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 138
In June , 1860 , Congress authorized a $ 21 million bond issue to fund the accumulated short - term debt . In September Secretary Cobb offered $ 10 million of bonds at 5 per cent , and they were taken at or above par .
In June , 1860 , Congress authorized a $ 21 million bond issue to fund the accumulated short - term debt . In September Secretary Cobb offered $ 10 million of bonds at 5 per cent , and they were taken at or above par .
Page 269
The project met with little success , but it impelled the United States to take action , and in 1902 Congress authorized the President to acquire the rights and properties of the French company at a cost not to exceed $ 40 million .
The project met with little success , but it impelled the United States to take action , and in 1902 Congress authorized the President to acquire the rights and properties of the French company at a cost not to exceed $ 40 million .
Page 383
It approved the action of March 6 and gave the President wide powers over specie transactions ; authorized the Secretary of the Treasury to require the transfer of all gold and gold certificates to the Treasury of the United States ...
It approved the action of March 6 and gave the President wide powers over specie transactions ; authorized the Secretary of the Treasury to require the transfer of all gold and gold certificates to the Treasury of the United States ...
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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 |
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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