Ever since the thirteen colonies starting printing their own money, monetary policy in the Americas has been a subject of great debate. The Flagler Museum’s 31st annual Whitehall Lecture Series presents How the 16th Amendment and the Federal Reserve Act Changed America on Sunday, February 28th at 3:00 p.m. Tickets are free for Museum Members at the Sustaining level and above, $10 for Individual, Family, and Life Members, and $28 for non-members, which includes Museum admission.
John Steele Gordon, Journalist and Financial Historian, and author of An Empire of Wealth: The Epic History of American Economic Power will present the lecture.
The early 20th Century was a time of great change in America’s financial system. In the absence of a central bank, J.P. Morgan was called upon to bail out the U.S. Government and save the Nation from financial panic. And, though the Supreme Court has once ruled that a Federal Income Tax was unconstitutional, in 1913 a Constitutional Amendment and an Act of Congress changed everything. John Steele Gordon will discuss the effects of the Federal Reserve Act and the 16th Amendment on America’s economy and government.
The Whitehall Lecture Series is sponsored by PNC Bank, the Max and Victoria Dreyfus Foundation, the Cultural Council of Palm Beach County, the Tourist Development Council, the Board of County Commissioners of Palm Beach County, The Palm Beach Post, and the State of Florida, Department of State, Division of Cultural Affairs.
For more information, or to purchase tickets please call the Flagler Museum at (561) 655-2833 or visit www.flaglermuseum.us.