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 204
... Surplus and Debt Retirement . There were many disadvantages in using the surplus for debt retirement . For one , it meant a continuous re- duction of national - bank circulation . Then , too , there were no large blocks of bonds ...
... Surplus and Debt Retirement . There were many disadvantages in using the surplus for debt retirement . For one , it meant a continuous re- duction of national - bank circulation . Then , too , there were no large blocks of bonds ...
Page 205
... Surplus in the National Banks . Under the terms of the National Bank Act , the Treasury could deposit its funds in ... Surplus among States . In 1882 when the surplus first became a problem , Secretary Folger recommended that it be dis ...
... Surplus in the National Banks . Under the terms of the National Bank Act , the Treasury could deposit its funds in ... Surplus among States . In 1882 when the surplus first became a problem , Secretary Folger recommended that it be dis ...
Page 547
... surplus or deficit should not be encouraged . Under the fiscal structure that existed in the 1950's , expenditures , chiefly because of unemployment insurance , did rise automatically as recession hit the economy . But they did not come ...
... surplus or deficit should not be encouraged . Under the fiscal structure that existed in the 1950's , expenditures , chiefly because of unemployment insurance , did rise automatically as recession hit the economy . But they did not come ...
Contents
The Meaning and Basic Trends of Financial History | 1 |
Monetary and International Fi nancial Policies | 4 |
26 | 7 |
Copyright | |
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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