Exhibit 815 · Archive institutional history
The Meeting at Jekyll Island (Federal Reserve History essay by Gary Richardson and Jessie Romero)
In November 1910, six men—Nelson Aldrich, A. Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip and Paul Warburg —met at the Jekyll Island Club, off the coast of Georgia, to write a plan to reform the nation's banking system.
The Fed's own history names six attendees in November 1910: Nelson Aldrich, A. Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip and Paul Warburg. It says the meeting was kept secret until the 1930s, that it is unlikely Benjamin Strong attended although Vanderlip recalls him there, and that the technical details of the 1913 Federal Reserve Act closely resembled the Aldrich plan, with the major differences in political and decision-making structures. Congress passed the Act and the President signed it in December 1913.
- Source
- Federal Reserve Bank of Richmond for the Federal Reserve Board (Federal Reserve History)
- Date
- Essay (events 20-30 November 1910)
- Quoted from
- Opening paragraph
- Grade
- Reported
- Document
- https://www.federalreservehistory.org/essays/jekyll-island-conference
- Accessed
- 2026-11-09
- Cited by
- Findings citing this exhibit