State Banking Before the Civil War, And, the Safety Fund Banking System in New
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 18.14
Quantity: Over 20 available
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Print on Demand. This book delves into the intricate world of State Banking Before the Civil War, exploring the complexities of state-chartered banks in the US from the nation's inception until the outbreak of the Civil War. The author traces the evolution of banking practices, examining the methods used by states to establish financial institutions, exploring the challenges and controversies surrounding the industry. From the establishment of the Bank of North America in 1781 to the widespread proliferation of local banks in the 1800s, this book sheds light on the critical role these institutions played in shaping the nation's financial landscape. The insights offered provide a deeper understanding of the historical foundations of American banking and its profound impact on the economic development of the United States. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. …
Seller Inventory # 9781333225254_0
- Title
- State Banking Before the Civil War, And, the Safety Fund Banking System in New
- Author
- Davis Rich Dewey, Robert E. Chaddock
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1333225253
- ISBN 13
- 9781333225254
- Seller catalogs
- Business
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
"Synopsis" may belong to another edition of this title.
Forgotten Books
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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FB &c Ltd
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Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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