Principles of Money and Banking: A Series of Selected MaterialsUniversity of Chicago Press, 1916 - 785 pages |
From inside the book
Results 1-5 of 100
Page xvii
... practice a large percentage of the loans that give rise to demand deposits are in no direct way related to commercial enterprises . Overemphasis on the demand nature of the deposit has too frequently been accompanied by an underemphasis ...
... practice a large percentage of the loans that give rise to demand deposits are in no direct way related to commercial enterprises . Overemphasis on the demand nature of the deposit has too frequently been accompanied by an underemphasis ...
Page xviii
... practice of granting loans on single - name paper , provided the borrower's character is satisfactory and his financial statement shows a ratio of quick assets to current liabilities of more than two to one , contains no guaranty that ...
... practice of granting loans on single - name paper , provided the borrower's character is satisfactory and his financial statement shows a ratio of quick assets to current liabilities of more than two to one , contains no guaranty that ...
Page xxvii
... Practice . David Hume . 59. Gresham's Law and the Failure of Debasements . W. Stan- ley Jevons IV . THE STANDARD QUESTION : BIMETALLISM INTRODUCTION A. GENERAL PRINCIPLES 60. The Various Kinds of Standards 61. The Value of Standard ...
... Practice . David Hume . 59. Gresham's Law and the Failure of Debasements . W. Stan- ley Jevons IV . THE STANDARD QUESTION : BIMETALLISM INTRODUCTION A. GENERAL PRINCIPLES 60. The Various Kinds of Standards 61. The Value of Standard ...
Page 19
... practice ; and that is , since gold and silver are become the common measure for computing the value and regulating the price of the com- modities or manufactures of both countries , to export larger quantities of our own , and import ...
... practice ; and that is , since gold and silver are become the common measure for computing the value and regulating the price of the com- modities or manufactures of both countries , to export larger quantities of our own , and import ...
Page 21
... practice of treating gold as wealth , and the highest form of wealth , in the very face of the teachings of the Economists that it is not wealth ; or that it is the lowest form of wealth . It was a reflection not to be tolerated . Smith ...
... practice of treating gold as wealth , and the highest form of wealth , in the very face of the teachings of the Economists that it is not wealth ; or that it is the lowest form of wealth . It was a reflection not to be tolerated . Smith ...
Contents
172 | |
173 | |
174 | |
175 | |
177 | |
180 | |
181 | |
184 | |
74 | |
103 | |
105 | |
109 | |
115 | |
122 | |
128 | |
129 | |
136 | |
148 | |
152 | |
169 | |
173 | |
178 | |
179 | |
197 | |
198 | |
204 | |
207 | |
210 | |
213 | |
215 | |
219 | |
231 | |
232 | |
241 | |
248 | |
249 | |
258 | |
276 | |
283 | |
3 | |
6 | |
12 | |
21 | |
31 | |
36 | |
38 | |
49 | |
52 | |
60 | |
75 | |
85 | |
90 | |
96 | |
102 | |
103 | |
108 | |
112 | |
113 | |
115 | |
118 | |
122 | |
124 | |
126 | |
128 | |
135 | |
136 | |
142 | |
144 | |
145 | |
147 | |
148 | |
150 | |
154 | |
157 | |
159 | |
160 | |
163 | |
165 | |
167 | |
168 | |
170 | |
185 | |
187 | |
188 | |
192 | |
197 | |
199 | |
200 | |
201 | |
202 | |
204 | |
243 | |
253 | |
255 | |
257 | |
259 | |
262 | |
264 | |
265 | |
268 | |
269 | |
270 | |
271 | |
273 | |
276 | |
277 | |
280 | |
282 | |
283 | |
287 | |
295 | |
298 | |
299 | |
300 | |
303 | |
304 | |
305 | |
307 | |
309 | |
312 | |
314 | |
316 | |
318 | |
321 | |
322 | |
324 | |
325 | |
327 | |
329 | |
330 | |
333 | |
335 | |
336 | |
338 | |
339 | |
343 | |
345 | |
347 | |
348 | |
350 | |
353 | |
359 | |
365 | |
375 | |
384 | |
395 | |
406 | |
425 | |
441 | |
448 | |
458 | |
499 | |
Other editions - View all
Common terms and phrases
¹ Adapted amount assignats associations bank notes bankers bills of credit bimetallism bonds borrower bullion capital cash cent certificates checks circulation cities clearing-house commercial paper commodities Congress contract debts demand denominator depositors deposits depreciation discount economic export farm farmers Federal Reserve Act Federal Reserve Bank Federal Reserve Board functions funds gold and silver gold coin gold standard grains greenbacks Gresham's law important increase index number indorsement industry investment issue labor legal tender legal-tender less liabilities loans medium of exchange member banks ment merchant monetary mortgage national banks obligations operation paid paper money payable period practice precious metals present production profit purchase purpose quantity ratio receipts received redeemed redemption result seignorage sell silver coins silver dollar specie supply tion token coins trade transactions trust companies United United States notes York
Popular passages
Page 209 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Page 278 - July 14, 1890, are legal tender for all debts, public and private, except where otherwise expressly stipulated in the contract. United States notes or "greenbacks" are legal tender for all debts, public and private, except duties on imports and interest on the public debt.
Page 260 - An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.
Page 308 - Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than six months...
Page 461 - Federal reserve bank may discount notes, drafts, and bills of exchange! arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes...
Page 209 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Page 292 - Upon the indorsement of any of its member banks, which shall be deemed a waiver of demand, notice and protest by such bank as to its own indorsement exclusively, any Federal reserve bank may discount notes, drafts, and bills of exchange! arising out of actual commercial transactions...
Page 247 - There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them.
Page 209 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...
Page 419 - ... shall be exempt from all taxes or duties of the United States, as well as from taxation in any form by or under State, municipal, or local authority...