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ADAMS, L. R. "The 'Par Clearance Case' Decision, JOURNAL OF THE AMERICAN BANKERS ASSOCIATION, June, 1921. Pp. 3. The probable effect of the decision vill be that both member and non-member banks vill be given the righ right to charge reasonable exchange on checks returning through federal reserve banks ar other channels. Abstract by C. A. Phillips, AMERICAN ECONOMIC REVIEW, XI, Sept. 1921, p. 576. AMERICAN BANKERS ASSOCIATION, ASSOCIATION OF RESERVE C U T BANKERS, CONFERENCE OF PRESIDENTS OF THE FEDERAL RESERVE BANKS: Joint Committee on Check Collection System. STUDY OF CHECK COLLECTION SYSTEM. June 15, 1954 Joint Committee - appointed in 1952: 0. U. Habberstad James H. Kennedy C. Edgar Johnson Frederick L. Deming John H. Wurts, CHAIRMAN ANDERSON, George E. Par collections, their new status as a result of reduced bank earnings, AMERICAN BANKERS ASSOCIATION JOURNAL, Oct. 1932, pp. 52-3. Free service costs the Reserve System $10 millions a year If Pur collection Anderson, George B. Par collections, t h e i r new s t a t u s as a r e s u l t of reduced bank earnings, (In: A«B*A* Journal,Oct* 1932, p.52-3.) Free service costs the Reserve system ten millions a year. The s i t u a t i o n i s now especially Author File ANDERSON, Gordon B. Some phases of the new check collection ayite*, THE ANNALS of the American Academy of Political & Social Science, Vol. 63, Janixary, 1916, pp. 122-131. Clearance and Collections ANDERSON, G* B. Some phases of the New system of check collection, in "The Federal Reserve Board and its Accomplishments," THE ANNALS of the American Academy of Political & Social Science, Vol* LHII, January, 1916. pp. 122-131- Author File ANDERSON, Gordon Blythe THE FEDERAL RESERVE CHECK COLLECTION SXSTB4. Philadelphia, University of Pennsylvania, 1917. Thesis (72 pp„) Yidener Library, Harvard Univ. Econ. 4960.01 Clearance and Collections ANDERSON, G. B. THE FEDERAL RESERVE CHECK COLLECTION SYSTEM. A THESIS IN FINANCE. Philadelphia: University of Pennsylvania, 1927. Pp. 72. ARKANSAS BANKER The CHECK collection problem. (Arkansas banker. Little Rock, 1923. A°. v. 7, no. 6, p. 8-11.) M Par collection. 3arkerf A* 3» Collection of cheques at par. (In 3ie iionetaly times. v.74, May 8 f 1925. p.13. ) Oollection - Canada, BARROWS, F* B. The country bankfs substitute for 'exchanged BANKERS MAGAZINE, June, 1922* Pp. 3. Abolition by the F.R. System of the indirect f exchange1 charge on check collection justified. It is proposed that a similar charge be levied with a definite, direct incidence on the drawer and on the depositor* Abstract by N.R. Whitney, AMERICAN ECONOMIC REVIEW, XII, Sept., 1922, p. 552. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM The Interdistrict Settlement Fund, FEDERAL RESERVE BULLETIN, August, 1940, pp. 776-777. BRADFORD, F. A, "Denationalizing our currency," THE ANNALIST, March 27, 1922. Pp. 2. Advantages of the par collection system of the Fed. Res. Banks, and a review of the opposition of the banks in certain parts of the country to the plan. Abstract by N.R. Vhitney, AMERICAN ECONOMIC REVIEW, H I , June, 1922, p. 363. BURGESS, Warren Randolph* Author File How the Federal Reserve has made checks more widely acceptable. (American Bankers Association. Journal. New York,4 •aJLgj P- 135-1380 September, 192 5 > Clearance and Collections BURGESS, ¥. Randolph "How tlie Federal Reserve has made checks more videly acceptable," AMERICAN BANKERS ASSOCIATION JOURNAL, September 1925, pp. pp. 135-38. Vol. 18, Reprint in vertical file, FRB-NI Reference Library on "Collection - Federal Reserve Banks" BUDER, Edward Federal Reserve par collection facilities* (American Institute of Banking Bulletin. New York, 1923. 8°. v. 5, p* 317-319.) CANNON, James Graham CLEARING HOUSES, National Monetary Commission, 6l Congress 2 Session, Senate Document No. 491. Washington, D.C., 1910. early use of clearinghouse certificates, chaps. X and D CLARKf,John J. and BAILEY, Henry J., III. Bank Deposits and Collections (Under the Uniform Commercial Code) ((October, 1955)* Philadelphia: Committee on Continuing Legal Education of the American Lav Institute collaborating with the American Bar Association, 1955- COMMERCIAL AND FINANCIAL CHRONICLE (Unsigned) UNITED STATES Supreme Court's rulings on par collection charges — validity of North Carolina law upheld. (Commercial and financial chronicle• New York, 1923* f°. v. 116, p. 2718-2720.) Author File DOYLE, W. H. n A state banker's defense of the Federal Reserve par clearance plan," PBOCEEDINGS, Wisconsin Bankers1 Association. Milwaukee, privately printed, 1920, pp. 127-135- DOYLE, W. H. A state banker's defense of the federal reserve par clearance plan. An address before the Wisconsin Bankers' convention, June 17, 1920. [Privately printed] PROCEEDINGS, Wisconsin Bankers* Association, 1920, pp. 127-35. FEDERAL RESERVE BANK OF BOSTON New Ihgland1 s gold reserves and interdistrict payments, MONTHLY REVIEW, October, 1951, pp* 1-4. FEDERAL RESERVE BANK OF BOSTON CHECK COLLECTIONS. Letter No. 44. Boston: 1916. an explanation to member banks of check collections system which was put in operation after July 15, 1916. FEDERAL RESERVE BOARD Federal reserve inter-district collection system* Washington: 1916. 116 pp. FEDERAL RESERVE BULLETIN The Par Collection Eastern of the Federal Reserve Bank, February, 1940. Author File GIDNET, R. M. Federal reserve check clearings and collections, JOURNAL OF POLITICAL ECONOHI, Vol. 2-4, No. 6, June, 1916* pp. 606-08. HACKLEI, Hovard H. "Absorption of bank exchange chaises as a payment of interest," VIRGINIA LAW REVIEW, Vol. 30, September, 1944- • HALES, C. A. THE BALTIMORE CLEARINB HOUSE. Baltimore: Johns Hopkins Press, 1940. Pp. x i i i , 347. acVn*» 4\**>w<\ cn*i* Citiciu^f^ ihaf^ f*J .ftes B*r,K QrjJ fiszj Ato.dr*/,** HALES, Charles A. THE BALTIMORE CLEARING HOUSE. "Johns Hopkins University Studies in Historical and P o l i t i c a l Science" (new s e r i e s ) , Ho. 27. Baltimore: Johns Hopkins Press, 1940. Pp. x i i i + 347. Review: by M. Palyi, JOURNAL OF POLITICAL ECONOMY, Vol. 50, April, 1933, p . 310. HALES, C. A. THE BALTIMORE CLEARING HOUSE* Johns Hopkins Press, 1940. Baltimore: Banking crisis of 1933; 347 Baltimore plan for currency reform lng crisis of 1933• par collection controversy between Fed. Res. Bank of Richmond and the N.C. state banks. HALLOCK, J. 0. Clearing out-of-town checks in England and the United States. St. Louis: The author, 1905. Pp. 160. In Reference Library JA::PCL. HARDING, V. P. G* THE FORMATIVE PERIOD OF THE FEDERAL RESERVE SYSTEM (During the World Crisis). Boston, Houghton Mifflin Company, 1925* Chap* V: Tar Clearance of Checks11 HENDRICKS, Laurence H. Use of Federal Reserve check collection system. (New York State Bankers' Association. Proceedings. Albany^1913?/. 12°. 1918, p. 95-103.) HERZOG, J. H. The proposed federal reserve check collection plan, TRUST COMPANIES, May, 1916. pro Hem . lAxnr Co*iP/i/U/£s 5 /f' fjLn h <yS* 6^ -e> -*""•* HOPE, G. k. "How the reserve banks clear by wire," BANKERS MAGAZINE, vol. 104, May 1922, pp. 615-820. Author File HOPE, G. Alex. How the Reserve Banks clear by wire. (Bankers magazine. New York, 1922. &o. v. 104, p. 815820.) Nay JAY, Pierre The Federal Reserve System, State Banks and Par Collections, THE ANNALS of the American Academy of Political & Social Science, January, 1922. JAY, Pierre The Federal Reserve collection system, TRUST COMPANIES, March, 1917• Pp. U. A defense of the system, with suggestions to banks of new sources of profit M v*f# J o h n s t o n , Horace J^AA Again - t h e "non-par" probleml ( I n ; Credil £»uLLi2*CTj.0N and f i n a n c i a l management, Slay 1958, p*6,7) The N.A#C,M. does n o t r e g a r d t h e p r a c t i c e oi c l e a r i n g checks a t l e s s than p a r / by making an exchange deduction from t h e f a c e v a l u e of t h e checks, a s a l e g i t i m a t e method of o b t a i n i n g r e v enue* by banks. I t f a v o r s t h e c o l l e c t i o n system of the Federal Reserve System,with p a r c l e a r a n c e of checks, a s an a i d to b u s i n e s s . Clipped and f i l e d i n v . f . Par c o l l e c t i o n JONES, T. C. CLEARINGS AND COLLECTIONS: FOREIGN AND DOMESTIC. New York: Columbia University Press, 1931. JONES, Thatcher C. CLEARINGS AND COLLECTIONS: FOREIGN AND DOMESTIC. New fork: Columbia University Press, 1931. especially pp. 130-177 MAG SB, J . D. H i s t o r i c a l analogy of t h e f i g h t a g a i n s t p a r check c o l l e c t i o n , JOURNAL OP POLITICAL ECONOMY, Vol, 3 1 , Jun e , 1925. pp. 433-445. Decisions of t h e c o u r t a r e quoted i n c a s e s which arose out of t h e a c t i v i t i e s of t h e SuffolX Bank of Boston i n c o l l e c t i n g banlc n o t e s a t t h e ^ c o u n t e r s of country banks. A b s t r a c t by y.0. Weyforth, A^IEa.GAN EOOtfQMIO RRVIRV. V >III, Dec. 1923, p . 7 6 8 . MAGEE, James Dysart. Historical analogy to the fight against par check collection* (Journal of political economy* Chicago, 1923* 8°. v. 31, p. 433U5.) Historic*/ p a r <Aec* «*«a/oq<| C*t(e>tho*i fo +Me f c ^ r "J*VAA*9c Z.ol<J Suf^<K °F C**Tlt 8*** of ^<}*/^i*r Poun^TK^ Ckk3e*3 J ) B^3f A ^ MAGEE, J. D. "Historical analogy of the fight against par check collection," JOURNAL OF POLITICAL ECONOMY, June 1923. pp. 433-45. Vol. Jfa Ike tia*ihen* ' (-/eonma /r»tfs<» : McKAY, xCharles R. Federal Reserve check collection system* (Chicago banker* Chicago, 1920. 4 ° . v. 49, no. 12, p. 9-10.) McNALLY, R. F. Clearing house organization as applied to country banks, JOURNAL OF THE AMERICAN BANKERS ASSOCIATION, November, 1915. pp. 3. MILLER, M. C. THE PAR CHECK COLLECTION AND ABSORPTION OF EXCHANGE CONTROVERSIES. Cambridge: Backers Publishing Co., 1949• pp. x i , 1 3 7 . MURCHISON, C. T. Par clearance of checks. (North Carolina law review. Chapel Hill, 1923. v. 1, p. 133-152; v. 2, p. 36-38.) MUROHiaON, G. T. "Par clearance of checks," NORTH CAROLINA LAW REVISW, Vol. 1 (Chapel Hill) January, 192?^ p p . 133-152. Vol. 2, pp. 36-33. Discusses the economic and legal aspects of the par clearance controversy. Writer believes that eventual establishment of par clearance is inevitable. Abstract by W.O. V/ey forth. AMERICAN ECONOMIC REVIEW, XIII, Dec. 1923, p. J69. MURCHISON, C. T. "Par Clearance of Checks," NORTH CAROLINA LAW REVIEW, Jan. 1923, pp. 133-51 NEILL, Robert. "The inconsistencies of par c o l l e c t i o n s . " (Arkansas banker. L i t t l e Rock, 1920. 4 ° . v. At no. 3 , p. 9-13.) PARSONS, M. The par clearance question, THE ANNALIST, September 24, 1923. The Federal Reserve Board1 s plan for free collection of checks as it affects non-member banks refusing to remit at par. ABsta^ct by ¥• 0. Weyforth, AMERICAN ECdNOMIC REVIEW, XIV, March, 1924, p. 173. If Par collection* Pat on, Biomas B* Par clearance upheld by Supreme court* A*B»A. journal. v*19 f July t 1926. p#51# ) Paton, T*B%(AU) (In r Par collection* Paton, Ihoraas 3 . Par clearance remanded by Supreme court. (In A.3.A.jounial. v.l8,Dec.f1925. p.445-6. ) Pa ton, T.B. (au) r Par collection.Paton, ISiomas 3. Decision in new par clearance suit. (In ^ A.B. A. journal. v.l7fFeb.,1925. p.515-16.) Text of decision handed down by 7.S. district court for northern district of Georgia in suit brought by Pascagoula national bank of Moss ^oint, Hiss. Pascagouls case PATCH, T. B. "Decision in new par clearance salt,11 JOURNAL OF THE AMERICAN BANKERS ASSOCIATION, February, 1925* Text of decision of U.S. District Court in suit brought by Pascagola National Bank of Moss Point, Mississippi, against the Federal Reserve Bank of Atlanta, involving the collection powers of the reserve bank. Abstract by ¥.0. Weyforth, AMERICAN ECONOMIC REVIEW, XV, June, 1925, p. 394-5. V Par c o l l e c t i o n . P a t o n , Thomas 3 . New p a r c l e a r a n c e s u i t . v . 1 7 , 3e,1924. p.140. ) (In A.B.A.journal. Suit i n e q u i t y b r o u g h t by Pascagoula N a t f l bank of lloss P o i n t , M i s s . , a g a i n s t Fed. r e s . bank of Atlanta and Fed. r e s . b o a r d . P a t o n , Thos. 3 . (auth) PATON, T. B. "Par clearance d e c i s i o n s , " JOURNAL OF THK AMERICA BANKERS ASSOCIATION, J u l y , 1925. Gives opinions of U.S. Supreme Court in the North Carolina Statute case and in the Atlanta Bank case with regard to par clearance. Abstract by W.O. Weyforth, AMERICA! ECONOMIC REVIEW, XIII, Dec. 1925, p. 769- PATON, T. B. Par collection by federal reserve banks, JOURNAL OF THE AMERICAN BANKERS ASSOCIATION, December, 1922. Author File PRESTCx*, H • H • Federal reserve banks1 system of par ^ m o t i o n * , JOURNAL OF POLITICAL ECONOMY, vol. 28, July, 1920, pp. 565-590• PRESTON, Hovard H. "The Federal Reserve Banks System of Par Collection JOIMAL OF POLITICAL ECONOJC, xxviii ,Tuly 1920, pp. 565-90. REQUMffl, G. G. A defect of the Federal reserve collection plan, BANKERS MAGAZINE, September, 1916. SPAHR, V. E. and WILLIS, H. P. THE CLEARING AND COLLECTION OF CHECKS. New York; BankArs Publishing Co., 71 Murray Street, 1925. Pp. 581. Goo&>mtr «Wy ewpfasts #SSAJ. , yv° " <—-/ o SJ <s. "7 £• iUe c/eaJi/i<f It Ear Collection Simpson, James H# Par c o l l e c t i o n and earnings* (in: American Bankers Association Journal, July, 19 30, p # 25- ) Current practice of cashing out-of-town checks without charging for the service i s unfair to many banks. Canadian i n s t i t u t i o n s get fees which range from 8th to quarter of 1 per cent. H* Thomas, 7/oodlief Construction of an index number of production* (In: lournal of American S t a t i s t i c a l Assoc* Sept., 1927. p.315.) Index numbers ^itkduction - Index numbers SPAHR, Walter E. Clearing Houses, ENCYCLOPAEDIA OF THE SOCIAL SCIENCES. Nev York, Vol. Ill, 1933, p. 546. Spahr. Walter E* Is our new collection system making progressl (In- The Bankers Magazine* April, 1927* p#553] The opposiag banks (these opposing par remit* taitee) present a serious problem which demands a solution. Collection - Fed. res* banks* SPAHR, Walter E. THE CLEARING AND COLLECTION OF CHECKS. Cambridge, Mass., Bankers Publishing Co., 1926. Review: by Frank Parker, AMERICAN ECONOMIC REVIEW, Dec. 1926, p. 706» SPAHR, ¥. E. THE CLEAEING AND COLLECTION OF CHECKS. New York, Bankers Publishing Co., 1926, pp. 164-290. development of par collection system and controversy re this system SQUIRE, N. THE NEW YORK CLEARING HOUSE, ITS METHODS AND SYSTEMS AND DESCRIPTION OF THE LONDON CLEARING HOUSE. New York: 1883. Pp. 38. STERN, Charles F. Universal par collections as inaugurated by the Federal Reserve System, (National Association of Supervisors of State Banks. Proceedings. New Orleans, 1920. 8 ° . 1920, p. 68-76.) STRONG, Benjamin "Federal Reserve System—Development of fcheck Collection Plans and Relation of State Banks and Trust Companies,« TRUST COMPANIES, June, 1915. 10 Pp* Difficulties of check collection will become more acute for the small country banks as their reserve accounts are finally transferred to Reserve Banks. Analysis of regulations regarding admission of state institutions. Need of care in use of existing surplus reserves in order to aboid inflation and to solve international problems. Federal §/*/£> Kersenv* J**7/fs ti^cf <>ysZ>~<+ — dfeoe/*ps>*c>~€ Art,?/ 7#us r fy/vP/IN/e. S esyn,jP0+7S<r& t <4 THRALLS, Jerome Report of committee of t w e n t y - f i v e on t h e c l e a r i n g and c o l l e c t i o n problem, JOURNAL OF THE AMERICAN BANKERS ASSOCIATION, May, 1917. THRALLS, J. Report of committee of twenty five on the clearing and collection problem, JOURNAL OF THE AMERICAN BANKERS ASSOCIATION, May, 1917. Pp. 25. Committee was making e f f o r t to se u r e r e l i e f for banks in connection v i t h the c l e a r i n g and c o l l e c t i o n problem through an emendement t o the Fed* Res. Act. THRALLS, Jerome Solution of eheek c o l l e c t i o n problems, TRUST COMPANIES, April 1916. 3 PP. Business will flow into channel affording best and cheapest service whether by reserve banks or old system. Abstract by Don C* Barrett, A.E.R*, VI, Sept., 1916, p. ii# Par collection Tippetts, Charles S. The end of the par collection l i t i g a t i o n . (In: Hhe American Economic Review. Dec. 1926• p.610. ) M. Tippetts, Charles S. The end of the par collection litigation. (In: The American Economic Beview. Dec. 1926* p.610.) Collections - Federal reserve banks. Pascagoula case. TIPPETTS, Charlea S. "The end of the par collection litigation," AMERICAN ECONOMIC REVIEW, XVI, No. A, December, 1926, pp. 610-21. TXPPETT8, Charles S. The Par Remittance Controversy, AMERICAN ECONOMIC REVIEW XIV, Dec, 1924, pp. 629-43. TIPPETTS, C. S. "The Par Remittance Controversy, 1 ' THE AMERICAN ECONOMIC REVIEW, XIV, No. U> December, 1924, pp. 629-648. V Tippetts, Charles 5 . the par remittance controversy. (In The Anerican Economic review. ••14 f no*4 f Dec« ,1924. p.629-48.) Par collection TIPPETTS, C. S. "The par remittance controversy," AMERICAN ECONOMIC REVIEW, U V , December, 1924, pp. 629-648. TRUST COMPANIES (Unsigned) Anonymous How country and city banks regard the new Federal Reserve par collection plan. TRUST COMPANIES, May, 1916. TRUST COMPANIES (Unsigned) Anonymous Hov country and city bankers regard the new federal reserve lparf collection plan* TBDST: COMPANIES, May, 1916. A pp» Assembled opinions reveal diversity of views* Loss of earnings from f exchange1 charges the cause of country bankers* opposition* Abstract by Don C* Barrett, AMERICAN ECONOMIC REVIEW, Sept., 1916, p. 722. Unsigned DECISION of United States Circuit Court of Appeals at New Orleans in par clearance case. (Commercial and financial chronicle. New York, 1922. f°. v. 115, p. 2851-2852.) Unsigned BANKERS protest againat Federal Reserve Board's par clearance ruling. (Commercial and financial chronicle, Nev York, 1920* f°. v. 110, p. 2034-2036J VEST, Georfce B. The Par Collection System of the Federal Reserve Banks, FEDERAL RESERVE BULLETIN, Feb. 1940. 8 pp. VARNE, Colston E. "Enforced par remittance under the Federal Reserve System," QUARTERLY- JOURNAL OF ECONOMICS, XXXVI, February 1922, pp. 274-289. VARNE, Colston Estey. Enforced par remittance under the Federal Reserve System. (Quarterly journal of economics* Cambridge, 1922. 8°. v. 36, p. 27A-289.) WARNE, Colston E. "Enforced Par Remittance under the Federal Reserve System," QUARTERLY JOURNAL OF ECONOMICS, JUUV1, Feb. 1922, 15 pp. pp. 284-99. A review of the par remittance experience under the Federal Reserve System. It is predicted that the dream of universal par remittance will be unrealized. The number of banks on the par list has slowly diminished during the past year. Abstract by N.R. Whitney, BCERICAN ECONOMIC REVIEW, XII, June 1922, p. 367. VAYNE, J . , Jr. Exchange charges, country clearing houses and settlement of balances, BANKERS MAGAZINE, October, 1916. Pp. 5. A bagkerfs arraignment of the clearing plan of the Federal Reserve System. WILLIS, H. P. and STEIN1R, V. FEDERAL RESERVE BANKING PRACTICE. New York: D. Appleton & Co*, 1926. pp. 576-615: development of par collection system and controversy re that system WOLFE, 0. H. Scientific development of the bank check in connection with the federal reserve system, TRUST COMPANIES, April, 1915. WOLFE, 0 . H. Check Collection Machinery Provided under the Federal Reserve Act, TRUST COMPANIES, Vol. 18, January, 1914. WOLFE, O.K. Collections and Transits, JOURNAL OF THE AMERICAN BANKERS ASSOCIATION, February, 1912. Pp. 4. A discussion of the technical problems of collecting out-of-town checks. \Jood r o PC, 6>e<ntj r WOODRUFF, G. Collecting checks under the currency lav, JOUBNAL OF POLITICAL ECONOHI, Vol. 22, no. U, April, 1 9 U , pp. 345-357. WYATT, Walter "The par clearance controversy," VIRGINIA LAW REVIEW, Vol. 30, No. 3, June 19U> PP» 365-397.
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