Excerpt from Practical Banking With a Survey of the Federal Reserve Act

IN putting this volume before the public, the writer has in mind at least two purposes which he hopes to fulfill: (1) to draw with certain accuracy of detail a plan of the structure the mechan ism of the modern bank in America, (2) to reduce all this to untechnical language and yet include sufficient of exact financial information to enable the layman who is interested in the general methods of banking to grasp the subject substantially without laborious and endless effort.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.