A Treatise on Currency and BankingGrigg & Elliot, 1840 - 323 Seiten |
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Seite 17
... lend it , and the latter because they expect to profit by for- cing down the prices of property and commodities to a still lower point , the effect of which would be to diminish the demand for the exportation of coin by reducing the ...
... lend it , and the latter because they expect to profit by for- cing down the prices of property and commodities to a still lower point , the effect of which would be to diminish the demand for the exportation of coin by reducing the ...
Seite 55
... the industrious classes , to resort to lenders , who in addition to the fair value of the mo- ney , and a reasonable allowance for the risk of loan- ing on personal security , which would be the uniform CURRENCY AND BANKING . 5.
... the industrious classes , to resort to lenders , who in addition to the fair value of the mo- ney , and a reasonable allowance for the risk of loan- ing on personal security , which would be the uniform CURRENCY AND BANKING . 5.
Seite 56
... lending of money for a year is nothing but selling capital upon a credit for a year , and so convinced of the absurdity of discriminating between a sale of money , and a sale of goods is a large proportion of the capitalists of every ...
... lending of money for a year is nothing but selling capital upon a credit for a year , and so convinced of the absurdity of discriminating between a sale of money , and a sale of goods is a large proportion of the capitalists of every ...
Seite 61
... lend at six per cent . , or cause to produce him six per cent . , by grazing cattle or tilling more ground , should lay it out in making a new road to facilitate his intercourse with the market , by which he should only save twen- ty ...
... lend at six per cent . , or cause to produce him six per cent . , by grazing cattle or tilling more ground , should lay it out in making a new road to facilitate his intercourse with the market , by which he should only save twen- ty ...
Seite 68
... lend it , or to apply it to any purpose whatever , until called for by its owners , or transferred by them to other persons ; and hence it is clear , that such banks exercise no influence whatever over the cur- rency , 68 A TRE ATISE ON.
... lend it , or to apply it to any purpose whatever , until called for by its owners , or transferred by them to other persons ; and hence it is clear , that such banks exercise no influence whatever over the cur- rency , 68 A TRE ATISE ON.
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Häufige Begriffe und Wortgruppen
amount association augmented authorised balance of trade bank notes bank of discount Bank of England banker banks of circulation bills of exchange borrowers Brandon Bank bullion capital CHAPTER circulating notes coinage commercial commodities comptroller congress consequently contract creditors debtors debts demand deposites depreciation eagle England equal equivalent established existing exportation extent five foreign funds gold and silver gold coins imports individuals interest issues legal tender legislature lend less liability loans loss ment merchants millions of dollars mortgages operations ounce of pure paid paper currency paper money payable period persons Philadelphia possession post notes pound sterling precious metals premium principle profit promissory notes proportion purchase pure gold quantity received relative value rency render seignorage six per cent sold Spanish dollar specie payments standard silver suspension things tion true United usury value of gold whilst York
Beliebte Passagen
Seite 246 - Any number of persons may associate to establish offices of discount, deposits, and circulation, upon the terms and conditions, and subject to the liabilities prescribed in this act; but the aggregate amount of the capital stock of any such association shall not be less than one hundred thousand dollars.
Seite 248 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Seite 200 - ... to carry on the business of banking by obtaining and issuing circulating notes in accordance with the provisions of this act; by discounting bills, notes, and other evidences of debt...
Seite 246 - The names and places of residence of the shareholders and the number of shares held by each of them. Fifth. The fact that the certificate is made to enable such persons to avail themselves of the advantages of this Title.
Seite 248 - Such as shall have been purchased at sales upon judgments, decrees or mortgages obtained or made for such debts; and it shall not be lawful for any company incorporated as aforesaid to purchase, hold or convey real estate in any other case or for any other purpose...
Seite 247 - ... transferable on the books of the association in such manner as may be prescribed in the by-laws or articles of association ; and every person becoming a shareholder by such transfer shall, in proportion to his shares, succeed to all the rights and liabilities of the prior holder of such shares, and no change shall be made in the articles of association...
Seite 241 - ... as he may from time to time deem necessary to carry into effect the provisions of this act, and of such form as he may prescribe. Such blank circulating notes shall be countersigned, numbered and registered in proper books to be provided and kept for that purpose in the office of said...
Seite 247 - It shall be lawful for any association of persons organised under this act by their articles of association, to provide for an increase of their capital and of the number of the associates, from time to time, as they may think proper.
Seite 246 - Such persons, under their hands and seals, shall make a certificate which shall specify: — 1. The name assumed to distinguish such association, and to be used in its dealings.
Seite 247 - ... every person becoming a shareholder by such transfer shall, in proportion to his shares, succeed to all the rights and liabilities of the prior holder of such shares, and no change shall be made in the articles of association by which the rights, remedies, or security of the existing creditors of the association shall be impaired.