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 237
... currency . The need for an elastic bank currency was probably overemphasized , since state banks were by this time far more important than national banks , and it was estimated that over 90 per cent of the nation's business was ...
... currency . The need for an elastic bank currency was probably overemphasized , since state banks were by this time far more important than national banks , and it was estimated that over 90 per cent of the nation's business was ...
Page 252
... currency , he was vastly successful . National - bank - note circulation , stimulated by the Currency Act of 1900 and the Secretary's activities , constantly expanded . Holdings of bonds , other than those of the United States , as ...
... currency , he was vastly successful . National - bank - note circulation , stimulated by the Currency Act of 1900 and the Secretary's activities , constantly expanded . Holdings of bonds , other than those of the United States , as ...
Page 254
... currency and who were intrepid enough to take a slight risk . Hence , there was pressure on the pound sterling , and it fell to $ 4.80 ... Currency for emergency currency to be issued against 254 FINANCIAL HISTORY OF THE UNITED STATES.
... currency and who were intrepid enough to take a slight risk . Hence , there was pressure on the pound sterling , and it fell to $ 4.80 ... Currency for emergency currency to be issued against 254 FINANCIAL HISTORY OF THE UNITED STATES.
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