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| Historical Speeches |
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| Selected speeches by the eight presidents of the New York Fed reflect on the history, philosophy and independence of the Fed. |
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| Benjamin Strong (bio) Served from 1914 - 1928 The
Formation of the Federal Reserve System |
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| George L. Harrison (bio) Served from 1928 - 1940 Some Essentials of Monetary Stability  641 kb |
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| Allan Sproul (bio) Served from 1941 - 1956 Reflections of a Central Banker 829 kb |
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| Alfred Hayes (bio) Served from 1956 - 1975 The International Monetary System -- Retrospect and Prospect 591 kb |
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| Paul A. Volcker (bio) Served from 1975 - 1979 The Contributions and Limitations of "Monetary" Analysis 685 kb |
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| Anthony M. Solomon (bio) Served from 1980 - 1984 Unresolved Issues in Monetary Policy 621 kb |
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| E. Gerald Corrigan (bio) Served from 1985 - 1993 Securing a More Balanced Global Economy 442 kb |
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| William J. McDonough (bio) Served from 1993 to 2003 An Independent Central Bank in a Democratic Country: The Federal Reserve Experience 613 kb |
| Sources |
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| The excerpts from speeches by Benjamin Strong through E. Gerald
Corrigan appeared in: FRBNY Quarterly Review: 75th Anniversary Issue 1989, 56 pages / 4 mb The speech by William J. McDonough appeared in the Quarterly Review's Spring 1994 Issue. |
