Banking
Classes of banks Operations of a commercial bank The bank statement Loans and discounts Establishing bank credit Bank notes Deposits and checks The clearing house Bank organization and administration Banks and the government American banking before the Civil War Banking in Europe Canadian banking system The National banking system Banking reform in the United States The Federal Reserve system State banks and trust companies
Business concerns deal in bank credit every day. They have on deposit large amounts of their capital. They rely upon their banks' stability. And yet how few can read a bank statement with real insight and judgment.
The fundamental principles underlying all banking operations are presented under this heading. The nature of money and its relation to credit and capital are described, and the conditions which lead to a general rise or fall of prices are set forth.
The important banking and monetary experiences of the United States are reviewed and full descriptions of the banking systems of the United States, Canada, England, France and Germany are given.
In connection with banking, the source of the banker's lending power and its relation to cash on hand are indicated, as well as the distinction between the bank note and the bank deposit, and the factors controlling the rate of discount.
Banking practice is in large part a study of the banking laws and customs prevalent in the United States, including those governing Federal Reserve Banks, State banks and trust companies.
The subject is fully discussed in this part of the Course, as are also the technical aspects of banking in all details.