National banking under the Federal Reserve System
• The book has been proof-read and corrected for spelling and grammatical errors
HARDLY a day passes but that The National City Bank of New York is called upon to furnish definite information regarding some phase of national banking in the United States. The Bank's first publication covering this subject appeared sixteen years ago under the title National Bank Organization, a volume in which was brought together information of particular value to those interested in the organization of a national bank. The book was a welcome contribution in the general field of banking literature, and the demand for it was greater than could be satisfied by two separate editions.
In 1912, therefore, the Bank published a third and revised edition under the title National Banks of the United States. A considerable quantity of new material was introduced in this later book; not only was the subject of bank organization carefully covered, but an analysis of the national banking law was given, and a supplement including specimens of practically all the forms that national banks must use, was included.
National Banks of the United States received a wide distribution not only among those who were interested in organizing new banks, but likewise among the executives of existing banks. The book has been obsolete in many respects since the Federal Reserve Act became operative, and The National City Bank of New York has deferred issuing a later edition until it seemed that circumstances governing the operation of the Federal Reserve Act had come, more or less, into a position of stability. It appears that such a time has now been reached and that whatever analysis is made of national banking at this time will be of some permanent value.
The purpose of the present volume is to give a picture and an interpretation of national banking in the United States under the Federal Reserve System. As a background for this extraordinarily important subject, there has been included in the earlier pages of the book, a brief history of national banking since the passage of the National Bank Act in 1863, with particular emphasis being laid on the growth of the system. The technical details of organizing a national bank are set forth; an analysis of both the Federal Reserve Act and the National Bank Act so far as they affect the management, supervision and general business practices of the national banks of the United States, is given. The Reserve Act itself is reprinted and carefully indexed so that it may be of convenient reference to all those who have occasion to refer to it.
Needless to say, it is not the plan of this book to plead the case of the national banks, as differentiated from other types, nor to assume to speak for any particular system of national finance. All of the various types of banks that exist in the United States—national, state, and private— are not only valuable but absolutely essential in a financial structure as complex as ours of today.
But as the largest national bank in the country, as a member of the National Banking System for more than half a century, The National City Bank of New York accepts with pleasure the opportunity to give both to other banks and to individuals, specific, useful and reliable information regarding various phases of national banking.
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HARDLY a day passes but that The National City Bank of New York is called upon to furnish definite information regarding some phase of national banking in the United States. The Bank's first publication covering this subject appeared sixteen years ago under the title National Bank Organization, a volume in which was brought together information of particular value to those interested in the organization of a national bank. The book was a welcome contribution in the general field of banking literature, and the demand for it was greater than could be satisfied by two separate editions.
In 1912, therefore, the Bank published a third and revised edition under the title National Banks of the United States. A considerable quantity of new material was introduced in this later book; not only was the subject of bank organization carefully covered, but an analysis of the national banking law was given, and a supplement including specimens of practically all the forms that national banks must use, was included.
National Banks of the United States received a wide distribution not only among those who were interested in organizing new banks, but likewise among the executives of existing banks. The book has been obsolete in many respects since the Federal Reserve Act became operative, and The National City Bank of New York has deferred issuing a later edition until it seemed that circumstances governing the operation of the Federal Reserve Act had come, more or less, into a position of stability. It appears that such a time has now been reached and that whatever analysis is made of national banking at this time will be of some permanent value.
The purpose of the present volume is to give a picture and an interpretation of national banking in the United States under the Federal Reserve System. As a background for this extraordinarily important subject, there has been included in the earlier pages of the book, a brief history of national banking since the passage of the National Bank Act in 1863, with particular emphasis being laid on the growth of the system. The technical details of organizing a national bank are set forth; an analysis of both the Federal Reserve Act and the National Bank Act so far as they affect the management, supervision and general business practices of the national banks of the United States, is given. The Reserve Act itself is reprinted and carefully indexed so that it may be of convenient reference to all those who have occasion to refer to it.
Needless to say, it is not the plan of this book to plead the case of the national banks, as differentiated from other types, nor to assume to speak for any particular system of national finance. All of the various types of banks that exist in the United States—national, state, and private— are not only valuable but absolutely essential in a financial structure as complex as ours of today.
But as the largest national bank in the country, as a member of the National Banking System for more than half a century, The National City Bank of New York accepts with pleasure the opportunity to give both to other banks and to individuals, specific, useful and reliable information regarding various phases of national banking.
National banking under the Federal Reserve System
• The book has been proof-read and corrected for spelling and grammatical errors
HARDLY a day passes but that The National City Bank of New York is called upon to furnish definite information regarding some phase of national banking in the United States. The Bank's first publication covering this subject appeared sixteen years ago under the title National Bank Organization, a volume in which was brought together information of particular value to those interested in the organization of a national bank. The book was a welcome contribution in the general field of banking literature, and the demand for it was greater than could be satisfied by two separate editions.
In 1912, therefore, the Bank published a third and revised edition under the title National Banks of the United States. A considerable quantity of new material was introduced in this later book; not only was the subject of bank organization carefully covered, but an analysis of the national banking law was given, and a supplement including specimens of practically all the forms that national banks must use, was included.
National Banks of the United States received a wide distribution not only among those who were interested in organizing new banks, but likewise among the executives of existing banks. The book has been obsolete in many respects since the Federal Reserve Act became operative, and The National City Bank of New York has deferred issuing a later edition until it seemed that circumstances governing the operation of the Federal Reserve Act had come, more or less, into a position of stability. It appears that such a time has now been reached and that whatever analysis is made of national banking at this time will be of some permanent value.
The purpose of the present volume is to give a picture and an interpretation of national banking in the United States under the Federal Reserve System. As a background for this extraordinarily important subject, there has been included in the earlier pages of the book, a brief history of national banking since the passage of the National Bank Act in 1863, with particular emphasis being laid on the growth of the system. The technical details of organizing a national bank are set forth; an analysis of both the Federal Reserve Act and the National Bank Act so far as they affect the management, supervision and general business practices of the national banks of the United States, is given. The Reserve Act itself is reprinted and carefully indexed so that it may be of convenient reference to all those who have occasion to refer to it.
Needless to say, it is not the plan of this book to plead the case of the national banks, as differentiated from other types, nor to assume to speak for any particular system of national finance. All of the various types of banks that exist in the United States—national, state, and private— are not only valuable but absolutely essential in a financial structure as complex as ours of today.
But as the largest national bank in the country, as a member of the National Banking System for more than half a century, The National City Bank of New York accepts with pleasure the opportunity to give both to other banks and to individuals, specific, useful and reliable information regarding various phases of national banking.
HARDLY a day passes but that The National City Bank of New York is called upon to furnish definite information regarding some phase of national banking in the United States. The Bank's first publication covering this subject appeared sixteen years ago under the title National Bank Organization, a volume in which was brought together information of particular value to those interested in the organization of a national bank. The book was a welcome contribution in the general field of banking literature, and the demand for it was greater than could be satisfied by two separate editions.
In 1912, therefore, the Bank published a third and revised edition under the title National Banks of the United States. A considerable quantity of new material was introduced in this later book; not only was the subject of bank organization carefully covered, but an analysis of the national banking law was given, and a supplement including specimens of practically all the forms that national banks must use, was included.
National Banks of the United States received a wide distribution not only among those who were interested in organizing new banks, but likewise among the executives of existing banks. The book has been obsolete in many respects since the Federal Reserve Act became operative, and The National City Bank of New York has deferred issuing a later edition until it seemed that circumstances governing the operation of the Federal Reserve Act had come, more or less, into a position of stability. It appears that such a time has now been reached and that whatever analysis is made of national banking at this time will be of some permanent value.
The purpose of the present volume is to give a picture and an interpretation of national banking in the United States under the Federal Reserve System. As a background for this extraordinarily important subject, there has been included in the earlier pages of the book, a brief history of national banking since the passage of the National Bank Act in 1863, with particular emphasis being laid on the growth of the system. The technical details of organizing a national bank are set forth; an analysis of both the Federal Reserve Act and the National Bank Act so far as they affect the management, supervision and general business practices of the national banks of the United States, is given. The Reserve Act itself is reprinted and carefully indexed so that it may be of convenient reference to all those who have occasion to refer to it.
Needless to say, it is not the plan of this book to plead the case of the national banks, as differentiated from other types, nor to assume to speak for any particular system of national finance. All of the various types of banks that exist in the United States—national, state, and private— are not only valuable but absolutely essential in a financial structure as complex as ours of today.
But as the largest national bank in the country, as a member of the National Banking System for more than half a century, The National City Bank of New York accepts with pleasure the opportunity to give both to other banks and to individuals, specific, useful and reliable information regarding various phases of national banking.
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National banking under the Federal Reserve System
National banking under the Federal Reserve System
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Product Details
| BN ID: | 2940014804301 |
|---|---|
| Publisher: | Unforgotten Classics |
| Publication date: | 08/21/2012 |
| Sold by: | Barnes & Noble |
| Format: | eBook |
| File size: | 446 KB |
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