Allan Sproul Papers, 1907-1978, Bulk 1945-1978
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http://oac.cdlib.org/findaid/ark:/13030/kt396nd9x7 No online items Finding Aid to the Allan Sproul Papers, 1907-1978, bulk 1945-1978 Finding Aid written by The Bancroft Library staff The Bancroft Library University of California, Berkeley Berkeley, California, 94720-6000 Phone: (510) 642-6481 Fax: (510) 642-7589 Email: [email protected] URL: http://bancroft.berkeley.edu/ © 2007 The Regents of the University of California. All rights reserved. Finding Aid to the Allan Sproul BANC MSS 79/26 c 1 Papers, 1907-1978, bulk 1945-1978 Finding Aid to the Allan Sproul Papers, 1907-1978, bulk 1945-1978 Collection Number: BANC MSS 79/26 c The Bancroft Library University of California, Berkeley Berkeley, California Finding Aid Written By: The Bancroft Library staff Date Completed: November 2008 © 2008 The Regents of the University of California. All rights reserved. Collection Summary Collection Title: Allan Sproul papers Date (inclusive): 1907-1978, Date (bulk): bulk 1945-1978 Collection Number: BANC MSS 79/26 c Creators : Sproul, Allan, 1896- Extent: Number of containers: 10 boxes, 7 cartonsLinear feet: 12.55 Repository: The Bancroft Library University of California, Berkeley Berkeley, California, 94720-6000 Phone: (510) 642-6481 Fax: (510) 642-7589 Email: [email protected] URL: http://bancroft.berkeley.edu/ Abstract: Allan Sproul's papers primarily concern his financial and banking activities and interests. Much of the collection consists of correspondence, both to and from other bankers and economists, largely discussing financial trends and policies. The collection also contains extensive files relating to his work with the Federal Reserve Bank of New York and with the Wells Fargo Bank of San Francisco. The collection holds a set of subject files primarily reflecting banking interests along with manuscripts of writings and talks by him and other bankers and economists. There are a few folders of personal information, clippings, awards, and a scrapbook kept by his wife, circa 1920-1938, containing clippings, photographs, programs, and telegrams. Languages Represented: Collection materials are in English Physical Location: Many of the Bancroft Library collections are stored offsite and advance notice may be required for use. For current information on the location of these materials, please consult the Library's online catalog. Access Collection is open for research. Publication Rights All requests to reproduce, publish, quote from or otherwise use collection materials must be submitted in writing to the Head of Public Services, The Bancroft Library, University of California, Berkeley, 94720-6000. Consent is given on behalf of The Bancroft Library as the owner of the physical items and is not intended to include or imply permission from the copyright owner. Such permission must be obtained from the copyright owner. See: http://bancroft.berkeley.edu/reference/permissions.html . Restrictions also apply to digital representations of the original materials. Use of digital files is restricted to research and educational purposes. Preferred Citation [Identification of item], Allan Sproul Papers, BANC MSS 79/26 c, The Bancroft Library, University of California, Berkeley. Finding Aid to the Allan Sproul BANC MSS 79/26 c 2 Papers, 1907-1978, bulk 1945-1978 Alternate Forms Available There are no alternate forms of this collection. Indexing Terms The following terms have been used to index the description of this collection in the library's online public access catalog. Sproul, Allan, 1896- Banks and banking--United States--History--Sources Wells, Fargo & Company Kaiser Aluminum and Chemical Corporation Federal Reserve Bank of New York. President Acquisition Information The Allan Sproul Papers were given to the Bancroft Library by Allan Sproul, Jr. in October 1978. Accruals No additions are expected. System of Arrangement Portions of this collection are arranged to the folder level, while others are arranged to the container level. Processing Information Processed by Bancroft Library staff in 2008. Biographical Information Banker Allan Sproul, born in San Francisco on March 9, 1896, was educated in public schools and attended the University of California, Berkeley. He graduated in 1919, after serving in World War I as an army pilot for a year in 1918. Sproul joined the Federal Reserve Bank of San Francisco on September 1, 1920, where he served as head of the bank's Division of Analysis and Research. Ten years later, in March 1930, he transferred to the New York branch as Assistant Deputy Governor and Secretary, dealing primarily with the bank's foreign operations. He was appointed First Vice President in March 1936 and continued to a large extent to supervise the bank's foreign transactions. He was in charge of the bank's open market activities and involved in formulating bank policy and overseeing the general administration of the bank. He was also manager of the System Open Market Account under the Federal Open Market Committee. On January 1, 1941, Mr. Sproul became president of the Federal Reserve Bank, a position he held until June 30, 1956 (shortly after his sixtieth birthday). During this time he was vice-chairman of the Federal Open Market Committee, directing the open market operations of all the Federal Reserve Banks. After his retirement, Sproul returned to California, where he served on the Boards of Directors of Wells Fargo Bank in San Francisco and the Kaiser Aluminum and Chemical Corporation of Oakland, positions he held until shortly before his death in 1978. Sproul also participated in several congressional committees, testifying on behalf of the Federal Reserve Banks. In early 1960, he visited India and Pakistan with a commission named by the International Bank for Reconstruction and Development to examine the two countries' economic conditions and plans. In 1961, as chairman of a committee named by President Kennedy, he reported on the balance of payments position of the United States and on the domestic economy. He was also appointed by Governor Edmund G. Brown in 1963-64 to chair a committee for the study of the future of banking in California, and published a report in 1965. Sproul was a trustee and member of the Research and Policy Committee of the Committee for Economic Development. He also lectured to professional and university groups, and wrote articles for various journals and banking periodicals. Scope and Content of Collection Allan Sproul's papers primarily concern his financial and banking activities and interests. Much of the collection consists of correspondence, both to and from other bankers and economists, largely discussing financial trends and policies. The collection also contains extensive files relating to his work with the Federal Reserve Bank of New York and with the Wells Fargo Bank of San Francisco. The collection holds a set of subject files primarily reflecting banking interests along with manuscripts of writings and talks by him and other bankers and economists. There are a few folders of personal information, clippings, awards, and a scrapbook kept by his wife, circa 1920-1938, containing clippings, photographs, programs, and telegrams. Finding Aid to the Allan Sproul BANC MSS 79/26 c 3 Papers, 1907-1978, bulk 1945-1978 Series 1Correspondence 1918-1978 Subseries 1.1Incoming 1928-1978 Series 1 Correspondence 1918-1978 Physical Description: Boxes 1-9 Arrangement Divided into two sub-series: incoming and outgoing. Subseries 1.1 Incoming 1928-1978 Physical Description: Boxes 1-8 Arrangement Arranged alphabetically by author, then chronologically within each folder. Scope and Content Note The incoming correspondence is mainly from banking colleagues and economists, and largely concerns financial trends and policies. Box 1, Folder 1 "A" Miscellany 1953-1977 Box 1, Folder 2 Abs, Herman Josef 1956-1971 Box 1, Folder 3 Achilles, Theodore Carter January 28, 1972 Box 1, Folder 4 Agger, Eugene Ewald May 2, 1956 Box 1, Folder 5 Albert, Carl Bert August 18, 1975 Box 1, Folder 6 Alexander, Henry Clay 1958-1967 Box 1, Folder 7 American Finance Association 1966-1967 Box 1, Folder 8 Anderson, Arthur Marvin May 2, 1956 Box 1, Folder 9 Anderson, Robert Bernerd November 30, 1959 Box 1, Folder 10 Arbuckle, Ernest Comings July 22, 1975 Box 1, Folder 11 Association of Stock Exchange Firms 1957 Box 1, Folder 12 Atchley, Dana Winslow 1962-1972 Box 1, Folder 13 Auboin, Roger May 2, 1956 Box 1, Folder 14 "B" Miscellany 1956-1975 Box 1, Folder 15 Balderston, C. Canby May 2, 1956 Box 1, Folder 16 Bancroft Library February 16, 1977 Box 1 , Folder 17 Bank of Japan, Tokyo May 2, 1956 Box 1, Folder 18 Barger, Harold 1958-1960 Box 1, Folder 19 Barron's April 17, 1968 Box 1, Folder 20 Baumgartner, Wilfrid 1956-1975 Box 1, Folder 21 Beal, Gerald F. May 1, 1956 Box 1, Folder 22 Bechtel, Stephen Davison 1963-1965 Box 1, Folder 23 Beckhart, Benjamin Haggot 1969 Box 1, Folder 24 Beise, S. Clark May 31, 1956 Box 1, Folder 25 Bell, Daniel W. May 2, 1956 Box 1, Folder 26 Bell, Elliott Vallance 1961-1972 Box 1, Folder 27 Benner, Claude L. May 1, 1956 Box 1, Folder 28 Bernstein, Edward Morris May 10, 1965 Box 1, Folder 29 Berry, Cecil Ralph May 3, 1956 Box 1, Folder 30 Bethke, Robert Harden May 2, 1956 Box 1, Folder 31 Bierwith, John E. 1956-1975 Box 1, Folder 32 Binger, Eugene Thomas April 13, 1964 Box 1, Folder 33 Birla, Ghanshyam Dass March 4, 1960 Box 1, Folder 34 Black, Eugene Robert 1956-1960 Box 1, Folder 35 Bliss, John Alden July 28, 1959 Box 1, Folder 36 Bloomfield, Arthur Irving October 12, 1963 Box 1, Folder 37 Blough, Roger M. 1962-1966 Box 1, Folder 38 Boeschenstein, Harold 1965 Box 1, Folder 39 Bohemian Club 1963-1975 Box 1, Folder 40 Bopp, Karl Richard 1956-1963 Box 1, Folder 41 Boston University, University Libraries February 9, 1966 Box 1, Folder 42 Breck, Henry Cushman 1969-1977 Finding Aid to the Allan Sproul BANC MSS 79/26 c 4 Papers, 1907-1978, bulk 1945-1978 Series 1Correspondence 1918-1978 Subseries 1.1Incoming 1928-1978 Box 1, Folder 43 Brenton, Woodward Harold June 27, 1956 Box 1, Folder 44 Broderick, Joseph A.