Excerpt From The Rise Of Commercial Banking Institutions In The United StatesThe Early Settlements In America, Like All New Agricultural Communities, Were Deficient In Capital The Colonists Knew That They Required Something For The Development Of Their Trade And Natural Resources Which They Did Not Possess, But Their Attempts To Supply This Deficiency Show That They Did Not Clearly Understand Their Need Their Need Was Capital, But They Fell Into The Error Common.to Persons Possessing Land In A New Country They Thought What They Needed Was Merely Money, And Accordingly, Instead Of Establishing Agencies Which Might Have Enabled Them To Make The Best And Most Systematic Use Of The Limited Capital And Credit Which They Did Possess, They Resorted To What Seemed To Them A Much Easier Course, The Issue Of Paper Money.About The PublisherForgotten Books Publishes Hundreds Of Thousands Of Rare And Classic Books Find At Www.forgottenbooks.comThis Book Is A Reproduction Of An Important Historical Work Forgotten Books Uses State Of The Art Technology To Digitally Reconstruct The Work, Preserving The Original Format Whilst Repairing Imperfections Present In The Aged Copy In Rare Cases, An Imperfection In The Original, Such As A Blemish Or Missing Page, May Be Replicated In Our Edition We Do, However, Repair The Vast Majority Of Imperfections Successfully Any Imperfections That Remain Are Intentionally Left To Preserve The State Of Such Historical Works.
- 76 pages
- The Rise of Commercial Banking Institutions in the United States
- Adolph Oscar Eliason
- 21 December 2017 Adolph Oscar Eliason