Hearings and Arguments Before the Committee ...U.S. Government Printing Office, 1897 |
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Página 397
United States. Congress. House. Committee on Banking and Currency. Mr.
FOWLER . Isn't it a fact that these bonds that you speak of are held in the large
cities of those States by the large banks , and not by the country banks ? Mr.
BROSIUS .
United States. Congress. House. Committee on Banking and Currency. Mr.
FOWLER . Isn't it a fact that these bonds that you speak of are held in the large
cities of those States by the large banks , and not by the country banks ? Mr.
BROSIUS .
Página 407
Yes ; it is absolutely essential to maintain current redemptions to have the
currency issued safe and sound and of any benefit to the people . Mr. FOWLER .
The essential counterpart ? Mr. ECKELS . Yes , to maintain the credit of their
currency .
Yes ; it is absolutely essential to maintain current redemptions to have the
currency issued safe and sound and of any benefit to the people . Mr. FOWLER .
The essential counterpart ? Mr. ECKELS . Yes , to maintain the credit of their
currency .
Página 410
Mr. FOWLER . Would it not be a great advantage not to tie up a single dollar of
the capital of the bank and take out the same amount of circulation that the banks
have of bonds ? Would it not be an advantage especially to the Western banks ...
Mr. FOWLER . Would it not be a great advantage not to tie up a single dollar of
the capital of the bank and take out the same amount of circulation that the banks
have of bonds ? Would it not be an advantage especially to the Western banks ...
Página 413
Mr. FOWLER . And a credit system of notes ? Mr. ECKELS . Yes ; but it is a matter
of education . Mr. FOWLER . Do you know whether or not they are in the habit of
having bank panics in Canada as they have them here in the United States !
Mr. FOWLER . And a credit system of notes ? Mr. ECKELS . Yes ; but it is a matter
of education . Mr. FOWLER . Do you know whether or not they are in the habit of
having bank panics in Canada as they have them here in the United States !
Página 427
Mr. FOWLER . No silver in it . Mr. Hill . No silver in your bill ? Mr. FOWLER . No ,
sir ; and that these Government bond notes are then redeemable upon demand
in gold . Now , the object I had in that was that this was a transition period , and
so ...
Mr. FOWLER . No silver in it . Mr. Hill . No silver in your bill ? Mr. FOWLER . No ,
sir ; and that these Government bond notes are then redeemable upon demand
in gold . Now , the object I had in that was that this was a transition period , and
so ...
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Términos y frases comunes
American amount assets association authorized bankers banking system believe bill bonds branch BROSIUS capital carry cause cent certificates CHAIRMAN circulation clearing house coin committee Comptroller Congress corporation cost currency demand deposits difference discount dollars ECKELS effect England equal established exchange existing expense fact follows FOWLER fund give gold Government greenbacks hand held HILL important increase interest issue keep legal tenders legal-tender less limit loans loss maintain matter means meet national banks national-bank necessary NEWLANDS notes obligations organized paid paper money payment present profit question reason receive redeem redemption reserve retired ROYALL Secretary shows silver South SPALDING statement thing tion Treasury Treasury notes understand United Walker whole York
Pasajes populares
Página 366 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Página 470 - ... 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.
Página 471 - ... issues or puts forth any certificate of deposit, draws any order or bill of exchange, makes any acceptance, assigns any note, bond, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report...
Página 92 - ... false entry in any book, report, or statement of the association, with intent, in either case, to injure or defraud the association or any other company, body politic or corporate, or any individual person, or to deceive any officer of...
Página 93 - ... or cause or suffer the same to be used in forging or counterfeiting any of the notes...
Página 467 - 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.
Página 88 - To sue and be sued, complain and defend, in any court of law or equity, as fully as natural persons.
Página 378 - Federal reserve bank making such deposit in the manner provided by existing law, shall be entitled to receive from the Comptroller of the Currency circulating notes in blank, registered and countersigned as provided by law, equal in amount to the par value of the bonds so deposited.
Página 89 - That in all elections of directors, and in deciding all questions at meetings of shareholders, each shareholder shall be entitled to one vote on each share of stock held by him. Shareholders may vote by proxies duly authorized in writing; but no officer, clerk, teller, or book-keeper of such association shall act as proxy; and no shareholder whose liability is past due and unpaid shall be allowed to vote.
Página 92 - That if any person shall falsely make, forge or counterfeit, or cause or procure to be falsely made, forged or counterfeited, or willingly aid or assist in falsely making, forging or counterfeiting any...
Información bibliográfica
| Título | Hearings and Arguments Before the Committee ... Hearings and Arguments Before the Committee, United States. Congress. House. Committee on Banking and Currency |
| Autor | United States. Congress. House. Committee on Banking and Currency |
| Editor | U.S. Government Printing Office, 1897 |
| Procedencia del original | Biblioteca del Congreso |
| Digitalizado | 15 Mar 2007 |
| Exportar cita | BiBTeX EndNote RefMan |