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American amount applied assessments banks basis become Board capital cent charges combination Commission competition concerns considerable cost demand deposits depreciation determined duties earnings economic effect efficiency exchange existing expenses fact Federal Federal Reserve Board fixed gild give given important income increase individual industry interest investment labor land less limited loans loss manufacturing marginal matter means measure ment methods mines monopoly natural necessary notes operation organization Pacific period persons plant point of view possible potash practice present principle problem production Professor profits question railroad rates reason regard regulation Report Reserve result scientific securities social society supply theory things tion true trusts United utility valuation York
Сторінка 253 - ... bank, no officer, director, employee, or attorney of a member bank shall be a beneficiary of or receive, directly or indirectly, any fee, commission, gift, or other consideration for or in connection with any transaction or business of the bank.
Сторінка 662 - Before coming to the question of profit at all the company is entitled to earn a sufficient sum annually to provide not only for current repairs but for making good the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from earnings the value of the property invested is kept unimpaired, so that at the end...
Сторінка 446 - They are led by an invisible hand to make nearly the same distribution of the necessaries of life, which would have been made, had the earth been divided into equal portions among all its inhabitants...
Сторінка 663 - If a different course were pursued, the only method of providing for replacement of property which has ceased to be useful would be the investment of new capital and the issue of new bonds or stocks.
Сторінка 281 - And we concur with the court below in holding that the value of the property is to be determined as of the time when the inquiry is made regarding the rates. If the property, which legally enters into the consideration of the question of rates, has increased in value since it was acquired, the company is entitled to the benefit of such increase.
Сторінка 55 - ... employers, and all officers and employees of the United States having the control, receipt, custody, disposal, or payment of interest, rent, salaries, wages, premiums, annuities...
Сторінка 377 - We are in favour of making the British sovereign a legal tender and a current coin in India. We also consider that, at the same time, the Indian mints should be thrown open to the unrestricted coinage of gold on terms and conditions such as govern the three Australian branches of the Royal Mint.
Сторінка 750 - In this world therefore every plain and simple doctrine as to the relations between cost of production, demand and value is necessarily false : and the greater the appearance of lucidity which is given to it by skilful exposition, the more mischievous it is.
Сторінка 816 - I do not know much about the tariff, but I know this much, when we buy manufactured goods abroad, we get the goods and the foreigner gets the money. When we buy the manufactured goods at home, we get both the goods and the money.