Publisher's Synopsis
The Evolution of Banking: A Study of the Development of the Credit System is a historical book written by Robert Harrison Howe in 1915. This book is an in-depth analysis of the evolution of banking and the credit system throughout history. The author explores the origins of banking in ancient times and traces its development through the Middle Ages, the Renaissance, and up to the early 20th century.Howe examines the various forms of credit that have been used throughout history, including the use of bills of exchange, promissory notes, and other financial instruments. He also discusses the role of banks in facilitating trade and commerce, and the impact of banking on the global economy.The book provides a detailed account of the growth of the banking industry, including the establishment of central banks, the development of modern banking practices, and the emergence of new financial instruments such as bonds and stocks. Howe also explores the impact of technological advancements on the banking industry, including the rise of electronic banking and the use of computers in financial transactions.Overall, The Evolution of Banking is a comprehensive study of the history of banking and the credit system. It provides valuable insights into the development of modern finance and the role that banks have played in shaping the global economy.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.
