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 186
If business activity declined or the trade balance turned unfavorable or individuals and institutions lost confi- dence in the currency , paper money would be constantly converted into gold , the gold would be exported or hoarded ...
If business activity declined or the trade balance turned unfavorable or individuals and institutions lost confi- dence in the currency , paper money would be constantly converted into gold , the gold would be exported or hoarded ...
Page 191
In- creased economic activity required more currency , but the greenback circulation was frozen and national - bank circulation kept on declining . Under the circumstances , silver was the only currency other than check- book money ...
In- creased economic activity required more currency , but the greenback circulation was frozen and national - bank circulation kept on declining . Under the circumstances , silver was the only currency other than check- book money ...
Page 301
Business profits were atypically high in 1916 but declined during the years of actual belligerency . Because of much greater reliance on progressive taxation , the entrepreneurial groups fared much worse than in the Civil War .
Business profits were atypically high in 1916 but declined during the years of actual belligerency . Because of much greater reliance on progressive taxation , the entrepreneurial groups fared much worse than in the Civil War .
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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
Bibliographic information
| Title | Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2 Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Herman Edward Krooss |
| Authors | Paul Studenski, Herman Edward Krooss |
| Edition | 2 |
| Publisher | McGraw-Hill, 1963 |
| Length | 605 pages |
| Export Citation | BiBTeX EndNote RefMan |