Chapters in this book

1. Frontmatter I
2. Preface V
3. Contents IX
4. Tables XIII
5. Charts XXV
6. Part I: A Crisis in American Banking
7. I. The Collapse of American Banking 3
8. II. Temporary Remedies 21
9. III. Basis of Banking 30
10. IV. Banking Reform and Banking Legislation 42
11. V. The Glass Bill 62
12. VI. The Banking Act of 1933 84
13. VII. The Future 103
14. Part II: Structure
15. VIII. Present Position of the Banking System of the United States 121
16. IX. Process by which Present Conditions Have Developed 158
17. X. Commercial, Investment, and Other Types of Banking 176
18. XI. Development of Fiduciary Banking 206
19. XII. Savings Banking 243
20. XIII. Bank Failures 297
21. XIV. Geographical Distribution of Banking Facilities in the United States in 1933 317
22. Part III: Control
23. XV. Bank Mergers and Consolidations 351
24. XVI. Chain and Group Banking 373
25. XVI. Branch Banking 394
26. XVIII. The Affiliate System 425
27. XIX. Reserves 444
28. XX. Public Deposits 467
29. XXI. Bank Examinations 490
30. Part IV: Bank Portfolios
31. XXII. Bank Portfolios and Bank Operations 517
32. XXIII. Investment Operations of Commercial Banks 535
33. XXIV. The Balance Sheet Situation 548
34. XXV. Banks and Real-Estate Loans 610
35. XXVI. Banks and the Securities Market 634
36. Part V: Central Banking
37. XXVIII. Origin and Purpose of the Reserve Banking System 655
38. XXIX. Later Variations and Amendments 674
39. XXX. Discount Policy 690 BY CAROLINE WHITNEY 690
40. XXXI. The Bankers’ Acceptance Market 725
41. XXXII. Open-Market Operations 737
42. XXXIII. Open-Market Policy of the Federal Reserve in 1932 763
43. Part VI: Public Finance and Banking
44. XXXIV. The Debt Situation-Background 785
45. XXXV. Public Debt as a Bank Asset 829
46. XXXVI. Public Debt as the Basis for Federal Reserve Bank Credit 868
47. XXXVII. Public Debt and Note Currency 891
48. Some Conclusions 909
49. Index 915