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 2
In the eighteenth century under the influence of mercantilistic thought the national government was regarded as a tool for ... and the scope of Federal activity and finance became increasingly restricted to a minimum of services .
In the eighteenth century under the influence of mercantilistic thought the national government was regarded as a tool for ... and the scope of Federal activity and finance became increasingly restricted to a minimum of services .
Page 4
Government expenditures - national , state , and local combined - rose from 2 or 3 per cent of the national income ... In the Federal government , the expenditures for past and future wars continued to be dominant , but expenditures for ...
Government expenditures - national , state , and local combined - rose from 2 or 3 per cent of the national income ... In the Federal government , the expenditures for past and future wars continued to be dominant , but expenditures for ...
Page 8
From the outset , the ability of the Federal government to raise revenue exceeded its need for revenue , whereas the ... For this reason the Federal government frequently had large surpluses , but in the state and local governments the ...
From the outset , the ability of the Federal government to raise revenue exceeded its need for revenue , whereas the ... For this reason the Federal government frequently had large surpluses , but in the state and local governments the ...
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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