The United States of America ...Ginn and Company, 1933 - United States |
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Page 431
... banks , and one national bank in New York City . The panic spread from the financial center to the rest of the country . The New York banks not being able to meet the demands of their cred- itors for the shipment of currency , specie ...
... banks , and one national bank in New York City . The panic spread from the financial center to the rest of the country . The New York banks not being able to meet the demands of their cred- itors for the shipment of currency , specie ...
Page 552
... bank would have to pay $ 105,000 for $ 100,000 worth of bonds at par value ; and since , until the law of March , 1900 , the banks were allowed to issue notes only up to 90 per cent of the par value of the bonds , the amount of credit ...
... bank would have to pay $ 105,000 for $ 100,000 worth of bonds at par value ; and since , until the law of March , 1900 , the banks were allowed to issue notes only up to 90 per cent of the par value of the bonds , the amount of credit ...
Page 553
... Bank notes . So that eventually all the paper currency in circulation , except the greenbacks and the gold and silver certificates , will be Federal Reserve notes of one type or the other.1 Although the Federal Reserve Banks did not ...
... Bank notes . So that eventually all the paper currency in circulation , except the greenbacks and the gold and silver certificates , will be Federal Reserve notes of one type or the other.1 Although the Federal Reserve Banks did not ...
Contents
THE RECONSTRUCTION | 1 |
PROSPERITY AND PROTEST | 22 |
POLITICAL CONVALESCENCE | 55 |
Copyright | |
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