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 107
The Expansion of State Banking . Although the administration was opposed to all banks of issue and supported hard money , its refusal to re- charter the United States Bank and the withdrawal of government de- posits caused state banking ...
The Expansion of State Banking . Although the administration was opposed to all banks of issue and supported hard money , its refusal to re- charter the United States Bank and the withdrawal of government de- posits caused state banking ...
Page 294
By this amendment the reserve ratio was in- creased to over 78 per cent , the excess reserves of the member banks were greatly expanded , and the possibilities for multiple credit expansion were once again enormous .
By this amendment the reserve ratio was in- creased to over 78 per cent , the excess reserves of the member banks were greatly expanded , and the possibilities for multiple credit expansion were once again enormous .
Page 481
Expansion of Bank Credit . Since public debt at the end of the war ex- ceeded the aggregate private debt , the government deliberately gave prior consideration to the requirements of public - debt management over the requirements of ...
Expansion of Bank Credit . Since public debt at the end of the war ex- ceeded the aggregate private debt , the government deliberately gave prior consideration to the requirements of public - debt management over the requirements of ...
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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