William Thomas Gould Hackett Explained

William Thomas Gould Hackett (30 May 1906 – 16 July 1983) was a Canadian economist and an economic adviser for the Bank of Montreal. During World War II he was secretary of the Wartime Industries Control Board.

Born in Carbonear, Newfoundland on 30 May 1906,^[1] he was baptized on 23 July 1906. He was educated at Guelph Collegiate, Ontario, and attended the University of Toronto. He married Alice Diretta Scroogie on 1 July 1936.

Hackett was author of the 1945 book, A Background of Banking Theory.^[2]

He served as an economic adviser at the Bank of Montreal from 1943 to 1952. Other positions at the bank included:

• Assistant General Manager, 1952–1954
• Assistant General Manager, Securities Department, 1955–1959
• Assistant General Manager, Special Senior Executive Duties, 1959–1963
• Deputy General Manager Investments, 1964–1965
• General Manager Investments, 1966–?.

Lecturer in Money & Banking Sir George Williams University 1970–1971President, University Club of Montreal 1970–1971

During World War II, Hackett was Secretary, Ontario Executive Committee, National War Finance Committee (1941), and Secretary, Wartime Industries Control Board, Ottawa (1941-1943). He died at a Montreal nursing home in 1983.^[3]

Notes and References

1. Book: Roberts, Charles George Douglas. Charles G. D. Roberts

   . Charles G. D. Roberts. Arthur L. Tunnell . The Canadian Who's who. University of Toronto Press. 7-11, 13, 17, 19, 24. 1975. Toronto, Ontario, Canada. 427.

2. Published by The Canadian Bankers' Association, Toronto, 122 pages. From The Bank of Montreal Archives: "Part of a series of memoranda, under the general title of A Background of Banking Theory, constituted part of the material prepared for the use of general managers and other bank officials, in connection with the 1944 Revision of the Bank Act. Content includes: Introductory Comment and Some Preliminary Definitions; What Are The Functions of the Bank of Canada?; How Are The Chartered Banks Affected by Bank of Canada Operations?; Creation of Credit; Why not Borrow More From The Bank of Canada?; The 100% Reserve Theories; Some Notes on the Banking Systems of Australia and New Zealand; Government Control of Trading Banks in Australia; Nationalization of Banking."
3. Web site: The Montreal Gazette - Google News Archive Search.