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 117
eight years of the Van Buren and Tyler administrations , public - works expenditures declined to $ 19.6 million , or an average of $ 2.4 million a year , and near the end of the depression amounted to less than $ 2 million an- nually .
eight years of the Van Buren and Tyler administrations , public - works expenditures declined to $ 19.6 million , or an average of $ 2.4 million a year , and near the end of the depression amounted to less than $ 2 million an- nually .
Page 353
However , by mid - 1930 even official circles lost their optimism as it became undeniable that a depression of more than usual severity had begun . Instead of a short panic , the 1930's featured a deflation and liquidation that became ...
However , by mid - 1930 even official circles lost their optimism as it became undeniable that a depression of more than usual severity had begun . Instead of a short panic , the 1930's featured a deflation and liquidation that became ...
Page 354
In June , 1932 , the low point of the depression was reached , and recovery would have been assured but the obstructionist tactics pursued by the Democratic Congress destroyed public confidence . Finally , the catastrophic banking ...
In June , 1932 , the low point of the depression was reached , and recovery would have been assured but the obstructionist tactics pursued by the Democratic Congress destroyed public confidence . Finally , the catastrophic banking ...
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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