Readings in Money and BankingMacmillan, 1916 - 845 Seiten |
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Seite 3
... supply , that the effect on value even of a change in the cost of production is not sudden : a very long time being required to diminish materially the quantity in existence , and even to increase it very greatly not being a rapid ...
... supply , that the effect on value even of a change in the cost of production is not sudden : a very long time being required to diminish materially the quantity in existence , and even to increase it very greatly not being a rapid ...
Seite 6
... supply , and their average and permanent values upon their cost of production , are as applicable to a money system as to a system of barter . Things which by barter would exchange for one another , will , if sold for money , sell for ...
... supply , and their average and permanent values upon their cost of production , are as applicable to a money system as to a system of barter . Things which by barter would exchange for one another , will , if sold for money , sell for ...
Seite 8
... supply of and demand for gold will affect in general the value of gold in comparison with goods and labor . Or , sec- ond , if we suppose an equilibrium between the demand for and supply of gold , then , prices and wages can be affected ...
... supply of and demand for gold will affect in general the value of gold in comparison with goods and labor . Or , sec- ond , if we suppose an equilibrium between the demand for and supply of gold , then , prices and wages can be affected ...
Seite 29
... supply in the world . This opera- tion arises from choosing gold as the standard of prices and as the medium of exchange . To give this standard a legal- tender power in addition does not increase the demand for it , because the stamp ...
... supply in the world . This opera- tion arises from choosing gold as the standard of prices and as the medium of exchange . To give this standard a legal- tender power in addition does not increase the demand for it , because the stamp ...
Seite 35
... supply was withdrawn from the market into the army and navy . In 1864 and 1865 about one million of men seem to have been enrolled . About one - seventh of the labor supply withdrew from the market . But despite all these favoring ...
... supply was withdrawn from the market into the army and navy . In 1864 and 1865 about one million of men seem to have been enrolled . About one - seventh of the labor supply withdrew from the market . But despite all these favoring ...
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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.