Parallel Banking System

Famous quotes containing the words parallel, banking and/or system:

“There isn’t a Parallel of Latitude but thinks it would have been the Equator if it had had its rights.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)

“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)

“Some rough political choices lie ahead. Should affirmative action be retained? Should preference be given to people on the basis of income rather than race? Should the system be—and can it be—scrapped altogether?”
—David K. Shipler (b. 1942)