Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2McGraw-Hill, 1963 - 605 pages |
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Page 179
... bank currency did not expand and contract with the needs of business . In ... reserves to concentrate in New York City . For many years out - of - town ... Bank Act encouraged this flow of funds by allowing out - of - town banks to ...
... bank currency did not expand and contract with the needs of business . In ... reserves to concentrate in New York City . For many years out - of - town ... Bank Act encouraged this flow of funds by allowing out - of - town banks to ...
Page 261
... bank notes could be quickly eliminated from the cur- rency system , this was not finally accomplished until 1935 . To prevent bank reserves from accumulating in the reserve cities , mem- ber banks were required to keep them within the ...
... bank notes could be quickly eliminated from the cur- rency system , this was not finally accomplished until 1935 . To prevent bank reserves from accumulating in the reserve cities , mem- ber banks were required to keep them within the ...
Page 439
... reserves of the member banks were almost $ 7 billion , and the reserve ratio ... bank credit . The situation was made worse by the fact that the member banks ... reserves , and in addition , they could acquire more reserves by discounting ...
... reserves of the member banks were almost $ 7 billion , and the reserve ratio ... bank credit . The situation was made worse by the fact that the member banks ... reserves , and in addition , they could acquire more reserves by discounting ...
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