Principles of Banking: A Series of Selected Materials

Portada
University of Chicago Press, 1916 - 500 páginas
 

Comentarios de la gente - Escribir un comentario

No encontramos ningún comentario en los lugares habituales.

Contenido

PAGE
128
INTERNATIONAL BIMETALLISM 81 The Theory of International Bimetallism
129
International Bimetallic Conferences Maurice L Muhleman
132
GOVERNMENT PAPER MONEY INTRODUCTION
134
A ADVANTAGES OF PAPER CURRENCY 84 Types of Government Paper Money
136
The Origin of Representative Money W Stanley Jevons
137
Chinese Paper Money in the Thirteenth Century Marco Polo
139
Paper Money and Prosperity Retford Currency Society
141
Recent Arguments for Paper Money Century Magazine
143
90 The French Assignats and Mandats Century Magazine
144
The Periodicity of Fluctuations in Trade S J Chapman
147
South Carolinas First Paper Money Sound Currency
148
The Nature and Advantages of Bank Acceptances
152
Summary of Colonial Issues Horace White
153
93 The Issue of Continental Bills of Credit Charles J Bullock
154
Effects of Continental Currency on Debtors and Creditors David Ramsay
155
The Spirit of the Times
157
Paper Currency of the Confederacy G C Eggleston
159
A Sample Confederate Note Reproduction
162
Fluctuations in Value of Greenbacks Chart
168
Greenbacks and the Cost of the Civil War Wesley C
169
Klein
173
Paper Money and Subsidiary Currency Roland P Falkner
174
THE AFTERMATH OF THE GREENBACKS 105 A Chronology of the Greenbacks
178
The Greenback Movement Murray S Wildman
179
The Frontier Farmer and Greenbackism Clyde O Ruggles
186
Objections to Resumption of Specie Payments Benjamin Butler
187
The Resumption of Specie Payments Alexander D Noyes
189
Constitutionality of the LegalTender Notes Davis R Dewey
192
The Greenback Party Platform of 1878
197
The Populist Party Platform of 1896
198
Natural Money The Peaceful Solution John Raymond Cummings
199
Irredeemable Paper Always Bad John Witherspoon
205
118 Guides for the Control of Paper Money Charles Gide
206
Paper Money and the Foreign Exchanges Francis A Walker
208
THE SILVER MOVEMENT IN THE UNITED STATES INTRODUCTION
210
The Indictment J P Dunn
212
The Defense James T McCleary
213
An Economists View of the Act of 1873 Francis A Walker
216
The BlandAllison Act of 1878
218
The Sherman Act of 1890 Horace White
219
126 The Silver Debate of 1890 Robert F Hoxie
220
The Viewpoint of the Debtor Masses D W Voorhees
228
B THE RESULTS OF THE SILVER AGITATION 129 Difficulties under the BlandAllison Act Indianapolis Monetary Commission
229
Currency Receipts from Customs Duties 187898 Chart
231
Greenback and Treasury Note Redemption and Gold
232
THE CLOSE OF THE SILVER CONTROVERSY
241
THE CONTROL
258
THE EXISTING SYSTEM OF THE UNITED STATES
276
THE VARIOUS FORMS AND SERVICES OF BANKING
3
THE NATURE AND FUNCTIONS OF CREDIT
12
INSTRUMENTS OF COMMERCIAL CREDIT
31
PRINCIPLES OF COMMERCIAL BANKING
49
B ANALYSIS OF BANK LOANS
66
RELATIONS BETWEEN BANKS
94
Loans of New York Banks and ClearingHouse Balances
101
47 The Origin of ClearingHouses in the United States James G Cannon
102
The Principle Involved in Clearing Charles F Dunbar 103
103
Organization and Operation of ClearingHouses James G Cannon 104
104
Special Functions of ClearingHouses James G Cannon 108
108
Clearings of NonMember Banks in Chicago James G Cannon 113
113
Lost Motion in Collecting Checks James C Hallock 115
115
Correspondent Relations between Banks William A Scott 116
116
The Concentration of Money in Great Financial Centers 118
118
Examples of Rapid Concentration of Funds Fred M Taylor 119
119
New York the Great Financial Center O M W Sprague 120
120
Rediscounting by National Banks Lawrence O Murray I 22
123
a Seasonal 61 Seasonal Variations in New York Money Market Edwin Walter Kemmerer I 25
125
Seasonal Variations in Other Centers Edwin Walter Kem merer 128
128
The Theory of Domestic Exchange William A Scott 129
129
Exchange Rates and Movements of Currency to and from Chicago Edwin Walter Kemmerer 132
132
Interest on Deposits and Seasonal Distırbances William A Richardson 135
135
Seasonal Fluctuations and Commercial Failures Edwin Walter Kemmerer 136
136
Seasonal Variations in Supply of Currency Edwin Walier Kemmerer 137
137
Inelasticity of Currency for Seasonal Needs Comptroller of the Currency 139
139
Historical Summary David Kinley 140
140
Results of the Isolation of Public Funds Murray S Wildmun 142
142
Treasury Aid for Seasonal Stringency Journal of Political Economy 144
144
Crises and Panics in the United States 148
148
The Rhythm of Business Activity Wesley C Mitchell 150
150
Seasonal Variations and Panics Edwin Walter Kemmerer 157
157
Banking Conditions during Depressions Walter W Stewart 159
159
Banking Policy in Periods of Expanding Business 0 M
160
Banking Policy Immediately Preceding a Crisis 0 M W Sprague 163
163
A Sample Foreboding Elliot C McDougal 165
165
Independent Banking the Cause of Inflation Victor Mora wetz 167
167
The Character of the Panic of 1893 Alexander D Noyes 170
170
Events in the Panic of 1907 Ralph Scott Harris 172
172
The Hoarding of Currency in 1893 J DeWitt Warner 173
173
The Strain upon New York in Time of Panic O M W Sprague 174
174
Suspension of Specie Payments O M W Sprague 175
175
The New York View of Interior Currency Shipments Current Economic Problems 177
177
Position of Banks in Time of Panic H J Davenport 180
180
Treasury Aid in Time of Crisis David Kinley 181
181
The Need in Time of Crisis J Laurence Laughlin 184
184
BondSecured Notes and Cyclical Elasticity Indianapolis Monetary Commission 185
185
Interest on Deposits and Bank Note Elasticity 0 M W Sprague 187
187
Government Versus vate ntrol The Outlook 206
206
B REGULATION OF NATIONAL BANK OPERATIONS 103 Capital Surplus and Shareholders Liability 207
207
Reasons for Legal Regulation of Reserves Charles A Conant 209
209
Restrictions on Loans 210
210
Objections to Loans on Real Estate Pratts Digest 212
212
Causes of National Bank Failures Comptroller of the Currency 213
213
REGULATION OF STATE BANKING 110 Growth and Importance of State Banks and Trust Companies Chart 215
215
Summary of Legislation Affecting State Banks John Franklin Ebersole 217
217
The Functions of Trust Companies Ralph W Davis 219
219
The Banking Functions of Trust Companies F B Kirk bride and J E Sterrett 221
221
Causes of the Growth of Trust Companies Clay Herrick 222
222
The Regulation of Trust Companies John Franklin Eber sole 223
223
Trust Company Failures Clay Herrick 224
224
117 Methods of Bank Note Regulation Fred M Taylor 225
225
The Currency Versus the Banking Principle N G Pierson 230
230
119 The Rhode Island Land Bank Century Magazine 235
235
Early State Bank Note Issues Davis R Dewey 239
239
Note Issues under the Free Banking System John Jay Knox 243
243
The SafetyFund Banks John Jay Knox 246
246
123 The Argument for Asset Currency Indianapolis Monetary Commission 247
247
The Need of a System of Redemption Indianapolis Mone tary Commission 248
248
Reasons for Establishing the National Banking System Andrew McFarland Davis 253
253
The Protest against National Bank Issues Horace Boies 255
255
Double Profit on BankNote Issues R W Jones 257
257
THE FEDERAL RESERVE SYSTEM INTRODUCTION 259
259
A GENERAL DESCRIPTION OF THE SYSTEM 130 The Creation of the Federal Reserve System C W Barron 262
262
The Underlying Purpose of the Act C W Barron 264
264
A Birdseye View of the Federal Reserve System Charles S Hamlin 265
265
The Federal Reserve Districts 268
268
Comparative Data on Districts Journal of Political Economy 269
269
Superiority of District over Central Bank Plan J Laurence Laughlin 270
270
Reasons for Choice of Districts The Organization Committee 271
271
Criticism of the Districts Chosen Journal of Political Economy 273
273
The Federal Reserve Board E E Agger 276
276
Functions of the Reserve Banks Federal Reserve Board 277
277
The Directors of the Federal Reserve Banks Milton C
280
B THE PRACTICAL WORKING OF THE SYSTEM 141 Defects to be Remedied by the Act J Laurence Laughlin 282
282
Three Types of Bank Notes in the Future Thomas Conway and Ernest M Patterson 283
283
Elasticity of Notes under the New Law Fred M Taylor
287
Elasticity of Credit under the New Law J Laurence Laughlin
295
Aid in the Moving of Crops under the New System Federal Reserve Board
298
Greenbacks and the Federal Reserve System A D Welton
299
Rediscounting and Expansibility of Deposits E E Agger
300
Discount Rates Established Federal Reserve Board
303
Present Discount Rates Federal Reserve Bulletin
304
Rediscounts between Federal Reserve Banks Federal Re serve Board
305
Guaranty Trust Company of New York
307
Provisions Governing Bankers Acceptances Federal Re serve Board
309
Domestic Acceptances Provided For Federal Reserve Board
312
Federal Reserve Banks and the Foreign Exchanges E E Agger
314
OpenMarket Operations Federal Reserve Board
316
Time Deposits and Savings Accounts Federal Reserve Board
318
Combined Statements of Federal Reserve Banks Federal Reserve Bulletin
321
Clearings under the New System Federal Reserve Board
322
InterDistrict Collections Milton C Elliot
324
RELATION OF THE SYSTEM TO OTHER BANKING INSTITUTIONS 162 Membership of State Banks in the Federal Reserve System Journal of P...
325
A State Bankers View of the Federal Reserve System Frank N Briggs
327
The Attitude of the Federal Reserve Board Charles S Hamlin
329
New Yorks New State Banking Law Theo H Price
330
The Trust Companies and the Federal Reserve Act Journal of Political Economy
333
Department Store Banking The Annalist
335
The Federal Reserve System Not a Harmonizing Agency A D Welton
336
COOPERATIVE BANKING AGENCIES INTRODUCTION
338
A THE LOAN SHARKS 169 The Salary Loan Business in New York City Clarence W Wassam
339
Efforts at Remediation Arthur H Ham
343
The LoanShark Campaign Malcolm W Davis
345
The Morris Plan of Loaning on Personal Responsibility Literary Digest
347
B COOPERATIVE INSTITUTIONS 173 Cooperative Credit Unions Arthur H Ham and Leonard G Robinson
348
BUILDING AND LOAN ASSOCIATIONS
350
The Blessings of Cooperative Banks Henry W Wolf
353
State Rural Credit Legislation The Outlook
396
The Federal Farm Loan Act
397
ShortTime Personal Credits Not Provided Journal of Political Economy
401
INVESTMENT BANKING INSTITUTIONS INTRODUCTION
402
Types of Savings Institutions William H Kniffen Jr
403
Mutual Savings Banks in the United States Comptroller of the Currency
406
Stock Savings Banks in the United States Comptroller of the Currency
407
Savings in National Banks Comptroller of the Currency
408
The Regulation of Savings Banks Homer Hoyt
409
Liquidity Needed in Savings Bank Investments George E Edwards
412
School Savings Banks Sara Louisa Oberholtzer
418
The Argument for Postal Savings Banks George von L
419
Some Details of the Postal Savings System Postmaster General
421
Success of the Postal Savings System PostmasterGeneral
423
The Future of Savings Banks Milton W Harrison
425
Life Insurance Companies as Investment Institutions A S Johnson
426
Investments of Insurance Companies Robert Lynn Cox
427
B INVESTMENT BANKS OR BOND HOUSES 213 The Marketing of Bonds Theo H Price
429
The Practical Operation of Bond Houses Lawrence Cham berlain
434
The Basis of Bond Values Theo H Price
439
THE INTERRELATIONS OF FINANCIAL OPERATIONS INTRODUCTION
441
A INVESTMENT OPERATIONS OF COMMERCIAL BANKS 216 The Relation of the Banks to Stock Exchange Securities Jacob H Hollander
442
Investment Loans of Commercial Banks C W Barron
448
The Misuse of Commercial Bank Funds H M Geiger
449
B THE FEDERAL RESERVE SYSTEM AND INVESTMENT OPERATIONS
460
FINANCIAL CONCENTRATION AND CONTROL
471
Derechos de autor

Otras ediciones - Ver todas

Términos y frases comunes

Pasajes populares

Página 205 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Página 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.
Página 205 - Loans (Sec. 5200). —The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part of the amount of the capital stock of such association actually paid in.
Página 258 - 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.
Página 306 - 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...
Página 457 - 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...
Página 205 - 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.
Página 290 - 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...
Página 205 - 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...
Página 415 - ... 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...

Información bibliográfica