bank, whereas Democrats wanted multiple independent reserve banks across the country that could tailor policy to local … conditions. In both plans, private bankers would determine central bank leadership. As a compromise, President Woodrow Wilson … choosing who leads the Reserve Banks, and the President must rely on an indirect process if he wants to remove Reserve Bank …

1. Introduction -- 2. Origin and purposes of the Second Bank -- 3. The Second Bank's branch network and the state … banking system -- 4. The Second Bank and the "exchanges" : conquering space -- 5. The "production" of monetary stability -- 6 …. The Second Bank's specie market operations -- 7. Conclusion. …