""Checks and Balances: A Study of the Dual Banking System in America"" is a comprehensive examination of the banking system in the United States. Written by Thomas W. Thompson, the book delves into the history and development of the dual banking system, which consists of state-chartered banks and federally-chartered banks. The author explores the advantages and disadvantages of this system, as well as the regulatory framework that governs it. The book also examines the role of the Federal Reserve System and its impact on the banking industry. Through detailed analysis and case studies, Thompson provides a thorough understanding of the complex and dynamic world of banking in America. This book is an essential resource for anyone interested in the history and functioning of the American banking system.""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.