Summary

The New International Encyclopædia…

The economic development of New York has continued uninterrupted after the war, and has fully justified its title of the ‘Empire State.’ Its history, however, has been characterized by much of that corruption which has marked the postbellum politics of many States. The period in general presents a dead level of partisan rule relieved by occasional spasmodic upheavals of civic virtue. The gubernatorial power, nevertheless, has been repeatedly in the hands of able men, several of whom attained national eminence.
Source: Wikisource

The New International Encyclopædia…

At the time of the English occupation New Netherland had a population of about 8000, comprising many nationalities, with the Dutch predominant. Life in the colony had not that deep spiritual tinge which it bore in New England, but it was more gracious and more free. The churches were well supported, and the school system was excellent, but breweries and drinking-shops found their place in the order of things. In religion a broad toleration, in social life a hearty gayety and timely hospitality marked this cosmopolitan colony of well-fed traders and farmers.
Source: Wikisource

The New International Encyclopædia…

The paramount position of New York City in the American financial world places New York State in the lead among the States in the number and resources of its financial institutions. The first bank of the State was the Bank of North America, incorporated in 1782. In 1791 the second bank was chartered under the name of the Bank of New York. In 1804 an act was passed prohibiting banking and the issuing of currency in the State except under a special charter from the Legislature. Due to the high profits, banking charters were eagerly sought and became political favors.
Source: Wikisource

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