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 4
... debt management , that is , of funding , refunding , and retirement . In the nineteenth century debt management was guided by the conditions of the money market ; funding and refunding of the public debt were adjusted to market interest ...
... debt management , that is , of funding , refunding , and retirement . In the nineteenth century debt management was guided by the conditions of the money market ; funding and refunding of the public debt were adjusted to market interest ...
Page 429
... debt . In addition , insurance companies and savings banks tapped the savings of individuals , and in the absence of other investment outlets , they bought government obligations . Of the total increase in debt , commercial - bank and ...
... debt . In addition , insurance companies and savings banks tapped the savings of individuals , and in the absence of other investment outlets , they bought government obligations . Of the total increase in debt , commercial - bank and ...
Page 540
... debt . One could find some other comforting features in the story of the public debt . When corrected for population change , the weight of the so- called " public debt burden " became lighter every year . Per capita debt was almost ...
... debt . One could find some other comforting features in the story of the public debt . When corrected for population change , the weight of the so- called " public debt burden " became lighter every year . Per capita debt was almost ...
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