Background
Nelson Aldrich was born in Foster, Rhod Island, on November 6, 1841.
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(An Address By Senator Nelson W. Aldrich Before the Econom...)
An Address By Senator Nelson W. Aldrich Before the Economic Club of New York was written by Nelson Wilmarth Aldrich in 1910. This is a 35 page book, containing 9303 words and 4pictures. Search Inside is enabled for this title. (Typographical errors above are due to OCR software and don't occur in the book.) About the Publisher Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology. Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org
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Nelson Aldrich was born in Foster, Rhod Island, on November 6, 1841.
Nelson Wilmarth Aldrich attended public schools in East Killingly, the easternmost portion of Connecticut, and the East Greenwich Academy, a boarding school in Rhode Island.
Nelson Wilmarth Aldrich made rapid success in business, with interests in banking, sugar, rubber, and utilities, and was active in politics on the Providence common council from 1869 to 1875, in the Rhode Island state legislature from 1875 to 1876, and in the national House of Representatives from 1879 to 1881. In 1881 he entered the United States Senate where he served for 30 years. Owing to his strong character, business connections, genius as a parliamentarian, and political mastery of his own state, Aldrich became one of the inner circle of the Republican party and a dominant Senate leader. A conservative, he championed the protective tariff and the maintenance of the gold standard. He worked closely with Theodore Roosevelt during the first years of the latter's presidency, but opposed the Hepburn railroad rate bill in its original thoroughgoing form. The controversial Payne-Aldrich tariff of 1909, which Aldrich sponsored, was an important factor in splitting the Republican party in 1912.
Aldrich's most important contribution came in the field of banking reform. As chairman of the National Monetary Commission, which had been created under the 1908 Aldrich-Vreeland Act, he drew up the Aldrich Plan, which contained many features that were later incorporated in the Federal Reserve System.
(This book was originally published prior to 1923, and rep...)
(Leopold Classic Library is delighted to publish this clas...)
(This book was digitized and reprinted from the collection...)
(This is a pre-1923 historical reproduction that was curat...)
(This scarce antiquarian book is a facsimile reprint of th...)
(An Address By Senator Nelson W. Aldrich Before the Econom...)
A conservative, he championed the protective tariff and the maintenance of the gold standard.
Nelson Wilmarth Aldrich's marriage to Abby Chapman in 1865 brought him a measure of wealth and gave him entry to society, but he was essentially a self-made man.