Party affiliation: Republican
Stepchildren—Walter, Henry, Alice. Assistant professor industry University of Pennsylvania, 1925-1931, professor, 1931-1954, dean Wharton School Financial and Commerce, 1941-1954. Governor Federal Reserve System, 1954-1966, vice Chairman of the Board Governors, 1955-1966.
President Leeds & Lippincott Company (Chalfonte-Haddon Hall hotels), 1951-1975, chairman, 1975-1976. Adjunct Professor finance American U., 1966-1977. Director Federal Reserve Bank of Philadelphia, 1943-1953, deputy chairman, 1949-1953.
Director Security National Bank, Washington, 1968-1973, Indiana Square Income Securities, Inc., 1972-1979. President Temporary Investment Fund, Inc., 1973-1979. President Federal Short-term Securities Trust, 1975-1979, Chestnut St. Exchange Fund, 1976-1979.
Chief War Department Wage Administration Agency, and wage administration section Headquarters Army Service Forces, 1942-1945. Emeritus trustee Bryn Mawr College. Board advisers Industrial College Armed Forces, 1964-1966.
Formerly trustee Industrial Relations Counselors. Chairman president, director National Bureau Economics Research. President American Association Collegiate School of Business Chairman investment committee Westtown School.
Board of managers Friends Hospital Frankford. Board directors Sidwell Friends School, Elwyn Institute.
Author: Managerial Profit Sharing, 1928. Profit-Sharing for Wage Earners, 1937. Group Incentives, 1930.
Executive Guidance of Industrial Relations, 1935. Wage Setting Based on Job Analysis and Evaluation, 1940. Co-author: Wages-A Means of Testing Their Adequacy, 1931.
Management of an Enterprise, 1935. Management of a Textile Business, 1938.
Born February 1, 1897