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 67
... surplus revenue at a rate of $ 2 million a year for 10 years to construct a system of internal improvements.1 This was the first Federal long - range capital investment program in history and was not to be matched until the 1920's .
... surplus revenue at a rate of $ 2 million a year for 10 years to construct a system of internal improvements.1 This was the first Federal long - range capital investment program in history and was not to be matched until the 1920's .
Page 100
Expansion of Expenditures for Internal Improvements . The first impulse was to expand Federal activities . Congress , following recommendations by Secretary of the Treasury McLane in his annual report of 1831 , in- creased ...
Expansion of Expenditures for Internal Improvements . The first impulse was to expand Federal activities . Congress , following recommendations by Secretary of the Treasury McLane in his annual report of 1831 , in- creased ...
Page 129
Maryland in 1826 ventured upon an extensive internal - improvement program , making grants or loans of $ 15 million ... thereby increasing her debt by * In Massachusetts , expenditures other than those for internal improvements in- ...
Maryland in 1826 ventured upon an extensive internal - improvement program , making grants or loans of $ 15 million ... thereby increasing her debt by * In Massachusetts , expenditures other than those for internal improvements in- ...
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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