A Treatise on Currency and BankingGrigg & Elliot, 1840 - 323 páginas |
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Página vii
... payments , 134 CHAPTER II . Of the fluctuations in the market price of specie and of bills of exchange under an inconvertible paper currency , CHAPTER III . - Of the true character and effects of a gene- ral suspension of payments by ...
... payments , 134 CHAPTER II . Of the fluctuations in the market price of specie and of bills of exchange under an inconvertible paper currency , CHAPTER III . - Of the true character and effects of a gene- ral suspension of payments by ...
Página xiv
... pay in specie , sus- pended payment again . This event took place first in Philadelphia , on the 9th of October , 1839 , and was followed by the rest in rapid succession , leaving only New York and New England in the enjoyment of a ...
... pay in specie , sus- pended payment again . This event took place first in Philadelphia , on the 9th of October , 1839 , and was followed by the rest in rapid succession , leaving only New York and New England in the enjoyment of a ...
Página 13
... payment . The foreign commerce of a nation is usually of two kinds . The first is that wherein the export and im ... pay- ment . The same is true of the whale and other fish- eries , wherein although the amount imported may far exceed in ...
... payment . The foreign commerce of a nation is usually of two kinds . The first is that wherein the export and im ... pay- ment . The same is true of the whale and other fish- eries , wherein although the amount imported may far exceed in ...
Página 19
... payment of the balance . Na- tional accounts current are never settled . The balance may be one way to - day and another way to - morrow , and as there is no general pay day , like the first of January , upon which a general balance is ...
... payment of the balance . Na- tional accounts current are never settled . The balance may be one way to - day and another way to - morrow , and as there is no general pay day , like the first of January , upon which a general balance is ...
Página 21
... payment of which they could not be put on shipboard , but include no frieght , or insurance ; and where they are made out in Brazil , Buenos Ayres or other coun- tries , where a depreciated paper currency exists , due allowance is made ...
... payment of which they could not be put on shipboard , but include no frieght , or insurance ; and where they are made out in Brazil , Buenos Ayres or other coun- tries , where a depreciated paper currency exists , due allowance is made ...
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Términos y frases comunes
amount association augmented authorised balance of trade bank notes bank of discount Bank of England banker banks of circulation bills of exchange borrowers Brandon Bank bullion capital CHAPTER CHIG circulating notes coinage commercial commodities comptroller congress consequently contract creditors debtors debts demand deposites depreciation eagle England equal equivalent established existing exportation extent five foreign funds gold and silver gold coins imports individuals interest issues legal tender legislature lend less liability loans loss ment merchants millions of dollars mortgages operations ounce of pure paid paper currency paper money payable period persons Philadelphia possession pound sterling precious metals premium principle profit promissory notes proportion purchase pure gold quantity received relative value rency render seignorage silver coins six per cent sold specie payments standard silver suspension things tion true United UNIV usury value of gold whilst York
Pasajes populares
Página 250 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Página 202 - ... to carry on the business of banking by obtaining and issuing circulating notes in accordance with the provisions of this act; by discounting bills, notes, and other evidences of debt...
Página 243 - ... as he may from time to time deem necessary to carry into effect the provisions of this act, and of such form as he may prescribe. Such blank circulating notes shall be countersigned, numbered and registered in proper books to be provided and kept for that purpose in the office of said...
Página 248 - The names and places of residence of the shareholders and the number of shares held by each of them. Fifth. The fact that the certificate is made to enable such persons to avail themselves of the advantages of this Title.
Página 250 - Such as shall have been purchased at sales upon judgments, decrees or mortgages obtained or made for such debts; and it shall not be lawful for any company incorporated as aforesaid to purchase, hold or convey real estate in any other case or for any other purpose...
Página 249 - ... transferable on the books of the association in such manner as may be prescribed in the by-laws or articles of association ; and every person becoming a shareholder by such transfer shall, in proportion to his shares, succeed to all the rights and liabilities of the prior holder of such shares, and no change shall be made in the articles of association...
Página 249 - It shall be lawful for any association of persons organized under this act, by their articles of association, to provide for an increase of their capital, and of the number of the association.
Página 248 - Such persons, under their hands and seals, shall make a certificate which shall specify: — 1. The name assumed to distinguish such association, and to be used in its dealings.
Página 223 - That a committee be appointed to inquire whether it be expedient to make any amendments in the laws which regulate the coins of the United States and foreign coins." On the 26th of January, 1819, Mr. Lowndes, as chairman of the committee appointed under this resolution, made a detailed report, favorable to a change in the mint proportion. This report was accompanied by a bill, providing as follows. 1. That there should be retained by the...
Página 289 - A committee of the Senate of that State, appointed in December, 1819, to inquire into the extent and causes of the present general distress, ascribe it, as we do, to the improvident creation of so many banks, as will appear from the following extract from their report : "At the following session the subject was renewed with increased ardor...