Funds and Their Uses: A Book Describing the Methods, Instruments, and Institutions Employed in Modern Financial Transactions (Classic Reprint) - Couverture souple

Frederick A. Cleveland

 
9781332813919: Funds and Their Uses: A Book Describing the Methods, Instruments, and Institutions Employed in Modern Financial Transactions (Classic Reprint)

Synopsis

The digital edition of all books may be viewed on our website before purchase. Excerpt from Funds and Their Uses: A Book Describing the Methods, Instruments, and Institutions Employed in Modern Financial Transactions (Classic Reprint)



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Présentation de l'éditeur

Except in its public aspects, the subject of finance has received little attention at the hands of writers. The necessity for funds with which to carry on King AV illiani swar with France gave rise to theB ank of England and, with it, to modern funding methods. Nearly all of the great banks and banking systems of the past have grown out of public rather than private needs. So constantly has attention been drawn to funding measures of Government, that the words finance and funds have come to be associated almost exclusively with public affairs. The fast increasing funds in private institutions, the magnitude of modern industrial and commercial undertakings, the large funding operations wholly private in their character that have gone along with private enterprise during the last decade, have awakened an interest in private finance far exceeding that which attaches to public revenues and expenditures. Kecognizing the need for tbe collection and coordination of data in this branch of qsubject, effort has been directed toward the development of a literature such as may bring the facts of financial lite within the reach of the reading public. This larger work was uT idertaken some years ago in cooperation with Dr. Edward S. ]reade, of the University of Pennsylvania.
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