Eugene Robert Black Sr.

Eugene Robert Black, 1934

Eugene Robert Black (born January 7, 1873 in Atlanta , † December 19, 1934 ) was an American lawyer .

Career

Born and raised in Atlanta, studied Black at the University of Georgia law . There he was a member of the Chi Phi Brotherhood and the Phi Kappa Literary Society. In 1897 he married a daughter of Henry W. Grady. They had a son, Eugene Robert Black Jr.

In 1921, Black became president of the Atlanta Trust Society. A year before Black Thursday , he became governor of the regional Federal Reserve Bank of Atlanta. With his open market policy he successfully fought the bank run in the wake of Black Thursday. He maintained this policy during the Great Depression in 1933 and was Chairman of the May 19 central bank system's of the United States Federal Reserve , was appointed. He was followed on August 15, 1934 by Marriner Eccles .

Black died unexpectedly on December 19, 1934.

Web links

United States Treasury

Footnotes

↑ EUGENE BLACK DIES OF HEART ATTACK; Governor of Federal Reserve Guided System in Nation's Critical Era of Finance. PRESIDENT'S CLOSE FRIEND 'Depositors Owe Much to You,' Roosevelt Wrote When He Quit Post Aug. 15. In: The New York Times. December 20, 1934, accessed on May 11, 2019 .

personal data
SURNAME	Black, Eugene Robert Sr.
ALTERNATIVE NAMES	Black, Eugene Robert
BRIEF DESCRIPTION	American attorney and chairman of the Federal Reserve Board
DATE OF BIRTH	January 7, 1873
PLACE OF BIRTH	Atlanta
DATE OF DEATH	December 19, 1934
Place of death	Atlanta

[1] EUGENE BLACK DIES OF HEART ATTACK; Governor of Federal Reserve Guided System in Nation's Critical Era of Finance. PRESIDENT'S CLOSE FRIEND 'Depositors Owe Much to You,' Roosevelt Wrote When He Quit Post Aug. 15. In: The New York Times. December 20, 1934, accessed on May 11, 2019 .