Author: Neil Roy KnightPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages :
Book Description
History of Banking in Washington ...
Author: Neil Roy KnightPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages :
Book Description
Chapters on the Theory and History of Banking
Author: Charles F. DunbarPublisher: Createspace Independent Publishing Platform
ISBN: 9781495293719
Category : Business & Economics
Languages : en
Pages : 206
Book Description
An excerpt from a review in The Economic Review, Volume 11: THE late Professor Dunbar was engaged for some time before his death, in January of last year, in the preparation of a second edition of his valuable manual on banking. It was, unfortunately, left unfinished. The work, however, has been very satisfactorily carried out by Mr. Sprague. The book has been considerably enlarged, and its statistical information has been brought thoroughly up to date. Professor Dunbar's little manual is undoubtedly the best source to which any student of the subject can repair, who is not prepared to wade through the larger and more elaborate books on the subject; and, indeed, even those who have studied the works of Mr. McLeod and Mr. Gilbart will find their knowledge both supplemented and corrected on many important points by the study of this book of Mr. Dunbar. The first seven chapters are devoted to the discussion and elucidation of the general principles of the subject, the last four to a sketch of the constitution and history of five of the great banks or banking systems of the world-the Bank of Amsterdam, the Bank of France, the National Banks of the United States, the Bank of England, and the Reichsbank of Germany. In dealing with the general principles of the subject, Professor Dunbar does not make the mistake made by so many financial writers of assuming on the part of his readers a comprehension of matters which certainly no one can comprehend unexplained, but which bankers and accountants understand after a fashion, or, at any rate, seem to understand from the sheer force of habit. Why, for instance, should the capital and the undivided profits of a bank be reckoned among its liabilities? In ordinary parlance they seem, on the contrary, to be absolutely synonymous with the resources which it possesses to meet every conceivable liability. Professor Dunbar explains that they are liabilities of an entirely different character from deposits and notes outstanding. Some further explanation, however, might, with advantage, have been given of the causes which have led to a classification that appears at first sight so puzzling. It arose, no doubt, out of the same exigencies which gave birth to the whole system of book-keeping by double entry. If a farmer, say, wishes to know not only what his total profits or losses for the year amount to, but also what they are separately from his sheep, his cattle, and his grain crops, his only, or at any rate his most convenient method of ascertaining this is to create fictitious personages under the names of "sheep," "cattle," and "grain crops," and to debit these personages with the capital laid out in their several departments, and to credit them with the returns from it. It is thus comprehensible enough how the capital and undivided profits of a joint stock bank come to be looked on as the sum of its liabilities to those who have combined their resources for its establishment; and, as regards a private bank into which one individual may be supposed to have put all his resources, he must, for the purposes of book-keeping, regard himself in a double light, as at once his own debtor and his own creditor. Banking is so wide and so varied a subject that it is, of course, impossible to do more than touch upon one or two of the matters dealt with in a book like the present. The explanation of the manner in which the clearing-house certificates were used in New York to allay panic in 1860 and 1884, and, with somewhat less success, in 1873, will be one of the most interesting features of the book to English readers, to whom, for the most part, these certificates have been something of a mystery. Ch. vii. deals with the matter in a lucid manner....
Early History of WA Banking
Author: Arthur CramondPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 26
Book Description
A History of Banking in All the Leading Nations
Author: Nonfiction Reading Comprehension, Grades 5 - 6
Author: Schyrlet CameronPublisher: Mark Twain Media
ISBN: 1580376150
Category : Juvenile Nonfiction
Languages : en
Pages : 67
Book Description
This book provides students in grade 5?6 with practice in reading nonfiction selections and testing for comprehension with reading selections in science, history, geography, economics, and informational text.
History Of Crises Under The National Banking System
Author: O. M. SpraguePublisher: Legare Street Press
ISBN: 9781015492967
Category : Business & Economics
Languages : en
Pages : 0
Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
History of Washington and Kent Counties
Author: J. R. ColePublisher:
ISBN:
Category : Kent County (R.I.)
Languages : en
Pages : 1056
Book Description
Congressional Record
Author: United States. CongressPublisher:
ISBN:
Category : Law
Languages : en
Pages : 1438
Book Description
The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
The South in the Building of the Nation: Economic history, 1865-1909, ed. by J. C. Ballagh
Author: Julian Alvin Carroll ChandlerPublisher:
ISBN:
Category : American literature
Languages : en
Pages : 758
Book Description
Genealogy of American Finance
Author: Robert E. WrightPublisher: Columbia University Press
ISBN: 0231539215
Category : Business & Economics
Languages : en
Pages : 337
Book Description
In this unique, well-illustrated book, readers learn how fifty financial corporations came to dominate the U.S. banking system and their impact on the nation's political, social, and economic growth. A story that spans more than two centuries of war, crisis, and opportunity, this account reminds readers that American banking was never a fixed enterprise but has evolved in tandem with the country. More than 225 years have passed since Alexander Hamilton created one of the nation's first commercial banks. Over time, these institutions have changed hands, names, and locations, reflecting a wave of mergers, acquisitions, and other restructuring efforts that echo changes in American finance. Some names, such as Bank of America and Wells Fargo, will be familiar to readers. The origins of others, including Zions Bancorporation, founded by Brigham Young and owned by the Mormon Church until 1960, are surprising. Exploring why some banks failed and others thrived, this book wonders, in light of the 2008 financial crisis, whether recent consolidations have reached or even exceeded economically rational limits. A key text for navigating the complex terrain of American finance, this volume draws a fascinating family tree for projecting the financial future of a nation.