Readings in Money and BankingMacmillan, 1916 - 845 Seiten |
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Seite 26
... dollars and the necessity of adjudicating and enforcing such contracts , require that there should be an accurate legal interpretation of what a dollar is . As every one knows , the name , or unit of account , is affixed to a given ...
... dollars and the necessity of adjudicating and enforcing such contracts , require that there should be an accurate legal interpretation of what a dollar is . As every one knows , the name , or unit of account , is affixed to a given ...
Seite 27
Chester Arthur Phillips. dollars are mentioned in a contract , it should be satisfied only by the payment of that which is the standard money of the community . Since prices and contracts are expressed in terms of the standard article ...
Chester Arthur Phillips. dollars are mentioned in a contract , it should be satisfied only by the payment of that which is the standard money of the community . Since prices and contracts are expressed in terms of the standard article ...
Seite 37
... dollars " received as rental might be the same in 1865 as in 1860 , but their purchasing power was less than one - half as great . Somewhat less hard was the situation of the land- lord who had let his property for but one or two years ...
... dollars " received as rental might be the same in 1865 as in 1860 , but their purchasing power was less than one - half as great . Somewhat less hard was the situation of the land- lord who had let his property for but one or two years ...
Seite 41
... dollars which Mr. A offered him in 1865 was not , like the labour of John Smith or the farm of Mr. B , as efficient for his purposes as it would have been five years before . For , with the thousand dollars he could not purchase ...
... dollars which Mr. A offered him in 1865 was not , like the labour of John Smith or the farm of Mr. B , as efficient for his purposes as it would have been five years before . For , with the thousand dollars he could not purchase ...
Seite 44
... dollars . Of those farmers who hired labor very many paid wages partly in board and lodging an arrangement which threw a considerable part of the increased cost of living upon them instead of upon their employees . Finally , the renting ...
... dollars . Of those farmers who hired labor very many paid wages partly in board and lodging an arrangement which threw a considerable part of the increased cost of living upon them instead of upon their employees . Finally , the renting ...
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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.