A History of Banking in the United States
B. Rhodes & Company, 1900 - 880 pages
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Common terms and phrases
amendment amount appointed association authorized bank circulation banking system became bill bonds called capital capital stock caused cent certificates charter checks circulation clearing-house coin committee Comptroller Congress continued currency debt demand deposits discount dollars effect established existence extent failed failure favor February five four fund give gold Government hands held House hundred increase institutions interest issue January July June latter legal-tender notes less limit loan loss March measure millions National bank notes National banks necessary November obtain October officers operation organized paid passed period permitted present President profits proposed received redeemed redemption reduced referred regard reserve result resumption retire Savings Secretary Senate Sherman silver specie specie payments stockholders taken taxation thought tion Treasury United vote withdraw York
Page 52 - The absence of the precious metals will, it is believed, be a temporary evil; but, until they can again be rendered the general medium of exchange, it devolves on the wisdom of congress, to provide a substitute, which shall equally engage the confidence, and accommodate the wants, of the citizens throughout the Union. If the operation of the State banks cannot produce this result, the probable operation of a National Bank will merit consideration...
Page 264 - Provided, That nothing in this act shall be construed to prevent all the shares in any of the said associations, held by any person or body corporate, from being included in the valuation of the personal property of such person or corporation in the assessment of taxes imposed by or under State authority at the place where such bank is located, and not elsewhere...
Page 496 - An act to impose a tax on all banks, or branches thereof, in the State of Maryland, not chartered by the legislature...
Page 73 - An act to repeal the State tax on real and personal property, and to continue and extend the improvements of the State by railroads and canals, and to charter a State bank, to be called the United States Bank.
Page 732 - Provided, that no such grant or law shall have any force or effect until the same shall have been submitted to a vote of the electors of the State, at some general election, and been approved by a majority of the votes cast on that subject at such election.
Page 153 - And when any of said notes may be redeemed or be received into the Treasury under any law from any source whatever, and shall belong to the United States, they shall not be retired, cancelled, or destroyed, but they shall be reissued and paid out again and kept in circulation: Prowilted.
Page 292 - An Act to define and fix the standard of value, to maintain the parity of all forms of money issued or coined by the United States, to refund the public debt, and for other purposes...
Page 80 - The deposits of the money of the United States in places in which the said bank and branches thereof may be established shall be made in said bank or branches thereof unless the Secretary of the Treasury shall at any time otherwise order and direct, in which case the Secretary of the Treasury shall immediately lay before Congress, if in session, and, if not, immediately after the commencement of the next session, the reasons of such order or direction.
Page 36 - But one may be erected in relation to the collection of taxes, or to the trade with foreign countries, or to the trade between the States, or with the Indian tribes; because it is the province of the Federal Government...
Page 153 - That four months from and after the passage of this act, it shall not be lawful for the owner or...