Changes in the National Bank Act
Subject(s): Banks and banking, Bonds, Currency boards, Financial crises, Gold, National banks (United States)--Law and legislation, New York (State), United States. Office of the Treasurer
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John L. Hamilton recommends several amendments to the National Banking Act. He suggests a non-partisan currency commission of nine members to take the place of the comptroller of currency, makes provisions for the failure of the National Bank, and provides stipulations for US Treasury bonds. Hamilton argues that if the financial system had been under supervision of the national government, they would not have fallen into the current panic.
Collection
Library of Congress Manuscript Division
Creation Date
1897
Creator(s)
Hamilton, John L. (John Lawrence), 1862-1927
Recipient
Language
English
Period
Assistant Secretary of the Navy (April 1897-April 1898)
Repository
Library of Congress Manuscript Division
Page Count
12
Production Method
Record Type
Multi-image
Resource Type
Rights
These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.
Citation
Cite this Record
Chicago:
Changes in the National Bank Act. [November 25, 1897]. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o51745. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Hamilton, John L. (John Lawrence), 1862-1927. Changes in the National Bank Act. [25 Nov. 1897]. Multi-image. Theodore Roosevelt Papers. Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. November 25, 2025. https://www.theodorerooseveltcenter.org/digital-library/o51745.
APA:
Hamilton, John L. (John Lawrence), 1862-1927.: , [1897, November 25]. Changes in the National Bank Act. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o51745.
Cite this Collection
Chicago:
Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. November 25, 2025. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
APA:
Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
