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
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“In the history of the human mind, these glowing and ruddy fables precede the noonday thoughts of men, as Aurora the suns rays. The matutine intellect of the poet, keeping in advance of the glare of philosophy, always dwells in this auroral atmosphere.”
—Henry David Thoreau (18171862)
“And hereby hangs a moral highly applicable to our own trustee-ridden universities, if to nothing else. If we really wanted liberty of speech and thought, we could probably get itSpain fifty years ago certainly had a longer tradition of despotism than has the United Statesbut do we want it? In these years we will see.”
—John Dos Passos (18961970)
“History takes time.... History makes memory.”
—Gertrude Stein (18741946)
“For us necessity is not as of old an image without us, with whom we can do warfare; it is a magic web woven through and through us, like that magnetic system of which modern science speaks, penetrating us with a network subtler than our subtlest nerves, yet bearing in it the central forces of the world.”
—Walter Pater (18391894)
“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 (18571930)
“We can beat all Europe with United States soldiers. Give me a thousand Tennesseans, and Ill whip any other thousand men on the globe!”
—Andrew Jackson (17671845)
“I asked myself, Is it going to prevent me from getting out of here? Is there a risk of death attached to it? Is it permanently disabling? Is it permanently disfiguring? Lastly, is it excruciating? If it doesnt fit one of those five categories, then it isnt important.”
—Rhonda Cornum, United States Army Major. As quoted in Newsweek magazine, Perspectives page (July 13, 1992)