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Allan H. Meltzer's monumental history of the Federal Reserve System tells the story of one of America's most influential but least understood public institutions. This first volume covers the period from the Federal Reserve's founding in 1913 through the Treasury-Federal Reserve Accord of 1951, which marked the beginning of a larger and greatly changed institution. To understand why the Federal Reserve acted as it did at key points in its history, Meltzer draws on meeting minutes, correspondence, and other internal documents (many made public only during the 1970s) to trace the reasoning behind its policy decisions. He explains, for instance, why the Federal Reserve remained passive throughout most of the economic decline that led to the Great Depression, and how the Board's actions helped to produce the deep recession of 1937 and 1938. He also highlights the impact that individuals had on the institution, such as Benjamin Strong, governor of the Federal Reserve Bank of New York in the 1920s, who played a large role in the adoption of a more active monetary policy by the Federal Reserve. From attempts to build a new international financial system at the London Monetary and Economic Conference of 1933 to the Bretton Woods Agreement of 1944 that established the International Monetary Fund and the World Bank, Meltzer also examines the influence the Federal Reserve has had on international affairs. Written by one of the world's leading economists, this magisterial biography of the Federal Reserve and the people who helped shape it will interest economists, central bankers, historians, political scientists, policymakers, and anyone seeking a deep understanding of the institution thatcontrols America's purse strings.

With over 60 official trails, the recently created Red Cliffs Desert Reserve offers recreation and enjoyment in approximately 62,000 acres of beautiful red rock country. Located in southwestern Utah adjacent to the city of St George, the Red Cliffs Desert Reserve area has always been a haven for desert plants and wildlife. One of the main purposes of the Red Cliffs Desert Reserve is to protect unique animals and plants, especially the endangered desert tortoise. (Off-road vehicles are prohibited in most areas within the Reserve). With nearly 100 square miles available in the Red Cliffs Desert Reserve, hikers, bikers, horseback riders, rock climbers, and photographers all are able to share in the beauty and magic that the Reserve has to offer--from its colorful canyons to its mesa tops and vistas. "Hiking and Biking in the Red Cliffs Desert Reserve" includes 60 trail descriptions covering roughly 200 miles of trails, complete with: directions to trailheads, hiking times required, distances, elevations, trail conditions, major attractions, biking possibilities, five maps, and dozens of photos. One-half of the author's proceeds from this book are donated to protect the Red Cliffs Desert Reserve.

Confederated Tribes of the Umatilla Indian Reservation - The Confederated Tribes of the Umatilla Indian Reservation (often called the Umatilla Indian Reservation) is an Indian reservation in eastern Oregon in the United States. Located near the city of Pendleton on the north side of the Blue Mountains, the reservation was established for three Sahaptin-speaking Native American tribes which traditionally inhabited the Columbia Plateau region: the Cayuse, Umatilla, and Walla Walla.

Passamaquoddy Indian Township Reservation - Passamaquoddy Indian Township Reservation is an Indian reservation located in Washington County, Maine. As of the 2000 census, the Indian reservation had a total population of 676.

Pamunkey Indian Reservation - Pamunkey Indian Reservation is a Native American Reservation located in Virginia in the United States. The reservation lies along the Pamunkey River in King William County, Virginia on the Middle Peninsula.

Cattaraugus Reservation - Cattaraugus Reservation is an Indian reservation of the Seneca tribe of the Iroquois nation located in New York. As of the 2000 census, the Indian reservation had a total population of 2,412.

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