The A B C of the federal reserve system: why the federal reserve system was called into being, the main features of its organization, and how it works. - Couverture souple

Kemmerer, Edwin Walter

Couverture souple

ISBN 10 : 1240111533 ISBN 13 : 9781240111534

Editeur : Gale, Making of Modern Law, 2010

Synopsis

The Making of the Modern Law: Legal Treatises, 1800-1926 includes over 20,000 analytical, theoretical and practical works on American and British Law. It includes the writings of major legal theorists, including Sir Edward Coke, Sir William Blackstone, James Fitzjames Stephen, Frederic William Maitland, John Marshall, Joseph Story, Oliver Wendell Holmes, Jr. and Roscoe Pound, among others. Legal Treatises includes casebooks, local practice manuals, form books, works for lay readers, pamphlets, letters, speeches and other works of the most influential writers of their time. It is of great value to researchers of domestic and international law, government and politics, legal history, business and economics, criminology and much more.
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The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to insure edition identification:
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Harvard Law School Library

CTRG97-B227



Princeton, N.J.: Princeton University Press, 1919. xiii, 90 p.: ill.; 21 cm

A propos du livre

Présentation de l'éditeur

“AT first sight the book appears to be a considerably more elaborate treatise than the title would indicate, but a closer examination reveals the fact that but 90 pages, set in large type, are given to the discussion of the subject in hand. The rest of the volume is given over to four appendices containing, respectively, an annotated combined balance sheet of the twelve banks, the complete text of the Federal Reserve act and amendments, the parts of the text of the Farm Loan act affecting the federal reserve system and that part of the War Revenue act of April 24, 1917, which affects federal reserve banks. Two indexes follow, one of the act and its amendments and the other to the author's own text. The former is highly unsatisfactory since it refers only to sections, many of which cover a number of pages and subjects.

“The purpose of the present work is, according to the author, "to set forth in non-technical language the chief reasons why the federal reserve system was called into being, the main feature of its organization and how it works." In his first four chapters, Professor Kemmerer has singled out for brief discussion, what he considers the four groups of chief defects of our old banking system, viz., decentralization, inelasticity of credit, cumbersome exchange and transfer system, and defective organization as regards relationship with the federal treasury. The remaining four chapters point out the respective remedies which are provided by the federal reserve system. Not only are the legislative provisions of the system recorded in each case but the progress made to date in carrying them out is summarized as well. To boil down into a few brief paragraphs, free from technical language, the important features of so complicated and comprehensive a subject is by no means easy, but Professor Kemmerer has performed the task in admirable fashion. Naturally, however, detailed explanation had to be sacrificed to brevity with the result that a reader without a fair knowledge of our financial mechanism and its method of operation may experience some difficulty in following some portions of the discussion.”

— The American Economic Review, Volume 9

Présentation de l'éditeur

This book was originally published prior to 1923, and represents a reproduction of an important historical work, maintaining the same format as the original work. While some publishers have opted to apply OCR (optical character recognition) technology to the process, we believe this leads to sub-optimal results (frequent typographical errors, strange characters and confusing formatting) and does not adequately preserve the historical character of the original artifact. We believe this work is culturally important in its original archival form. While we strive to adequately clean and digitally enhance the original work, there are occasionally instances where imperfections such as blurred or missing pages, poor pictures or errant marks may have been introduced due to either the quality of the original work or the scanning process itself. Despite these occasional imperfections, we have brought it back into print as part of our ongoing global book preservation commitment, providing customers with access to the best possible historical reprints. We appreciate your understanding of these occasional imperfections, and sincerely hope you enjoy seeing the book in a format as close as possible to that intended by the original publisher.

Détails de l'édition

• Éditeur: Gale, Making of Modern Law
• Date d'édition: 2010
• Langue: anglais
• ISBN 10: 1240111533
• ISBN 13: 9781240111534
• Reliure: Broché
• Nombre de pages: 106
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible