The Bank of the State of South Carolina: A General and Political History - 1st Edition/1st Printing
J. Mauldin Lesesne
A handsome unread First Edition/First Printing in Fine condition in alike dustjacket;
On December 18, 1812, the South Carolina legislature passed a bill to establish The Bank of the State of South Carolina. This unique bank was to be one of the most successful institutions of its type in the United States for over fifty years. The intriguingly current dilemma could never be solved: the necessary confidentiality between banker and customer, and the question of the proper role of government in banking -- regulator vs. Administrator. Though well managed, the bank ultimately collapsed as a result of the Civil War.
Published on behalf of the South Carolina Tricentennial Commission to commemorate the founding of South Carolina in 1670; Tricentennial Studies; Vol. 2.