Publisher's Synopsis
The Clearing House System is a book written by Dudley Perkins Bailey in 1890. It provides a comprehensive overview of the clearing house system, which is a financial mechanism used by banks to settle transactions between themselves. The book covers the history of the clearing house system, its development in the United States, and its role in the banking industry. It also explains the mechanics of the system, including the use of clearing house certificates and the process of settling balances between banks. The Clearing House System is a valuable resource for anyone interested in the history of banking and finance, as well as those who want to understand the workings of the modern financial system.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
