Emanuel Goldenweiser

His PhD thesis subject was "Russian Immigration to the U.S." (Roughly two million Jews emigrated from Russia between 1880 and 1920; many came to the U.S.) He became a U.S. citizen in the same year.

In 1916 he married for a second time, his first marriage, to the sister of the wife of his older brother, Shura, having ended in divorce in 1912.

Pearl (Ann) Allen of Luray, Virginia, and Emanuel had two children, Margaret in 1917, and Alexander (Lex) in 1922.

The Glass-Steagall bill was passed in 1935, based on testimony provided by Marriner Eccles, governor of the Federal Reserve Board, and Goldenweiser, "his able director of research....with 15 years of experience with Federal Reserve facts, figures, problems, policies and action during good times and bad," as noted in an August 20, 1935 article by Warren Persons.

Persons refer to include the financial aftermath of WWI, the Great Depression, and the unusual capital flows into the U.S. preceding the entry of the U.S. into WWII.

Despite his significant influence on economic and financial issues facing the nation, Goldenweiser preferred to remain as inconspicuous as possible, a characteristic noted in a number of the tributes to his achievements in various publications at the time of his retirement.

The Washington Post, in the January 13, 1946 issue, says that, "It is unusual, however, to have contributed so much to public policy and to the minds and works of others over so long a span and retain the anonymity Dr. Goldenweiser has enjoyed....he has succeeded, for the most part, in staying in the background—which is notable for one who has had a marked influence, who was born with wit and acquired wisdom and who is no shrinking Milquetoast."

"A Monetary History of the United States 1857-1960," Milton Friedman and Anna Jacobson Schwartz, Princeton University Press Family Archives

Emanuel Goldenweiser