A History of Banking in the United States |
From inside the book
Results 1-5 of 100
Page 25
... institution terminated by limitation in the year 1811 , and were not renewed . A second Bank of the United States ... institutions in the District of Columbia . Dur- ing this period attempts were made to enact a law authorizing a Bank ...
... institution terminated by limitation in the year 1811 , and were not renewed . A second Bank of the United States ... institutions in the District of Columbia . Dur- ing this period attempts were made to enact a law authorizing a Bank ...
Page 26
... institutions , one of which was successful for a time . In 1780 , occurred the darkest days of the Revolutionary War ... institution had been organized , and awaited recognition and co - operation . REVOLUTIONARY SUBSCRIPTION BANK , In ...
... institutions , one of which was successful for a time . In 1780 , occurred the darkest days of the Revolutionary War ... institution had been organized , and awaited recognition and co - operation . REVOLUTIONARY SUBSCRIPTION BANK , In ...
Page 29
... institution , and he proposed " The Company of the Bank of the United States , " with a capital of two hundred millions of dollars , to be incorporated by Congress for ten years . Previous to this , in 1763 , †Robert Morris , together ...
... institution , and he proposed " The Company of the Bank of the United States , " with a capital of two hundred millions of dollars , to be incorporated by Congress for ten years . Previous to this , in 1763 , †Robert Morris , together ...
Page 32
... institutions for the accom- modation of the Government . It was the moneys received from these banks that paid the first installment of the salary due President Wash- ington and the Senators and Representatives and officers of Congress ...
... institutions for the accom- modation of the Government . It was the moneys received from these banks that paid the first installment of the salary due President Wash- ington and the Senators and Representatives and officers of Congress ...
Page 35
... institution . In this report he considered the position of the Bank of North America , and , after giving that institution due credit for the services rendered the Government , he thought that an institution upon different principles ...
... institution . In this report he considered the position of the Bank of North America , and , after giving that institution due credit for the services rendered the Government , he thought that an institution upon different principles ...
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Common terms and phrases
act of June aggregate amendment amount appointed association authorized Baltimore Bank of England Bank of North banking capital banking law bill capital stock certificates charter circulating notes clearing-house coin committee Comptroller Congress corporation debt deposit lawful depositors deposits directors dividends failure favor February 25 free banking fund gold Government held holders Hugh McCulloch increase institutions interest January July July 12 June 20 lawful money legal-tender notes Legislature liability ment National Bank Act National bank circulation National bank notes National banking system national currency number of banks operation organized outstanding paid paper money passed Pennsylvania Philadelphia premium President profits real estate received redeemed redemption repeal reserve resumption retire Savings banks Secretary Senate Sherman silver six per cent specie payments stockholders Suffolk Bank surplus suspension taxation tion Treasury notes United States bonds United States notes vote withdraw York city