Origins of American Banking (History of Banking & Finance) [Hardcover]

John Chown (Editor)

Book Description

Publication Date: January 31, 1997 | ISBN-10: 0415144507 | ISBN-13: 978-0415144506 | Edition: 1

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.

Product Details

• Hardcover: 1800 pages
• Publisher: Routledge; 1 edition (January 31, 1997)
• Language: English
• ISBN-10: 0415144507
• ISBN-13: 978-0415144506
• Product Dimensions: 13.5 x 10 x 6.6 inches
• Shipping Weight: 11.2 pounds (View shipping rates and policies)
• Average Customer Review: 1.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #9,850,675 in Books (See Top 100 in Books)

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1.0 out of 5 stars A Family going down..., April 2, 2000

By A Customer

This review is from: Origins of American Banking (History of Banking & Finance) (Hardcover)

I am a Chown. There aren't many of us and I know this man to be a distant relative of mine... It is a little embaressing to have a book about finance written by a relative but I guess I should commend him in that he finished the damned thing... anyhow. That's my say...