James H. Eckels
Deceased Person
1858 – 1907
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Who was James H. Eckels?
James H. Eckels was a United States Comptroller of the Currency from 1893 to 1897.
Eckels' appointment broke the precedent that only those with previous banking experience could serve as Comptroller. Eckels, a 35-year-old lawyer, was named Comptroller by President Grover Cleveland.
A month after Eckels took office, the country plunged into a deep financial crisis, the panic of 1893. His efforts to restore confidence in the national banking system played an important role in bringing back the economic health of the nation. Eckels became president of a national bank in Chicago in 1898.
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