Traces the history of the U.S. banking system, describing the banking problems of the 19th century and the legislation that led to the formation of the Federal Reserve System.

Complete Book (64 pages, 12.3 MB)

• Introduction (2 pages, 182KB)
• Chapter 1: Early Experiments in Central Banking (9 pages, 1.3 MB)
• Chapter 2: Financial Reform in the 20th Century (17 pages, 3.3 MB)
• Chapter 3: Making the System Work (25 pages, 6.7 MB)
• Footnotes, Bibliography (3 pages, 76KB)