Statement of Significance (as of designation - December 8, 1976):
From 1907 to 1923, this was the residence of Carter Glass (1858-1946), one of the most influential shapers of U.S. financial policy in the first half of the 20th century. Glass served in the U.S. House of Representatives (1902-18), as Secretary of the Treasury (1918-20), and as U.S. Senator (1920-46). He authored the Glass-Owen Act (1913), which established the Federal Reserve System.