Daniel Richard Crissinger (December 10, 1860 – July 12, 1942) was an American banker and lawyer who served as the 3rd chairman of the Federal Reserve from 1923 to 1927. Crissinger previously served as the 14th comptroller of the Currency from 1921 to 1923.[1]
Daniel Crissinger | |
|---|---|
 | |
| 3rd Chairman of the Federal Reserve | |
| In office May 1, 1923 – September 15, 1927 | |
| President | Warren G. Harding Calvin Coolidge |
| Deputy | Edmund Platt |
| Preceded by | William P. G. Harding |
| Succeeded by | Roy A. Young |
| Member of the Federal Reserve Board | |
| In office May 1, 1923 – September 15, 1927 | |
| President | Warren G. Harding Calvin Coolidge |
| Preceded by | William P. G. Harding |
| Succeeded by | Roy A. Young |
| 14th Comptroller of the Currency | |
| In office March 17, 1921 - March 30, 1923 | |
| President | Warren G. Harding |
| Preceded by | John Skelton Williams |
| Succeeded by | Henry M. Dawes |
| Personal details | |
| Born | December 10, 1860 Tully Township, Marion County, Ohio, U.S. |
| Died | July 12, 1942 (aged 81) Marion, Ohio, U.S. |
| Political party | Democratic |
| Education | University of Akron (BS) University of Cincinnati (LLB) |
Early life
editCrissinger was born on December 10, 1860, to John M. Crissinger a leading lumberjack tradesman and Margaret (Ganzhorn) Crissinger a German immigrant in Tully Township, Marion County, Ohio. He was named after his grand-uncle Daniel Crissinger and was an only child after his brother died at infancy.[2] Crissinger was educated in Caledonia, Ohio, and graduated from Caledonia High School in 1880. He spent one year as a grade school teacher and he worked for one year in the high school.
He attended Buchtel College in Akron, Ohio, and graduated 1885. He studied law with Judge William Z. Davis in Marion, Ohio, until he began formal study at the University of Cincinnati. After graduation in June 1886, he became a partner of Judge Davis.
Career
editIn 1893 Crissinger was elected city solicitor of Marion, Ohio. He served in several partnerships and was nominated for Congress in 1904 and 1906 as a Democrat. Crissinger was vice-president of City National Bank of Marion, Ohio at the time of its founding and he became president of the bank in 1911. He held other posts including director of Marion Steam Shovel Company, president of National City Bank & Trust Company, director and vice-president of the Marion Union Stock Yards Company director, a director and treasurer of the Marion Packing Company, a director of the Marion County Telephone Company, and president of the Marion Cemetery Association.
Crissinger was nominated in 1921 by Republican President Warren G. Harding, who was a friend and neighbor in Ohio, to serve as the 14th Comptroller of the Currency. He became the 3rd Chairman of the Federal Reserve in 1923 and he served under presidents Harding and Coolidge.[1]
Death
editHe died on July 12, 1942.[1]
References
edit- ^ a b c United Press (July 13, 1942). "Daniel Crissinger, Aide of Harding. Lifelong Friend of President, Ex-Governor of the Federal Reserve Board, Dead. Leader in Marion, Ohio. Had Been Banker, Lawyer and Prosecuting Attorney. Quit Capital Post in 1927". The New York Times. Retrieved 2012-10-28.
Daniel Richard Crissinger, a friend of President Harding and ...
- ^ "The History of Marion County, Ohio: Containing a History of the County; Its Townships, Towns, Churches, Schools, Etc; General and Local Statistics; Military Record; Portraits of Early Settlers and Prominent Men; History of the Northwest Territory; History of Ohio". 1883.
Further reading
edit- Denslow, William R., and Harry S. Truman. 10,000 famous Freemasons. Trenton, Missouri: Missouri Lodge of Research, 1957
- Kane, Thomas P. The Romance and Tragedy of Banking. New York: The Bankers Publishing Co, 1923.
- Meltzer, Allan H. (2003). A History of the Federal Reserve – Volume 1: 1913–1951. Chicago: University of Chicago Press. pp. 156–224. ISBN 978-0226520001.