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CHAPTER X
Financial Libraries
Special libraries are to be found in
almost every financial house of importance.
Whether viewed from present need or future
development such financial libraries are in-
dispensable ; they are not only repositories of
the history of the institution with which they
are connected, but also active forces in widen-
ing and increasing the value of its services.
The work of the banker of the present is
totally different from that of the banker of
the past. Money-changing and safe-keeping
of valuables or securities are not to-day
major activities of any bank. On the other
hand, the work of the financier touches vitally
at almost every point the very foundations of
economic existence. The modern banker
must have a thorough intimacy with the intri-
cacies of his own profession, but beyond this
he must know or be in a position to learn
quickly the significant factors of industries
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