"In 1862 Secretary Chase recommended a scheme for
the management of National Banks which was modeled
after the New York Act, A bill embodying the principal
measures proposed by the Secretary was passed in
1863. The plan, however, proved to be inoperative,
and was superseded by the Act of June...
Published May 1906. Facts and recommendations in this publication may no longer be valid. Please look for up-to-date information in the OSU Extension Catalog: http://extension.oregonstate.edu/catalog