The Financial Organization of Society |
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Page vii
... give attention to civics , law , economics , social psychology , and other branches of the social sciences . His knowledge of environment should not be too abstract in char- acter . It should be given practical content , and should be ...
... give attention to civics , law , economics , social psychology , and other branches of the social sciences . His knowledge of environment should not be too abstract in char- acter . It should be given practical content , and should be ...
Page viii
... give the student an understanding of the financial institutions which the manager utilizes and which largely condition his financial policies . It presents one phase of his social environment . L. C. MARSHALL BASIC ELEMENTS OF THE ...
... give the student an understanding of the financial institutions which the manager utilizes and which largely condition his financial policies . It presents one phase of his social environment . L. C. MARSHALL BASIC ELEMENTS OF THE ...
Page xii
... give the student a view of the entire financial system before undertaking a highly critical study of any single part of it ; each financial institution can obviously be fully understood and critically appraised only when it is envisaged ...
... give the student a view of the entire financial system before undertaking a highly critical study of any single part of it ; each financial institution can obviously be fully understood and critically appraised only when it is envisaged ...
Page 11
... give as large a measure of satisfaction as $ 25 for rent and $ 125 for the remaining items ? Should $ 75 be spent for food and $ 20 for clothing , or should it be $ 85 for food and $ 10 for clothing ? The arrangement of a family budget ...
... give as large a measure of satisfaction as $ 25 for rent and $ 125 for the remaining items ? Should $ 75 be spent for food and $ 20 for clothing , or should it be $ 85 for food and $ 10 for clothing ? The arrangement of a family budget ...
Page 21
... . The value of each particular commodity expressed in dollars gives us the price of that commodity . The price level is an average of individual prices . STANDARD FOR DEFERRED PAYMENTS 21 Relation of Money and Prices.
... . The value of each particular commodity expressed in dollars gives us the price of that commodity . The price level is an average of individual prices . STANDARD FOR DEFERRED PAYMENTS 21 Relation of Money and Prices.
Contents
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Common terms and phrases
acceptance American amount assets balance bankers bill of lading bills of exchange borrowed broker cash cent certificates chap chapter checks Chicago clearing-house coins collateral commercial banks commercial paper house commodities corporation credit instruments current liabilities dealers demand deposit account depositors deposits discount dividends dollars draft economic enterprise exporter Federal Reserve Federal Reserve Act financial institutions fixed capital foreign funds gold important income increase individual indorsement industry interest investment banking investors issue letter of credit liabilities loans loss ment monetary mortgage national banks negotiable instrument operations organization paid payable payment pecuniary unit postal savings preferred stock present production profits promissory note purchase purpose rates receipt received risks savings banks savings institutions securities sell shares silver sold speculative statement Stock Exchange tion trade transfer Treasury trust company underwriting usually volume York York Stock Exchange
Popular passages
Page 555 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Page 176 - Except as herein otherwise provided, when a negotiable instrument has been dishonored by nonacceptance or nonpayment, notice of dishonor must be given to the drawer and to each indorser, and any drawer or indorser to whom such notice is not given is discharged.
Page 555 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...
Page 146 - Company. In a pompous advertisement it was announced that the directors of the Royal Academies Company had engaged the best masters in every branch of knowledge , and were about to issue twenty thousand tickets at twenty shillings each. There was to be a lottery: two thousand prizes were to be drawn; and the fortunate holders of the prizes were to be taught, at the charge of the Company, Latin, Greek, Hebrew, French, Spanish, conic sections, trigonometry, heraldry, japanning, fortification, bookkeeping...
Page 771 - States, shall have as a director or other officer or employee any private banker or any director or other officer or employee of any other bank, banking association or trust company located in the same place...
Page 72 - Philadelphia, shall be the standard troy pound of the mint of the United States, conformably to which the coinage thereof shall be regulated.
Page 599 - Any Federal reserve bank may, under rules and regulations prescribed by the Federal Reserve Board, purchase and sell in the open market, at home or abroad, either from or to domestic or foreign banks, firms, corporations, or individuals, cable transfers and bankers...
Page 614 - Federal reserve notes may, upon the direction of the Secretary of the Treasury, be deposited in Federal reserve banks, which banks, when required by the Secretary of the Treasury, shall act as fiscal agents of the United States ; and the revenues of the Government or any part thereof may be deposited in such banks, and disbursements may be made by checks drawn against such deposits.
Page 72 - 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...
Page 554 - 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 due to it.