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 56
The Treasury tried to raise money by offering $ 5 million of 6 per cent bonds , but the issue could not be sold at par and proved a failure . Thereupon , Congress authorized the Treasury to sell bonds below par and to sell the ...
The Treasury tried to raise money by offering $ 5 million of 6 per cent bonds , but the issue could not be sold at par and proved a failure . Thereupon , Congress authorized the Treasury to sell bonds below par and to sell the ...
Page 144
Therefore , on grounds of necessity , rather than choice , he proposed that the government issue on its own faith $ 50 ... of further issues of demand notes , the use of banks as government depositories , the issue of $ 100 mil- lion of ...
Therefore , on grounds of necessity , rather than choice , he proposed that the government issue on its own faith $ 50 ... of further issues of demand notes , the use of banks as government depositories , the issue of $ 100 mil- lion of ...
Page 186
Moreover , greenbacks were not eliminated from circulation , and although their total amount was not excessive , like all paper - money issues they could become an extreme irritant . If business activity declined or the trade balance ...
Moreover , greenbacks were not eliminated from circulation , and although their total amount was not excessive , like all paper - money issues they could become an extreme irritant . If business activity declined or the trade balance ...
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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 |