Definition of nelson w aldrich in English English dictionary
born Nov. 6, 1841, Foster, R.I., U.S. died April 16, 1915, New York, N.Y. U.S. senator and financier. He served in the U.S. House of Representatives (1879-81) and the Senate (1881-1911). His work as chair of the National Monetary Commission (1908-12) helped prepare the way for the Federal Reserve System (1913). He also invested profitably in banking, electricity, gas, rubber, and sugar