Richmond Fed History

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January 14, 2014

Telegram Announcing the Opening of the Richmond Fed's Office, November 16, 1914

Telegram About the Richmond Fed's Opening

Western Union telegram

The Federal Reserve Bank of Richmond opened for business on November 16, 1914, as did Banks in the other 11 districts. That morning, Governor George Seay sent a telegram to notify Treasury Secretary William McAdoo that the Richmond Bank had opened.


Topics: Currency

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Bob McTeer talks about leading the Baltimore Branch and becoming president of the Dallas Fed.