Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2McGraw-Hill, 1963 - 605 pages |
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Page 83
... specie payments . But the state banks would not resume specie payments . Indeed , the current chaos enabled them to earn extraordinary profits , for they were able to issue notes and lend money on a much greater scale than would have ...
... specie payments . But the state banks would not resume specie payments . Indeed , the current chaos enabled them to earn extraordinary profits , for they were able to issue notes and lend money on a much greater scale than would have ...
Page 109
... specie for notes of small denomination , for silver coins would not circulate , since they were worth more in the bullion market than at the mint . The Specie Circular . In addition to its uneasiness concerning the safety of its ...
... specie for notes of small denomination , for silver coins would not circulate , since they were worth more in the bullion market than at the mint . The Specie Circular . In addition to its uneasiness concerning the safety of its ...
Page 143
... Specie . Congress passed a slight tariff increase on Decem- ber 24 , 1861 , but before it could act on Chase's other recommendation , the private banks of the country suspended specie payments on December 30 , the government suspending ...
... Specie . Congress passed a slight tariff increase on Decem- ber 24 , 1861 , but before it could act on Chase's other recommendation , the private banks of the country suspended specie payments on December 30 , the government suspending ...
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