Principles of Banking: A Series of Selected MaterialsUniversity of Chicago Press, 1916 - 500 páginas |
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Página 55
... cent ; and between the most distant parts of the world it does not exceed from 2 to 3 per cent . c ) Indestructibility . - If it is to be passed about in trade , and kept in reserve , money must not be subject to easy deterioration or ...
... cent ; and between the most distant parts of the world it does not exceed from 2 to 3 per cent . c ) Indestructibility . - If it is to be passed about in trade , and kept in reserve , money must not be subject to easy deterioration or ...
Página 82
... cent per ounce to four cents per ounce , depending upon the amount of base metals and copper alloy contained . For instance , where bullion contains from 950 to 991 thousandths , inclusive , of gold and not more than 30 thousandths base ...
... cent per ounce to four cents per ounce , depending upon the amount of base metals and copper alloy contained . For instance , where bullion contains from 950 to 991 thousandths , inclusive , of gold and not more than 30 thousandths base ...
Página 91
... cent of that metal , and this proportion sank afterwards to 2 per cent . What a government gains by making its payments in corrupted coin is always more than lost in the revenue which it receives . The debasement of the coinage means a ...
... cent of that metal , and this proportion sank afterwards to 2 per cent . What a government gains by making its payments in corrupted coin is always more than lost in the revenue which it receives . The debasement of the coinage means a ...
Página 113
... cent change on both sides , which would be required to exactly restore the former ratio of demand to supply . Very likely a 12 per cent increase in the monetary demand for silver and a corresponding decrease in that for gold would be ...
... cent change on both sides , which would be required to exactly restore the former ratio of demand to supply . Very likely a 12 per cent increase in the monetary demand for silver and a corresponding decrease in that for gold would be ...
Página 143
... cent of each loan to be paid back each year ; 9 per cent to be applied to the extinction of the principal , I per cent covering the interest . In that way it would be possible to redeem every mortgaged farm in the land within fifteen ...
... cent of each loan to be paid back each year ; 9 per cent to be applied to the extinction of the principal , I per cent covering the interest . In that way it would be possible to redeem every mortgaged farm in the land within fifteen ...
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Otras ediciones - Ver todas
Principles of Banking: A Series of Selected Materials Harold Glenn Moulton Sin vista previa disponible - 2015 |
Términos y frases comunes
Adapted amount assignats bank notes banker bills of credit bimetallism bonds borrower bullion dollar called capital cash cent certificates checks circulation clearing-house coinage of silver collateral commercial paper commodities Congress contract creditor debtor debts demand deposits depreciation discount economic export funds gold and silver gold coin gold standard grains greenbacks Gresham's law holder important increase index number indorser industry instrument interest investment issue labor legal tender legal-tender less liabilities loans medium of exchange ment merchant millions monetary National Bank National Monetary Commission negotiable instrument obligations operations paper currency paper money party payable period precious metals present production profits purchase quantity ratio receipts receive redeemed redemption reserve result seignorage sell Senate silver certificates silver coins silver dollar tion token coins trade transactions treasury notes trust companies United States notes York
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...