Download or read book Reconstructing the National Bank Controversy written by Eric Lomazoff and published by University of Chicago Press. This book was released on 2018-11-07 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bank of the United States sparked several rounds of intense debate over the meaning of the Constitution’s Necessary and Proper Clause, which authorizes the federal government to make laws that are “necessary” for exercising its other powers. Our standard account of the national bank controversy, however, is incomplete. The controversy was much more dynamic than a two-sided debate over a single constitutional provision and was shaped as much by politics as by law. With Reconstructing the National Bank Controversy, Eric Lomazoff offers a far more robust account of the constitutional politics of national banking between 1791 and 1832. During that time, three forces—changes within the Bank itself, growing tension over federal power within the Republican coalition, and the endurance of monetary turmoil beyond the War of 1812 —drove the development of our first major debate over the scope of federal power at least as much as the formal dimensions of the Constitution or the absence of a shared legal definition for the word “necessary.” These three forces—sometimes alone, sometimes in combination—repeatedly reshaped the terms on which the Bank’s constitutionality was contested. Lomazoff documents how these three dimensions of the polity changed over time and traces the manner in which they periodically led federal officials to adjust their claims about the Bank’s constitutionality. This includes the emergence of the Coinage Clause—which gives Congress power to “coin money, regulate the value thereof”—as a novel justification for the institution. He concludes the book by explaining why a more robust account of the national bank controversy can help us understand the constitutional basis for modern American monetary politics.
Download or read book The Failure of the Franklin National Bank written by Joan Edelman Spero and published by Beard Books. This book was released on 1999 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On the Constitutionality of a National Bank written by Alexander Hamilton and published by Coventry House Publishing. This book was released on 2016-12-10 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1791, The First Bank of the United States was a financial innovation proposed and supported by Alexander Hamilton, the first Secretary of the Treasury. Establishment of the bank was part of a three-part expansion of federal fiscal and monetary power, along with a federal mint and excise taxes. Hamilton believed that a national bank was necessary to stabilize and improve the nation's credit, and to improve financial order, clarity, and precedence of the United States government under the newly enacted Constitution. Alexander Hamilton (1755-1804) was a founding father of the United States, one of the most influential interpreters and promoters of the Constitution, the founder of the American financial system, and the founder of the Federalist Party. As the first Secretary of the Treasury, Hamilton was the primary author of the economic policies for George Washington’s administration. Hamilton took the lead in the funding of the states’ debts by the federal government, the establishment of a national bank, and forming friendly trade relations with Britain. He led the Federalist Party, created largely in support of his views; he was opposed by the Democratic Republican Party, led by Thomas Jefferson and James Madison, which despised Britain and feared that Hamilton’s policies of a strong central government would weaken the American commitment to Republicanism.
Download or read book Regulation and Instability in U S Commercial Banking written by Jill M. Hendrickson and published by Springer. This book was released on 2015-12-04 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.
Download or read book Legal Foundations in Banking written by American Bankers Association and published by . This book was released on 2018 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bankers Magazine and State Financial Register written by and published by . This book was released on 1901 with total page 1236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The National Banking Review written by and published by . This book was released on 1966 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Louis Sullivan s Merchants National Bank written by Bill Menner and published by Pomegranate Communications. This book was released on 2007 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Louis H. Sullivan (1856?1924) was a prominent practitioner in the Chicago school of architecture. Recognized as the ?father of the American skyscraper, ? Sullivan believed that ornamentation should arise naturally (or ?organically, ? as Frank Lloyd Wright, who worked for and revered Sullivan, would later say) from the larger design. After creating a number of high-profile big-city structures, Sullivan turned his skills toward small midwestern towns, where he designed several ?jewel box? banks, so called for their compact size, simplicity, and use of stained-glass windows. One of these, Merchants National Bank in Grinnell, Iowa, serves as a shining example of the organic ornamentation characterizing Sullivan's exquisite and functional style.
Download or read book 13 Bankers written by Simon Johnson and published by Vintage. This book was released on 2010-03-30 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with additional analysis of the government’s recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.
Download or read book Plan for the Establishment of a National Bank written by David Ricardo and published by . This book was released on 1824 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Operation of the National and Federal Reserve Banking Systems written by United States. Congress. Senate. Committee on Banking and Currency and published by . This book was released on 1931 with total page 1114 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Law of National Banks Containing the National Bank Act as Amended with Forms of Procedure and Notes Referring to All Decisions Reported to November 1 1880 written by Farlin Quigley Ball and published by BoD – Books on Demand. This book was released on 2024-04-25 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reprint of the original, first published in 1881.
Download or read book The Bankers New Clothes written by Anat Admati and published by Princeton University Press. This book was released on 2024-01-09 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the Year Why our banking system is broken—and what we must do to fix it New bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis—and that we’d never again have to choose between massive bailouts and financial havoc. The Bankers’ New Clothes uncovers just how little things have changed—and why banks are still so dangerous. Writing in clear language that anyone can understand, Anat Admati and Martin Hellwig debunk the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and they explain how the banking system can be made safer and healthier. Thoroughly updated for a world where bank failures have made a dramatic return, this acclaimed and important book now features a new preface and four new chapters that expose the shortcomings of current policies and reveal how the dominance of banking even presents dangers to the rule of law and democracy itself.
Download or read book Consolidation of National Banking Associations written by United States. Congress. Senate. Committee on Banking and Currency and published by . This book was released on 1926 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The National Consumer Cooperative Bank written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance and published by . This book was released on 1983 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Coast Banker written by and published by . This book was released on 1921 with total page 984 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book National Banking Review written by and published by . This book was released on 1963 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:
