1866 - 1913

The System in Operation

Of the 1,600 state banks that existed in 1860, only 300 remained by 1866, while the national banking system shot ahead in numbers and influence. In his 1872 Annual Report to Congress, Comptroller John Jay Knox took pride in the nearly decade-old system's contribution to the country's rising wealth and power.

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Headquarters OperationsShow
Examiners: Many Banks, Grueling TravelShow
Notable ComptrollersShow
Resurgence of State BanksShow

A Closer Look