Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2 |
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Page 332
More- over , in 1925 the Federal Reserve Bank of New York established a credit of $ 200 million for the Bank of England . As soon as economic recovery occurred , the Federal Reserve authorities reversed their policies .
More- over , in 1925 the Federal Reserve Bank of New York established a credit of $ 200 million for the Bank of England . As soon as economic recovery occurred , the Federal Reserve authorities reversed their policies .
Page 396
to the Federal Reserve System . Specifically , it ( 1 ) established a Federal Deposit Insurance Corporation , open to all commercial banks , with a capital of $ 289 million , $ 150 million subscribed by the Treasury and the remainder ...
to the Federal Reserve System . Specifically , it ( 1 ) established a Federal Deposit Insurance Corporation , open to all commercial banks , with a capital of $ 289 million , $ 150 million subscribed by the Treasury and the remainder ...
Page 397
It made the President's power of appointment and removal of members of the Federal Reserve Board practically unlimited , set up an open- market committee independent of the Board , broadened the power of the Board over rediscounts ...
It made the President's power of appointment and removal of members of the Federal Reserve Board practically unlimited , set up an open- market committee independent of the Board , broadened the power of the Board over rediscounts ...
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Contents
The Meaning and Basic Trends of Financial History | 1 |
Monetary and International Fi nancial Policies | 4 |
26 | 7 |
Copyright | |
56 other sections not shown
Other editions - View all
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Common terms and phrases
addition administration American Annual Report authorized balance bank reserves bankers banking system became began bill Bland-Allison Act Board borrowing budget capital cash cent certificates circulation cities coin colonies commercial banks Committee Comptroller Congress corporate cost currency declined deficit demand deposits depression duties economic established estimated excises expansion export favored Federal government Federal Reserve Federal Reserve Act Federal Reserve Board Federal Reserve System finance fiscal policy foreign funds gold standard government bonds greenbacks Hoover important income tax increased inflation interest rates investment issue June land levied loans member banks ment monetary money market money supply municipal National Bank Act national banks national-bank operations paper money payments pensions period President proposed purchase receipts recommended rediscount reduced refunding repealed Reserve banks retirement revenue Secretary securities Senate silver specie spending surplus tariff taxation tion Treasury notes Treasury's United veto York