History of Central Banking in The United States

This article is about the history of central banking in the United States, from the 1790s to the present.

Read more about History Of Central Banking In The United States:  1837–1862: "Free Banking" Era, 1863–1913: National Banks, The Federal Reserve

Famous quotes containing the words history of, united states, history, central, banking, united and/or states:

    We know only a single science, the science of history. One can look at history from two sides and divide it into the history of nature and the history of men. However, the two sides are not to be divided off; as long as men exist the history of nature and the history of men are mutually conditioned.
    Karl Marx (1818–1883)

    Falling in love with a United States Senator is a splendid ordeal. One is nestled snugly into the bosom of power but also placed squarely in the hazardous path of exposure.
    Barbara Howar (b. 1934)

    You that would judge me do not judge alone
    This book or that, come to this hallowed place
    Where my friends’ portraits hang and look thereon;
    Ireland’s history in their lineaments trace;
    Think where man’s glory most begins and ends
    And say my glory was I had such friends.
    William Butler Yeats (1865–1939)

    The best laws cannot make a constitution work in spite of morals; morals can turn the worst laws to advantage. That is a commonplace truth, but one to which my studies are always bringing me back. It is the central point in my conception. I see it at the end of all my reflections.
    Alexis de Tocqueville (1805–1859)

    One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.
    William Howard Taft (1857–1930)

    ... the yearly expenses of the existing religious system ... exceed in these United States twenty millions of dollars. Twenty millions! For teaching what? Things unseen and causes unknown!... Twenty millions would more than suffice to make us wise; and alas! do they not more than suffice to make us foolish?
    Frances Wright (1795–1852)

    Mr. Christian, it is about time for many people to begin to come to the White House to discuss different phases of the coal strike. When anybody comes, if his special problem concerns the state, refer him to the governor of Pennsylvania. If his problem has a national phase, refer him to the United States Coal Commission. In no event bring him to me.
    Calvin Coolidge (1872–1933)