The Banks Of New-York (Hardcover)

The Banks of New-York: Their Dealers, the Clearing House and the Panic of 1857 is a book written by J.S. Gibbons that provides a comprehensive account of the banking industry in New York during the mid-19th century. The book examines the role of banks and their dealers in the economy, as well as the workings of the Clearing House, which was established to facilitate the exchange of checks and balances between banks. The author also delves into the causes and consequences of the Panic of 1857, which was a financial crisis that shook the United States and had a significant impact on the banking industry in New York. The book provides a detailed analysis of the events leading up to the panic, the actions taken by the banks and the government in response, and the aftermath of the crisis.Overall, The Banks of New-York: Their Dealers, the Clearing House and the Panic of 1857 is a valuable resource for anyone interested in the history of banking and finance in the United States, as well as the economic and political factors that shape financial crises.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.