James H. Eckels
Encyclopedia
James H. Eckels was a United States
Comptroller of the Currency from 1893 to 1897.
Eckels' appointment broke the precedent that only those with previous banking experience could serve as Comptroller. Eckels, a 35-year-old lawyer, was named Comptroller by President Grover Cleveland
.
A month after Eckels took office, the country plunged into a deep financial crisis, the panic of 1893. His efforts to restore confidence in the national banking system played an important role in bringing back the economic health of the nation. Eckels became president of a national bank in Chicago
in 1898.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
Comptroller of the Currency from 1893 to 1897.
Eckels' appointment broke the precedent that only those with previous banking experience could serve as Comptroller. Eckels, a 35-year-old lawyer, was named Comptroller by President Grover Cleveland
Grover Cleveland
Stephen Grover Cleveland was the 22nd and 24th president of the United States. Cleveland is the only president to serve two non-consecutive terms and therefore is the only individual to be counted twice in the numbering of the presidents...
.
A month after Eckels took office, the country plunged into a deep financial crisis, the panic of 1893. His efforts to restore confidence in the national banking system played an important role in bringing back the economic health of the nation. Eckels became president of a national bank in Chicago
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
in 1898.