Money and BankingD. Appleton, 1917 - 511 страница |
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Страница 4
... payment of money , agreeing rather to settle balances at certain intervals . Thus credit was introduced . Credit is a postponed money payment . It is a promise to pay money or its equivalent at some future time . Fun- damentally money ...
... payment of money , agreeing rather to settle balances at certain intervals . Thus credit was introduced . Credit is a postponed money payment . It is a promise to pay money or its equivalent at some future time . Fun- damentally money ...
Страница 16
... payments . It is a medium for credit transactions or deferred payments . Most contracts are payable in terms of money and they often run for long periods of time . Justice between bor- rower and lender requires that the contractual payment ...
... payments . It is a medium for credit transactions or deferred payments . Most contracts are payable in terms of money and they often run for long periods of time . Justice between bor- rower and lender requires that the contractual payment ...
Страница 20
... payments , and prices would be quoted in that metal . " Instead of ridding us of the evils of a fluctuating standard ... payment . Though thus tied together they would not always maintain the same exchange relations and the same level of ...
... payments , and prices would be quoted in that metal . " Instead of ridding us of the evils of a fluctuating standard ... payment . Though thus tied together they would not always maintain the same exchange relations and the same level of ...
Страница 22
... payment of all debts , public and private , and circulate at par with gold . Coun- tries which are theoretically on the single gold standard , but which retain silver coins with full legal tender power , are said to have a " limping ...
... payment of all debts , public and private , and circulate at par with gold . Coun- tries which are theoretically on the single gold standard , but which retain silver coins with full legal tender power , are said to have a " limping ...
Страница 30
... pay and did not specify how and when they were to be redeemed . Upon the restoration of peace and the return of ... payments . Then arose a clam- orous demand , particularly from those interested in the new silver mines in the West , for ...
... pay and did not specify how and when they were to be redeemed . Upon the restoration of peace and the return of ... payments . Then arose a clam- orous demand , particularly from those interested in the new silver mines in the West , for ...
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acceptances amount assets balance Bank of England bank's bankers banking system bill of lading bills of exchange borrower brokers bullion cash cashier cent charter checks clearing house clerk coinage collateral collection commercial bank commercial paper commodities Comptroller country banks currency customers debts demand depositors deposits directors discount district draft drawn established exports Federal Reserve Act Federal reserve banks Federal Reserve Board Federal reserve notes Federal reserve system foreign exchange funds gold reserve greenbacks guaranty increase index number indorsed investment keep ledger legal tender liabilities medium of exchange member banks ment Money and Banking mortgage national bank act national bank notes note issues paid payable payment practice profit receipts received redeem redemption rediscount reserve cities savings banks seigniorage sell silver dollars specie standard stockholders supply tion trade transactions Treasury trust companies United York
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Страница 458 - Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes...
Страница 173 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Страница 460 - Third. Bills of exchange or drafts drawn against money actually on deposit to the credit of the association, or due thereto. Fourth. Liabilities to the stockholders of the association for dividends and reserve profits.
Страница 476 - That if any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Страница 471 - Any bank officer, director, or employee violating this provision shall be deemed guilty of a misdemeanor and shall be imprisoned not exceeding one year or fined not more than $5,000, or both; and may be fined a further sum equal to the money so loaned or gratuity given.
Страница 473 - State thereof, and principally engaged in international or foreign banking, or banking in a dependency or insular possession of the United States either directly or through the agency, ownership, or control of local institutions in foreign countries, or in such dependencies or insular possessions.
Страница 503 - That if any person shall falsely make, forge, or counterfeit, or cause or procure to be falsely made, forged or counterfeited, or willingly aid or assist in falsely making, forging, or counterfeiting any note, in imitation of, or purporting to be...
Страница 458 - ... bank may receive from any of its member banks, and from the United States, deposits of current funds in lawful money, national-bank notes, Federal reserve notes, or checks, and drafts, payable upon presentation, and also, for collection, maturing notes and bills; or, solely for purposes of exchange or of collection...
Страница 450 - Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts, dividend requirements as hereinbefore provided, and the par value of the stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock and surplus therein, and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate.
Страница 466 - ... discretion of the Secretary for the purposes of this Act, and should the appropriations heretofore made be insufficient to meet the requirements of this Act in addition to circulating notes provided for by existing law, the Secretary is hereby authorized to use so much of any funds in the Treasury not otherwise appropriated for the purpose of furnishing the notes aforesaid: Provided, .however, That nothing in this section contained shall be construed as exempting national banks or Federal reserve...