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 140
... but Chase managed to get along by borrowing from hand to mouth and by postponing the payment of bills . Loan and Tax Acts of July and August , 1861. In July , 1861 , Congress met in special session to find ways and means to finance ...
... but Chase managed to get along by borrowing from hand to mouth and by postponing the payment of bills . Loan and Tax Acts of July and August , 1861. In July , 1861 , Congress met in special session to find ways and means to finance ...
Page 174
CHANGES IN FEDERAL DEBT , 1865-1889 ( In millions of dollars ) August 31 , 1865 July 1 , 1870 | July 1 , 1875 July 1 , 1880 Funded debt : 3 per cent bonds .... 4 per cent bonds . $ 14.0 0.6 $ 14.0 $ 14.0 $ 14.0 0.7 739.3 41⁄2 per cent ...
CHANGES IN FEDERAL DEBT , 1865-1889 ( In millions of dollars ) August 31 , 1865 July 1 , 1870 | July 1 , 1875 July 1 , 1880 Funded debt : 3 per cent bonds .... 4 per cent bonds . $ 14.0 0.6 $ 14.0 $ 14.0 $ 14.0 0.7 739.3 41⁄2 per cent ...
Page 559
The recession hit bottom in the spring of 1958 , but the System did not shift its policy until late in July , when the goal of open - market operations was changed to " recapturing redundant reserves .
The recession hit bottom in the spring of 1958 , but the System did not shift its policy until late in July , when the goal of open - market operations was changed to " recapturing redundant reserves .
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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