Dedicated to two of the finest scholars of the twentieth century
GEORGE STIMPSON and
who generously gave of their vast knowledge to a young writer to
guide him in a field which he could not have managed alone.
I wish to thank my former fellow members of the staff of the Library
of Congress whose very kind assistance, cooperation and suggestions
made the early versions of this book possible. I also wish to thank
the staffs of the Newberry Library, Chicago, the New York City
Public Library, the Alderman Library of the University of Virginia,
and the McCormick Library of Washington and Lee University,
Lexington, Virginia, for their invaluable assistance in the
completion of thirty years of further research for this definitive
work on the Federal Reserve System.
ABOUT THE COVER
The cover reproduces the outline of the
eagle from the red shield,
the coat of arms of the city of Frankfurt, Germany, adapted by
Mayer Amschel Bauer (1744-1812) who changed his name from Bauer to
Rothschild ("Red Shield").
Rothschild added five golden arrows
(right image) held
in the eagle’s talons, signifying his five sons who operated the
five banking houses of the international House of Rothschild:
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