Banks and Politics in America

Bray Hammond (1886-1968) was an American financial historian born in Springfield, Missouri, who graduated from Stanford University and worked as a banker, professor, and army captain before joining the Federal Reserve Board in 1930, serving as Assistant Secretary from 1944 to 1950. He is best known for his seminal work Banks and Politics in America from the Revolution to the Civil War (1957), which won the 1958 Pulitzer Prize for History, and posthumously published Sovereignty and an Empty Purse: Banks and Politics in the Civil War (1970). Dartmouth Archives, Pulitzer.org