The Origin Of The National Banking System; History Of The National Bank Currency; History Of Crises Under The National Banking System (1911)

The book ""The Origin of the National Banking System; History of the National Bank Currency; History of Crises under the National Banking System"" by Andrew McFarland Davis was published in 1911. The book provides a comprehensive historical account of the National Banking System in the United States, from its origins to the crises that occurred under the system.The author begins by discussing the origins of the National Banking System, which was established in 1863 during the Civil War. Davis explains the reasons behind the creation of the system and how it was designed to provide a stable currency and banking system for the country.The book then delves into the history of the National Bank Currency, which was the primary form of currency issued by the National Banks. Davis explains how the currency was created, how it was backed by government securities, and how it was used in the economy.The final section of the book focuses on the history of crises under the National Banking System. Davis examines the major financial crises that occurred during the system's existence, including the Panic of 1873, the Panic of 1893, and the Panic of 1907. He discusses the causes of these crises and how they were addressed by the government and the banking system.Overall, ""The Origin of the National Banking System; History of the National Bank Currency; History of Crises under the National Banking System"" provides a detailed and informative account of the National Banking System in the United States. It is a valuable resource for anyone interested in the history of banking and finance in the United States.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.