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 10
They were particularly opposed to central banking and to a nationally controlled banking system . In so far as government had to exercise control over private credit , they favored easy - money policies . The Eastern financial and ...
They were particularly opposed to central banking and to a nationally controlled banking system . In so far as government had to exercise control over private credit , they favored easy - money policies . The Eastern financial and ...
Page 180
The Treasury , operating through the subtreasuries , and a few national banks , such as the First Na- tional of New York , did exert some central banking influence , but it was weak and ineffective . Local clearinghouses also assumed ...
The Treasury , operating through the subtreasuries , and a few national banks , such as the First Na- tional of New York , did exert some central banking influence , but it was weak and ineffective . Local clearinghouses also assumed ...
Page 255
But the first detailed plan of central banking came in 1910 when Paul M. Warburg of Kuhn , Loeb and Co. , who for years had advocated central banking , made public his plan for a " United Reserve Bank . " Then at the end of 1911 Senator ...
But the first detailed plan of central banking came in 1910 when Paul M. Warburg of Kuhn , Loeb and Co. , who for years had advocated central banking , made public his plan for a " United Reserve Bank . " Then at the end of 1911 Senator ...
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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