This essential supplement to Magee's 'Banks and Banking' includes detailed analysis and commentary on the Federal Reserve Act of 1913, which remains one of the most important pieces of financial legislation in American history. With in-depth footnotes, a complete index, and other helpful features, this supplement is an indispensable resource for scholars, students, and practitioners of finance and business. 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.