Origins of American Banking Multiple-component retail product
Edited by John Chown
Multiple-component retail product
Description
This set examines the development of banking in the United States in the first half of the nineteenth century.
When Congress first tried to introduce a unified currency to finance a national army it failed because of the large number of counterfeit notes in circulation.
Similarly two attempts to set up a central bank resulted in bankruptcy.
Even after the Mint was set up, the Federal government's theoretical monopoly over coinage did not stop states from using their charter to set up note issuing banks.
The resulting corruption and fraud let to experiments in regulation and a system of 'free banking'.
The material included examines such issues as the role of a central bank, banking regulation, banks and the money supply.
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Multiple-component retail product
- Pages:1800 pages
- Publisher:Taylor & Francis Ltd
- Publication Date:07/11/1996
- Category:
- ISBN:9780415144506
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Multiple-component retail product
- Pages:1800 pages
- Publisher:Taylor & Francis Ltd
- Publication Date:07/11/1996
- Category:
- ISBN:9780415144506