Gold and Debt: An American Hand-book of Finance, with Over Eighty Tables and Diagrams Illustrative of the Following Subjects: the Dollar and Other Units; Paper Money in the United States and Europe; Gold and Silver in the United States and Europe; Suspensions of Specie Payments; the Era of Gold; Values of the Precious Metals; the Era of Debt; the Rise and Fall of Prices; Also, a Digest of the Monetary Laws of the United States |
From inside the book
Results 1-5 of 78
Page 15
... circulation in any part of the world , could not be changed except by legislation to change the unit of values ; an act which , in justice to all debtors and creditors in the country , would require that there should be a concurrent and ...
... circulation in any part of the world , could not be changed except by legislation to change the unit of values ; an act which , in justice to all debtors and creditors in the country , would require that there should be a concurrent and ...
Page 16
... circulation . These are called " moneys of ex- change , " and do not necessarily agree with any of the monetary units established by different countries nor with the values of coins struck at the mints of any country . In order to have ...
... circulation . These are called " moneys of ex- change , " and do not necessarily agree with any of the monetary units established by different countries nor with the values of coins struck at the mints of any country . In order to have ...
Page 20
... circulation and were exported , leaving the gold coins as the principal part of the metallic currency in the United States . This was found so great an inconvenience that by the law of February 21 , 1853 , the silver fractional coins ...
... circulation and were exported , leaving the gold coins as the principal part of the metallic currency in the United States . This was found so great an inconvenience that by the law of February 21 , 1853 , the silver fractional coins ...
Page 21
... circulation agree with this standard of 4s . 6d . , the query naturally arises as to how it came to be adopted . A complete answer to this requires a glance into history . * In France a different valuation of the metals has had a ...
... circulation agree with this standard of 4s . 6d . , the query naturally arises as to how it came to be adopted . A complete answer to this requires a glance into history . * In France a different valuation of the metals has had a ...
Page 28
... circulation have probably not been inten- tional ; they are due simply to that proneness of all men to rest satisfied when they have found certain facts to sustain their preconceived notions . Indeed , the be- lievers in theories ...
... circulation have probably not been inten- tional ; they are due simply to that proneness of all men to rest satisfied when they have found certain facts to sustain their preconceived notions . Indeed , the be- lievers in theories ...
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Common terms and phrases
aggregate amount of coin amount of gold annum Asia asso Austria authorized average bank notes Bank of England Bank of France bearing interest Britain bullion capital stock cause cent centum certificates certificates of deposit circulating notes coin and bullion coinage Comptroller consumption of gold countries currency denominations deposit depreciation directors Europe exceed exceeding exchange exports five Germany gold and silver gold coin grains hereby increase issued Italy jewelry July June 30 lawful money legal tender less loan ment millions of dollars monetary national banking association North America organization certificate ounce paid paper money payable pennyweights period population precious metals production of gold railroad received redeem redemption revenue Russia Secretary shareholders silver coin specie payments stock of gold thereof tion treasury notes United States money United States notes value of gold value of silver weight
Popular passages
Page 209 - ... in the hands of such executor, administrator, guardian or trustee, shall be liable in like manner, and to the same extent as the testator or intestate. or the ward or person interested in such trust fund would have been, if he had been living and competent to act, and held the same stock in his own name.
Page 204 - Second, such as shall be mortgaged to it in good faith by way of security for debts previously contracted. Third, such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings. Fourth, such as it shall purchase at sales under judgments, decrees, or mortgages held by the association, or shall purchase to secure debts to it.
Page 201 - They shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with law, which the association may see fit to adopt for the regulation of its business and the conduct of its affairs.
Page 209 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Page 237 - ... upon the order of a court of record of competent jurisdiction, may sell or compound all bad or doubtful debts, and, on a like order, may sell all the real and personal property of such association, on such terms as the court shall direct; and may, if necessary to pay the debts of such association, enforce the individual liability of the stockholders.
Page 241 - ... all payments of money to either, made after the commission of an act of insolvency or in contemplation thereof...
Page 225 - Loans (Sec. 5200). —The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part of the amount of the capital stock of such association actually paid in.
Page 208 - The shareholders or stockholders of every banking or insurance corporation or association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such corporation or association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares or stock.
Page 203 - Sixth. To prescribe by its board of directors, by-laws not inconsistent with law, regulating the manner in which its stock shall be transferred^ its directors elected or appointed, its officers appointed, its property transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed.
Page 166 - ... provisions of a private, local, or temporary character, shall not repeal, or in any way affect any appropriation, or any provision of a private, local, or temporary character, contained in any of said acts, but the same shall remain in force ; and all acts of Congress passed prior to said last named day no part of which are embraced in said revision, shall not be affected or changed by its enactment.