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Author: Charles Arthur Conant
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 814
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Book Description
Author: Charles Arthur Conant
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 814
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Book Description
Author: Conant
Publisher:
ISBN:
Category :
Languages : en
Pages : 624
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Book Description
Author: Charles Arthur Conant
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 622
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Author: Charles Arthur Conant
Publisher: Harvard University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 874
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Author: Charles Arthur Conant
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 784
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Author: C. K. Conant
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Charles A. Conant
Publisher:
ISBN: 9781330607312
Category : Business & Economics
Languages : en
Pages : 812
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Book Description
Excerpt from A History of Modern Banks of Issue The declaration made in the first edition of this work, published in 1896, that financial and economic subjects promised to be "the paramount issues of American politics for many years to come," has been verified by events. While the United States have taken some long steps in the direction of a sound monetary system, the question of a proper banking currency still remains unsettled and is at this moment under investigation by a special commission authorized by Congress. It seems proper, therefore, that a summary of the experience of the world in banking should be presented to the public which includes the events of the past twelve years as well as those of earlier times. The fact stated in the preface to the first edition, that there is no work in English covering exactly the ground covered by Modern Banks of Issue, has remained substantially true. One larger and more elaborate work, written by different authors, and a few bald summaries of facts and statistics have been published, but, apart from these, there is no other volume which brings together in connected and accessible form the record of the banking experiences of the world. Important events have taken place in both banking and political history during the past twelve years. The United States have become competitors for the commercial empire, of the Orient to a degree which has justified much more extended accounts than were given before of banking and currency conditions in Oriental countries. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Charles Arthur Conant
Publisher:
ISBN: 9781112460012
Category : Banks and banking
Languages : en
Pages : 620
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Book Description
Originally published in 1896. This volume from the Cornell University Library's print collections was scanned on an APT BookScan and converted to JPG 2000 format by Kirtas Technologies. All titles scanned cover to cover and pages may include marks, notations and other marginalia present in the original volume.
Author: Charles A. Conant
Publisher:
ISBN: 9780841423756
Category :
Languages : en
Pages :
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Author: Charles Arthur Conant
Publisher: Theclassics.Us
ISBN: 9781230255842
Category :
Languages : en
Pages : 270
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Book Description
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ...system, it is a security which has followed the ups and downs of government paper money. There was neither purpose nor pretence of maintaining the notes of national banks at parity with coin while the notes of the government itself and the bonds by which bank-notes were secured were depreciated. Banknotes remained from 1864 to 1879 at par with government obligations because those obligations themselves were far below par in coin. If the banks issuing circulation upon securities were the model for the national banks of to-day, the banks of State which existed before the war were the models and the prototypes of the Federal treasury management under the rtgime of legal tender paper. Their issues were not banknotes in the sense in which banking currency is opposed to a government paper currency, but they were simply the bills of credit of the State resting upon the credit of the State as completely as the paper roubles of the Bank of Russia. The fact that they were hardly ever maintained at par in coin, in spite of the great wealth and undoubted honesty and good faith of the people of the various commonwealths, is a practical demonstration of the folly of attempting to do a banking business upon general credit without quick assets. The lesson of the history of the State banking systems, reduced to its simplest terms, is the success of the systems based upon the banking principle and the failure of the systems based upon the deposit of securities, like the national banking system, or based simply upon the public credit, like the government currency system of the United States. One of the essential errors of early banking in the United States was the undue expansion of credit upon slender resources. It is an error common in a new country and...
