Outlines the state and national banking eras, the period between
the end of the second Bank of the United States (1836) and the
founding of the Federal Reserve (1913). Outlines the origins and
operations of the first Bank of the United States, the nation’s
first attempt at central banking. Outlines the origins and
operations of the second Bank of the United States, the nation’s
second attempt at central banking. Learn more about the FOMC and
the inner workings of the Federal Reserve’s monetary
policymaking body. Tells readers about Benjamin Franklin’s role
in the debate about devising a system of paper money in the
colonies and his monetary philosophy. Based on a lecture
presented at the Federal Reserve Bank of Philadelphia by
Professor Farley Grubb of the University of Delaware. Co-
sponsored by The Library Company of Philadelphia. Describes the
history of central banking in the United States from 1791
through deregulation. Discusses how to qualify for credit and
use it wisely. Provides information on economi