A history of The Fed from its inception to the 1960s.

Published in 1966 under title: Fifty years of managed money, by Books, inc. Also published : Westport, Conn. : Arlington House, c1980.

Part I : The roots of reform : The quality of the times -- The first shock wave -- The lapping at the dikes -- The rich man's panic -- A measure of expediency -- The Aldrich-Vreeland bill -- An interlude for debate -- The great investigation -- The settling of the current -- The bill considered -- Part II : The great reversal : Advent of storm -- The first inundation -- Collapse of a theory -- The path of retreat -- When to reef sail -- The wounds of war -- Wading in the big pond -- The lapping waves of crisis -- The fulcrum and the lever -- The gushing fountain -- Part III : Debacle of an idea : The crumbling of the dikes -- The new Thermopylae -- The Keynesian influence -- The not so new New Deal -- The New Deal and the Federal Reserve -- New bridles for old -- Where two tides meet -- The reversals of war -- Doubtful victory -- The role of Atlas -- The not so Golden Years -- The end of a dream -- The chute -- Into the pit -- Out of the pit.