Money and BankingD. Appleton, 1917 - 439 Seiten |
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Seite 9
... gold fails to retain perfect stability of value . It is subject to less fluctuation in value than most other commodities , however , and so is best suited to serve as standard money . Long experience has shown that gold and silver ...
... gold fails to retain perfect stability of value . It is subject to less fluctuation in value than most other commodities , however , and so is best suited to serve as standard money . Long experience has shown that gold and silver ...
Seite 16
... gold , has perfect stability of value . Since every commodity is subject to changes in the condi- tions affecting its production , it is impossible to find a perfect standard of deferred payments . And yet some standard must be chosen ...
... gold , has perfect stability of value . Since every commodity is subject to changes in the condi- tions affecting its production , it is impossible to find a perfect standard of deferred payments . And yet some standard must be chosen ...
Seite 17
... gold dollar , if actually coined , would contain 23.22 grains of pure gold , or 25.8 grains of gold 9/10 fine . Their weights are then approximately as 16 to 1. The silver dollar contains sixteen times as much pure metal by weight as the ...
... gold dollar , if actually coined , would contain 23.22 grains of pure gold , or 25.8 grains of gold 9/10 fine . Their weights are then approximately as 16 to 1. The silver dollar contains sixteen times as much pure metal by weight as the ...
Seite 18
... gold and silver at the ratio of 15 to 1. This ratio differed , however , from the market ratio , which was about 15 to 1. Gold being thus under- valued at the mint was not presented for coinage , while silver , being overvalued , was ...
... gold and silver at the ratio of 15 to 1. This ratio differed , however , from the market ratio , which was about 15 to 1. Gold being thus under- valued at the mint was not presented for coinage , while silver , being overvalued , was ...
Seite 19
... gold dollar . These depreciated legal tenders thus became not only the sole medium of exchange , but also the standard of value , all prices being quoted in legal tenders instead of gold . Prices still depended , however , upon the ...
... gold dollar . These depreciated legal tenders thus became not only the sole medium of exchange , but also the standard of value , all prices being quoted in legal tenders instead of gold . Prices still depended , however , upon the ...
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Häufige Begriffe und Wortgruppen
acceptances amended amount assets balance bank notes Bank of England bank's bankers banking system bill of lading bills of exchange board of directors borrower broker bullion capital and surplus capital stock cash cent central reserve centum charter checks clearing house coin collateral commercial bank commercial paper Comptroller country banks currency customers demand depositors deposits discount district dollar drafts drawn eral reserve farm loan association Farm Loan Board Federal Farm Loan Federal land bank Federal Reserve Act Federal reserve agent Federal reserve bank Federal Reserve Board Federal reserve notes Federal reserve system funds indorsed investment liabilities loan bonds member banks ment mortgage national banks national farm loan note issues organization paid payable payment purchase receive redeem redemption rediscount regulations reserve cities savings banks Secretary sell silver stockholders teller tion transactions Treasury trust companies United York
Beliebte Passagen
Seite 173 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Seite 385 - 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 476 - That if any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act,, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Seite 431 - Demand deposits within the meaning of this Act shall comprise all deposits payable within thirty days, and time deposits shall comprise all deposits payable after thirty days, and all savings accounts and certificates of deposit which are subject to not less than thirty days
Seite 395 - ... best for the purpose of purchasing, selling, and collecting bills of exchange, and to buy and sell, with or without its indorsement, through such correspondents or agencies, bills of exchange...
Seite 457 - ... of said board. All such attorneys, experts, assistants, clerks, and other employees shall be appointed without regard to the provisions of the act of January sixteenth, eighteen hundred and eighty-three (volume twenty-two, United States Statutes at Large, page four hundred and three), and amendments thereto, or any rule or regulation made in pursuance thereof: Provided, That nothing herein shall prevent the President from placing said employees in the classified service.
Seite 473 - State thereof, and principally engaged in international or foreign banking, or banking in a dependency or insular possession of the United States either directly or through the agency, ownership, or control of local institutions in foreign countries, or in such dependencies or insular possessions.
Seite 452 - If at any time it shall appear to the Federal Reserve Board that a member bank has failed to comply with the provisions of this section or the regulations of -the Federal Reserve Board...
Seite 393 - Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days...
Seite 503 - That if any person shall falsely make, forge, or counterfeit, or cause or procure to be falsely made, forged or counterfeited, or willingly aid or assist in falsely making, forging, or counterfeiting any note, in imitation of, or purporting to be...