Texas Archival Resources Online

TABLE OF CONTENTS


Biographical/Historical note

Scope and Contents note

Restrictions

Index Terms

Administrative Information

Description of Series

Series I: Business Files

Series II: Federal Open Market Committee meeting transcripts, agendas and notes, 1987-1996

Series III: FOMC "Current Economic & Financial Conditions" & "Monetary Policy Alternatives" reports, 1987-2001

Series IV: "Current Economic Conditions" publication, 1988-2001

Series V: Federal Reserve Board Oral History, 2010

Woodson Research Center, Rice University

Guide to the Edward W. Kelley, Jr. Federal Reserve Papers, 1986-2010 MS 492



creator Author (aut) Kelley, Edward Watson, 1932-
Title: Edward W. Kelley, Jr. Federal Reserve papers
Dates: 1986-2010
Abstract Meeting notes, agendas, transcripts and reports mainly related to E.W. Kelley's work on Federal Open Market Committee as Governor for the Federal Reserve's Board of Governors.
Identification: MS 492
Quantity: 8.5 linear ft. (17 boxes)
Language:
Repository: Woodson Research Center

Biographical/Historical note

Edward W. Kelley, Jr. was president of Kelley Industries, a Houston-based holding company with businesses in manufacturing and distribution. He then served as chairman of the board of Investment Advisors, also in Houston. In 1987, his valuable perspective as a business executive was called upon when he began a term of service as a governor on the Federal Reserve board. He was instrumental in preparing the Federal Reseve system for Y2K, to make sure the Federal computer sytems would keep running as the year 1999 turned over into 2000. These preparations helped the same system keep running effortlessly after the 2001 terrorist attacks. Kelley served on the Federal Reserve board until 2001, when he retired. He was honored in 2005 by having the new Federal Reserve branch bank building in Houston named after him, and praised by then Federal Reseve Chairman Alan Greenspan in a speech at the building's dedication.

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Scope and Contents note

Meeting notes, agendas, transcripts and reports mainly related to E.W. Kelley's work on Federal Open Market Committee as Governor for the Federal Reserve's Board of Governors.

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Restrictions

Conditions Governing Access note

This material is open for research.

Conditions Governing Use note

Permission to publish from this material must be obtained from the Woodson Research Center, woodson@rice.edu.

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Index Terms

Subjects
Board of Governors of the Federal Reserve System (U.S.) -- History.
Federal Reserve banks.

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Administrative Information

Immediate Source of Acquisition note

This material was donated by Edward W. Kelley, Jr., 2002-2008, and 2013.

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Detailed Description of the Collection

 

Series I: Business Files

Scope and Contents note
Correspondence, notes, publications filed by Kelley in chronological order by year.
Box
1 Dec. 1986-1990
1 Notes and correspondence re: candidacy 1986-1987
2 Congratulatory notes and telegrams 1987
3 Cards and letters; folder 1 of 2 1987
4 Cards and letters; folder 2 of 2 1987
5 Congressional Records May 1987
6 Newspaper clippings re: Fed position 1987
7 Guest lists and invitations for going away parties May 30-June 16, 1987
8 Swearing-in programs and activities June 17-20, 1987
9 Swearing-in Ceremony, FRB Board Room (3 audio cassettes) June 18, 1987
10 E.W. Kelley, Jr.'s Federal Diary (2 audio cassettes) 1987
11 News articles re: the economy and stock market crash 1987
12 "A Short History of the Creation of the Federal Reserve System" booklet
13 St. John's School newsletter October 1987
14 Photographs of Board of Governors 1988
15 News clips and conference programs 1988
16 The Executives' Club of Chicago directory 1988-1989
17 The Oregonian Business Forecast 1988-1989
18 The American Bicentennial Presidential Inaugural 1989
19 News clips and reports 1989
20 Correspondence 1989
21 Oath of Office papers and photos 1990
22 Congressional Records 1990
Box
2 1990-1995
1 News clips and reports 1990
2 Correspondence and programs 1990
3 Meeting at Banco Central del Uruguay 1990
4 Congressional records 1991
5 News clips and reports 1991
6 Correspondence and programs 1991
7 Speech at Houston Baptist University (programs, photo, 1 audio cassette) 1991
8 Photographs 1991
9 "Annual Oversight Hearing on the Budget of the Federal Reserve System, Governors Angell and Kelley" (1 video cassette) July 18, 1991
10 News clips and reports 1992
11 Correspondence 1992
12 Programs 1992
13 Photographs 1992
14 Reuniones de Gobernadores de Bancos Centrales 1992
15 Congressional Records (The Federal Reserve Accountability Act of 1993) 1993
16 News clips and reports 1993
16 Correspondence 1993
18 Programs 1993
19 Photographs 1993
20 Congressional Records (Design of the Currency) 1994
21 News clips and reports 1994
22 Correspondence 1994
23 Programs 1994
24 Photographs 1994
25 Symposium Proceedings handbook 1994
26 Congressional Records (The $1 Coin) 1995
27 News clips and reports 1995
Box
3 1995-1999
1 Correspondence 1995
2 Programs 1995
3 Photographs 1995
4 News clips and reports 1996
5 Correspondence and photos of Kelley 1996
6 Programs 1996
7 Congressional Records 1996-1998
8 News clips and reports 1997
9 Correspondence 1997
10 Programs 1997
11 Photographs of Kelley and Board of Governors
12 Congressional Records 1998
13 News clips and reports 1998
14 Correspondence 1998
15 Programs 1998
16 Photographs of Kelley and Federal Reserve Board 1998
17 Federal Reserve System Commemorative Stamp 1998
18 E.W. Kelley, Jr.'s official passports 1987-1998
19 Congressional Records 1999
20 Newsclips and reports 1999
21 Correspondence 1999
22 Programs 1999
23 Photographs of Kelley, Jr. 1999
Box
4 Departure from Federal Reserve, 2000-2001
1 Y2K Event Schedule, CD Album, Timer and Audio cassette
2 News clips and reports 2000-2001
3 Post-heart attack "get well" cards 2000
4 Correspondence 2000-2001
5 Programs 2000
6 Photographs 2000-2001
7 Resignation and Departure 2001
8 Members of the Board of Governors bios and photos
9 News about and transcripts of remarks by E.W. Kelley, Jr., sent to Mrs. Kelley (mother) 1987-1996
10 Nametags from various events attended by Kelley (folder 1 of 2)
11 Nametags from various events attended by Kelley (folder 2 of 2)
Box
4-5 Y2K files, 1999-2000
Box Folder
4 12 Y2K Speeches and Testimonies
13 Century date change - early publications
14 Year 2000 Conversion
15 Y2K Testimony Sept. 17, 1998
16 Year 2000 testimony April 29, 1998
17 Year 2000 testimony, House Banking Committee Nov. 4, 1997
18 Year 2000 testimony July 30, 1997
19 Y2K Communications 1999
20 Year 2000 Overview: A presentation to the Board of Governonrs April 14, 1999
21 The Journey to Y2K: Final Report of the President's Council on Year 2000 Conversion March 29, 2000
22 Cosmos Club Speech March 30, 2000
23 Y2K Celebration
24 Meeting with Retailer Groups - BD ROOM April 13, 1999
25 CDC Contingency Planning
26 "CDC - Contingency and Event Planning"
Box Folder
5 1 Board Event Management Plan
2 President's Council on Y2K Conversion (folder 1 of 2)
3 President's Council on Y2K Conversion (folder 2 of 2)
4 Blair House Y2K Seminar with Cabinet Saturday, 9/18/99
5 CDC Q & A
6 CDC International Preparations
7 Y2K Public Information (folder 1 of 2)
8 Y2K Public Information (folder 2 of 2)
9 Public Information
10 Y2K Run-up
11 Y2K Currency Preparation
12 Y2K Currency
Box
5-6 Speeches by Kelley
Box Folder
5 13 Remarks: Special Occasions
14 Remarks: FRS Groups (folder 1 of 2)
15 Remarks: FRS Groups (folder 2 of 2)
16 Remarks: Economics & Forecasts (folder 1 of 3)
17 Remarks: Economics & Forecasts (folder 2 of 3)
18 Remarks: Economics & Forecasts (folder 3 of 3)
19 Remarks: General Topics (folder 1 of 4)
20 Remarks: General Topics (folder 2 of 4)
21 Remarks: General Topics (folder 3 of 4)
22 Remarks: General Topics (folder 4 of 4)
Box Folder
6 1 Speeches & Testimonies (folder 1 of 3)
2 Speeches & Testimonies (folder 2 of 3)
3 Speeches & Testimonies (folder 3 of 3)

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Series II: Federal Open Market Committee meeting transcripts, agendas and notes, 1987-1996

Box
6 1987-1989
- Transcripts of Federal Open Market Committee 1987
4 FOMC (folder 1 of 2) 1987
5 FOMC (folder 2 of 2) 1987
6 FOMC December 1987
- Transcripts of Federal Open Market Committee 1988
7 FOMC February 1988
8 FOMC March 1988
9 FOMC May 1988
10 FOMC June 1988
11 FOMC August 1988
12 FOMC September 1988
13 FOMC October 1988
14 FOMC November 1988
15 FOMC December 1988
Box
7 1989-1990
- Transcripts of Federal Open Market Committee 1989
1 FOMC February 1989
2 FOMC March 1989
3 FOMC May 1989
4 FOMC June 1989
5 FOMC July 1989
6 FOMC August 1989
7 FOMC September 1989
8 FOMC October 1989
9 FOMC November 1989
10 FOMC December 1989
- Transcripts of Federal Open Market Committee 1990
11 FOMC January 1990
12 FOMC February 1990
13 FOMC March 1990
14 FOMC May 1990
15 FOMC June 1990
16 FOMC July 1990
17 FOMC August 1990
18 FOMC September 1990
19 FOMC November 1990
20 FOMC December 1990
Box
8 1991-1993
- Transcripts of Federal Open Market Committee 1991
1 FOMC January 1991
2 FOMC February 1991
3 FOMC March 1991
4 FOMC May 1991
5 FOMC June 1991
6 FOMC July 1991
7 FOMC August 1991
8 FOMC October 1991
9 FOMC November 1991
10 FOMC December 1991
- Transcripts of Federal Open Market Committee 1992
11 FOMC January 1992
12 FOMC February 1992
13 FOMC March 1992
14 FOMC May 1992
15 FOMC June 1992
16 FOMC August 1992
17 FOMC September 1992
18 FOMC October 1992
19 FOMC November 1992
20 FOMC December 1992
21 Transcripts of Federal Open Market Committee (folder 1 of 2) 1993
22 Transcripts of Federal Open Market Committee (folder 2 of 2) 1993
23 FOMC January 1993
24 FOMC February 1993
Box
9 1993-1996
1 FOMC March 1993
2 FOMC May 1993
3 FOMC June 1993
4 FOMC July 1993
5 FOMC August 1993
6 FOMC September 1993
7 FOMC November 1993
8 FOMC December 1993
9 Transcripts of Federal Open Market Committee (folder 1 of 2) 1994
10 Transcripts of Federal Open Market Committee (folder 2 of 2) 1994
11 FOMC January 1994
12 FOMC February 1994
13 FOMC March 1994
14 FOMC May 1994
15 FOMC June 1994
16 FOMC July 1994
17 FOMC August 1994
18 FOMC September 1994
19 FOMC November 1994
20 FOMC December 1994
21 Transcripts of Federal Open Market Committee (folder 1 of 2) 1995
22 Transcripts of Federal Open Market Committee (folder 2 of 2) 1995
23 FOMC January 1995
24 FOMC March 1995
25 FOMC May 1995
26 FOMC July 1995
27 FOMC August 1995
28 FOMC September 1995
29 FOMC November 1995
30 FOMC December 1995
31 FOMC January 1996
32 FOMC March 1996
33 FOMC May 1996
Box
10 1996-2001
1 FOMC July 1996
2 FOMC August 1996
3 FOMC September 1996
4 FOMC November 1996
5 FOMC December 1996
6 FOMC January 1997
7 FOMC March 1997
8 FOMC May 1997
9 FOMC July 1997
10 FOMC August 1997
11 FOMC September 1997
12 FOMC November 1997
13 FOMC June 1998
14 FOMC August 1998
15 FOMC September 1998
16 FOMC November 1998
17 FOMC December 1998
18 FOMC January 1999
19 FOMC February 1999
20 FOMC March 1999
21 FOMC May 1999
22 FOMC June 1999
23 FOMC August 1999
24 FOMC October 1999
25 FOMC November 1999
26 FOMC December 1999
27 FOMC February 2000
28 FOMC March 2000
29 FOMC May 2000
30 FOMC June 2000
31 FOMC August 2000
32 FOMC October 2000
33 FOMC November 2000
34 FOMC December 2000
35 FOMC January 2001
36 FOMC March 2001
37 FOMC May 2001
38 FOMC June 2001
39 FOMC August 2001
40 FOMC September 2001
41 FOMC October 2001
42 FOMC November 2001
Box Folder
11 1 FOMC Press releases 1987-1996

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Series III: FOMC "Current Economic & Financial Conditions" & "Monetary Policy Alternatives" reports, 1987-2001

Box
11 1987-1989
2 FOMC "Current Economic and Financial Conditions" reports May-August, 1987
3 FOMC "Current Economic and Financial Conditions" reports September-December, 1987
4 FOMC "Monetary Policy Alternatives" reports May-December 1987
5 FOMC "Current Economic and Financial Conditions" reports February-May, 1988
6 FOMC "Current Economic and Financial Conditions" reports June-September, 1988
7 FOMC "Current Economic and Financial Conditions" reports October-December, 1988
Bin Folder
11 8 FOMC "Monetary Policy Alternatives" reports February-December, 1988
Box Folder
11 9 FOMC "Current Economic and Financial Conditions" reports February-May, 1989
10 FOMC "Current Economic and Financial Conditions" reports June-September, 1989
11 FOMC "Current Economic and Financial Conditions" reports November-December, 1989
12 FOMC "Monetary Policy Alternatives" reports February-December, 1989
Box
12 1990-1992
1 FOMC "Current Economic and Financial Conditions" reports January-March, 1990
2 FOMC "Current Economic and Financial Conditions" reports May-August, 1990
3 FOMC "Current Economic and Financial Conditions" reports September-November, 1990
4 FOMC "Current Economic and Financial Conditions" reports November-December, 1990
5 FOMC "Monetary Policy Alternatives" reports February-June, 1990
6 FOMC "Monetary Policy Alternatives" reports August-December, 1990
7 FOMC "Current Economic and Financial Conditions" reports January-March, 1991
8 FOMC "Current Economic and Financial Conditions" reports May-June, 1991
9 FOMC "Current Economic and Financial Conditions" reports August-September, 1991
10 FOMC "Current Economic and Financial Conditions" reports October-December, 1991
11 FOMC "Monetary Policy Alternatives" reports February-June, 1991
12 FOMC "Monetary Policy Alternatives" reports August-December, 1991
13 FOMC "Current Economic and Financial Conditions" reports January-March, 1992
14 FOMC "Current Economic and Financial Conditions" reports May-June, 1992
15 FOMC "Current Economic and Financial Conditions" reports August-September, 1992
16 FOMC "Current Economic and Financial Conditions" reports November-December, 1992
17 FOMC "Monetary Policy Alternatives" reports January-June, 1992
18 FOMC "Monetary Policy Alternatives" reports August-December, 1992
Box
13 1993-1995
1 FOMC "Current Economic and Financial Conditions" reports January-March, 1993
2 FOMC "Current Economic and Financial Conditions" reports May-June, 1993
3 FOMC "Current Economic and Financial Conditions" reports August-September, 1993
4 FOMC "Current Economic and Financial Conditions" reports November-December, 1993
5 FOMC "Monetary Policy Alternatives" reports January-July, 1993
6 FOMC "Monetary Policy Alternatives" reports August-December, 1993
7 FOMC "Current Economic and Financial Conditions" reports January-March, 1994
8 FOMC "Current Economic and Financial Conditions" reports May-June, 1994
Bin Folder
13 9 FOMC "Current Economic and Financial Conditions" reports August-September, 1994
Box Folder
13 10 FOMC "Current Economic and Financial Conditions" reports November-December, 1994
11 FOMC "Monetary Policy Alternatives" reports January-June, 1994
12 FOMC "Monetary Policy Alternatives" reports August-December, 1994
13 FOMC "Current Economic and Financial Conditions" reports January-March, 1995
14 FOMC "Current Economic and Financial Conditions" reports May-June, 1995
15 FOMC "Current Economic and Financial Conditions" reports August-September, 1995
16 FOMC "Current Economic and Financial Conditions" reports November-December, 1995
17 FOMC "Monetary Policy Alternatives" reports January-May, 1995
18 FOMC "Monetary Policy Alternatives" reports June-December, 1995
Box
14 1996-1998
1 FOMC "Current Economic and Financial Conditions" reports January-March, 1996
2 FOMC "Current Economic and Financial Conditions" reports May-June, 1996
3 FOMC "Current Economic and Financial Conditions" reports August-September, 1996
4 FOMC "Current Economic and Financial Conditions" reports November-December, 1996
5 FOMC "Monetary Policy Alternatives" reports January-June, 1996
6 FOMC "Monetary Policy Alternatives" reports August-December, 1996
7 FOMC "Current Economic and Financial Conditions" reports January-March, 1997
8 FOMC "Current Economic and Financial Conditions" reports May-June, 1997
9 FOMC "Current Economic and Financial Conditions" reports August-September, 1997
10 FOMC "Current Economic and Financial Conditions" reports November-December, 1997
11 FOMC "Monetary Policy Alternatives" reports 1997
12 FOMC "Current Economic and Financial Conditions" reports January-March, 1998
13 FOMC "Current Economic and Financial Conditions" reports May-June, 1998
14 FOMC "Current Economic and Financial Conditions" reports August-September, 1998
15 FOMC "Current Economic and Financial Conditions" reports November-December, 1998
16 FOMC "Monetary Policy Alternatives" reports 1998
Box
15 1999-2001
1 FOMC "Current Economic and Financial Conditions" reports January-March 1999
2 FOMC "Current Economic and Financial Conditions" reports May-June 1999
3 FOMC "Current Economic and Financial Conditions" reports August-September 1999
4 FOMC "Current Economic and Financial Conditions" reports November-December 1999
5 FOMC "Monetary Policy Alternatives" reports 1999
6 FOMC "Current Economic and Financial Conditions" reports January-March 2000
7 FOMC "Current Economic and Financial Conditions" reports May-June 2000
8 FOMC "Current Economic and Financial Conditions" reports August-September 2000
9 FOMC "Current Economic and Financial Conditions" reports November-December 2000
10 FOMC "Monetary Policy Alternatives" reports 2000
11 FOMC "Current Economic and Financial Conditions" reports January-March 2001
12 FOMC "Current Economic and Financial Conditions" reports May-June 2001
13 FOMC "Current Economic and Financial Conditions" reports August-September 2001
14 FOMC "Current Economic and Financial Conditions" reports October 2001
15 FOMC "Monetary Policy Alternatives" 2001

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Series IV: "Current Economic Conditions" publication, 1988-2001

Box
16 1988-1994
1 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-May 1988
2 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" June-November 1988
3 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-June 1989
4 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" August-December 1989
5 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-March 1990
6 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" May-June 1990
7 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" August-December 1990
8 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-April 1991
9 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" June-July 1991
10 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" September-November 1991
11 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-April 1992
12 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" June-July 1992
13 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" September-October 1992
14 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" November 1992
15 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-April 1993
16 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" July-August 1993
17 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" October-November 1993
18 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-April 1994
19 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" June-July 1994
20 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" September-November 1994
Box
17 1995-2001
1 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-March 1995
2 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" May-July 1995
3 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" September-November 1995
4 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" March-April 1996
5 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" June-July 1996
6 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" September-November 1996
7 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-April 1997
8 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" June-July 1997
9 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" September-December 1997
10 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-June 1998
11 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" September-October 1998
12 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" November-December 1998
13 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-April 1999
14 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" June-August 1999
15 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" September-October 1999
16 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" November 1999
17 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" January-April 2000
18 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" June-September 2000
19 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" October 2000
20 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" November 2000
21 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" February-April 2001
22 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" June-July 2001
23 "Summary of Commentary on Current Economic Conditions by Federal Reserve District" September-November 2001

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Series V: Federal Reserve Board Oral History, 2010

Box Folder
17 24 Interview of Edward W. Kelley, Jr. - transcript and audio cd September 22, 2010

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