A Treatise on Currency and BankingGrigg & Elliot, 1840 - 323 Seiten |
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Seite 3
... ment , and what proportion to their fitness for the pur- poses of a circulating medium , now that they are ap- plied to that purpose , it would not be easy to deter- mine ; nor is it at all necessary to this investigation that it should ...
... ment , and what proportion to their fitness for the pur- poses of a circulating medium , now that they are ap- plied to that purpose , it would not be easy to deter- mine ; nor is it at all necessary to this investigation that it should ...
Seite 13
... ment . The same is true of the whale and other fish- eries , wherein although the amount imported may far exceed in value the amount exported , yet no balance of trade is left to be paid , the difference being made up by the value of ...
... ment . The same is true of the whale and other fish- eries , wherein although the amount imported may far exceed in value the amount exported , yet no balance of trade is left to be paid , the difference being made up by the value of ...
Seite 23
... ment the exports . Large amounts of property are also exported from some countries for which no pro- ceeds are to return , or at least , to return at an early day , such as happens in the case of foreign subsidies , the maintenance of ...
... ment the exports . Large amounts of property are also exported from some countries for which no pro- ceeds are to return , or at least , to return at an early day , such as happens in the case of foreign subsidies , the maintenance of ...
Seite 43
... ment , many millions of Spanish dollars found their way into the United States , not called for in the ordi- nary course of trade , and not merely in transitu on its way to Europe , for most of it was here exchanged * Those who are ...
... ment , many millions of Spanish dollars found their way into the United States , not called for in the ordi- nary course of trade , and not merely in transitu on its way to Europe , for most of it was here exchanged * Those who are ...
Seite 83
... ment of the balance in coin , and that would lead to a contraction of the currency , until the equilibrium would be again restored . It is precisely upon the same principle that the general currency of the country is corrected by the ...
... ment of the balance in coin , and that would lead to a contraction of the currency , until the equilibrium would be again restored . It is precisely upon the same principle that the general currency of the country is corrected by the ...
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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...