Banking: Modern Business Series (Paperback) (ISBN-13: 9781025293509)

"Banking" is an authoritative and comprehensive examination of the principles and operational practices of the financial industry during a formative era of American commerce. As a key installment in the "Modern Business Series," this work provides a rigorous foundation in the mechanisms of banking institutions, exploring their vital role in supporting industry and individual enterprise.

The text delves into the core functions of commercial banking, the management of deposits, and the various types of loans and investments that facilitate economic growth. It offers detailed insights into the complexities of international exchange and the fundamental principles of credit that underpin modern trade. Furthermore, the volume provides a thorough analysis of the Federal Reserve System and its impact on the national economy. Written by experts Frederick Russell and Frederick H. Hurdman, "Banking" serves as both a practical manual for the business professional and an essential historical document for understanding the evolution of modern financial theory. Through its clear explanation of fiscal standards and banking operations, the work highlights the essential relationship between sound banking practices and the stability of the broader business world.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.

This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.

As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.