Principles of Banking: A Series of Selected MaterialsUniversity of Chicago Press, 1916 - 500 páginas |
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Página xv
... never have invaded the field of politics . While we might have had issues of paper money as a means of war finance , such issues would probably have been promptly retired , and , similarly , we should doubtless have abolished ...
... never have invaded the field of politics . While we might have had issues of paper money as a means of war finance , such issues would probably have been promptly retired , and , similarly , we should doubtless have abolished ...
Página 7
... never can be an unvarying measure of the relations of that metal or com- modity to other commodities which are constantly changing relatively to each other . The very commodity chosen as a standard can be changed in value by causes ...
... never can be an unvarying measure of the relations of that metal or com- modity to other commodities which are constantly changing relatively to each other . The very commodity chosen as a standard can be changed in value by causes ...
Página 12
... never capable of perfection - provides more nearly than anything else all the essentials of a desirable standard . 8. DIFFERENTIATION OF MONETARY FUNCTIONS2 BY W. STANLEY JEVONS It is in the highest degree important that the reader ...
... never capable of perfection - provides more nearly than anything else all the essentials of a desirable standard . 8. DIFFERENTIATION OF MONETARY FUNCTIONS2 BY W. STANLEY JEVONS It is in the highest degree important that the reader ...
Página 17
... never knew or read of any country where there were too many houses in process of erection , or too plentiful raiment , or too abundant food , nor where transportation of products was too cheap and rapid . Does anyone recognize high ...
... never knew or read of any country where there were too many houses in process of erection , or too plentiful raiment , or too abundant food , nor where transportation of products was too cheap and rapid . Does anyone recognize high ...
Página 20
... never was there a greater mistake . It takes many Adam Smiths in Political Economy to kill off forever genuine mercan- tile superstitions . The great authority , the man of millions , who is supposed to understand the theory of business ...
... never was there a greater mistake . It takes many Adam Smiths in Political Economy to kill off forever genuine mercan- tile superstitions . The great authority , the man of millions , who is supposed to understand the theory of business ...
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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...