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State Banking Before the Civil War, And, the Safety Fund Banking System in New York, 1829-1866 (Classic Reprint) - Couverture souple

Dewey, Davis Rich

 
9781333225254: State Banking Before the Civil War, And, the Safety Fund Banking System in New York, 1829-1866 (Classic Reprint)

Synopsis

A detailed look at how American banks formed, failed, and evolved in the years before the Civil War.

It explains how early experiments relied on gold and silver, and how governments shifted to government securities to support large bank capital.

This book covers the rise and fall of bank capital, the risky practice of using stock notes, and the ways states tried to regulate directors and discounts. It also traces the rise of the safety‑fund system in New York and how it affected deposits, notes, and overall banking stability.
  • How early banks sourced capital and the move from specie to government securities
  • How the safety fund operated in New York and what changed in 1842
  • How directors’ loans and related practices influenced bank stability
  • The growth of deposits, circulation, and reserves from 1836 to 1860
Ideal for readers of financial history, banking policy, and the evolution of state banking systems.

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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.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.