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Bank institutes, and also through the international cooperation between already
Existing central banks of the various states. Nevertheless,
There are no regular researches of the reasons of the assumed
The superiority of the centralised bank system over its alternatives.
Almost all discussion about relative advantages which possess
The centralised exclusive bank system in comparison with system
Competing and banks equal in rights in the market, proceeded on an extent
Approximately 40 - 50 years last century. During that time to this subject did not come back.
Especially correctly it concerning France. Really, during those twenty
Years when the French thinkers have been absorbed by discussion of a given problem,
The French economic literature has appeared, perhaps, more productive,
Than when that was - both from the quantitative point of view, and from a point
Sight of quality, in comparison with the similar period of time in other countries.
In XX century the majority of the countries have definitively stopped the choice on
To the centralised system, however in XIX century, at least, up to 1875,
The form of the bank device still was a subject of disputes, especially in
The countries of continental Europe and the United States (bank system,
Appeared in England as a result of acceptance of the Bank Law of 1844 (Bank
Act of 1844), since then was not exposed to serious doubts). It is interesting that to
To that time when the economic theory and a policy laisser-faire have appeared in
Zenith of the popularity in application to all other branches of economy,
Bank business already was considered separately. Even the most consecutive
Supporters of free trade, except for, perhaps, only one
Kursel-Senejja (Courcelle-Seneuile) in France, did not aspire to extend
The views on banking sphere. Necessity of the special
Regulations sphere of bank business admitted everywhere, but a question
About the concrete form which this regulation should accept, remained
Opened throughout several decades.
The modern economic literature has bypassed the attention a question about
Expediency of that concrete form of bank system which has arisen
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