The Establishment of the National Banking System

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Excerpt from The Establishment of the National Banking System: A Dissertation Submitted to the Faculty of the Graduate School of Arts and Literature for the Degree of Doctor of PhilosophyOn January 2, 1838, the Governor, in his annual message, said that there were certain objections to an unqualified repeal of the restraining-acts. These objections, however, would be removed if the bank-note issues were secured by a safety fund. He recommended that a free-banking act should be passed, so constructed that the interests of the public would be amply protected.11.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.