In 1910, seven powerful Wall Street financiers boarded a private railroad car for a secret meeting at a private resort where they drew up plans for a U.S. central bank. Born in secrecy, their creation became in 1913 the Federal Reserve.
Ken MacDermotRoe, Host
Dave Schwartz, Producer
This program is an edition of the monthly series History Counts produced by MDR Productions, Inc. It originates at Pacifica affiliates WPKN 89.5 FM (Bridgeport, CT) and WPKM 88.7 FM (Montauk, NY) whose signals reach most of Connecticut and parts of New York and Rhode Island. For further information, please visit www.historycounts.org.