Nelson Wilmarth Aldrich.jpg

Nelson W. Aldrich (Freemason)

U.S. Senator. Father of Abigail Greene ‘Abby’ Aldrich who married John D. Rockefeller Jr in 1901.

Author of Aldrich-Vreeland Currency Act and Payne-Aldrich Tarrif Act.[5]

Organizer and President, United Tractin and Electric Company.[5]

Trustee, Providence, Hartford and Fishkill Railroad.[5]

President, First National Bank of Providence.[5]

Director, Roger Williams Bank.[5]

Member of the Senate Four, which largely controlled the Senate along with Orville H. Platt (Freemason)[6], John Coit Spooner (Freemason)[7], William B. Allison(Freemason)[8] and Nelson W. Aldrich (Freemason)[8].

20 to 30 Nov 1910 - Secret ten day conference at the luxurious Jeklly Island Hunt Club, to write a plan to reform the nation’s banking system. [2]

The meeting and its purpose were closely guarded secrets, and participants did not admit that the meeting occurred until the 1930s. But the plan written on Jekyll Island laid a foundation for what would eventually be the Federal Reserve System.[2]

Also in attendence were:

- Nelson Aldrich (Freemason)- Chair of the National Monetary Commission. Father-in-law of John D. Rockefeller. Relative Chester Aldrich (Architect) co-partner with Williams Adams Delano (Scroll and Key)

- A. Piatt Andrew (Freemason Economics Professor, Harvard) - Assistant Secretary of the Treasury and Special Assistant to the National Monetary Commission (the only other person from the commission besides Aldrich).

- Paul Warburg - Prominent German banking family who was a partner in the New York banking house of Kuhn, Loeb & Co…

“In November, 1910, I was invited to join a small group of men who, at Senator Aldrich’s request, were to take part in a several days’ conference with him, to discuss the form that the new banking bill should take. … when the conference closed … the rough draft of what later became the Aldrich Bill had been agreed upon … The results of the conference were entirely confidential. Even the fact that there had been a meeting was not permitted to become public. … Though eighteen years have gone by, I do not feel free to give a description of this most interesting conference concerning which Senator Aldrich pledged all participants to secrecy. I understand, however, a history of Senator Aldrich’s life … will contain an authorized account to of this episode” (Warburg 1930, pp. 58-60).

- Frank A. Vanderlip, President of the National City Bank of New York (Rockefeller). [Now called Citibank.]

- Henry P. Davison - Senior partner of J.P.Morgan & Co. (Both son’s S&B. Both daughters married S&B. Invested in Time, H.R.Luce and Briton Hadden S&B190)**

Son, Henry Pomeroy Davison, Jr. (S&B 1920. 1898–1961), was a director at Time magazine who married Anne Stillman (1902–1987), daughter of James A. Stillman (Chairman of National City Bank)

Son, Frederick Trubee Davison (S&B 1918. CIA) and son Daniel P. Davison (S&B 1949)

Daughter, Frances Pomeroy Davison (1903–1969), married Ward Cheney (S&B 1896), a son of Charles Cheney, a partner at J.P. Morgan & Company, in 1926.[5]

Daugther, Alice Trubee Davison (1899–1983), married Artemis Lamb Gates (S&B 1918. 1895–1976) in 1922

- Charles D. Norton - President of the Morgan-dominated First National Bank of New York.

What came to be known as the Aldrich Plan was during the conference. The plan was written in secrecy, as the public would never approve of a banking reform bill written by bankers.

1910, Aldrich was persudaded of the necessity of a central bank for the United States. [This is after the historic non renewal of licences for the First and Second Bank’s of the United States … Search mind map]

1908 - Chairman of the National Monetary Commission, which studied the causes of the Panic of 1907 (Search mind map … Theodore Roosevelt (Freemason)). The commission drew up the Aldrich Plan as a basis for regulatory reform of the financial regulatory system. The Aldrich Plan strongly influenced the Federal Reserve Act of 1913, which established the Federal Reserve System (A private central bank. Search mind map). Aldrich also sponsored the Sixteenth Amendment, which allowed for a direct federal income tax.

5 Oct 1881 to 3 Mar 1911 - United States Senator from Rhode Island.[5]

4 Mar 1879 to 4 Oct 1881 - Member of the U.S. House of Representatives from Rhode Island’s 1st district.[5]

1876 to 1877 - Speaker of the Rhode Island State House of Representatives.[5]

1875 to 1877 - Member of the Rhode Island House of Representatives.[5]

American Civil War - Union Army.[5]

Died 16 Ape 1915 from Apoplectic stroke. Age 73.

[1] - Spartacus Educational - Nelson W. Aldrich - Freemason

[2] - Federal Reserve History - The meeting at Jekylll Island

[3] - FYI - “I have tried to get confirmation of the actual split in ownership through the United Sates Chamber of Commerce and they informed me that the stockholders will not be disclosed.”

[4] - Find a Grave - Nelson W. Aldrich - Freemason

[5] - Political Graveyard.com - List of Freemasons

[6] - 10,000 Famous Freemasons by William R. Denslow Vol ll [K to P] - Orville H. Platt (Freemason)