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National Banking Trusts Plan Centered Global Network
A confidential circular from New York proposes creating a national banking system by forming American Bankers' Corporation in New Jersey. The plan envisions one large bank in each major center and smaller banks elsewhere, with New York City as the operational hub and executives drawn from the central bank.
MENTIONED IN THIS ARTICLE
New York
North American Trust Company
S. C. Scudder
American Bankers’ Corporation
Capital
New Jersey
General Corporation Act
New York City National Bank
New York City
New York City Bank