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 216
... certificates were specifically redeemable in silver . ( 4 ) The paper money issued under the Sherman Act was full legal tender , whereas the Bland - Allison silver certificates were not legal tender for private transactions . ( 5 ) The ...
... certificates were specifically redeemable in silver . ( 4 ) The paper money issued under the Sherman Act was full legal tender , whereas the Bland - Allison silver certificates were not legal tender for private transactions . ( 5 ) The ...
Page 290
... certificates . On October 1 , 1917 , the Treasury offered the Second Liberty Loan for $ 3 billion in 10-25 - year bonds , with interest at 4 per cent , 1⁄2 per cent higher than the first loan . These bonds were also convertible if ...
... certificates . On October 1 , 1917 , the Treasury offered the Second Liberty Loan for $ 3 billion in 10-25 - year bonds , with interest at 4 per cent , 1⁄2 per cent higher than the first loan . These bonds were also convertible if ...
Page 317
... certificates in 1924 and redeeming the last of them in 1929. It was not until the depression of the thirties that a similar security was again offered . Although the withdrawal of the small - denomination certificates crip- pled efforts ...
... certificates in 1924 and redeeming the last of them in 1929. It was not until the depression of the thirties that a similar security was again offered . Although the withdrawal of the small - denomination certificates crip- pled efforts ...
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