Letter from Henry White to Theodore Roosevelt
Subject(s): Banks and banking--Government policy, Banks and banking, Central, Canada, Diplomatic and consular service, France, Germany, Italy, Luzzatti, Luigi, 1841-1927, Switzerland, Taft, William H. (William Howard), 1857-1930, United States. Navy. Atlantic Fleet. Battleship Force
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Regarding the central bank question, Ambassador White informs President Roosevelt that he has spoken to Luigi Luzzatti, an Italian financier. He believes that sooner or later, the United States will need to move to a central banking system, and that the men in the country are capable of rising to the challenge. Luzzatti provided several examples of banking systems in other countries and noted that Italy modeled their bank after Germany’s. Currently Luzzatti is working to establish an international conference on banking and would like the United States’s cooperation. White briefly congratulates Roosevelt on the progress of the Great White Fleet. White also updates Roosevelt on the progress of the embassy in France, which will finally be able to host the official reception for newly arrived ambassadors and officials. The record includes a handwritten letter and a typed transcription.
Collection
Library of Congress Manuscript Division
Creation Date
1908-01-31
Creator(s)
Recipient
Roosevelt, Theodore, 1858-1919
Language
English
Period
U.S. President – 2nd Term (March 1905-February 1909)
Repository
Library of Congress Manuscript Division
Page Count
12
Production Method
Record Type
Multi-image
Resource Type
Rights
These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.
Citation
Cite this Record
Chicago:
Letter from Henry White to Theodore Roosevelt. [January 31, 1908]. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o58042. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
White, Henry, 1850-1927. Letter from Henry White to Theodore Roosevelt. [31 Jan. 1908]. Multi-image.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. January 15, 2026. https://www.theodorerooseveltcenter.org/digital-library/o58042.
APA:
White, Henry, 1850-1927., [1908, January 31]. Letter from Henry White to Theodore Roosevelt.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o58042.
Cite this Collection
Chicago:
Library of Congress Manuscript Division. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. January 15, 2026. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
APA:
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
