Bray Hammond

Background

Bray Hammond was born on November 20, 1886, in Missouri, United States. He was a son of Harry Hammond and Lucy (Bray) Hammond.

Education

Bray Hammond studied at Stanford University and received a Bachelor of Arts degree in 1912.

Career

Bray Hammond started his career as an assistant cashier at State Bank in New Sharon, Iowa. He held this post from 1907 to 1909. Then he took up a post of an assistant professor at State College in Washington (today Washington State University). Hammond left this post in 1916 and entered the armed forces during World War I. Three years in the army saw him rise from the second lieutenant to captain in the Aviation Section of the Signal Corps. Although Hammond was employed as a personnel director for a New Haven manufacturing company from 1919 to 1929, he returned to Washington, D.C., in 1930 and would serve on the Federal Reserve. In 1944, he became an assistant secretary to the Board of Governors of the Federal Reserve System and held this post until 1950.

Bray Hammond wrote The Federal Reserve System: Its Functions and Purposes in 1939. In 1957, he published his famous book Banks and Politics in America from the Revolution to the Civil War. He also wrote Sovereignty and an Empty Purse and was a contributor of articles on historical subjects to periodicals.

Achievements

• Bray Hammond was known as an American financial historian and writer, who was famous for his books Banks and Politics in America from the Revolution to the Civil War and Sovereignty and an Empty Purse. In 1958, he received the Pulitzer Prize for History for Banks and Politics in America from the Revolution to the Civil War.

Works

More photos

• book

  • Sovereignty and an Empty Purse: Banks and Politics in the Civil War

    (A sequel to his Pulitzer Prize-winning Banks and Politics...)

    1970
  • Banks and Politics in America from the Revolution to the Civil War

    (This is a book about politics and banks and history. Yet ...)

    1957
  • The Federal Reserve System: Its Purposes And Functions 1939

Connections

Bray Hammond married Lucille Bennett in 1907. The marriage produced four children. In 1927, Lucille Bennett died. Bray Hammond married Melitta de Kern on February 3, 1939.

Father:

Harry Hammond

Mother:

Lucy Bray

late-wife:

Lucille Bennett

Wife:

Melitta de Kern