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 132
States which had not participated heavily in the borrowing spree of the 1830's borrowed heavily in the fifties . These were the states of Virginia , Missouri , Tennessee , the two Carolinas , and Georgia . Most of the loans floated by ...
States which had not participated heavily in the borrowing spree of the 1830's borrowed heavily in the fifties . These were the states of Virginia , Missouri , Tennessee , the two Carolinas , and Georgia . Most of the loans floated by ...
Page 287
Having calculated the cost , he had to decide how much to raise from taxes and how much from borrowing and then deter- mine how much of the borrowing should be from individuals , corpora- tions , savings banks , and other noncommercial ...
Having calculated the cost , he had to decide how much to raise from taxes and how much from borrowing and then deter- mine how much of the borrowing should be from individuals , corpora- tions , savings banks , and other noncommercial ...
Page 288
In the interim , the need for money was stupen- dous , and the only way of securing it quickly was by borrowing . ... Almost universally they insisted that the Treasury should not borrow more than $ 1 billion , and they urged rates as ...
In the interim , the need for money was stupen- dous , and the only way of securing it quickly was by borrowing . ... Almost universally they insisted that the Treasury should not borrow more than $ 1 billion , and they urged rates as ...
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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