The Office of the Comptroller of the Currency
Washington, D. C.

AKP8373

SOURCES OF ILLUSTRATIONS

Frontispiece: The Library of Congress, Toner Collection, Rare Book Room.

CHAPTER 2

CHAPTER 3

CHAPTER 4

13: The Chase Manhattan Bank Money Museum. 14: Robert Friedberg,
Paper Money of the United States. 17: United States Treasury Depart-
ment. 18: United States Treasury Department. 20: The Historical Society
of Pennsylvania. 22: Robert Friedberg, Paper Money of the United States.
24: United States Treasury Department. 30: American Banker.

35: Robert Friedberg, Paper Money of the United States. 38: United States
Treasury Department. 39: Robert Friedberg, Paper Money of the United
States. 41: American Banker. 43: United States Treasury Department.
46: Office of the Comptroller of the Currency. 48: Office of the Comp-
troller of the Currency. 50: Office of the Comptroller of the Currency.
52: Robert Friedberg, Paper Money of the United States.

56: Frank Leslie's Illustrated Newspaper, March 10, 1888. 58: National
Archives. 60: Library of Congress. 62: Robert Friedberg, Paper Money
of the United States. 65: Office of the Comptroller of the Currency.
68: Harper's Weekly, October 11, 1873. 70: National Archives. 73: Office
of the Comptroller of the Currency. 74: National Archives. 76: National
Archives. 77: National Archives. 80: Office of the Comptroller of the
Currency. 84: Office of the Comptroller of the Currency.

CHAPTER 5 91: Robert Friedberg, Paper Money of the United States. 94: Board of
Governors of the Federal Reserve System. 96: Office of the Comptroller
of the Currency. 103: Board of Governors of the Federal Reserve System.
106: Office of the Comptroller of the Currency. 109: Robert Friedberg,
Paper Money of the United States. 114: Office of the Comptroller of the
Currency.

CHAPTER 6

CHAPTER 7

CHAPTER 8

119: Courtesy of First National Bank of Bloomington, Indiana. 120:
United Press International. 121: The Franklin D. Roosevelt Library,
Hyde Park, New York. 125: Library of Congress photo by Dorothea Lange.
127: Office of the Comptroller of the Currency. 130: Office of the Comp-
troller of the Currency. 135: Office of the Comptroller of the Currency.
136: Smithsonian Museum.

142: American Bankers Association, The Common Machine Language for
Mechanized Check Handling. 145: American Bankers Association, The
Common Machine Language for Mechanized Check Handling. 148: Harris
& Ewing, Washington, D.C. 153: Courtesy of Indiana Bell Telephone
Company. 158: Office of the Comptroller of the Currency.

All illustrations: Office of the Comptroller of the Currency.

The Comptroller and Bank Supervision has been prepared at the direction of the Office of t
Comptroller of the Currency. It must not be reproduced in whole or in any substantial p
unless prior written approval has been obtained from the Office of the Comptroller of t
Currency, Washington, D. C. 20220.

Printed in the United States of America by the McCall Printing Company
First printing, April 1968

Library of Congress Catalog Card Number: 68-60034

iv

DEPOSITORY

Foreword

'n recent years the Office of the Comptroller has received a growing number of inquiries from the academic and business communities about the history and functions of the Office. A variety of published materials, ranging from speeches and testimony of incumbent Comptrollers to official Annual Reports, has always been available. Yet no single work providing requested information in convenient form was ever prepared for classroom use or business reference.

Responding to an apparent public need, the Comptroller of the Currency two years ago commissioned this book by Professor Robertson, a leading student of the financial history of the United States. In accordance with established procedures, this Office permitted unrestricted access to source materials and furnished research and other assistance without any stipulations regarding the scope of the published work or the conclusions reached. Like other scholarly publications of the Office, this book is published under the sponsorship of the Office of the Comptroller without official commitment to the views expressed.

During the period of preparation of The Comptroller and Bank Supervision the officials and staff of the Office have benefited from information and ideas developed in their historical setting. It is our hope that this examination of the role of one of the oldest of the regulatory agencies will prove equally beneficial to the reading public.

Washington, D.C. January 1968

vii

William B. Camp

Comptroller of the Currency