Date of Award


Document Type


Degree Name

Master of Arts

Degree Discipline



The purpose of this study is to set forth some of the fundamental principles of the American Banking System in their relationship to the changing progress of other American businesses.

In this study an attempt has been made to organize the materials at hand in such a manner as to give the reader a clear understanding of how the system is set up, how it is organized, and how it is controlled. Stress has been placed chiefly on what is termed the Federal Reserve System and its function in the American economy.

The problems, including questions to which answers must be sought were as follows: 1. What influence did banks in England have upon the Central Banking System of America? 2. How did the State Bank Growth in the United States after 1816 renovate the American Banking System after the failure of the First and Second Banks of the United States? 3. What were the conditions existing under the State Bank era that led Congress to enact the National Bank Act in 1863? 4. What were the existing conditions under the National Banking System that gave rise to the Federal Reserve System? 5. How did the operation of the Federal Reserve System become a lesson in Money Management?

Committee Chair/Advisor

J. L. Brown


Prairie View A&M College


© 2021 Prairie View A & M University

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Date of Digitization


Contributing Institution

John B Coleman Library

City of Publication

Prairie View





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