The First And Second Banks Of The United States

By John Thom Holdsworth

Book Overview

The First and Second Banks of the United States is a historical book written by John T. Holdsworth in 1910. The book provides a comprehensive account of the establishment and operation of the first two banks in the United States. The author explores the political and economic factors that led to the creation of these banks, their impact on the nation's financial system, and the controversies and challenges they faced during their existence.The book begins by discussing the economic climate of the United States in the late 18th century and the need for a centralized banking system. Holdsworth then delves into the creation of the First Bank of the United States in 1791, its role in stabilizing the economy, and its eventual demise due to political opposition.The author then turns his attention to the Second Bank of the United States, which was established in 1816. Holdsworth examines the bank's operations, including its role in financing the nation's growth and development, as well as its conflicts with state banks and political opponents.Throughout the book, Holdsworth provides detailed accounts of the major events, controversies, and personalities involved in the establishment and operation of the first two banks of the United States. He also provides valuable insights into the broader economic and political context in which these banks operated.Overall, The First and Second Banks of the United States is an essential read for anyone interested in the history of American finance and banking. The book is well-researched, informative, and provides a fascinating glimpse into the early days of the nation's financial system.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

• Format: Paperback
• Language: English
• ISBN: 1164067656
• ISBN13: 9781164067658
• Release Date: September 2010
• Publisher: Kessinger Publishing
• Length: 316 Pages
• Weight: 0.93 lbs.
• Dimensions: 0.7" x 6.0" x 9.0"