Principles of Money and Banking: A Series of Selected MaterialsUniversity of Chicago Press, 1916 - 785 Seiten |
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Seite 12
... nearly than anything else all the essentials of a desirable standard . 8. DIFFERENTIATION OF MONETARY FUNCTIONS2 By W. STANLEY JEVONS It is in the highest degree important that the reader should dis- criminate carefully and constantly ...
... nearly than anything else all the essentials of a desirable standard . 8. DIFFERENTIATION OF MONETARY FUNCTIONS2 By W. STANLEY JEVONS It is in the highest degree important that the reader should dis- criminate carefully and constantly ...
Seite 16
... nearly all humanity's most earnest and most honorable exertion . What , then , is money and what are its uses ? It may be stated in general that money is crystallized labor , labor accumulated and massed , and when so accumulated and ...
... nearly all humanity's most earnest and most honorable exertion . What , then , is money and what are its uses ? It may be stated in general that money is crystallized labor , labor accumulated and massed , and when so accumulated and ...
Seite 17
... nearly all wealth is produced by labor , and the laborers would possess it if something did not exist to prevent this natural result . In this country , where the reward of labor is greater than in any other , some cause is operating ...
... nearly all wealth is produced by labor , and the laborers would possess it if something did not exist to prevent this natural result . In this country , where the reward of labor is greater than in any other , some cause is operating ...
Seite 27
... nearly three centuries in occupying and developing a vast area of free land . While natural resources abounded , each newly settled district has always experienced a lack of capital needed to bring the soil under cultivation , to supply ...
... nearly three centuries in occupying and developing a vast area of free land . While natural resources abounded , each newly settled district has always experienced a lack of capital needed to bring the soil under cultivation , to supply ...
Seite 49
... nearly as possible unlimited in space and time generally , over all other market goods at economic prices . When the relatively most salable commodities have become " money , " the event has in the first place the effect of ...
... nearly as possible unlimited in space and time generally , over all other market goods at economic prices . When the relatively most salable commodities have become " money , " the event has in the first place the effect of ...
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Andere Ausgaben - Alle anzeigen
Häufige Begriffe und Wortgruppen
¹ Adapted amount assignats associations bank notes bankers bills of credit bimetallism bonds borrower bullion capital cash cent certificates checks circulation cities clearing-house commercial paper commodities Congress contract debts demand denominator depositors deposits depreciation discount economic export farm farmers Federal Reserve Act Federal Reserve Bank Federal Reserve Board functions funds gold and silver gold coin gold standard grains greenbacks Gresham's law important increase index number indorsement industry investment issue labor legal tender legal-tender less liabilities loans medium of exchange member banks ment merchant monetary mortgage national banks obligations operation paid paper money payable period practice precious metals present production profit purchase purpose quantity ratio receipts received redeemed redemption result seignorage sell silver coins silver dollar specie supply tion token coins trade transactions trust companies United United States notes York
Beliebte Passagen
Seite 209 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Seite 278 - July 14, 1890, are legal tender for all debts, public and private, except where otherwise expressly stipulated in the contract. United States notes or "greenbacks" are legal tender for all debts, public and private, except duties on imports and interest on the public debt.
Seite 260 - An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.
Seite 308 - Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than six months...
Seite 461 - Federal reserve bank may discount notes, drafts, and bills of exchange! arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes...
Seite 209 - 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 292 - Upon the indorsement of any of its member banks, which shall be deemed a waiver of demand, notice and protest by such bank as to its own indorsement exclusively, any Federal reserve bank may discount notes, drafts, and bills of exchange! arising out of actual commercial transactions...
Seite 247 - There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them.
Seite 209 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...
Seite 419 - ... shall be exempt from all taxes or duties of the United States, as well as from taxation in any form by or under State, municipal, or local authority...