Our Defective American Banking System (1909)

""Our Defective American Banking System"" is a book written by Frederick William Gookin in 1909. The book is a critical analysis of the banking system in the United States at the time, highlighting its flaws and shortcomings. Gookin argues that the system is plagued by corruption, inefficiency, and lack of transparency, which ultimately harms the economy and the public. He also suggests various reforms that could be implemented to improve the system, such as creating a central bank and regulating the issuance of bank notes. Overall, the book provides a fascinating insight into the state of American banking in the early 20th century and offers valuable lessons for understanding the history of finance and economics in the United States.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.