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Clifford Clark -LRB- April 18 , 1889 -- December 27 , 1952 -RRB- was a Canadian professor , economist and civil servant .. Canadian. Canadians. professor. professor. economist. economist. civil servant. civil servant. He earned his M.A. from Queen 's University receiving honours in Latin , French , English , History and Political and Economic Science and did graduate studies in economics with F. W. Taussig at Harvard .. F. W. Taussig. F. W. Taussig. Harvard. Harvard. He returned to teach at Queen 's in 1915 where he became the first head of the Commerce program in 1919 .. In 1921 , Clark left to work for American investment firm S. W. Straus and Company , returning to Queen 's after the company went bankrupt in the Great Depression .. S. W. Straus and Company. S. W. Straus and Company. Great Depression. Great Depression. At the instigation of Oscar D. Skelton , Clark wrote a well-received memorandum on monetary policy for the 1932 British Empire Economic Conference in Ottawa .. Oscar D. Skelton. Oscar D. Skelton. British Empire Economic Conference. British Empire Economic Conference. Shortly afterwards , he was appointed Deputy Minister in the Department of Finance by R. B. Bennett , a position he held until his death in 1952 .. R. B. Bennett. R. B. Bennett. As deputy minister , he helped to establish the Bank of Canada in 1934 , chaired the World War II Economic Advisory Committee , and helped convince Mackenzie King to adopt the 1944 Family Allowance Bill .. Bank of Canada. Bank of Canada. Mackenzie King. Mackenzie King