Principles of Banking: A Series of Selected MaterialsUniversity of Chicago Press, 1916 - 500 páginas |
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Página 7
... persons in any one city to enable them readily to compare ideas . Before property can be conveniently traded in , or exchanged , its value must be expressed in terms of a common denominator of value . There is , however , no absolute ...
... persons in any one city to enable them readily to compare ideas . Before property can be conveniently traded in , or exchanged , its value must be expressed in terms of a common denominator of value . There is , however , no absolute ...
Página 20
... persons employed in England in making goods or raising some kind of produce for the market of France , and forty thousand in France for the market of England , then we must pay these additional 30,000 Frenchmen in gold and silver ; that ...
... persons employed in England in making goods or raising some kind of produce for the market of France , and forty thousand in France for the market of England , then we must pay these additional 30,000 Frenchmen in gold and silver ; that ...
Página 25
... persons arise , not from a deficiency of money , of counters in circulation ; but from their own want of property , want of skill , address , or opportunity of getting more money ; or perhaps only for want of frugality , in spending ...
... persons arise , not from a deficiency of money , of counters in circulation ; but from their own want of property , want of skill , address , or opportunity of getting more money ; or perhaps only for want of frugality , in spending ...
Página 28
... person usually desired to employ in pro- duction or exchange whatever gold or silver might come to him ; for he had many uses for other kinds of capital and could ill afford to keep on hand a stock of money that appeared to be an idle ...
... person usually desired to employ in pro- duction or exchange whatever gold or silver might come to him ; for he had many uses for other kinds of capital and could ill afford to keep on hand a stock of money that appeared to be an idle ...
Página 29
... person who desires to obtain an object that he has not produced ( and the immense majority of people are thus situated ) can get it only by means of two operations : first , by exchanging the product of his labor , or his labor itself ...
... person who desires to obtain an object that he has not produced ( and the immense majority of people are thus situated ) can get it only by means of two operations : first , by exchanging the product of his labor , or his labor itself ...
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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...