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 330
It was during the depression of 1920 that the Federal Reserve banks began to develop open - market operations . However , this strategy , which later became such an important instrument of credit control , was not originally adopted for ...
It was during the depression of 1920 that the Federal Reserve banks began to develop open - market operations . However , this strategy , which later became such an important instrument of credit control , was not originally adopted for ...
Page 427
The annual interest savings on these operations was $ 111 million . Changes in Method of Debt Authorization . During the great borrowing operations of the depression , Congress completely relinquished its con- trol over debt management ...
The annual interest savings on these operations was $ 111 million . Changes in Method of Debt Authorization . During the great borrowing operations of the depression , Congress completely relinquished its con- trol over debt management ...
Page 542
Not including transactions with the Federal Reserve and government agencies , the Treasury in the years from 1954 to 1961 carried on fifty debt operations , totaling over $ 200 billion , but only $ 15 billion were in long terms ...
Not including transactions with the Federal Reserve and government agencies , the Treasury in the years from 1954 to 1961 carried on fifty debt operations , totaling over $ 200 billion , but only $ 15 billion were in long terms ...
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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