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 331
... Board found it difficult to act in accordance with its theories . In the first place , the Board occupied a subordinate rather than a dominant position in the management of credit , for each of the 12 district banks wielded more ...
... Board found it difficult to act in accordance with its theories . In the first place , the Board occupied a subordinate rather than a dominant position in the management of credit , for each of the 12 district banks wielded more ...
Page 396
... Board to suspend a member bank from the use of Reserve credit if it made undue use of credit for speculative purposes ; ( 7 ) authorized the Board to limit the amount of security loans made by member banks ; ( 8 ) authorized . 90 - day ...
... Board to suspend a member bank from the use of Reserve credit if it made undue use of credit for speculative purposes ; ( 7 ) authorized the Board to limit the amount of security loans made by member banks ; ( 8 ) authorized . 90 - day ...
Page 398
... Board ; ( 11 ) national banks could make ten - year loans on real estate up to 60 per cent of appraised value ; ( 12 ) double liability was eliminated on all national - bank stock ; ( 13 ) cumulative voting was required in national ...
... Board ; ( 11 ) national banks could make ten - year loans on real estate up to 60 per cent of appraised value ; ( 12 ) double liability was eliminated on all national - bank stock ; ( 13 ) cumulative voting was required in national ...
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 balance bank notes bank reserves bankers banking system became began bill Bland-Allison Act Board borrowing budget capital cash certificates circulation cities Civil coin colonies commercial banks Committee Comptroller Congress corporate cost currency declined deficit demand deposits depression duties economic established estimated excises expansion export Federal government Federal Reserve Federal Reserve Act Federal Reserve Board Federal Reserve System finance fiscal policy foreign funds gold standard government bonds greenbacks important imposed income tax increased inflation interest rates investment issue June land levied loans member banks ment monetary monetary policy money market money supply municipal National Bank Act national banks operations paper money payments pensions period President proposed purchase receipts recommended redeem reduced refunding repealed retirement revenue Secretary securities Senate silver sold specie spending surplus tariff taxation tion Treasury notes Treasury's United veto York