Cannon, James Graham. — Clearing-Houses : their History, Methods and Administration.

New York: D. Appleton & Co.; 1908. Reprint. Orig. cloth binding. xiv,383 pp. Mailorder only - Alleen verzending mogelijk. Book condition : very good. - First published in 1900, this work describes the development, functions, and management of clearinghouses in the financial sector. The concept of clearinghouses dates back to the 17th century. For example, the London Clearing-House was established between 1750 and 1770 to streamline the exchange of cheques and bills among bankers in London. Clearinghouses play a crucial role in facilitating efficient financial transactions between banks and other financial institutions by acting as intermediaries to settle payments and reduce settlement risks.