Principles of Money and Banking: A Series of Selected MaterialsUniversity of Chicago Press, 1916 - 785 páginas |
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Página 12
... payments . Whenever a contract is made covering a period of time , within which serious changes in the economic world may take place , then difficulties may arise as to what is a just standard of payments . Various articles might serve ...
... payments . Whenever a contract is made covering a period of time , within which serious changes in the economic world may take place , then difficulties may arise as to what is a just standard of payments . Various articles might serve ...
Página 13
... payments in quantities depending upon its current value in silver , while corn was required by the Act 18th ... pay in the same money in which the prices of things are calculated . As few people have the time or patience to investigate ...
... payments in quantities depending upon its current value in silver , while corn was required by the Act 18th ... pay in the same money in which the prices of things are calculated . As few people have the time or patience to investigate ...
Página 82
... PAYMENTS ON DEPOSITS In case of deposits , the fineness of which may be readily determined approximately by inspection , payment may , at the discretion of the super- intendents of the coinage mints and the assay office at New York , be ...
... PAYMENTS ON DEPOSITS In case of deposits , the fineness of which may be readily determined approximately by inspection , payment may , at the discretion of the super- intendents of the coinage mints and the assay office at New York , be ...
Página 116
... payments . In 1774 this state of facts was recognized by legislation , and the legal - tender power of silver coin was limited to £ 25 in any one payment , an excess of that amount being paid by weight at the rate of 3s . 2d . to the ...
... payments . In 1774 this state of facts was recognized by legislation , and the legal - tender power of silver coin was limited to £ 25 in any one payment , an excess of that amount being paid by weight at the rate of 3s . 2d . to the ...
Página 125
... payment of a debt in large amounts of over- valued coins , these being of small denominations and hence heavy and cumbrous in large sums , would be a serious inconvenience . If , there- fore , the legal - tender quality conferred on ...
... payment of a debt in large amounts of over- valued coins , these being of small denominations and hence heavy and cumbrous in large sums , would be a serious inconvenience . If , there- fore , the legal - tender quality conferred on ...
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Otras ediciones - Ver todas
Principles of Money and Banking: A Series of Selected Materials Harold Glenn Moulton Vista completa - 1916 |
Principles of Money and Banking: A Series of Selected Materials Harold Glenn Moulton Vista completa - 1916 |
Principles of Money and Banking: A Series of Selected Materials Harold Glenn Moulton Vista completa - 1916 |
Términos y frases comunes
¹ Adapted amount assignats associations bank notes bankers bills of credit bimetallism bonds borrower bullion capital cash cent certificates checks circulation cities clearing-house commercial paper commodities Congress contract debts demand denominator depositors deposits depreciation discount economic export farm farmers Federal Reserve Act Federal Reserve Bank Federal Reserve Board functions funds gold and silver gold coin gold standard grains greenbacks Gresham's law important increase index number indorsement industry investment issue labor legal tender legal-tender less liabilities loans medium of exchange member banks ment merchant monetary mortgage national banks obligations operation paid paper money payable period practice precious metals present production profit purchase purpose quantity ratio receipts received redeemed redemption result seignorage sell silver coins silver dollar specie supply tion token coins trade transactions trust companies United United States notes York
Pasajes populares
Página 209 - 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 260 - 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 308 - 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 461 - 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 209 - 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 292 - 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 247 - There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them.
Página 209 - 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 419 - ... 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...