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 109
... specie for notes of small denomination , for silver coins would not circulate , since they were worth more in the bullion market than at the mint . The Specie Circular . In addition to its uneasiness concerning the safety of its ...
... specie for notes of small denomination , for silver coins would not circulate , since they were worth more in the bullion market than at the mint . The Specie Circular . In addition to its uneasiness concerning the safety of its ...
Page 120
... specie in circulation , prevented the suspension of specie payments , weakened the forces which made possible spasmodic bank expansion and contraction , prevented the loss of public funds , and prevented the de- rangement of business ...
... specie in circulation , prevented the suspension of specie payments , weakened the forces which made possible spasmodic bank expansion and contraction , prevented the loss of public funds , and prevented the de- rangement of business ...
Page 143
... Specie . Congress passed a slight tariff increase on Decem- ber 24 , 1861 , but before it could act on Chase's other recommendation , the private banks of the country suspended specie payments on December 30 , the government suspending ...
... Specie . Congress passed a slight tariff increase on Decem- ber 24 , 1861 , but before it could act on Chase's other recommendation , the private banks of the country suspended specie payments on December 30 , the government suspending ...
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