The Federal Reserve Act (1914)

The Federal Reserve Act is a book written by Clarence Walker Barron that was first published in 1914. The book is a detailed account of the creation of the Federal Reserve System, which is the central banking system of the United States. The Federal Reserve Act was signed into law by President Woodrow Wilson on December 23, 1913, and it established the Federal Reserve as the country's central bank.The book provides a historical overview of the banking system in the United States prior to the creation of the Federal Reserve. It then goes on to detail the political and economic factors that led to the creation of the Federal Reserve System, including the Panic of 1907 and the need for a more stable banking system.The Federal Reserve Act also explains the structure and functions of the Federal Reserve System, including its role in regulating the money supply, setting interest rates, and providing financial services to banks and other financial institutions.Overall, The Federal Reserve Act is a comprehensive and informative book that provides a detailed account of the creation of the Federal Reserve System and its importance in the history of American finance.A Discussion Of The Principles And Operations Of The New Banking Act As Originally Published In The Wall Street Journal And The Boston News Bureau.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.