Readings in Money and BankingMacmillan, 1916 - 845 Seiten |
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Häufige Begriffe und Wortgruppen
61st Congress accept agricultural American amount balances bank notes Bank of England Bank of France bank reserves bankers banking system bimetallic bonds borrowers branch banks branches bullion capital cash cause cent certificates clearing house clearing-house coin commercial commercial paper commodities country banks crisis currency customers demand depositors deposits directors discount dollars drafts effect equation of exchange export fact farmers Federal Reserve Act Federal Reserve Banks Federal Reserve Board funds Germany gold Government important increase industrial institutions investment legal tender legal-tender less liabilities loans London member banks ment metal monetary mortgage national banks National Monetary Commission note issue operations panic paper payment period postal savings production profits purchase rate of interest received rediscount Reichsbank savings banks securities sell silver standard supply surplus tion trade transactions Treasury trust companies United
Beliebte Passagen
Seite 392 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Seite 838 - The Federal Reserve Board shall make and promulgate from time to time regulations governing the transfer of funds and charges therefor among Federal reserve banks and their branches, and may at its discretion exercise the functions of a clearing house for such Federal reserve banks, or may designate a Federal reserve bank to exercise such functions, and may also require each such bank to exercise the functions of a clearing house for its member banks.
Seite 438 - London, or within sixty-five miles thereof, provided that such body politic or corporate, or society, or company, or partnership, do not borrow, owe, or take up in England, any sum or sums of money on their bills or notes payable on demand, or at any less time than six months from the borrowing thereof, during the continuance of the privileges granted by this Act to the said Governor and Company of the Sank of England." All notes of the Bank of England, payable on demand, which shall be issued out...
Seite 456 - ... not operate as an assignment of any part of the fund to the credit of the drawer, with the bank, and...
Seite 834 - ... per centum of the unimpaired capital and surplus of said bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values.
Seite 6 - There cannot, in short, be intrinsically a more insignificant thing, in the economy of society, than money; except in the character of a contrivance for sparing time and labour. It is a machine for doing quickly and commodiously, what would be done, though less quickly and commodiously, without it : and like many other kinds of machinery, it only exerts a distinct and independent influence of its own when it gets out of order.
Seite 57 - And the United States also solemnly pledges its faith to make provision at the earliest practicable period for the redemption of the United States notes in coin.
Seite 92 - ... the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio, or such ratio as may be provided by law.
Seite 837 - ... no bank shall accept such bills to an amount equal at any time in the aggregate to more than one-half of its paid-up and unimpaired capital stock and surplus...