Excerpt from Manual of Canadian Banking One of the strong points of the branch system o! banking is that it brings all the offices operating under it, even the most remote and the smallest of them, into subjection to carefully devised codes of rules, ensuring reasonable uniformity of practice. The system also ensures expert and skilful guidance for the banking offices of every district, and the employment everywhere of the most modern and effective safeguards against fraud or dishonesty. This Manual essays to outline the methods and practices obtaining in Canada. Judging by the communications received from time to time, the subject has interest not only for Canadians but also for citizens of the United Kingdom and of the United States. In both of these countries the Canadian banks gained considerable prestige because of the creditable manner in which they surmounted the crisis of 1907- It is hoped that the detailed description of the working of the various parts of the Canadian machinery will permit students of our banking outside Canada to form a better and clearer notion of its strength and suitability. The Author also hopes that the Manual will be useful to members of Parliament and business men who wish to join in the periodical discussions of banking matters, through providing for them a means of becoming better acquainted with the interior economy of the banking business, and enabling them to handle the subject with more satisfaction to themselves and with more benefit to the Dominion. A word to that important class-the customers. Doubtless most of them-depositors, borrowers, purchasers of drafts, payees of cheques-have been confronted more or less frequently, in transacting their banking business, with rules and regulations not exactly understood, and perhaps causing irritation or displeasure. The book endeavours to explain just why these rules are put into force, and why they are necessary. And finally, the Author hopes that what he has written will help his fellow bank-men to climb the ladder, help them to give good service to their respective institutions in all the positions they fill, and to strengthen and extend the public good-will towards the banks; he hopes that it will be of use also to the executives, through spreading among the banking staffs a better knowledge of what the head offices want, and of the conduct and policy calculated to forward the best interests of the employing banks. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.