Lawrence O. Murray

Lawrence O. Murray
Lawrence O. Murray
12th Comptroller of the Currency
	In office; April 27, 1908 - April 27, 1913
President	Theodore Roosevelt; William Howard Taft
Preceded by	William Barret Ridgely
Succeeded by	John Skelton Williams

Lawrence O. Murray was a United States Comptroller of the Currency from April 27, 1908 to April 27, 1913.[1]

Attorney Lawrence O. Murray had extensive government service prior to his appointment as Comptroller by President Theodore Roosevelt. During his tenure, the size of the national banking system prompted Congress to authorize appointment of a second deputy comptroller.

In the interim before Murray's successor took office, the Federal Reserve Act was passed. The act created twelve Federal Reserve Districts, with the Comptroller designating a district chief national bank examiner for each district under whom a corps of examiners and assistants worked. Examiners were to be compensated by salary and expenses rather than fees levied on the banks they examined.

References

Office of the Comptroller of the Currency Retrieved August 23, 2020 This article incorporates text from this source, which is in the public domain.

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[1] Office of the Comptroller of the Currency Retrieved August 23, 2020 This article incorporates text from this source, which is in the public domain.