Abstract
WhUe Stetson's name is not as well known as other famous or infamous bankers, he was an important banker whose career provides an opportunity to examine significant issues and episodes in banking and business history during the first half of the twentieth century. In one major foray outside banking, Stetson became a board member of the Illinois Central Railroad Company in 1932 after becoming an indispensable aid to W. Averell Harriman's business empire.