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An Adventure in Constructive Finance
Paperback
Investing & Finance20th Century United States HistoryGeneral Political Science
ISBN13: 9781025261157
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 440
Weight: 1.35
Height: 0.89 Width: 6.14 Depth: 9.21
Language: English
An Adventure in Constructive Finance is a definitive first-hand account of the creation and enactment of the Federal Reserve Act of 1913. Written by Carter Glass, who served as the Chairman of the House Committee on Banking and Currency during the Wilson administration, this work provides an insider's perspective on one of the most significant pieces of economic legislation in American history. Glass details the complex political and financial landscape of the early 20th century, documenting the intense debates, the clash of ideologies, and the collaborative efforts required to reform the nation's banking system.
The narrative explores the legislative process from its inception to the final signing of the bill, highlighting the roles of key figures such as President Woodrow Wilson and H. Parker Willis. Glass addresses the challenges posed by competing banking interests and the necessity of establishing a decentralized but coordinated central banking authority. This book serves as a vital historical record for those interested in monetary policy, the evolution of the United States financial system, and the intersection of politics and economics. It offers a unique look at the structural foundations of modern American finance and the vision of the individuals who sought to stabilize the nation's economy through constructive reform.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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