Henry Parker Willis

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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.[1]

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.[2]

Willis also served as the first president of the Philippine National Bank.[3] 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.[4]


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)


[edit] References

  1. ^ The double life of H. Parker Willis. The Journal of Commerce. Retrieved on 2008-01-24.
  2. ^ David Hammes. Locating Federal Reserve Districts and Headquarters Cities. Federal Reserve Bank of Minneapolis.
  3. ^ Dollar Doctors. Time Magazine (1929-05-13). Retrieved on 2008-101-25.}
  4. ^ Seanad Éireann - Volume 155 - 14 May, 1998 Banking System: Statements. Retrieved on 2008-01-24.


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