Proceedings of the ... Annual Meeting of the National Board of Trade, Volumen41J. H. Eastburn's Press, 1911 |
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Página 31
... central bank system , as shown in the publication of the National Monetary Commission , has been adopted by nearly all the leading countries of the world and has been found everywhere to successfully meet and provide for the varying ...
... central bank system , as shown in the publication of the National Monetary Commission , has been adopted by nearly all the leading countries of the world and has been found everywhere to successfully meet and provide for the varying ...
Página 32
... bank notes are essentially inelastic , because they do not expand nor contract in accordance with the demands of ... Central Bank should be subscribed only by National banks and trust companies , with limitations not only upon the ...
... bank notes are essentially inelastic , because they do not expand nor contract in accordance with the demands of ... Central Bank should be subscribed only by National banks and trust companies , with limitations not only upon the ...
Página 33
... bank notes equal in amount to the paid - up capital of the banks and for larger amounts in case of necessity , and ... central bank , which would necessarily be under the control either of the Government or of a comparatively limited num ...
... bank notes equal in amount to the paid - up capital of the banks and for larger amounts in case of necessity , and ... central bank , which would necessarily be under the control either of the Government or of a comparatively limited num ...
Página 34
... central- ized system , adapted to American conditions , and without prejudice to our present National bank system , but supplementary thereto . This central institution should be a bank for banks only , its main purpose rediscounting for ...
... central- ized system , adapted to American conditions , and without prejudice to our present National bank system , but supplementary thereto . This central institution should be a bank for banks only , its main purpose rediscounting for ...
Página 125
... bank ; and inasmuch as the failures of all banks up to this time have been , I am told , less than 1-13 of 1 per ... central banks . In view of Mr. WARBURG's splendid work and his en- thusiastic advocacy of a central bank , I am rather ...
... bank ; and inasmuch as the failures of all banks up to this time have been , I am told , less than 1-13 of 1 per ... central banks . In view of Mr. WARBURG's splendid work and his en- thusiastic advocacy of a central bank , I am rather ...
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Términos y frases comunes
ACHILLE STARACE ACKER adopted American merchant marine annual meeting Applause appointed association Baltimore banking and currency banking system believe bills of lading Board of Managers Board of Trade body Boston branch banking cent central bank Chairman Chamber of Commerce coal lands commercial exchanges committee Congress consular service consuls convention currency system delegates Department desire diplomatic and consular England favor FERNLEY foreign forest FRANK HOWARD gentlemen gold Government grain important institution interests Italian Chamber JOEL COOK LANNE legislation manufacturing member-banks ment merchant marine Monetary Conference National banks National Board National Monetary Commission panic Philadelphia Pittsburg present President PRESIDENT.-The Chair proposition question recommends regulations represent reserves resolution Resolved rivers and harbors Scranton Secretary Senator Aldrich ships tariff tion to-day United urges vote VREELAND Washington waterways WHEREAS Wilmington York
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Página 86 - An Act making appropriations for the service of the Post Office Department for the fiscal year ending June thirtieth, eighteen hundred and eighty, and for other purposes...
Página 247 - People will endeavor to forecast the future and to make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating catastrophes, equalizing prices and providing for periods of want.
Página 247 - Speculation of this kind by competent men is the selfadjustment of society to the probable. Its value is well known as a means of avoiding or mitigating catastrophes, equalizing prices, and providing for periods of want. It is true that the success of the strong induces imitation by the weak, and that incompetent persons bring themselves to ruin by undertaking to speculate in their turn.
Página 250 - They localize industrial risks among a commercial class whose special function it is to distribute surplus supplies over deficit times and places in such a way as to lessen the uncertainty of producers and consumers. 2. — They relieve producers and consumers from carrying a whole year's stock, enabling the...
Página xi - To select, from among its members, a chairman and other officers, and to adopt such rules and regulations for the conduct of its business as it may deem advisable...
Página 30 - States releases of all claims against the United States for or on account of said bonds or certificates in such form as shall be prescribed by the Secretary of the Treasury and approved by the President of the United States.
Página 249 - They focus intelligence from all lands, and the prospects for the whole year, by bringing together minds trained to weigh such intelligence and to forecast the prospects.
Página 247 - It is true that the success of the strong induces imitation by the weak, and that incompetent persons bring themselves to ruin by undertaking to speculate in their turn. But legislatures and courts generally have recognized that the natural evolutions of a complex society are to be touched only with a very cautious hand, and that such coarse attempts at a remedy for the waste incident to every social function as a simple prohibition and laws to stop its being are harmful and vain.
Página 185 - These resolutions read as follows : Resolved, That there be appointed by the Chairman of this conference a committee of seven, to organize a Business Men's Monetary Reform League which shall have its main office in Chicago with branches in the various centers of the United States where local committees shall constitute the management. The object of this league shall be to carry on an active campaign of education and propaganda for monetary reform...
Página 43 - actually ascertained," and that the third clause be changed to read so that the return will be based on the last completed fiscal year prior to December 3ist, in cases where the fiscal year of a corporation is not the calendar year. Yours very truly, DELOITTE, PLENDER, GRIFFITHS Co., 49 Wall Street.