Reserve requirements serve as (1) a safeguard against a sudden and inordinate demand for withdrawals (as in a run on a bank), and (2) as a control mechanism for injecting cash (liquidity) into, or withdrawing it from, an economy.
Welcome to Taylorville.net, the homepage for the City of Taylorville, Illinois. Taylorville is a wonderful city in central Illinois- in the heart of Abraham Lincoln country- only thirty miles from Springfield. Taylorville is a great place to visit whether you are a cyber-visitor, a tourist, a potential resident or a prospective business or entrepreneur.
In 1814 the town of Taylorsville was admitted to record by the Spencer County Court. William Quantrill, the famous Confederate guerrilla raider, was killed by Union troops near the town in 1865, just before the end of the American Civil War.