Federal Banking Laws and Reports, 1780-1912 ..., 50th Anniversary, 1913-1963 .... |
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Page 6
... effects , of what kind , nature or quality soever , to the amount of ten millions of Spanish silver milled dollars and no more ; and also to sell , grant , demise , alien , or dispose of the same lands , rents , tenements ...
... effects , of what kind , nature or quality soever , to the amount of ten millions of Spanish silver milled dollars and no more ; and also to sell , grant , demise , alien , or dispose of the same lands , rents , tenements ...
Page 10
... effect here contemplated is produced , and in which the benefit is gen- eral , is the increasing of the quantity of circulating medium , and the quickening of circulation . The manner in which the first happens , has already been traced ...
... effect here contemplated is produced , and in which the benefit is gen- eral , is the increasing of the quantity of circulating medium , and the quickening of circulation . The manner in which the first happens , has already been traced ...
Page 12
... effect supposed , as far as it has exist- ence , is temporary . The reverse of it takes place in the general and permanent operation of the thing . The capital of every public bank , will , of course , be restricted within a certain ...
... effect supposed , as far as it has exist- ence , is temporary . The reverse of it takes place in the general and permanent operation of the thing . The capital of every public bank , will , of course , be restricted within a certain ...
Page 13
... effect , of necessity , ceases . There is then no longer room for the investment of any additional capital . Stock may , indeed , change hands , by one person selling and another buying ; but the money which the buyer takes out of the ...
... effect , of necessity , ceases . There is then no longer room for the investment of any additional capital . Stock may , indeed , change hands , by one person selling and another buying ; but the money which the buyer takes out of the ...
Page 14
... effect of both upon industry is the same ; and that the intrinsic wealth of a nation is to be measured , not by the abundance of the precious metals con- tained in it , but by the quantity of the productions of its labor and industry ...
... effect of both upon industry is the same ; and that the intrinsic wealth of a nation is to be measured , not by the abundance of the precious metals con- tained in it , but by the quantity of the productions of its labor and industry ...
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Common terms and phrases
aforesaid agent amount annually appointed asso authority bank notes Bank of England Bank of United banking association bills of exchange branches capital stock cent centum certificates charter circulating medium circulating notes clearing-house coin commercial commercial paper committee comptroller Congress Constitution corporation deemed demand deposits depreciation discount dividends duty election equal established Executive existing funds further enacted gold and silver Government hundred incorporation increase institution lawful money legislation liabilities loans ment Metropolitan National Bank millions of dollars national bank national currency National Reserve Association necessary object operations opinion organization certificate organized paid paper Para Para Para payable persons present President principle public money purpose receive redeem regulate revenue Secretary shares stockholders subscribing subscriptions taxes thereof tion transactions transfer treasury notes United States bonds United States notes usury vote York