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 158
... cent , 1 - year notes , and in May it authorized $ 50 million of 8 per cent , 20 - year bonds , $ 20 million of which could be in non - interest - bearing notes convertible into bonds . In August , 1861 , a direct tax of 2 of 1 per cent ...
... cent , 1 - year notes , and in May it authorized $ 50 million of 8 per cent , 20 - year bonds , $ 20 million of which could be in non - interest - bearing notes convertible into bonds . In August , 1861 , a direct tax of 2 of 1 per cent ...
Page 259
... cent of their capital and surplus , 3 per cent to be paid within six months and the remainder to be subject to call . A dividend of 6 per cent cumulative was to be paid on each share of stock . If a bank's capital increased , it was to ...
... cent of their capital and surplus , 3 per cent to be paid within six months and the remainder to be subject to call . A dividend of 6 per cent cumulative was to be paid on each share of stock . If a bank's capital increased , it was to ...
Page 290
... cent , 1⁄2 per cent higher than the first loan . These bonds were also convertible if higher interest rate bonds were offered at any future date . But the tax features were not so attractive as in the first loan , for bond interest on ...
... cent , 1⁄2 per cent higher than the first loan . These bonds were also convertible if higher interest rate bonds were offered at any future date . But the tax features were not so attractive as in the first loan , for bond interest on ...
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