Readings in Money and BankingMacmillan, 1916 - 845 Seiten |
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Seite 19
... accept the money . The force of habit , convention , or legal enactment may do much to maintain money in circulation when once it is afloat , but it is doubtful whether the most powerful government could oblige its subjects to accept ...
... accept the money . The force of habit , convention , or legal enactment may do much to maintain money in circulation when once it is afloat , but it is doubtful whether the most powerful government could oblige its subjects to accept ...
Seite 36
... accepted as a necessary sacrifice to the common cause and paid without protest by severe retrenchment . RENT URBAN RENTS In studying the influence of depreciation upon rent , it is necessary to use that term in its popular rather than ...
... accepted as a necessary sacrifice to the common cause and paid without protest by severe retrenchment . RENT URBAN RENTS In studying the influence of depreciation upon rent , it is necessary to use that term in its popular rather than ...
Seite 52
... accepted subject also to a wide margin of error . There were other financial consequences of the shift from the specie to the paper standard , however , that were not unim- portant , though they were indirect and difficult to gauge ...
... accepted subject also to a wide margin of error . There were other financial consequences of the shift from the specie to the paper standard , however , that were not unim- portant , though they were indirect and difficult to gauge ...
Seite 53
... accepted . Such was the theory and purpose of the public men through whom the Legal - Tender Act was constructed and applied . Nor is the general position of our statesmen , at the close of the Civil War , any more obscure than their ...
... accepted . Such was the theory and purpose of the public men through whom the Legal - Tender Act was constructed and applied . Nor is the general position of our statesmen , at the close of the Civil War , any more obscure than their ...
Seite 62
... accept the legal tenders freely in discharge of balances against one another and against the Government . At the same time , the requirement of coin payment of customs duties was revoked , and public officers were directed to receive ...
... accept the legal tenders freely in discharge of balances against one another and against the Government . At the same time , the requirement of coin payment of customs duties was revoked , and public officers were directed to receive ...
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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 debt 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 128 - ... whenever the lawful money of any other association shall be below fifteen per centum of its circulation and deposits, such association shall not increase its liabilities by making any new loans or discounts...
Seite 5 - It must be evident, however, that the mere introduction of a particular mode of exchanging things for one another, by first exchanging a thing for money, and then exchanging the money for something else, makes no difference in the essential character of transactions.
Seite 832 - ... bank ; but this restriction shall not apply to the discount of bills of exchange drawn in good faith against actually existing values.
Seite 390 - 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 454 - ... not operate as an assignment of any part of the fund to the credit of the drawer, with the bank, and...
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 55 - 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 436 - Pitt on the 7th instant, for the appointment of a committee of the House of Commons, to inquire into the state of...
Seite 835 - 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 mav 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 90 - ... 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.