Banking Ancient Modern Treasury 1895

K fclSlliP&l HIS Publication dedicated to i^lBlJIiiiEi the Bankers of America by Wells Fargo & Company. Q) Y\^V.>1--NTK;,,^j. "Wells Fargo & Co.s Express ArU^ Ancient * and * Modern <^ Proflskln' Illustrated Portraits of Men Prominent in Banking AND en(;kavin(;s of some of the principal r.ANKINC. LNSTriLTIONS OF AMERICA, Intkrior and Exterior Views of U. S. Treasury Building, together with full instructions as to the i5usness METHODS OF THE TREASURY DEPARTMENT AT WASHINOToN. D. C. -1895 BY WiLLARD Forester Warner Tkf.asikv Dki'aktmkni, Washinc.ton. Y>. C. ^G'^ \>^ 1>1 FROM fHESS OF Lanward Pub. Co. Chicago JOHN G. CAULISJ,K, Secretary of the Treasury of the United States, Wiisliiiiyton, 1). C ii5(^>:>^j.lOHN J. VALENTINE. Prtsi.Ii'iit Wills FargK A Co.'s liaiik, Kan Frniu'iseo, Cal. President Wells Fiirj^o & Co.'h Express, Sun Fnincisco, Cal. ANCIENT AND MODERNCHAPTER I. ANCIENT BANKING. BANKING is an outgrowth of commerce. In its most primitive form — money changing — it assumed the first function of banking deiiandeci by the times, and as commerce increased between man and men and between country and countries, other functions developed as necessity required, until to-day the business of banking occupies a proud position among the institutions which have contributed to the development of the world. The modern word bank seems to have been derived…