Banking Theories in the United States Before 1860Harvard University Press, 1927 - 240 стор. |
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Сторінка 8
... capitalists , nor men of previous experience in banking ; and acquired their first knowledge of its rules and principles in this comparatively humble insti- tution . " PART I THE UTILITY OF BANKS AS A SOURCE OF 8 BANKING THEORIES IN ...
... capitalists , nor men of previous experience in banking ; and acquired their first knowledge of its rules and principles in this comparatively humble insti- tution . " PART I THE UTILITY OF BANKS AS A SOURCE OF 8 BANKING THEORIES IN ...
Сторінка 23
... capitalists both ren- dered familiar by the debates later occasioned by the two Banks of the United States were already playing a part in this dis- cussion of our earliest bank.3 - Along with the fear of foreign domination of so ...
... capitalists both ren- dered familiar by the debates later occasioned by the two Banks of the United States were already playing a part in this dis- cussion of our earliest bank.3 - Along with the fear of foreign domination of so ...
Сторінка 57
... capitalists , such as the controllers of the Second United States Bank and of the Bank of England , who wield such a power ; the ordinary banker is victim , rather than participant , in the scheme . 3 Baldwin , Thoughts on the Study of ...
... capitalists , such as the controllers of the Second United States Bank and of the Bank of England , who wield such a power ; the ordinary banker is victim , rather than participant , in the scheme . 3 Baldwin , Thoughts on the Study of ...
Сторінка 148
... capitalists from engaging in banking.9 On the other hand , McVickar and Lord sought to show that the 1 Principles of Currency and Banking ( 1829 ) , p . 107 . 2 A bill was introduced in Maryland in 1831 for the establishment of free ...
... capitalists from engaging in banking.9 On the other hand , McVickar and Lord sought to show that the 1 Principles of Currency and Banking ( 1829 ) , p . 107 . 2 A bill was introduced in Maryland in 1831 for the establishment of free ...
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Banking Theories in the United States Before 1860 Harry E. Miller Попередній перегляд недоступний - 1927 |
Banking Theories in the United States Before 1860 Harry E. Miller Попередній перегляд недоступний - 2011 |
Banking Theories in the United States Before 1860 Harry E. Miller Попередній перегляд недоступний - 2011 |
Загальні терміни та фрази
29th Congress accommodation loans American State Papers amount balance of trade Bank Commissioners bank credit bank currency bank notes Bankers banking system bills of exchange Bollman borrowers Boston business cycle C. F. Adams capital cash cause Chapter circulating medium coin colonial Colwell commercial paper committee crisis of 1857 Currency and Banking demand depositors discount England Essay export Free Banking funds Gallatin gold and silver Gouge H. C. Carey H. F. Baker Hildreth History of Paper Hunt's Merchants Ibid increase lend Letter Magazine Massachusetts media of payment metallic money Mixed Currency Money and Banks Nathan Appleton National Bank North American Review note issue panic paper currency paper money period Philadelphia Political Economy Political Economy 1856 Principles of Political quantity Raguet real paper Report reserves Samuel Hooper speculation Theory of Money Tucker U. S. House United urged usury laws Vethake wealth writers York banks
Популярні уривки
Сторінка 25 - I had been of some service, thought fit to reward me by employing me in printing the money ; a very profitable job and a great help to me.
Сторінка 56 - Should the circulating paper at any time exceed that sum, as the excess could neither be sent abroad nor be employed in the circulation of the country, it must immediately return upon the banks to be exchanged for gold and silver.
Сторінка 25 - There is a certain proportionate quantity of money requisite to carry on the trade of a country freely and currently ; more than which would be of no advantage in trade, and less, if much less, exceedingly detrimental to it.
Сторінка 181 - And though laws which violently sink the legal rate of interest greatly below the market level, are not to be commended, because they are not calculated to answer their aim ; yet, whatever has a tendency to effect a reduction, without violence to the natural course of things, ought to be attended to and pursued.
Сторінка 28 - First. The augmentation of the active or productive capital of a country. Gold and silver, when they are employed merely as the instruments of exchange and alienation, have been not improperly denominated dead stock; but when deposited in banks, to become the basis of a paper circulation, which takes their character and place, as the signs or representatives of value, they then acquire life, or, in other words, an active and productive quality.
Сторінка 37 - Let us suppose, for example, that the whole circulating money of some particular country amounted, at a particular time, to one million sterling, that sum being then sufficient for circulating the whole annual produce of their land and labour. Let us suppose too, that some time thereafter, different banks and bankers issued promissory notes, payable to the bearer, to the extent of one million, reserving in their different coffers two hundred thousand pounds for answering occasional demands.
Сторінка 57 - Among other material differences between a paper currency, issued by the mere authority of Government, and one issued by a Bank, payable in coin, is this—That in the first case, there is no standard to which an appeal can be made, as to the quantity which will only satisfy, or which will surcharge the circulation; in the last, that standard results from the demand.
Сторінка 18 - A national bank of deposit I believe to be wise, just, prudent, economical, and necessary. But every bank of discount, every bank by which interest is to be paid or profit of any kind made by the deponent, is downright corruption. It is taxing the public for the benefit and profit of individuals; it is worse than old tenor, continental currency, or any other paper money.
Сторінка 38 - Let us suppose too, that some time thereafter, different banks and bankers issued promissory notes, payable to the bearer, to the extent of one million, reserving in their different coffers two hundred thousand pounds for answering occasional demands. There would remain, therefore, in circulation, eight hundred thousand pounds in gold and silver, and a million of bank notes, or eighteen hundred thousand pounds of paper and money together. But the annual produce of the land and labour of the country...
Сторінка 34 - There is a leading view in which the tendency of banks will be seen to be to abridge rather than, to promote usury. This relates to their property of increasing the quantity and quickening the circulation of money. If it be evident that usury will prevail or diminish according to the proportion which the demand for borrowing bears to the quantity of money at market to be lent ; whatever has the property just mentioned, whether it be in the shape of paper or coin, by contributing to render the supply...