Annual Report of the Corporation of the Chamber of Commerce, of the State of New York, for the Year ..., Том 49Press of the Chamber of Commerce, 1907 |
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... bond - secured circula- tion , prevents the bank - note circulation of the country from responding in any essential degree , to the varying demands of commerce . In order to command and concen- trate public attention upon this subject ...
... bond - secured circula- tion , prevents the bank - note circulation of the country from responding in any essential degree , to the varying demands of commerce . In order to command and concen- trate public attention upon this subject ...
Страница 18
... bonds of a par value equal to the face of the notes to be issued . A bank , therefore , before increasing its circu- lation is obliged to buy Government bonds . The experience of forty years since the enactment of the Na- tional Bank ...
... bonds of a par value equal to the face of the notes to be issued . A bank , therefore , before increasing its circu- lation is obliged to buy Government bonds . The experience of forty years since the enactment of the Na- tional Bank ...
Страница 19
... bonds , it seems as good " money " as the greenback . Why , then , it is often asked , should it not be treated as money and counted as such in bank reserves ? Experience has proved that such a course would be most dangerous . A bank ...
... bonds , it seems as good " money " as the greenback . Why , then , it is often asked , should it not be treated as money and counted as such in bank reserves ? Experience has proved that such a course would be most dangerous . A bank ...
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New York Chamber of Commerce. and the market valuation of these bonds is largely based on the fact that they are ... bond issues , sustained as they are now by artificial conditions , cannot prudently be left to seek a normal level . Such ...
New York Chamber of Commerce. and the market valuation of these bonds is largely based on the fact that they are ... bond issues , sustained as they are now by artificial conditions , cannot prudently be left to seek a normal level . Such ...
Страница 22
... bonds which now render the national bank circulation unresponsive to the fluctu- ating demand for currency . The quantity of such notes which a bank may issue should not bear an unvarying ratio to the amount of its bond - secured ...
... bonds which now render the national bank circulation unresponsive to the fluctu- ating demand for currency . The quantity of such notes which a bank may issue should not bear an unvarying ratio to the amount of its bond - secured ...
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Чести термини и фразе
Aggregate amended American amount Applause appointed April bales Bill bonds Bullion Caribbean Sea cent central bank Chairman Chamber of Commerce CHARLES circulation coin and bullion Committee on Foreign consumption Corporation cotton crop Date of Election December demand Deposits Dollars duty EDWARD SIMMONS elsewhere specified ended June 30th EXPORTS-ARTICLES February fiscal year ended Foreign Commerce freight Gallons galls GEORGE GEORGE F Germany Gold Government GUSTAV H HENRY important increase Indies interest ISIDOR STRAUS JAMES January JESUP JOHN JOHN CROSBY BROWN June 30 LAST TWENTY Manufactures of dutiable March meeting mills MORRIS K November Number October pig iron Port of New-York Pounds present President production redemption Revenue Laws SCHIEREN SCHWAB season Secretary Senate Silver South Special Committee Statement exhibiting Steel sugar supply THOMAS tion Tonnage tons TOTAL UNITED Total value trade U. S. Total U. S. VESSELS WILLIAM York
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