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Social and Behavioral Sciences Commons

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Economics

University of Richmond

Master's Theses

Federal Reserve banks

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Current Proposals For Changes In Reserve Requirements Of Commercial Banks In The United States, William Byrd Harrison Apr 1964

Current Proposals For Changes In Reserve Requirements Of Commercial Banks In The United States, William Byrd Harrison

Master's Theses

The well-being of a nation is dependent in large part upon the state of its money. Bank reserve positions have a great deal to do with the state of our money. An impressive volume of study and evidence has been brought forth in just the past few years to indicate that United States laws which establish the rules under which financial institutions operate need revising. Other, more readily understood topics, however, however claimed the attention of the public and its representatives in Congress. Little has been done to remedy serious shortcomings in banking laws.

This paper examines briefly these studies …