A History of Currency in the United StatesMacmillan Company, 1915 - 552 páginas |
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Página 9
... discount . The volume of business , both domestic and foreign , had grown and prosperity was general . Capital was urgently needed , as it ever is in new countries , for various purposes , and the easiest way to raise it seemed to be to ...
... discount . The volume of business , both domestic and foreign , had grown and prosperity was general . Capital was urgently needed , as it ever is in new countries , for various purposes , and the easiest way to raise it seemed to be to ...
Página 75
... discounts and credits and the use of checks operated to supplement the stock of coin and foster trade and commerce . He demonstrated that the organization of such a bank of issue would enable the country to obtain a manifold use of the ...
... discounts and credits and the use of checks operated to supplement the stock of coin and foster trade and commerce . He demonstrated that the organization of such a bank of issue would enable the country to obtain a manifold use of the ...
Página 79
... Constitu- tion . The Bank of the United States has , constitutionally , a right to estab- lish its branches or offices of discount and deposit within any state . " The state within which such branch may be established PAPER CURRENCY 79.
... Constitu- tion . The Bank of the United States has , constitutionally , a right to estab- lish its branches or offices of discount and deposit within any state . " The state within which such branch may be established PAPER CURRENCY 79.
Página 83
... discounts . A very important provision was that three - fourths of the stock had to be paid for in 6 per cent . bonds of the United States then being issued . Thus the government was to be ma- terially assisted at the outset in floating ...
... discounts . A very important provision was that three - fourths of the stock had to be paid for in 6 per cent . bonds of the United States then being issued . Thus the government was to be ma- terially assisted at the outset in floating ...
Página 89
... discount on some issues reached 23 per cent . In New York and Philadelphia 16 per cent . was the maximum discount . Bos- ton and New England notes alone were quoted on a par with specie . The range of the discounts by years was : 1814 ...
... discount on some issues reached 23 per cent . In New York and Philadelphia 16 per cent . was the maximum discount . Bos- ton and New England notes alone were quoted on a par with specie . The range of the discounts by years was : 1814 ...
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Términos y frases comunes
amount authorized balance bank circulation bill bimetallic branches bullion capital stock cash cent central reserve centum charter clearing-house coinage of silver commercial committee Comptroller Congress Constitution currency system debt demand Democrats deposits depreciated directors discount equal exchange EXPORTS favor Federal Reserve Act Federal reserve bank Federal Reserve Board Federal reserve notes Finance Reports France free coinage fund gold and silver gold coin gold reserve gold standard greenbacks House increased interest John Jay Knox lawful money legal tender notes legislation loans measure member bank ment Monetary National Monetary Commission note-issues paid paper currency paper money party payment premium President purchase ratio received redeem redemption regional reserve associations Reichsbank Republicans reserve agent reserve cities resumption retirement revenue Secretary secured Senate silver certificates silver dollars specie surplus tion Treasury notes United States notes volume vote York