Principles of Banking: A Series of Selected MaterialsUniversity of Chicago Press, 1916 - 500 páginas |
Dentro del libro
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Página 5
... contracts payable in goods were uncertain , for goods , even of the same kind , differ in value . One horse is worth more than another horse ; wheat off one field is better than wheat off another ; cows , horses , swine , etc. , wheat ...
... contracts payable in goods were uncertain , for goods , even of the same kind , differ in value . One horse is worth more than another horse ; wheat off one field is better than wheat off another ; cows , horses , swine , etc. , wheat ...
Página 11
... contracts there is always the possibility that the money which constitutes the legal means of payment may change in value , and at the expiration of the contract stand for a greater or less purchasing power in terms of other commodities ...
... contracts there is always the possibility that the money which constitutes the legal means of payment may change in value , and at the expiration of the contract stand for a greater or less purchasing power in terms of other commodities ...
Página 12
... contract is made covering a period of time , within which serious changes in the economic world may take place ... contract that they occupied at its beginning . This implies that the chosen article should maintain the same exchange ...
... contract is made covering a period of time , within which serious changes in the economic world may take place ... contract that they occupied at its beginning . This implies that the chosen article should maintain the same exchange ...
Página 13
... contracts extending over many years . A great mass of payments too are invariably fixed by law , such as tolls , fees , and tariffs or charges ; many other payments are fixed by custom . Accordingly , even if the medium of exchange ...
... contracts extending over many years . A great mass of payments too are invariably fixed by law , such as tolls , fees , and tariffs or charges ; many other payments are fixed by custom . Accordingly , even if the medium of exchange ...
Página 23
... contract for the building of the new courthouse was let to the Knoxville firm only because their bid was $ 1,800 under that of our fellow - citizen , James R. Robertson . Robertson , as we are all aware , is an expert at this line of ...
... contract for the building of the new courthouse was let to the Knoxville firm only because their bid was $ 1,800 under that of our fellow - citizen , James R. Robertson . Robertson , as we are all aware , is an expert at this line of ...
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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...