Daniel Richard Crissinger
Daniel Richard Crissinger | |
|---|---|
| Born | Template:Birth date Tully Township, Marion County, Ohio, U.S. |
| Died | July 12, 1942 (aged 81) |
| Occupation(s) | Lawyer, banker |
| Known for | 3rd chairman of the Federal Reserve (1923–1927), 14th Comptroller of the Currency (1921–1923) |
Daniel Richard Crissinger (December 10, 1860 – July 12, 1942) was a distinguished American lawyer and banker who held the role of the 3rd chairman of the Federal Reserve between 1923 and 1927. Prior to this, he served as the 14th comptroller of the Currency from 1921 until 1923.
Early life
Born in Tully Township, Marion County, Ohio, Crissinger was the son of John M. Crissinger, a well-known figure in the lumber industry, and Margaret (Ganzhorn) Crissinger, who had emigrated from Germany. As an only child, he completed his education at Caledonia High School in 1880. Following brief periods working as a teacher, he enrolled at Buchtel College in Akron, graduating in 1885. He pursued legal studies initially under Judge William Z. Davis in Marion and later earned his law degree from the University of Cincinnati in 1886, subsequently joining Davis as a law partner.
Career
Crissinger was elected city solicitor of Marion, Ohio in 1893. He made two unsuccessful bids for Congress as a Democratic candidate in 1904 and 1906. In the banking sector, he was instrumental at City National Bank of Marion from its inception, first serving as vice-president before ascending to president in 1911. His business engagements extended to multiple leadership roles: director at Marion Steam Shovel Company; president of National City Bank & Trust Company; director and vice-president at Marion Union Stock Yards Company; treasurer and director of Marion Packing Company; director at Marion County Telephone Company; and president of the Marion Cemetery Association.
In 1921, Republican President Warren G. Harding, who was both a neighbor and friend from Ohio, appointed Crissinger as the 14th Comptroller of the Currency. Two years later, he was elevated to chairman of the Federal Reserve, a position he held during the administrations of Presidents Harding and Coolidge.
Death
Daniel Richard Crissinger passed away on July 12, 1942.
Further reading
- Denslow, William R., and Harry S. Truman. 10,000 famous Freemasons. Trenton, Missouri: Missouri Lodge of Research, 1957
- Kane, Thomas P. The Romance and Tragedy of Banking. New York: The Bankers Publishing Co, 1923.