A Treatise on Currency and BankingGrigg & Elliot, 1840 - 323 Seiten |
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Seite xii
... hand , the principles which he asserts , be in reality , as he honestly believes them to be , incontro- vertible truths , he will not do any of his readers the injustice of supposing , that they would reject them , because they are not ...
... hand , the principles which he asserts , be in reality , as he honestly believes them to be , incontro- vertible truths , he will not do any of his readers the injustice of supposing , that they would reject them , because they are not ...
Seite 4
... hand . The beauty of the metals adds to their value for purposes of utility and ornament , but perhaps not to their value as money ; and hence I have not embraced that quality in the foregoing enumeration . CHAPTER II . OF THE ...
... hand . The beauty of the metals adds to their value for purposes of utility and ornament , but perhaps not to their value as money ; and hence I have not embraced that quality in the foregoing enumeration . CHAPTER II . OF THE ...
Seite 16
... hand a sufficiency of products to discharge the debt , and that therefore she must be drained of her precious metals to the last dollar . This can never be . If her wealth or her powers of production had not been commensurate to her ...
... hand a sufficiency of products to discharge the debt , and that therefore she must be drained of her precious metals to the last dollar . This can never be . If her wealth or her powers of production had not been commensurate to her ...
Seite 24
... hands , the balance of trade and the balance of pay- ments would be identical . But , in the intercourse between nations ... hand for a length of time without being drawn upon , whilst on the other side a prompt sale is made , and bills ...
... hands , the balance of trade and the balance of pay- ments would be identical . But , in the intercourse between nations ... hand for a length of time without being drawn upon , whilst on the other side a prompt sale is made , and bills ...
Seite 26
... hand , the interest of those who have bills for sale , to secure the highest price for them they can , and it is this competition between buyer and seller that determines the market price , which , like the market price of commodities ...
... hand , the interest of those who have bills for sale , to secure the highest price for them they can , and it is this competition between buyer and seller that determines the market price , which , like the market price of commodities ...
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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 CHIG 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 pound sterling precious metals premium principle profit promissory notes proportion purchase pure gold quantity received relative value rency render seignorage silver coins six per cent sold specie payments standard silver suspension things tion true United UNIV usury value of gold whilst York
Beliebte Passagen
Seite 250 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Seite 202 - ... 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 243 - ... 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 248 - 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 250 - 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 249 - ... 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 249 - It shall be lawful for any association of persons organized under this act, by their articles of association, to provide for an increase of their capital, and of the number of the association.
Seite 248 - 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 223 - That a committee be appointed to inquire whether it be expedient to make any amendments in the laws which regulate the coins of the United States and foreign coins." On the 26th of January, 1819, Mr. Lowndes, as chairman of the committee appointed under this resolution, made a detailed report, favorable to a change in the mint proportion. This report was accompanied by a bill, providing as follows. 1. That there should be retained by the...
Seite 289 - A committee of the Senate of that State, appointed in December, 1819, to inquire into the extent and causes of the present general distress, ascribe it, as we do, to the improvident creation of so many banks, as will appear from the following extract from their report : "At the following session the subject was renewed with increased ardor...