Publisher's Synopsis
Excerpt from The Banking System of Canada
No institution so closely connected with commerce as a banking system, however perfect it may be supposed to be at the time of its creation, and no matter how well it may answer its purposes in the beginning, can continue to serve properly the public interests in the ever-changing and developing stages of a growing country's trade, unless from time to time, as conditions change and new wants arise, the necessary changes are made in its constitution to enable it to meet properly the changed conditions.
An historical sketch of the banking systems of the various provinces which united to form the Dominion of Canada or which subsequently entered Confederation, and a comparison of thesesystems with the system now in force would be interesting, but I must confine myself to a short reference to the conditions as they existed in 1867, when the Parliament of Canada first legis lated on the subject, and to a short reference to the nature of that legislation and to subsequent legislation down to the Bank Act of 1890 and the Amendments of 1900, which now constitute the charters of all banks doing business in Canada.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
