Financing American Enterprise: The Story of Commercial Banking |
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Page 7
... keep its depositors , it had to keep their confidence . They had to be certain that they could get cash when they wanted it . One way of assuring this would have been for the bank to keep enough cash in the safe to pay them off in full ...
... keep its depositors , it had to keep their confidence . They had to be certain that they could get cash when they wanted it . One way of assuring this would have been for the bank to keep enough cash in the safe to pay them off in full ...
Page 21
... keep abreast of which were good and which were not . Newspapers carried lists of good and bad notes , and periodicals devoted entirely to evaluat- ing notes came into existence . The worst abuses of note issue were associated with the ...
... keep abreast of which were good and which were not . Newspapers carried lists of good and bad notes , and periodicals devoted entirely to evaluat- ing notes came into existence . The worst abuses of note issue were associated with the ...
Page 246
... keep pace , and unemployment , which averaged 4.4 per cent of the labor force in 1955 , did not fall appreciably below this level . To be sure , the economy did experience a vigorous boom in business capital investment in 1956 and 1957 ...
... keep pace , and unemployment , which averaged 4.4 per cent of the labor force in 1955 , did not fall appreciably below this level . To be sure , the economy did experience a vigorous boom in business capital investment in 1956 and 1957 ...
Contents
AMERICAN BANKING BEFORE 1863 | 16 |
ESTABLISHMENT OF THE NATIONAL | 40 |
AMERICAS AGE OF ENTERPRISE | 64 |
Copyright | |
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Financing American Enterprise: The Story of Commercial Banking Paul B. Trescott No preview available - 1982 |
Common terms and phrases
Allan Nevins American banking areas assets auto automobile bank credit bank loans bank-note bank's bankers became bonds boom borrowers branch branch banking Bray Hammond business firms capital cash cent century chartered circulation City Bank commercial banks Congress consumer corporate created currency debt demand depositors depression economy enterprise expanded facilities farm farmers Federal Reserve Act Federal Reserve System finance free banking funds gold growth important income increased increasingly industry inflation instalment institutions interest rates investment J. P. Morgan Jay Cooke labor banks lending major Mellon ment merchants million monetary policy money supply mortgage loans national banking system needed number of banks operations output Pacific panic payments Pennsylvania period postwar President private banks problem production profits purchases rail railroad rise role savings securities sumer tion tional bank total expenditures town Treasury Treasury securities Trust Company United York