Federal Clearing Houses
Federal Clearing Houses
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In our eReader you can find the full English version of the book. Read Federal Clearing Houses Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Federal Clearing Houses
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A similar law in our country would do the same for us. While the possibility of a war is before us it 194 FEDERAL CLEARING HOUSES behooves our legislators to reform our banking system to make it strong enough to withstand the shock which a declaration of war would give. It would be folly to provide a navy of wooden ships, and therefore we build or buy only armored vessels. We make the thickness of the plates to correspond to the weight and power of modern pro- jectiles. We build forts with soli...d earthen em- bankments, so that nothing can throw them down. Old-fashioned wooden ships and brick forts may be compared to our present banking system. They would go down before the first attack, and the worst defeat of any war we might engage in would be when our commerce woidd be prostrated at the first assault on our banking system following the act of our own government in declaring war. The banking system is the only protection for all the property of our country, and the instant necessity for placing it on a war footing should be recog- nized by all business men.
What to read after Federal Clearing Houses?
You can find similar books in the "Read Also" column, or choose other free books by Theodore Gilman to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
A similar law in our country would do the same for us. While the possibility of a war is before us it 194 FEDERAL CLEARING HOUSES behooves our legislators to reform our banking system to make it strong enough to withstand the shock which a declaration of war would give. It would be folly to provide a navy of wooden ships, and therefore we build or buy only armored vessels. We make the thickness of the plates to correspond to the weight and power of modern pro- jectiles. We build forts with soli...d earthen em- bankments, so that nothing can throw them down. Old-fashioned wooden ships and brick forts may be compared to our present banking system. They would go down before the first attack, and the worst defeat of any war we might engage in would be when our commerce woidd be prostrated at the first assault on our banking system following the act of our own government in declaring war. The banking system is the only protection for all the property of our country, and the instant necessity for placing it on a war footing should be recog- nized by all business men.
What to read after Federal Clearing Houses?
You can find similar books in the "Read Also" column, or choose other free books by Theodore Gilman to read onlineMoreLess
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