A History of Modern Banks of Issue: With an Account of the Economic Crises of the Nineteenth Century and the Crisis of 1907G. P. Putnam's sons, 1909 - 751 Seiten |
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Seite 60
... gold than the price paid for bullion at the mint . It was obvious that if the bank continued the policy of redemption of its notes in gold or silver at the option of the holder , silver coin would always be preferred , and would be ...
... gold than the price paid for bullion at the mint . It was obvious that if the bank continued the policy of redemption of its notes in gold or silver at the option of the holder , silver coin would always be preferred , and would be ...
Seite 61
... gold reserve was reduced in 1860 to about 100,000,000 francs , while its silver stood at about 325 , - 000,000 francs . About £ 2,000,000 in gold was obtained from the Bank of England , which was not averse to exchanging the less ...
... gold reserve was reduced in 1860 to about 100,000,000 francs , while its silver stood at about 325 , - 000,000 francs . About £ 2,000,000 in gold was obtained from the Bank of England , which was not averse to exchanging the less ...
Seite 62
... gold standard , but the proposition was re- sisted by the French delegates and was not acted upon . The convention putting in effect the decisions reached in the con- ference was adopted on December 23 , 1865 , and Greece soon after ...
... gold standard , but the proposition was re- sisted by the French delegates and was not acted upon . The convention putting in effect the decisions reached in the con- ference was adopted on December 23 , 1865 , and Greece soon after ...
Seite 63
... gold franc and solves practical difficulties arising from the double stand- ard . " The Latin Union , so far from establishing bimetal- lism , adopted the gold franc as the standard because gold was then the money of general circulation ...
... gold franc and solves practical difficulties arising from the double stand- ard . " The Latin Union , so far from establishing bimetal- lism , adopted the gold franc as the standard because gold was then the money of general circulation ...
Seite 65
... gold or silver at the discretion of the bank and charging a premium for gold . It is impos- sible to obtain gold at the bank in the quantity desired for exportation and it has to be taken from the domestic circu- lation . This means of ...
... gold or silver at the discretion of the bank and charging a premium for gold . It is impos- sible to obtain gold at the bank in the quantity desired for exportation and it has to be taken from the domestic circu- lation . This means of ...
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Häufige Begriffe und Wortgruppen
adopted advances amount assets August authorized Bank of England Bank of France Bank of Ireland Bank of Montreal bank-notes bankers banking system banks of issue Banque bonds branches bullion capital cash charter coin coinage commercial commercial paper Commission committee companies crisis currency debt December 31 declared demand deposits depreciation discount rate drachmas Économiste Économiste Européen established exports failure favor five per cent fixed florins foreign fund gold standard half per cent increased institution interest issue notes January joint stock banks July June Latin Union legal tender liabilities limit lires loans London March ment metallic reserve milreis monetary National Bank note issues November October operations paid panic paper money Paris privileges profits provision redeem redemption reduced roubles rupees Russia Scotch banks securities shareholders silver specie payments speculation suspension of specie tion Treasury United York
Beliebte Passagen
Seite 354 - ... shall be received at par in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States, except for 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 352 - 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 93 - ... 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 during the continuance of such said privilege to the said governor and company, who are hereby declared to be and remain a corporation with the privilege of exclusive banking, as before recited.
Seite 102 - War broke out before this date arrived and the restriction was continued until six months after the ratification of a definitive treaty of peace.
Seite 403 - ... the security of that redemption by the pledge of United States stocks, and an adequate provision of specie.
Seite 726 - 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 407 - 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 384 - 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 427 - We demand the free and unlimited coinage of both silver and gold at the present legal ratio of 16 to i, without waiting for the aid or consent of any other nation.