indexed so that it may be of convenient reference to all those who have occasion to refer to it. This volume is, of course, in no sense a plea for national banks as differentiated from the other types of banking institutions which make up the nation’s banking system. But as the largest bank in the country, a member of the National Banking System for sixty years and of the Federal Reserve System since its inauguration, The National City Bank of New York accepts with pleasure the oppor- tunity to give to other banks and to individuals specific, useful and reliable information regarding various phases of national banking, especially as they refer to the Federal Reserve Act.