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William McChesney Martin, Edit Profile


William McChesney Martin,, American former Chairman of the Board of Governors of the Federal Reserve System.


Martin,, William McChesney was born on December 17, 1906 in St. Louis. Son of William McChesney and Rebecca (Woods) Martin.


Bachelor,, Yale University,, 1928. Student, Benton College of Law,, St. Louis,, 1931. Postgraduate, Columbia University,, 1937.

Doctor of Laws, Temple University. Doctor of Laws, Amherst College. Doctor of Laws, Tulane University.

Doctor of Laws, Marietta College. Doctor of Laws, Washington University. Doctor of Laws, Trinity College.

Doctor of Laws, University Pennsylvania. Doctor of Laws, Yale. Doctor of Laws, Bowdoin College.

Doctor of Laws, Washington and Lee University. Doctor of Laws, Hamilton College. Doctor of Laws, Harvard University.

Doctor of Laws, Tufts University. Doctor of Laws, Princeton University. Doctor of Laws, Columbia.

Doctor of Laws, New York University. Doctor of Laws, Rutgers University. Doctor of Laws, Middlebury College.

Doctor of Laws, Bishop's University. Doctor of Laws, Williams College. Doctor of Laws, New School Social Research, University Delaware.

Doctor of Laws, University Michigan.


In bank examination department Federal Reserve Bank, St. Louis, 1928-1929. Head statistical department Albert Gallatin Edwards & Sons, 1929-1931, partner, 1931-1938. Member New York Stock Exchange, 1931-1938, governor, 1935-1938, chairman committee on constitution, 1937-1948.

Secretary Conway committee to reorganize the Exchange, 1937-1938, chairman board, president protem, May-June 1938, president, 1938-1941. Public, editor Economic Forum, 1932-1934. Board directors Export-Import Bank, 1945, chairman board, 1946-1948.

Assistant secretary United States Department Treasury, 1949. United States executive director International Bank for Reconstruction and Development, 1949-1952. Chairman board governors Federal Reserve Board, 1951-1970.

Director Scandinavian Securities Corporation. Advisory Riggs National Bank, Washington, since 1970. Member advisory board International Business Machines Corporation.


Trustee emeritus Barry College. Fellow Johns Hopkins University Drafted as private under Selective Service Act United States Army, 1941. Sergeant General Headquarters, Army War College 1941.

Commissioned 1st lieutenant, Infantry 1942. Advanced through ranks to colonel 1945. Assistant to executive Munitions Assignments Board, Washington, and assistant executive President's Soviet Protocol Committee.

Member of West Side Tennis (New York ). Yale (Washington), Metropolitan (Washington), Alibi (Washington), Chevy Chase (Washington).


Married Cynthia Davis, April 3, 1942. Children– Cynthia, Diana, William III.

William McChesney Martin,

Rebecca (Woods) Martin,

Cynthia Davis

Cynthia Martin,

Diana Martin,

William III Martin,