BULLION and Foreign Exchanges are subjects generally comprised among the contents of higher class books on Practical Arithmetic; though, of course, the consideration given in works of the kind to these interesting topics is necessarily only limited and superficial, at the best. There are several publications on Banking and Commercial Business which go somewhat...
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PREFACE I earnestly invite the most serious attention, with unbiased mind, of every one especially rulers, statesmen, legislators, and economists — to this analysis of the world’s prices and foreign and colonial exchanges of intermediaries; and to the simple arithmetical demonstration to travellers, traders, and financiers of their effects upon the interchanges of things between man...
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The recurrence at the present time of one of those visitations of commercial and financial distress of which I have, during a long life, experienced so many, has once more forced upon the consideration of Parliament and the public the interminable subject of banking and circulation. Whatever may be the variance of opinions on...
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THE PROBLEM For many years the country has suffered from recurring periods of severe financial stringency. During these periods interest rates have been excessively high, and business men have lost heavily through inability to obtain necessary loans and discounts from the banks. At times wide-spread panic and general suspension of payments by the banks...
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INTRODUCTION THE following work is an attempt to explain, in as clear and simple language as possible, the elementary principles of Currency and Banking, their progressive development in practice, and the laws at present affecting them. Many of the works already existing on these subjects are excellent in several respects, and contain much valuable information; but...
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Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left) LINK http://bikibook.com/books/the-theory-and-practice-of-banking-vol-2/ EMBED
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PREFACE THE principles of the following Work have appeared in former publications, but are more fully developed in this. Those publications have not been generally read, but were not, perhaps, without their effect. They at least have furnished the sub-stratum of more than one popular essay: if any writings on subjects of Political Economy can...
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PREFACE Designed mainly for class, room use in connection with one of the introductory manuals on the subject of Money and Banking or of Money and Currency, this volume, in itself, lays no claim to completeness. Where its use is contemplated the problems of emphasis and proportion are, accordingly, to be solved by the...
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PREFACE In the present edition of these Lectures I have corrected some inaccuracies which occurred in the first. I have in many places, where my meaning seemed to be obscure, endeavoured to make it plain ; and I have, in some instances, altered the arrangement of the subjects. I believe that they are thus better...
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THE metals have so long performed the use of money, that money and coin are become almost synonymous, although in their principles they be quite different. The first thing therefore to be done in treating of money, is, to separate two ideas, which, by being blended .together, have very greatly contributed to throw a...
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LESSONS OF THE FINANCIAL CRISIS – THE ANNALS OF THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE THE PANIC AS A WORLD PHENOMENON By Frank A. Vanderlip, Vice-President National City Bank, New York. It might very properly be urged that the present is too early a date for us to draw wise conclusions from the lessons...
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ABSTRACT This paper presents a simple, intuitive theory of business risk. The results are used to explain empirical observations of Beaver on the power of various financial ratios to predict failure of firms, and to hypothesize improved predictive ratios for use in selecting attractive risk situations and in determining appropriate risk premiums. LINK http://bikibook.com/books/a-simple-theory-of-financial-ratios-as-predictors-of-failure/ EMBED
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ESSAY ON BANKING BANKS are by far the most important of all our commercial establishments. They are the fountains of our currency, the depositories of our capital, and at once the wheels and pillars of our trade. Business to any great extent could not be carried on without them. All who have cash transactions...
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Chances for Success in the Stock Market Stock market speculation, notwithstanding all the calumnies and maledictions heaped upon it since its inception, is steadily increasing throughout the length and breadth of the land. There is no gainsaying the fact that speculation has been the cause of many a lost fortune, but one should not forget...
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PREFACE This book, as its name indicates, is concerned with the every-day financial problems of the private business concern. The point of view taken throughout is that of an organizer or financial manager of an enterprise. While the book deals primarily with business conditions and financial practice in the United States, it includes many...
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