A conservative is a man who does not think that anything should be done for the first time.

Frank Vanderlip

Frank A. Vanderlip (1864 - June 30, 1937) was an American banker. From 1897-1901, Vanderlip was the Assistant Secretary of Treasury for President of the United States William McKinley's second term, 1897-1901. In that office he negotiated with National City Bank a $200 million loan to the government to finance the Spanish American War. Thereafter he was vice president and then president of National City Bank (1909-19). In November, 1910, he was a member of the Jekyll Island group, a group of bankers that wrote the bill that became the Federal Reserve Act

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