Banking

In the economy of nations the encouragement and promotion of saving and the accumulation, distribution, and investment of capital are as essential as the conduct of exchanges, b...

The commercial banking system of the United States consists of several elements which have been contributed at different periods in our history. The most important of these are...

The conduct of commercial banking presents problems both to the bankers and to the public, the methods of solution of which will be given attention at this point. The problems c...

In the preceding chapter commercial banking has been defined as the conduct of exchanges by means of a world-wide process of bookkeeping. We must now describe this process. Its...

In contrast with that of the United States, the characteristic features of the commercial banking systems of Europe are the central bank performing important functions for all o...

Besides the Imperial Bank there are in Germany eight very large and powerful banking institutions and a considerable number of smaller and less powerful ones. The eight great on...

The terms, "bank" and "banking," are applied to institutions and to businesses which differ considerably in character, functions, and methods, but which nevertheless have certai...

three months, upon movable security (lombard, or deposit loan business), such as: gold and silver, coined or uncoined; interest-bearing or non-transferable bonds maturing within...

1. The Supply of Cash, 35 2. The Selection of Loans and Discounts, 40 3. Rates, 44 4. Protection against Unsound Practices, 46 (a) Capital and Surplus Requirements and Double Li...

1. State Banks, 68 2. National Banks, 70 3. The Independent Treasury System, 75 4. The Interrelations of These Institutions, 78 5. Operation of the System, 82 (a) Conflict of Fu...

1. Saving and Savings Institutions, 136 2. Trust Companies, 141 3. Bond Houses and Investment Companies, 144 4. Land Banks, 147 5. Stock Exchanges, 163 6. Some Defects in Our In...

1. Commercial Paper, 11 2. The Operation of Discount, 13 3. The Conduct of Checking Accounts, 15 4. The Issue of Notes, 19 5. Collections, 22 6. Domestic Exchange, 25 7. Foreign...