Read Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for Savings (Classic Reprint)

Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for Savings (Classic Reprint)

Massachusetts Commissioner of Banks

4.9/5 (14180 ratings)

Description:Excerpt from Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for SavingsThe point of these observations is that in the banking world the tendency to ward federalized control has already reached substantial proportions. Some of these tendencies have been altogether wholesome but others, no doubt equally well intended, might embody serious danger to the state banking systems and to the people whom they serve. Only the most careful discrimination and the most unprejudiced approach can hope to preserve the best and reject the rest, especially when good and bad are almost inextricably interwoven. In my opinion the General Court will best serve the state and the nation by doing everything in its power to strengthen and preserve the state chartered banks.To accomplish this purpose it will be necessary to enlarge the powers of the state chartered banks in some instances to enable them to meet federally spon sored competition but at the same time to restrain our banks, whatever the provocation, from following such competition into inherently dangerous fields. It will also be desirable to make it possible for our banks to avail themselves of the unquestioned benefits of some of the federally sponsored agencies.As a matter of policy this report does not seek to duplicate requests for salu tary legislation known to have been filed by individuals or associations Of bankers so its specific requests for legislation are restricted to a few matters relating primarily to administration. Legislation deemed desirable for the strengthening of the state system has been chieﬂy suggested in privately sponsored bills and the views, of the department with respect to, the desirability or undesirability of privately sponsored banking legislation will be available to the General Court.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for Savings (Classic Reprint). To get started finding Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for Savings (Classic Reprint), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: —

ISBN: 0260600113

Description: Excerpt from Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for SavingsThe point of these observations is that in the banking world the tendency to ward federalized control has already reached substantial proportions. Some of these tendencies have been altogether wholesome but others, no doubt equally well intended, might embody serious danger to the state banking systems and to the people whom they serve. Only the most careful discrimination and the most unprejudiced approach can hope to preserve the best and reject the rest, especially when good and bad are almost inextricably interwoven. In my opinion the General Court will best serve the state and the nation by doing everything in its power to strengthen and preserve the state chartered banks.To accomplish this purpose it will be necessary to enlarge the powers of the state chartered banks in some instances to enable them to meet federally spon sored competition but at the same time to restrain our banks, whatever the provocation, from following such competition into inherently dangerous fields. It will also be desirable to make it possible for our banks to avail themselves of the unquestioned benefits of some of the federally sponsored agencies.As a matter of policy this report does not seek to duplicate requests for salu tary legislation known to have been filed by individuals or associations Of bankers so its specific requests for legislation are restricted to a few matters relating primarily to administration. Legislation deemed desirable for the strengthening of the state system has been chieﬂy suggested in privately sponsored bills and the views, of the department with respect to, the desirability or undesirability of privately sponsored banking legislation will be available to the General Court.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for Savings (Classic Reprint). To get started finding Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for Savings (Classic Reprint), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for Savings (Classic Reprint)

Annual Report of the Commissioner of Banks for the Year Ending October 31, 1940, Vol. 1: Relating to Saving Banks and Institutions for Savings (Classic Reprint)

More Books

Commonwealh of Massachusetts Reports of Commissioner of Banks, 1959

Commonwealh of Massachusetts Reports of Commissioner of Banks, 1959

Commonwealh of Massachusetts Reports of Commissioner of Banks, 1960

Commonwealh of Massachusetts Reports of Commissioner of Banks, 1960

Commonwealh of Massachusetts Reports of Commissioner of Banks, 1961

Commonwealh of Massachusetts Reports of Commissioner of Banks, 1961

Fifteenth Annual Report of the Board of Commissioners of Savings Banks, 1890, Part 2; 1890 Part 2

Fifteenth Annual Report of the Board of Commissioners of Savings Banks, 1890, Part 2; 1890 Part 2

Annual Report of the Commissioner of Banks for the Year Ending ..; 1953/A

Annual Report of the Commissioner of Banks for the Year Ending ..; 1953/A

Annual Report of the Commissioner of Banks, for the Year Ending December 31, 1948: Relating to Trust Companies and Certain Other Financial Institutions (Classic Reprint)

Annual Report of the Commissioner of Banks, for the Year Ending December 31, 1948: Relating to Trust Companies and Certain Other Financial Institutions (Classic Reprint)

Annual Report of the Bank Commissioner, 1906, Vol. 1: Relating to Savings Banks, Institutions for Savings, Trust Companies, and Foreign Banking Corporations (Classic Reprint)

Annual Report of the Bank Commissioner, 1906, Vol. 1: Relating to Savings Banks, Institutions for Savings, Trust Companies, and Foreign Banking Corporations (Classic Reprint)

Annual Report of the Bank Commissioners: December, 1851 (Classic Reprint)

Annual Report of the Bank Commissioners: December, 1851 (Classic Reprint)