Henry Parker Willis

Henry Parker Willis

Henry Parker Willis, Ph. D. (1874 – 1937) was an American financial expert, born at Weymouth, Massachusetts. He graduated from the University of Chicago with a Ph.D in 1897.

Willis taught economics and political science at Washington and Lee University. He was professor of economics at George Washington University and lectured at Columbia University, becoming a Professor of Economics there in 1919. [cite web|url=http://www.joc.com/history/p11.asp|title=The double life of H. Parker Willis|publisher=The Journal of Commerce|accessdate=2008-01-24]

He served as an expert to the Ways and Means and Banking and Currency committees of the United States House of Representatives, and in other positions. Willis was the first Secretary of the Federal Reserve Board, serving between 1914 and 1918. [cite web|title=Locating Federal Reserve Districts and Headquarters Cities|author=David Hammes|publisher=Federal Reserve Bank of Minneapolis|url=http://minneapolisfed.org/pubs/region/01-09/hammes.cfm]

Willis also served as the first president of the Philippine National Bank. [cite web|url=http://www.time.com/time/magazine/article/0,9171,732359-2,00.html|title=Dollar Doctors|publisher=Time Magazine|accessdate=2008-101-25|date=1929-05-13}] In 1926, he was appointed the chairman of the "Commission of Inquiry into Banking and the Issue of Notes", a committee established by the government of the Irish Free State to determine what changes were necessary in relation to banking and banknote issue, which recommended the creation of a new currency for the state. [cite web|title=Seanad Éireann - Volume 155 - 14 May, 1998 Banking System: Statements|url=http://historical-debates.oireachtas.ie/S/0155/S.0155.199805140007.html|accessdate=2008-01-24]

His writings include:
* "History of the Latin Monetary Union" (1901)
* "Reciprocity" (1903), with J. L. Laughlin
* "Our Philippine Problem" (1905)
* "Principles and Problems of Modern Banking" (1910)
* "Life of Stephen A. Douglas" (1911)
* "The Federal Reserve" (1915)
* "American Banking" (1916)

References


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