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 290
... interest at 4 per 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 ...
... interest at 4 per 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 ...
Page 426
... interest- bearing debt . Borrowing from the trust funds was accomplished through special issues bearing a fixed rate of interest , rather than through purchase of existing bonds in the open market . TABLE 77. Federal Debt STRUCTURE ...
... interest- bearing debt . Borrowing from the trust funds was accomplished through special issues bearing a fixed rate of interest , rather than through purchase of existing bonds in the open market . TABLE 77. Federal Debt STRUCTURE ...
Page 565
... interest rates , which they considered very damaging to the whole economy . They agreed that interest rates moved up easily when tight money was instituted , but they did not think they moved down as readily when policy shifted to easy ...
... interest rates , which they considered very damaging to the whole economy . They agreed that interest rates moved up easily when tight money was instituted , but they did not think they moved down as readily when policy shifted to easy ...
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