Edmund_Platt
Edmund Platt
American politician and businessmen (1865–1939)
Edmund Platt (February 2, 1865 – August 7, 1939) was an American politician and corporate executive who served as the 4th vice chairman of the Federal Reserve from 1920 to 1930. A member of the Republican Party, he had represented New York's 26th congressional district in the United States House of Representatives for four terms from 1913 to 1920.
Edmund Platt | |
|---|---|
| 4th Vice Chairman of the Federal Reserve | |
| In office July 23, 1920 – September 14, 1930 | |
| President | Woodrow Wilson Warren G. Harding Calvin Coolidge Herbert Hoover |
| Preceded by | Albert Strauss |
| Succeeded by | John Thomas |
| Member of the Federal Reserve Board | |
| In office June 20, 1920 – September 14, 1930 | |
| President | Woodrow Wilson Warren G. Harding Calvin Coolidge Herbert Hoover |
| Preceded by | Albert Strauss |
| Succeeded by | Eugene Meyer |
| Member of the U.S. House of Representatives from New York's 26th district | |
| In office March 4, 1913 – June 7, 1920 | |
| Preceded by | Edwin Albert Merritt |
| Succeeded by | Hamilton Fish III |
| Personal details | |
| Born | Edmund Platt (1865-02-02)February 2, 1865 Poughkeepsie, New York, U.S. |
| Died | August 7, 1939(1939-08-07) (aged 74) Chazy, New York, U.S. |
| Resting place | Poughkeepsie Rural Cemetery |
| Political party | Republican |
| Education | Eastman Business College Harvard University (BA) |
Born in Poughkeepsie, New York he attended a private school and Riverview Academy. He graduated from Eastman Business College in Poughkeepsie and learned the printer's trade. He graduated from Harvard University in 1888 and taught school and studied law.
Early career
He moved to Wisconsin and edited the Superior Evening Telegram in 1890 and 1891. He returned to Poughkeepsie in 1891 and engaged in editing and publishing the Poughkeepsie Eagle; he was also a member of the board of water commissioners of Poughkeepsie.
Congress
Platt was elected as a Republican to the Sixty-third and to the three succeeding Congresses and held office from March 4, 1913 to June 7, 1920, when he resigned to accept appointment by President Woodrow Wilson to the Federal Reserve Board.
While in the House of Representatives, he was chairman of the Committee on Banking and Currency (Sixty-sixth Congress).
Federal Reserve
Platt became vice chairman of the Federal Reserve Board in August 1920 and served until 1930 when he resigned. Ironically, as a congressman he voted against the creation of the Federal Reserve in 1913. [1]
Later career
He returned to Poughkeepsie and engaged in an extensive banking business.
Death and burial
Platt died in Chazy, New York while on a visit in 1939; interment was in the Poughkeepsie Rural Cemetery.
| U.S. House of Representatives | ||
|---|---|---|
| Preceded by | Member of the U.S. House of Representatives from New York's 26th congressional district 1913–1920 |
Succeeded by |
| Preceded by | Chair of the House Financial Services Committee 1919–1920 |
Succeeded by |
| Government offices | ||
| Preceded by Albert Strauss |
Member of the Federal Reserve Board of Governors 1920–1930 |
Succeeded by |
| Vice Chair of the Federal Reserve 1920–1930 |
Succeeded by John Thomas | |