Our Clearing System And Clearing Houses (1884)

""Our Clearing System And Clearing Houses"" is a book written by William Howarth in 1884 that provides a comprehensive analysis of the clearing system and clearing houses. The book is divided into two parts, with the first part focusing on the history and development of clearing houses, and the second part delving into the practical aspects of their operation.The first part of the book covers the origins of clearing houses in England and the United States, as well as their evolution over time. Howarth explores the different types of clearing houses, including those that specialize in specific industries, such as banking and commodities. He also discusses the role of clearing houses in the economy, including their impact on credit and the circulation of money.The second part of the book provides a detailed explanation of the mechanics of clearing houses. Howarth explains how clearing houses function as intermediaries between banks and other financial institutions, facilitating the exchange of funds and securities. He also examines the various methods used by clearing houses to settle accounts and manage risk.Throughout the book, Howarth draws on his extensive experience in the financial industry to provide practical insights and advice for those involved in the clearing system. He offers suggestions for improving the efficiency and effectiveness of clearing houses, and provides examples of best practices from around the world.""Our Clearing System And Clearing Houses"" is a valuable resource for anyone interested in the history and operation of clearing houses, as well as those involved in the financial industry. It provides a comprehensive overview of this important aspect of the financial system, and offers practical guidance for those looking to improve their understanding and management of the clearing process.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.