FOREWORD Twenty-five years ago today Woodrow Wikon, in the presence of members of his Cabinet, chief executive officers, and leaders of the United States Senate and House of Representatives, approved the Federal Reserve Act. Three solid gold penholders and pens had been prepared for the occasion. Three original copies of this act were printed...
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PREFACE Excellent books on the best methods of bank book-keeping already exist, also other books on the theories and history of money and banking. In a well-organized course on banking this book should fill an intermediate place between those described; it is the pioneer of its kind. It is designed especially for three classes of...
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MONEY is one of those terms which political economists have borrowed from popular speech and found ill-adapted to their purposes. In spite of numerous attempts to make a suitable definition, it still lacks the precision and definiteness of meaning which should characterize scientific terminology. Popular usage is tolerably consistent and clear, but fails to...
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PREFACE DURING the past three years a marked change in public sentiment regarding the money question has forced its way into the national councils. In the act of May 30, 1908, the two houses of Congress, for the first time since the Civil War, agreed that a bond-secured currency was not the only kind...
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PREFACE There are many excellent manuals treating of the history and principles of money, of credit, and of the history, principles and practices of banking, but the author has not found any single book which presents in a concise way the whole general subject of money and banking, so arranged as to make it...
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THE practice of Money-lending is now carried out on such an enormous scale, and by such a large class of society, and is attended by certain evils so widespread and disastrous, that it has become fairly necessary to look the problem in the face ; and whatever may be the conclusions arrived at, I...
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PREFATORY NOTE This text-book on banking is designed to reproduce as nearly as possible the practical workings of a national bank. A detailed account of the organization and practical management of banks is given, but the books are opened from statements showing the condition of a bank that is in operation. For the purpose...
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PREFACE It is the main purpose of this book to present a teachable elementary course in the application of mathematics to a broad class of financial problems. The material for the book has been obtained from many sources and tested in the teaching of such courses at three large universities. Experience has shown that...
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PREFACE BY THE AUTHOR This book has been prepared as a manual of business calculation, for use in connection with the problems which continually arise in the course of business as conducted today. In deciding what subjects to include the authors have been guided throughout by the desire to make the book directly useful in...
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LESSONS OF THE FINANCIAL CRISIS – THE ANNALS OF THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE THE PANIC AS A WORLD PHENOMENON By Frank A. Vanderlip, Vice-President National City Bank, New York. It might very properly be urged that the present is too early a date for us to draw wise conclusions from the lessons...
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PREFACE by the Author These Lectures were delivered at Waterford, in the beginning of the year 1833. At that time I held the office of Manager of the Waterford branch of the Provincial Bank of Ireland. When residing in London I had assisted at the formation of the City of London Literary and Scientific...
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WHERE TO GO FOR MONEY
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BANKS are commonly thought of as being chiefly engaged in the business of lending money, but as a matter of fact money loans make up a small part of their business. The investments of savings banks are indeed limited to the funds which they have received from depositors, together with such amounts as have...
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BANK, Bankers, Banking. The term bank has two distinct significations; one in reference to commerce, implying a place of deposit or store-house ; the other relating to geography and rural economy, implying an elevation of the earth, either natural or artificial; and either below or above the surface of the water, in rivers as...
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