A History of Modern Banks of Issue: With an Account of the Economic Crises of the Present CenturyG.P. Putnam's sons, 1896 - 595 Seiten |
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advances aggregate amount assets authorized Bank of England Bank of France Bank of Ireland Bank of Montreal bank-notes banking currency banking system banks of issue Banques bills of exchange bonds branches bullion capital cash reserve charter circulating notes coin reserve coinage commercial paper committee companies crisis debt December December 31 declared decree demand deposits depreciation directors discount drachmas established exports failure five per cent florins foreign free banking gold House increased institution interest issue notes January joint stock banks July June Latin Union legal tender liabilities limit lires loans ment metallic reserve milreis monetary National Bank note issues obligations operations paid panic paper currency Paris privilege profits provision Prussia received redeem redemption reduced roubles Scotch banks Secretary securities shareholders silver specie payments speculation suspension of specie thalers tion transactions Treasury United York
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Seite 308 - States in payment of taxes, excises, public lands, and all other dues to the United States, except duties on imports; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.
Seite 93 - Parliament, and that it shall not be lawful for any body politic or corporate whatsoever created or to be created, or for any other persons whatsoever united or to be united in covenants or partnership exceeding the number of six persons in that part of Great Britain called England, to borrow, owe, or take up 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...
Seite 334 - The State shall not be a stockholder in any bank after the expiration of the present bank charter ; nor shall the credit of the State ever be given, or loaned, in aid of any person, association or corporation ; nor shall the State hereafter become a stockholder in any corporation or association.
Seite 361 - Every national banking association in either of the following cities, Albany, Baltimore, Boston, Cincinnati, Chicago, Cleveland, Detroit, Louisville, Milwaukee, New Orleans, New York, Philadelphia, Pittsburgh, Saint Louis, San Francisco, and Washington, shall at all times have on hand in lawful money of the United States, an amount equal to at least twenty-five per centum of the aggregate amount of its...
Seite 460 - What is wanted, and what is necessary to stop a panic, is to diffuse the impression that though money may be dear, still money is to be had : if people could be really convinced that they could have money if they wait a day or two, and that utter ruin is not coming, most likely they would cease to run in such a mad way for money.
Seite 109 - Bankers' drafts in the common payments of London ; the contrivance of bringing all such drafts daily to a common receptacle, where! they are balanced against each other ; the intermediate! agency of Bill-brokers ; and several other changes in the practice of London Bankers, are to the same effect, of rendering it unnecessary for them to keep so large a deposit of money as formerly.
Seite 579 - A History of Our Own Times, from the Accession of Queen Victoria to the General Election of 1880. Four Vols. demy Svo, cloth extra, 12s. each. — Also a POPULAR EDITION, in Four Vols. crown 8vo, cloth extra, 6s. each. A Short History of Our Own Times.
Seite 291 - I am decidedly in favor of making all the banks republican by sharing deposits among them in proportion to the dispositions they show.
Seite 306 - Resolved, That the President, in the late Executive proceedings in relation to the public revenue, has assumed upon himself authority and power not conferred by the Constitution and laws, but in derogation of both.
Seite 351 - The greatest care will, however, be requisite to prevent the degradation of such issues into an irredeemable paper currency, than which no more certainly fatal expedient for impoverishing the masses and discrediting the Government of any country, can well be devised.