The ABC of the Federal Reserve System : why the Federal Reserve System was called into being, the main features of its organization, and how it works by Kemmerer, Edwin Walter, 1875-1945 instant download

The ABC of the Federal Reserve System : why the Federal Reserve System was called into being, the main features of its organization, and how it works by Kemmerer, Edwin Walter, 1875-1945 instant download

xii, 286 pages : 24 cm, Reprint of 10th ed. Princeton, NJ : Princeton University Press, 1936, Includes bibliographical references and index, Purpose and plan of book -- Inelasticity of American bank credit prior to the Ferderal Reserve System -- Defective exchange and transfer system -- Defective banking machinery for federal govenrment -- How the Federal Reserve System has remedied the old evil of the decentralization of American banking -- Credit elasticity under the Federal Reserve System -- Domestic and foreign exchange under the Federal Reserve System -- The Federal Reserve System and the Federal Treasury -- The Federal Reserve System from the end of the war to the break-down of the gold standard in England -- The reorganization of the Federal Reserve System during the early years of the world economic depression -- Further drastic banking and currency legislation -- The Banking Act of 1935 and the problem of excess reserves -- The present status of the Federal Reserve System