| LC control no. | n 90679089 |
|---|---|
| Descriptive conventions | rda |
| Personal name heading | Eccles, Marriner S. (Marriner Stoddard), 1890-1977 |
| Variant(s) | Eccles, Marriner Stoddard, 1890- |
| Birth date | 18900909 |
| Death date | 19771218 |
| Place of birth | Logan, Utah |
| Place of death | Salt Lake City, Utah |
| Affiliation | First Security Corporation Board of Governors of the Federal Reserve System (U.S.) Amalgamated Sugar Company Utah Construction Company Marriner S. Eccles Foundation |
| Profession or occupation | Bankers Economists |
| Found in | NUCMC data from Swarthmore College Peace Collection for Business Executives Move for New National Priorities. Records, 1966-1977 (Marriner S. Eccles) LC data base 8-7-90 (hdg.: Eccles, Marriner Stoddard, 1890- ; usage: Marriner S. Eccles) NUCMC file (Eccles, Marriner S. (Marriner Stoddard), 1890-1977) Utah History Encyclopedia, via WWW, August 8, 2013 (Marriner Stoddard Eccles; born in Logan, Utah on September 9, 1890; attended Brigham Young College in Logan; in 1924 Marriner and his brother George joined with the Browning family in Ogden to form the Eccles-Browning Affiliated Banks, which within three years acquired control of banks at seventeen locations in Utah, Idaho, and Wyoming; in June 1928 Marriner and George Eccles and E.G. Bennett of Idaho Falls organized the First Security Corporation as a holding company to manage the seventeen banks and a savings and loan institution; he was called upon to help draft the Emergency Banking Act of 1933, the Federal Housing Act of 1934, and the 1933 act creating the Federal Deposit Insurance Corporation; in November 1934 Eccles was nominated to head the Federal Reserve System, and his appointment was ratified by the Senate in April 1935; Marriner Eccles was the principal sponsor of the Banking Act of 1935, which restructured the Federal Reserve system into its present form; he was appointed chairman of the Board of Governors of the newly organized system in 1935 and served for seventeen years; at the end of World War II, Eccles helped to lay out the agreements that created the World Bank and International Monetary Fund in 1946; he was a strong advocate of the Marshall Plan for European Reconstruction in 1948-1949; and was on the Advisory Board of the Export-Import Bank; President Harry S. Truman failed to reappoint Eccles as chairman of the Board of Governors in 1948 but retained him as vice chairman until 1951, when Marriner resigned; Marriner resumed active participation in his family's various businesses, including First Security Corporation, Amalgamated Sugar Company, and Utah Construction Company (later renamed Utah Construction and Mining, and then later Utah International, Inc.); Marriner founded the Marriner S. Eccles Library and Graduate Fellowship of Political Economy at the University of Utah, and the Marriner S. Eccles Foundation that has funded many charitable, scientific, and educational organizations in Utah; in 1982, in his honor, the Federal Reserve Building in Washington, D.C. was named for him; he died in Salt Lake City on December 18, 1977) Wikipedia, August 8, 2013 (Marriner Stoddard Eccles (September 9, 1890-December 18, 1977) was a U.S. banker, economist, and member and chairman of the Federal Reserve Board) |
| Associated language | eng |
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