Oral history transcript, William McChesney Martin, interview 1 (I), 5/8/1987, by Michael L. Gillette

Title:

Oral history transcript, William McChesney Martin, interview 1 (I), 5/8/1987, by Michael L. Gillette

Number of Pages:

17

Description:

Martin's relationship with Senator Richard Russell; discrepancies in expenditures reported by different agencies and people; events leading up to the Federal Reserve Board raising the discount rate to 4.5 percent; LBJ's response to Martin's concern over impending inflation in 1964; visiting LBJ in the hospital in 1966 and at the Ranch in 1965 with Joe Swidler; conflict between LBJ and Martin as chairman of the Federal Reserve Board; LBJ's complaint that Martin raised discount rates without his consent; the effectiveness of the Quadriad in economic decision-making; the relationship between LBJ and Martin; LBJ's appointments to the Federal Reserve Board; Martin's 1965 speech at Columbia University

Contributor:

Martin, William McChesney, Jr., 1906-1998

Collection:

LBJ Library Oral Histories

Collection Description:

Go to List of Holdings

Series:

Transcripts of LBJ Library Oral Histories

See Also:

See all online interviews with William McChesney Martin

Relation:

Go to Interviewee bio page

Rights:

Possibly copyright restricted: see deed at end of transcript for details