Banking (1914)

""Banking"" is a comprehensive book written by William Amasa Scott in 1914, which provides a detailed overview of the banking industry. The book covers the history of banking, the functions of banks, and the various types of banks, including commercial banks, savings banks, and central banks. It also explores the role of banks in the economy, including their impact on monetary policy, credit creation, and the financial system as a whole. The author discusses the principles of banking, such as the importance of liquidity, solvency, and profitability. He also examines the legal framework governing banks, including regulations and laws related to banking operations, such as the Federal Reserve Act. The book also explores the challenges faced by banks, such as competition, risk management, and financial crises. It provides insights into the strategies that banks can use to overcome these challenges and improve their performance. Overall, ""Banking"" is an informative and insightful book that provides a comprehensive overview of the banking industry. It is a valuable resource for students, professionals, and anyone interested in understanding the role of banks in the economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.