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A Foregone Conclusion
The Founding of the
Federal Reserve Bank of St. Louis
by James Neal Primm
Acknowledgements
The works of a half-dozen scholars, and the reminiscences and other
writings of the players, national and local, who influenced the
content and passage of the Federal Reserve Act and the location
of the Eighth District Bank in St. Louis, have been essential to
the writing of this book. I am indebted to Thomas Melzer, president
of the St. Louis Federal Reserve Bank, for his sponsorship and friendly
support; to the Bank's librarian, Carol Thaxton, for her friendly
assistance; and to Ruth Bryant, vice president of the Bank, who
gave freely of her time and energy throughout the preparation of
the manuscript. I am grateful to Vice President Bryant for assembling
the illustrations and photographs which accompany the text. Finally,
I want to express my appreciation to Garland Russell, that urbane
gentleman whose penetrating questions and observations on the initial
draft led to significant improvements in the manuscript. Errors
in fact and interpretation, if there are any, are my sole responsibility.
James Neal Primm
St. Louis, June 1989
©1989 print edition, Federal
Reserve Bank of St. Louis
©2001 electronic edition, Federal Reserve Bank of St. Louis
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