The Origins of Commercial Banking in America, 1750-1800

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The book delves into the political and economic factors that shaped the development of commercial banking in America, offering a comprehensive analysis of its origins. It highlights the establishment and growth of banks in major cities like Philadelphia, New York, and Boston, alongside their influence in smaller towns serving rural communities. Robert E. Wright presents a detailed exploration that fills a significant gap in historical understanding since the last major study, providing insights into the evolution of America's banking system.