This book is an analysis of the banking laws passed by the United States Congress in 1908. The author, Charles Arthur Conant, explains in detail the new laws that expand the power of banks and allow them to participate in the stock market. This book is an important resource for those interested in the history and development of banking in the United States. 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 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. 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.