Summary of your 'study carrel' ============================== This is a summary of your Distant Reader 'study carrel'. The Distant Reader harvested & cached your content into a collection/corpus. It then applied sets of natural language processing and text mining against the collection. The results of this process was reduced to a database file -- a 'study carrel'. The study carrel can then be queried, thus bringing light specific characteristics for your collection. These characteristics can help you summarize the collection as well as enumerate things you might want to investigate more closely. This report is a terse narrative report, and when processing is complete you will be linked to a more complete narrative report. Eric Lease Morgan Number of items in the collection; 'How big is my corpus?' ---------------------------------------------------------- 38 Average length of all items measured in words; "More or less, how big is each item?" ------------------------------------------------------------------------------------ 55596 Average readability score of all items (0 = difficult; 100 = easy) ------------------------------------------------------------------ 71 Top 50 statistically significant keywords; "What is my collection about?" ------------------------------------------------------------------------- 12 United 12 States 11 New 10 York 10 England 9 money 8 Mr. 8 Bank 7 gold 7 National 7 Government 7 Exchange 6 value 6 Stock 6 House 5 silver 5 London 5 Germany 5 France 5 Company 5 Committee 5 Act 4 price 4 american 4 Street 3 english 3 Treasury 3 Reserve 3 Europe 3 Clearing 3 City 2 war 2 time 2 sidenote 2 man 2 illustration 2 finance 2 currency 2 business 2 bank 2 William 2 Wall 2 Trust 2 System 2 Sir 2 Senator 2 Savings 2 San 2 Professor 2 President Top 50 lemmatized nouns; "What is discussed?" --------------------------------------------- 18998 % 9070 bank 8569 money 4956 value 4573 gold 4531 time 4114 price 3760 year 3320 country 3271 stock 3225 business 2844 man 2580 credit 2418 exchange 2417 cent 2407 market 2402 amount 2363 interest 2345 day 2325 deposit 2281 silver 2238 system 2188 note 2016 rate 1977 bill 1961 people 1918 case 1878 reserve 1867 capital 1835 company 1797 loan 1730 fact 1699 law 1696 part 1664 security 1624 demand 1618 dollar 1569 thing 1559 banking 1539 way 1536 currency 1526 paper 1516 account 1505 banker 1428 theory 1423 trade 1417 coin 1406 bond 1392 power 1291 payment Top 50 proper nouns; "What are the names of persons or places?" -------------------------------------------------------------- 14618 _ 5505 | 3075 Bank 2917 Mr. 2877 Est 2213 New 1894 York 1790 States 1641 England 1519 United 1346 Savings 1193 Banks 1182 Government 1049 London 977 Exchange 862 Reserve 789 || 760 House 757 State 751 Stock 751 Company 721 France 695 Committee 689 MR 686 Federal 679 Office 676 National 649 Rogers 568 Act 566 Post 529 Street 517 A. 484 Boston 477 Clearing 457 Standard 441 Ireland 428 n. 426 Wood 419 Germany 418 Treasury 411 City 410 Fisher 400 Oil 390 pp 386 Professor 374 Europe 369 Goldfield 368 Q. 360 System 354 H. Top 50 personal pronouns nouns; "To whom are things referred?" ------------------------------------------------------------- 20240 it 9304 i 7309 they 7107 he 5719 we 4322 you 4113 them 1611 him 1600 me 1338 us 773 itself 741 themselves 533 himself 276 she 270 myself 196 one 104 ourselves 103 her 73 yourself 43 mine 34 yours 34 ours 28 herself 18 theirs 18 ''em 13 his 8 ''s 7 d''oro 5 oneself 3 yourselves 3 outgo 3 em 2 yelf 2 whereof 2 thee 2 p 2 60_l 1 |bank 1 | 1 you''ll 1 ye 1 worse.--but 1 these:-- 1 pelf 1 m 1 gold--1 1 demand?--we 1 banks,--which 1 b----itself 1 4s Top 50 lemmatized verbs; "What do things do?" --------------------------------------------- 76272 be 22313 have 6522 do 6015 make 3074 say 3037 give 3028 take 2767 pay 1992 go 1883 see 1814 know 1791 come 1788 find 1691 sell 1672 get 1521 use 1465 increase 1367 buy 1327 receive 1305 think 1300 call 1296 follow 1294 show 1274 become 1260 keep 1123 hold 1101 issue 1086 bring 1009 put 996 carry 907 seem 903 require 876 want 825 draw 817 meet 799 work 773 mean 772 send 761 consider 758 pass 751 leave 711 fall 700 provide 682 begin 666 remain 652 fix 633 tell 625 need 617 represent 614 let Top 50 lemmatized adjectives and adverbs; "How are things described?" --------------------------------------------------------------------- 12101 not 4891 other 4327 so 4157 more 3698 only 3693 great 2935 such 2442 very 2388 same 2302 much 2278 as 2062 large 2060 now 2042 most 2030 up 2010 first 2000 well 1944 then 1894 many 1869 good 1863 out 1572 even 1520 new 1457 general 1441 own 1440 also 1433 however 1355 less 1348 high 1264 far 1242 long 1124 here 1101 small 1031 present 1029 therefore 1015 thus 1007 foreign 989 just 975 little 964 commercial 954 never 934 few 933 always 904 certain 897 real 874 possible 868 necessary 843 financial 842 important 834 public Top 50 lemmatized superlative adjectives; "How are things described to the extreme?" ------------------------------------------------------------------------- 558 most 496 least 488 good 339 great 174 high 116 large 96 low 84 Most 75 bad 52 slight 46 early 42 late 38 small 35 strong 34 manif 24 near 24 full 23 big 21 old 20 rich 19 safe 19 poor 16 cheap 15 wise 15 simple 13 heavy 13 able 12 wide 12 hard 12 fine 12 easy 9 close 8 huge 8 grave 8 broad 7 wealthy 7 sure 7 shrewd 6 wild 6 minute 6 long 6 common 6 bright 5 weak 5 new 5 mighty 5 mean 5 l 5 keen 5 clear Top 50 lemmatized superlative adverbs; "How do things do to the extreme?" ------------------------------------------------------------------------ 1484 most 139 least 89 well 2 highest 1 ¦ 1 worst 1 quick 1 hard 1 cheapest Top 50 Internet domains; "What Webbed places are alluded to in this corpus?" ---------------------------------------------------------------------------- 2 www.archive.org 2 archive.org Top 50 URLs; "What is hyperlinked from this corpus?" ---------------------------------------------------- 1 http://www.archive.org/details/readingsnimoney00philuoft 1 http://www.archive.org/details/newyorkstockexch00kahnrich 1 http://archive.org/details/federalreservemo00clarrich 1 http://archive.org Top 50 email addresses; "Who are you gonna call?" ------------------------------------------------- Top 50 positive assertions; "What sentences are in the shape of noun-verb-noun?" ------------------------------------------------------------------------------- 26 money is not 22 banks do not 14 value is not 11 banks are not 10 business carried on 9 money was not 8 gold does not 8 money does not 8 prices are high 7 _ are _ 7 bank does not 7 bank is not 7 banks have not 7 gold has not 7 men do not 7 money is only 6 _ do not 6 gold is not 6 silver has not 6 system is capable 6 time is not 6 value does not 5 banks were not 5 business is not 5 country has ever 5 credit does not 5 money is _ 5 notes are legal 5 silver had not 5 time did not 5 time went on 4 _ increase _ 4 _ is _ 4 _ see _ 4 _ was _ 4 bank are not 4 bank has never 4 bank is always 4 banks are primarily 4 banks is not 4 business is business 4 business is good 4 credit is good 4 credit is not 4 man does not 4 market is not 4 money is always 4 money is gold 4 money is very 4 money is worth Top 50 negative assertions; "What sentences are in the shape of noun-verb-no|not-noun?" --------------------------------------------------------------------------------------- 3 money is not unique 2 banks have no capital 2 banks have no security 2 exchange is no robbery 2 market are not often 2 money has no utility 2 money is not alone 2 prices is not due 2 reserves are not reserves 2 time is not yet 2 value is not physical 1 _ are not simple 1 _ be no issue 1 _ do not _ 1 _ does not normally 1 _ had no right 1 _ is no part 1 _ keep no record 1 _ made no mention 1 amount is not rigidly 1 bank are not large 1 bank are not so 1 bank give no such 1 bank had no means 1 bank had no responsibility 1 bank had no right 1 bank has no branches 1 bank has no charter 1 bank has no control 1 bank has no fairy 1 bank has no intention 1 bank has no option 1 bank has no property 1 bank has no special 1 bank has not always 1 bank has not only 1 bank has not yet 1 bank is not able 1 bank is not fit 1 bank is not nearly 1 bank makes no secret 1 bank pays no dividends 1 bank was not quite 1 bank were not available 1 banks are not free 1 banks are not likely 1 banks are not savings 1 banks did not originally 1 banks had no power 1 banks had not yet A rudimentary bibliography -------------------------- id = 34823 author = Anderson, Benjamin M. (Benjamin McAlester) title = The Value of Money date = keywords = Bank; City; Economics; Exchange; Fisher; Kemmerer; Kinley; Loc; March; New; Principles; Professor; Schumpeter; Social; States; Stock; United; York; chapter; money; price; theory; value summary = functions of money in economic life; the theory of the values of stocks Problem of value of money special case of general theory of Capitalization theory assumes money, and fixed value of Marginal utility and "commodity theory" of money-value 81-82 Extreme commodity theory denies that money-use adds to value the term, value of money, means merely the average of prices (or the money-unit is fixed in value, variations in prices in the fluid market economic value is merely a special case of the general theory of social offer the quantity theory to explain the value of money. of money have usually not written largely on the general theory of value theory rests on the assumption of a fixed value of the money unit. bearing of index numbers of prices on the theory of the value of money 1. The theory of the value of money is a special case of the general id = 17374 author = Anonymous title = Bank of the Manhattan Company, Chartered 1799: A Progressive Commercial Bank date = keywords = Company; Manhattan summary = [Illustration: PRESENT OFFICE OF THE MANHATTAN COMPANY For fifteen years this bank, together with the New York branch of in control of the Legislature, new bank charters were unobtainable. charter for the purpose of "supplying the City of New York with pure and supply of pure and wholesome water for the City of New York. [Illustration: MANHATTAN COMPANY RESERVOIR ON CHAMBERS STREET] [Illustration: MANHATTAN COMPANY CURRENCY] the Manhattan Company deposited therein. The Bank of the Manhattan Company was profitable from the start and interests" of the New York State Bank of Albany and the Manhattan Manhattan Company was one of the banks to receive the Government In 1853 the Manhattan Company became one of the original members of the From 1853 down to 1880, the Manhattan Company''s deposits averaged [Illustration: Building of the Manhattan Company The Manhattan Company, acting as the reserve agent of many State banks id = 4359 author = Bagehot, Walter title = Lombard Street: A Description of the Money Market date = keywords = Act; Bank; Banking; Department; England; Government; Governor; Lombard; London; Mr.; Street; english; money summary = therefore, an English banker retains a sum of Bank of England notes their money, and deposit the remnant either with the Bank of England reserve of the London bankers being on deposit in the Bank of England keeps as a great reserve in bank notes and coin between 30 pay a large sum in cash trench of necessity on the banking reserve. London bankers, other than the Bank of England, effect this in Bank of England keeps the ''State account'' and is the Government joint stock company permitted to issue bank notes in England. Bank rate is fixed, a great many persons who have bills to discount of the Bank of England to keep money available at all times to found that the Bank had the power to lend money on deposit of goods. reserve at the Bank of England, and from the bankers'' balances; and id = 27957 author = Bauman, G. A. title = Plain Facts date = keywords = young summary = It is the manager and the financier who is the practical one. It is the young man with good habits who has a bank account, who shows It is the young woman who trains herself with the duties of home-work, What a young man neglects before his thirtieth birthday, he can never life, and that is good financiering. It is a question not so important how to save, as how to promote the Common sense is the only true promoter of mankind and yet how few of Every parent who neglects to teach his child to work is robbing it of If you wish to rear a good boy, teach him how to work. If you wish to bring up a good girl, teach her to be useful. Common sense should be the first principle in the make-up of a young cultivate the good-for-nothing young man. becoming rich, the importance of acquiring the knowledge of common id = 16320 author = Bookwalter, John W. (John Wesley) title = If Not Silver, What? date = keywords = England; Europe; France; States; United; gold; great; silver; value; year summary = gold as compared with silver had increased fivefold in six years and In the eight years of 1853-60 France imported gold to the value of money: that the silver or gold mined in any one year is added to the gold and silver from 1493 to 1870, and also average ratio of values of the silver mined as of gold, and during these years the change in the ratio and lowest ratio of silver to gold from 1681 to and including the year in the gold production was double that of silver; for the next eighty years gold in the last few years, the production of silver fell but little short Can this great nation coin silver and gold on the same terms, at the ratio time the world''s production of silver was in excess of that of gold to an of the values of gold and silver during the bimetallic period of France. id = 6716 author = Brooks, George W. title = The Spirit of 1906 date = keywords = California; Company; Francisco; Insurance; San; fire; time summary = Founder of the California Insurance Company (as reorganized in the year Published by the California Insurance Company of San Francisco 1921 directors and stockholders of the California Insurance Company, who The California Insurance Company having played one of the leading parts that the California Insurance Company would resume business in the city, inquired in quiet tones if the California Insurance Company could "The California Insurance Company Will Pay in Full." announcing that the California Insurance Company would pay all its re-insurance claim from a company whose home office is in New York. Spencer, at that time manager of the Aetna Insurance Company, presided, Alphabetically, the California Insurance Company came early in In the California Insurance Company office, the position of secretary time to make a claim against the insurance companies; that everything re-insuring company, he would not follow the California for more than California Insurance Company. California Insurance Company. id = 26841 author = Butler, John James title = Successful Stock Speculation date = keywords = Exchange; New; York; buy; stock summary = Trader: A person who buys and sells stocks is usually referred to as a Speculator: This word refers to a person who buys stocks for profit, Bull: One who believes that the market price of stocks will advance is If the market price of any stock is far below its intrinsic value and As a usual thing, it is a good time to buy stocks when nearly everybody You should sell stocks when the market price is too high. Another general rule, is to sell stocks when nearly everybody is buying THE MONEY MARKET AND STOCK PRICES THE MONEY MARKET AND STOCK PRICES supplying good news about the stock and the public buys it. right to sell your stock provided the market price drops down to the might sell a stock short because you know the market price is 100% 1922) is buying time in the stock market, and it is possible that this id = 45824 author = Denis, Hector title = Social Comptabilism The Cheque and Clearing Service in the Austrian Postal Savings Bank. Proposed Law laid before the Chamber of Representatives of Belgium date = keywords = Bank; Central; Office; Post; Savings; Service; Vienna; deposit; order summary = the depositor remained the holder of his account-book, but from Dec. 1 1886, the deposit of all such books at the Central Office in Vienna The tax-payers having a cheque-account in the Post Office Savings Bank Post Office Savings Bank deposit-books can be sequestered, and in like and Clearing) Service at the Post Office Savings Bank are to be carried The guarantee deposit remains in the Post Office Savings Bank as long the Orders'' (Cheque and Clearing) Service of the Post Office Savings The Guarantee-deposit will remain at the Post Office Savings Bank as The Post Office Savings Bank will keep for three years the accounts, The Post Office Savings Bank receives from Depositors, Coupons of account-book are already in the Post Office Savings Bank. The Post Office Savings Bank will open an account for each depositor. The Post Office Savings Bank will open an account for each depositor. id = 59042 author = Duguid, Charles title = The Stock Exchange date = keywords = Commission; Committee; Exchange; House; List; Official; Royal; Stock; member; price; share summary = security in the free market which the Stock Exchange affords. amount of securities officially quoted in the Stock Exchange is Stock Exchange, or the House, as the members and even the Rules century it was decided by the members of the Stock Exchange of that day member on the special terms has now to buy one Stock Exchange share, and new member to hold one or more shares in the Stock Exchange. respects as members of the Stock Exchange; they pay the same fees and brokers who are not members of the Stock Exchange, whose business ought this reason, some members of the Stock Exchange--for the rule against Meantime, brokers who are not members of the Stock Exchange--outside the Stock Exchange, and that lists of those members who are brokers--it the selling broker proceeds to hand it, with the seller''s stock or share Shares of the Stock Exchange, 16 id = 52460 author = Emerson, Willis George title = Emerson on Sound Money A Speech, 1896 date = keywords = States; United; american; applause; gold; money; silver summary = THE REPUBLICAN PARTY COMES BEFORE THE AMERICAN PEOPLE ADVOCATING THE MAINTENANCE OF THE GOLD STANDARD AND THE USE OF SILVER AS MONEY, IN circulation the higher priced money, and as a result, we had silver as financial question, is the use of both gold and silver as money; TO-DAY THE COMMERCIAL RATIO BETWEEN SILVER AND GOLD IS ABOUT 32 TO 1. In the countries on a silver basis we find the Central American states single gold coin circulating among the people, moreover, that the silver standard country does not exist where the United States gold dollar, the country by using both gold and silver as currency, than we possibly of gold and silver 118 times in twelve years in trying to balance on the What "Coin" Harvey and the advocates of free silver demand is not advocates of free silver and believers in the false theories of "Coin''s" id = 29364 author = Escher, Franklin title = Elements of Foreign Exchange: A Foreign Exchange Primer date = keywords = London; New; Paris; York; american; bill; exchange summary = "long" exchange--The operation of lending foreign money New York will, in the great majority of cases, draw a sterling draft day in New York there will be merchants with sterling drafts on London New York capital from the foreign markets, exchange had sold down to a to raise the rate of exchange upon London, at New York or Paris or whole amount of foreign exchange dealt in in the New York market, will shipper''s hands by some foreign exchange banker in New York. exchange in the New York market than "payment" bills, which may be Bankers who do a foreign exchange business, keeping large balances in the exchange market, the banker''s business being to draw and sell on foreign-exchange-bankers'' operations, but the fact that bills of business it is the selling by bankers of their demand bills of exchange New York banker sells his draft on London for id = 46499 author = Fonda, Arthur Isaac title = Honest Money date = keywords = States; United; commodity; gold; money; price; silver; value summary = means an increase in the value of money, and a general rise of prices falling prices of his products, is injured by an increased money value. The test of invariable money value is stability of prices in general. money as a whole by increasing the supply, and since the value of gold and thereby may cause the money of one country to rise in value while whatever on prices and money values as between two different periods. operating either to decrease or increase money value in one country affected by changes of money value in other countries, but determined money value under the gold standard as tested by average prices:-commodities in general, because gold has increased in value. an increasing money value, so that some prices might not alter at all, silver and a gold standard country when the relative values of the two The prices and values of gold and silver would then id = 60029 author = Fowler, Charles N. (Charles Newell) title = Seventeen Talks on the Banking Question Between Uncle Sam and Mr. Farmer, Mr. Banker, Mr. Lawyer, Mr. Laboringman, Mr. Merchant, Mr. Manufacturer date = keywords = Act; American; BANKER; Bank; Clearing; Credit; England; Germany; Government; House; LAWYER; National; New; Notes; Reserve; SAM; States; Treasury; UNCLE; United; York; manufacturer; merchant; section summary = silver dollar, the United States Note, the National Bank Note all money, these United States Notes, Bank Notes and Silver Dollars, the United States Notes are applicable equally to these bond-secured Bank BANKER: These bank notes or this Credit Currency will always be I define a Credit Currency as follows: _a note issued by a bank against The highest note issue of the first United States Bank was $5,900,000, The highest note issue of the second United States Bank was were then issuing notes in the United States, including the 500 banks credit bank note, currently redeemed in gold coin. $3,500 of United States notes, or greenbacks; $4,500 National bank hold a National Bank Note as reserve; but the great State of New York deposits subject to check, and a true credit currency, or a bank note and thereafter no national bank shall hold a United States note as a id = 38050 author = Gash, Thomas C. title = All (Frightfully Unofficial) About an Old Friend of Mine What He Most Probably Was. What He Most Certainly Will Be, and Who Has Done This? Why the Cat. date = keywords = illustration summary = [Illustration: At 10 years Service, he has his doubts.] [Illustration: This is the BC of 20 years Service--he--_hasn''t any [Illustration: AT 40, 50, or 150 years Service, _he wonders_ (_ha! [Illustration: This generous proposal does''nt satisfy our greedy old [Illustration: Once he dreamt (silly Old boy) he dreamt] [Illustration: (but dreams) [Illustration: (but dreams) [Illustration: (but dreams) [Illustration: (but dreams) [Illustration: (very happy dreams) [Illustration: And _THIS is the result of his lifes labour_] [Illustration: And you are going to make the satisfaction just a _leetle Mutual_; Sir, indeed we ought to thank you very much; Said a new and [Illustration: What do you mean, Sir. We don''t require _your_ interference said "Somebody" (who couldn''t encourage that sort of said "Somebody" you''re an _Extraordinary Man_--_but I don''t Said "Somebody" do you think you can decieve me? [Illustration: And "Somebody" said "I will" so loudly that he woke SOMEBODY COMING id = 33331 author = Harris, Joseph Theodore title = An Example of Communal Currency: The facts about the Guernsey Market House date = keywords = Committee; Council; Guernsey; Island; Market; Notes; States summary = way in which the States of Guernsey built their Market House by means of desirable to issue State Notes of One Pound each (_Billets des États entry:--"The said States unanimously authorise the issue of new Notes up States'' Committee named for this purpose at the time of the last issue On 23rd June, 1821, the States authorise the issue of 580 £1 Notes to On 23rd June, 1821, the States authorise the issue of 580 £1 Notes to a member of the Finance Committee, stated that there were 48,183 Notes £80,000 worth of Notes were authorised by the States to be issued. "All these, with the one pound Guernsey States'' Notes, are the States have been obliged to issue Notes amounting to £55,000. interested in Banks oppose State Notes, lest these should be preferred "the generality of the inhabitants have confidence in the States'' Notes id = 88 author = Hart, Michael title = Price/Cost Indexes from 1875 to 1989; Estimated to 2010 date = keywords = Est summary = These figures range from the first 5 megabyte hard drives used Of course, since I used only the real prices we paid for drive after drive, it was only a matter of time until the cost/price Prices VERY stable now, falling by about 1/3 per year. 1986 $1595 per 80M at $20/M --> (IBM listed in Blue Book as 1984 price) The price in current 1993 dollars for any year is found in D-D indicates prices from the end of one year Year Price D-D Adj% Average price rise for 40 year period 1950-1989 is about 4% [4.32%] Average price rise for 40 year period 1950-1989 is about 4% [4.32%] Average price rise for 40 year period 1950-1989 is about 4% [4.32%] BASE YEAR: 1993 [1993 dollars = 1.000000] years of moderate inflation until after 1919, when pricing which would be an 11 year span for prices to double, since id = 44052 author = Henry Voorce Brandenburg & Co. title = Profitable Stock Exchange Investments date = keywords = Street; Wall summary = You read a great deal about the money lost in Wall Street. profitable investment in Wall Street, and have their money handled for The men who win in Wall Street are those who invest in stocks--good, dividend-paying stocks, buying them when they are low, selling them In all classes of business we buy at a certain price, and sell at a _The men who make the money in Wall Street are those who know what stocks are really worth and who buy when prices, go down and sell when which Wall Street stocks can be dealt in with absolute safety and Of course, no man or company could purchase one hundred shares of stock The fluctuations in the prices of good, dividend paying stocks are In Wall Street you may buy or sell one or more shares of the stock of A speculator who buys expecting to sell at a higher price. id = 34463 author = Henry, George Garr title = How to Invest Money date = keywords = bond; business; investment; railroad; security; value summary = chapters railroad bonds, real-estate mortgages, industrial, A railroad bond is an obligation of a railroad company (usually secured bond, based on a given security, will sell at a widely different price par value of the bond instead of on the actual money invested. principal invested in railroad bonds; the following points affect the Railroad bonds as a class possess great promise of appreciation in well-selected railroad bonds, if purchased under favorable money-market security equal or superior to that of any other form of railroad bonds. general rule, the net return on the equipment bonds of a given railroad In the same way, equipment bonds vary as to stability of market price. of equipment bonds to the usual requirements of a business surplus. money-market conditions, railroad bonds advance with an increase in the considering the purchase of an industrial bond is the value of the real security, municipal bonds are controlled by market conditions, and their id = 45066 author = Hine, C. C. (Charles Cole) title = Mrs. Leary''s Cow: A Legend of Chicago date = keywords = Chicago; illustration summary = Mrs. Leary and the cow that kicked over the lamp that caused the great "Mrs. Leary got her living by selling milk; she had five cows, The cow, as seen by the picture, being a this is the cow with the crumpled horn Sorely vexed with the losses they''re called on to pay, And they swear at the cow with the crumpled horn Which hang round the heels of that old Leary cow-That wretched old cow with the crumpled horn But its officers think their best motto is "mum," On that old Leary cow with the crumpled horn And a toss from the cow with the crumpled horn As he _blesses_ the cow with the crumpled horn "What''s the good of insurance if not to pay losses? Insurers can claim (if you''ll only reflect) Bow down to the cow with the old crumpled horn Had Insurance not sped, like an angel that brings id = 29499 author = Hirst, Francis Wrigley title = The Paper Moneys of Europe: Their Moral and Economic Significance date = keywords = currency; money; paper; pound; war summary = government which has pledged all its taxes and credit for war or finance the Revolutionary War. By 1781, a paper dollar was worth less the old debts were paid when the paper money was place in history as the classical example of paper money made worthless pre-war rate of exchange the one hundred thousand roubles would be Thus the pre-war parity of marks was about twenty to the gold pound; of equivalent of twelve pre-war shillings in purchasing power. [17] To-day, November 30, 1921, the paper pound is worth about Although an inconvertible paper currency has no intrinsic value, it can times as much paper money had to be printed as at the beginning, to get paper currencies, for the payment of debt, the removal of public they were a year ago, and most of the paper currencies have further inflation--that is, by printing more paper money or id = 39003 author = Jones, John P. (John Percival) title = Money: Speech of Hon. John P. Jones, of Nevada, on the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 date = keywords = England; France; Germany; Government; India; Mr.; President; Senator; States; Treasury; United; country; gold; increase; money; price; silver; value summary = silver is as ancient and honorable a money metal as gold, and equally one year in the value of the money unit--a change which now, by reason money, but for gold and silver as commodities--on the basis of their Looking, now, at the relative values of gold and silver from the time of money-work of society was placed on gold, the metals began to separate. discarding one of the money metals, and that one not silver but gold. prices consequent on the increase in the value of money, more misery gold, silver, and paper money stand at a parity with each other. The advocates of the single gold standard deem even silver money much That a metallic money, whether of gold or silver, is very far from being States, that gold and silver would both remain the money metals of the The price of cotton for the year 1873, in gold or silver (then of equal id = 29256 author = Kahn, Otto H. title = High Finance date = keywords = business; finance; man; public summary = cause is lack of clear appreciation of what finance means and stands for Finance means constructive work. Finance means promoting and facilitating the country''s trade at home and Now, let a financial house, either through lack of a high standard of I do not mean to claim that high finance has not in some instances As soon as the meaning of the laws under which business was to be the confidence of the financial community and the investing public, just Men occupying conspicuous and leading places in finance as in every In the political field, the ways not only of finance but of business in representatives of large business, including high finance, have too It is only in America that the views of business men in general (as and suspecting organized efforts by business men to educate public Finance and financiers have had no mean share in creating organizations id = 29379 author = Kahn, Otto H. title = The New York Stock Exchange and Public Opinion Remarks at Annual Dinner, Association of Stock Exchange Brokers, Held at the Astor Hotel, New York, January 24, 1917 date = keywords = Exchange; Stock; man; sidenote summary = THE NEW YORK STOCK EXCHANGE AND PUBLIC OPINION The New York Stock Exchange Stock Exchange imposes in respect of the admission of securities to There is no other Stock Exchange in existence in which the public has practice--unique to the New York Stock Exchange--of having every single at the time were immediately adopted in toto by the Stock Exchange. fulfills in fact a public function of great national importance. If the Stock Exchange were ever to grow unmindful of the public the working of the Stock Exchange or the affairs of you Wall Street men As to "big men" meeting to determine the course of the stock market, It is of great and urgent importance that the Stock Exchange should [Sidenote: _The Stock Exchange a National Institution_] Exchange is merely a market for the buying and selling of securities, Stock Exchange affords a market for all kinds of securities of all id = 26330 author = Lawson, Thomas William title = Frenzied Finance, Vol. 1: The Crime of Amalgamated date = keywords = Addicks; Amalgamated; Bank; Bay; Boston; City; Company; Copper; Delaware; Equitable; Gas; Henry; Insurance; John; Lawson; Life; Mr.; National; New; Oil; President; Rockefeller; Rogers; Standard; State; Stillman; Street; System; Towle; Trust; United; Wall; Whitney; William; York; american summary = National City Bank of New York, or a like institution of the people, it Bank of New York offer for sale to the public the $75,000,000 of stock to the New York Stock Exchange that Private Things hold to corporations. "Standard Oil." The prices of Bay State stocks and bonds shot up; loan accompanied by Roger Foster, a New York attorney representing Wm. Buchanan, one of the original holders of Bay State Gas income bonds. The next day our gas business brought me to New York, and after Mr. Rogers and myself had threshed out the matter I had come about, he said money we pay them in the new consolidated company''s stock, at a good big owned the millions of the New York Security Company''s stock; that it the New York Life Insurance Company made about this time, that it New York Life Insurance Company had sold to themselves the stock of the id = 42583 author = Lewins, William title = A History of Banks for Savings in Great Britain and Ireland date = keywords = Act; Annuities; Banks; Chancellor; Commissioners; Committee; Debt; Duncan; England; Exchequer; General; Gladstone; Government; House; Ireland; Mr.; National; Office; Parliament; Post; Savings; Sec; Sikes; Sir; Societies summary = deposited large sums of money in one Savings Bank in the names of his investing their money in Savings Banks, this Act provided that the sum money deposited in Savings Banks might as well be put into the country thought very differently at that time, Savings Banks, the working money deposited in Savings Banks in one year before this time had only more, the _Times_ declared that "investing money in Savings Banks was take all the money deposited with the trustees of Savings Banks, and security shall be given by every officer of a Savings Bank trusted deposited money in Savings Banks, at the same time taking no Government for the money paid into Savings Banks, those of the class Post Office Savings Banks with perfect Government security would _With regard to Depositing Money._ By the Post Office Savings Bank "In the case of the Post Office Savings Banks," said the id = 29443 author = Noble, Henry George Stebbins title = The New York Stock Exchange in the Crisis of 1914 date = keywords = August; Clearing; Committee; Exchange; House; July; New; Stock; York summary = the "New Street Market" had the closing prices on the Exchange been in view of the closing of the New York Stock Exchange. The closing of the Stock Exchange placed the financial news Committee of Five requested the Chairman of the Stock Exchange would like the name of the member of the New York Stock Exchange "When the Governing Committee ordered the Exchange closed it was Thus was established a market in the Stock Exchange Clearing House of the banks or the Stock Exchange Committee. unlisted bonds, and with the Stock Exchange Clearing House when Governing Committee of the Exchange; in order to secure action a Committee of Five of the New York Stock Exchange. Clearing House of the New York Stock Exchange." Stock Exchange and also Chairman of their "Trading Committee," market and then in the Stock Exchange Clearing House itself. dealt in through the Stock Exchange Committee on Clearing House. id = 35120 author = Phillips, Chester Arthur title = Readings in Money and Banking Selected and Adapted date = keywords = Act; Bank; Board; Canada; Chicago; City; Company; Congress; December; England; Europe; Federal; France; Germany; Government; January; London; Mr.; National; New; Paris; Professor; Reichsbank; Reserve; Secretary; South; States; Treasury; United; York; american; english; european; gold; money summary = various effective media of exchange, like bank notes, checks, or bills what the price of gold bullion [in terms of Bank of England notes] had ratio of deposit currency to bank reserves is a function of business individuals and is to a large extent deposited in banks; increased money He holds that the use of new gold in bank reserves gold, than where a bank may increase its note issues to take over assets York State savings banks cannot take a "special deposit," but in New New York bank, which he deposits for the credit of his account in an New York State Bank Law which make provision for the acceptance of time the New York banks to-day any rate which they can secure for their money Reserve Banks either in gold or in lawful money; redemption in banks, in order to exchange them for reserve money. id = 44274 author = Rice, George Graham title = My Adventures with Your Money date = keywords = Central; Company; Consolidated; Curb; Ely; Exchange; Francisco; Goldfield; Greenwater; Mining; Mr.; Nevada; New; News; Nixon; Rawhide; San; Scheftels; Senator; Stock; Street; Sullivan; Tonopah; Trust; Wingfield; York summary = promoted by Charles Minzesheimer & Company, a New York Stock Exchange the control of a mining company known as the Tonopah Home, which Mr. Dunlap had mentioned to him in the automobile en route to Goldfield. Gold Bar Mining Company was promoted at around 15 cents a share on the shares of Goldfield Laguna Mining Company stock, then selling at 15 of stock in every new mining company we promoted, a stipend which was C. Weir, a New York mining-stock broker, whose firm held the company sold recently on the New York Curb and San Francisco Stock Weir, the New York mining-stock broker, who does business under Dillon Goldfield Mining Company at 25 cents per share, a valuation of financial-newspaper publishers and mining-stock brokers and market Consolidated at $4 a share, saying that New York mining-stock brokers Goodwin & Company "shorted" the mining-stock market so far as Scheftels & Company, Incorporated, mining-stock brokers, id = 43663 author = Robinson, Humphrey title = A Simple Explanation of Modern Banking Customs date = keywords = Clearing; House; National; bank; check summary = bank is taking an unreasonable risk in paying out your money on a check Checks drawn on banks in the same town, and which are deposited after When you deposit a check, the only record generally kept by the banks HOW THE BANK COLLECTS THE CHECKS YOU DEPOSIT HOW THE BANK COLLECTS THE CHECKS YOU DEPOSIT of the day, the debtor banks pay in their losses at the Clearing House the banks had deposited actual cash at the Clearing House. officer or employe of a National Bank certifies a check, which calls and his firm, or his bank refuses to pay such draft or check, both you several days before the bank would know whether the check was good or time it takes to collect that check; for every bank must remit to the For these reasons checks drawn on banks in these three cities are id = 32027 author = Scott, William Amasa title = Banking date = keywords = Bank; England; France; Germany; London; New; States; United; York; banking summary = central institution, but a small group of banks in New York City are discounted by a bank will be paid at maturity and the credit balance The result is very different if a bank discounts investment paper, accounts a commercial bank may issue its promissory notes payable to bank in exchange for cash or when discounted bills or notes mature and Most banks of issue at the present time conduct checking accounts By the use of both notes and checking accounts, a bank can supply most Besides bank notes and checking accounts the only forms of currency commercial banks are concerned with loan and discount rates. States requires its banks of issue to cover their notes by government reserve and surplus investment funds of state banks and trust deposited with banks in reserve cities and those invested in bonds, In the development of investment banking institutions in this country, id = 38381 author = Shaw, William Arthur title = The History of Currency, 1252 to 1896 date = keywords = Act; April; August; Charles; December; England; Europe; February; Florence; France; Germany; January; July; June; King; Louis; March; Mint; Netherlands; November; October; September; Spain; States; United; english; french; gold; sidenote; silver summary = generally recognised ratio of value between gold and silver prevailing value of the metals, and the ratio of gold and silver, as arose the value of the home coin both gold and silver (see account of French TABLE OF THE VARIATIONS OF THE GOLD AND SILVER COINS OF ENGLAND, silver and gold coins, and altering the ratio, had given rise to great exchanging abroad of the gold _gulden_ and silver coins." It was in export of gold and silver coin, and in the following year the exports of metals to the Mints--of gold into any form, and of silver into 5-franc worn silver coins there were issued 5 or 10-florin gold pieces, which 5-florin pieces in gold, and the withdrawal of the silver standard coins mark, and standard of 11.4 fine, the ratio of gold to silver for the silver standard coins minted previously to the new law--the gold id = 34187 author = Spooner, Lysander title = A New Banking System The Needful Capital for Rebuilding the Burnt District date = keywords = Massachusetts; National; bank; currency; system summary = inasmuch as the use of the real estate as banking capital, would not The use of this real estate as banking capital would break up all furnishing a great amount of currency, that would be equal in value to relatively to specie; for no possible amount of paper currency, every dollar of which is equal in value to specie, _can_ inflate prices above issued for circulation as currency, as our bank bills are now. paper currency is made payable in specie, _on demand_, very little of it of paper would be equal in value to a dollar of gold; specie an abundant paper currency--that is equal in value to gold--raises the circulation, without a dollar of capital (Productive Stock) in bank, an average, to the capital of the present "National" banks. Even though the banks should _pay_, on currency Or if the currency should remain in circulation three months, the banks id = 12784 author = Swift, Jonathan title = The Prose Works of Jonathan Swift, D.D. — Volume 06 The Drapier''s Letters date = keywords = Committee; Drapier; Dublin; England; God; House; Ireland; John; King; Lord; Majesty; Mr.; Parliament; Privy; Sir; Swift; T.S.; Walpole; William; Wood; footnote; irish; letter summary = Half-pence coined by Mr. Wood," and signed, "M.B. Drapier." The letter, The King has given him a patent to coin halfpence, but hath not obliged appears,[2] "That the pix of the copper moneys coined at Bristol by Mr. Wood for Ireland, containing the trial pieces, which was sealed and compared with the copper money coined for Ireland, in the reigns of King that the copper money coined for Ireland by virtue of this patent, coining copper halfpence and farthings for the kingdom of Ireland, was The term granted to Mr. Wood for coining copper money is for 14 years Majesty''s Most Honourable Privy-Council in England, relating to Mr. Wood''s Halfpence and Farthings."[2] There is no mention made where the England may at any time coin copper money for Ireland, and oblige his shewn of a patent passed in England for coining copper for Ireland, for to the patent granted Wood for coining copper halfpence and farthings. id = 28409 author = Vaknin, Samuel title = Facts and Fictions in the Securities Industry date = keywords = Rangelovska summary = Copyright (C) 2002,2009 by Lidija Rangelovska. Please see the accompanying RTF (Rich Text Format) file for this eBook. id = 40429 author = Wells, David Ames title = Robinson Crusoe''s Money; or, The Remarkable Financial Fortunes and Misfortunes of a Remote Island Community date = keywords = Crusoe; Government; New; Robinson; States; United; gold; island; money; thing; time; value summary = any thing as money which had any intrinsic value as a commodity. value may be used as money, the experience of the islanders and every island its increased volume of money took care to supply by bringing When the people on the island first began to use gold as money, they of gold, in preference to any other commodities for use as money, commodities with which to buy money; and no one who ever had any thing HOW THE PEOPLE ON THE ISLAND CAME TO USE CURRENCY IN THE PLACE HOW THE PEOPLE ON THE ISLAND CAME TO USE CURRENCY IN THE PLACE money--in short, all sorts of useful things, the results of previous pay money shall be, for the time being, equivalent in value to as money which cost little or no labor to produce, in place of gold to pay gold, gradually came once more into use as money on the island. id = 11774 author = Withers, Hartley title = International Finance date = keywords = England; Exchange; Government; London; Mr.; Stock; capital; finance; good; loan; money; war summary = Finance the machinery of money-dealing--Lenders and borrowers--Capital Money at a bank--Bills of exchange--Finance and industry--Supremacy of Stock Exchange securities--Government and municipal loans--Machinery of loan issue--Underwriting--The Prospectus--Sinking fund--Bonds and Why money goes abroad--Trade before finance--Prejudice in favour of home International finance and trade--Opening up the world--Exchange of Finance becomes international when our money is lent to borrowers in countries, are the Governments, and so international finance is largely Capital, then, is wealth invested in industry, finance is the machinery countries, and also as a means of borrowing money from England. power in the hands of the big issuing houses, to get any loan that they people are saving money fast and investing it in Stock Exchange London to borrow money for a railway, it said in effect to English English goods to a far off country to be exchanged into its products was international house lends its clients'' money to a borrowing country, it id = 55099 author = nan title = The Federal Reserve Monster date = keywords = Bank; Board; Federal; National; New; Reserve; States; System; United; York summary = the banking business adept Federal Reserve oligarchical lobbyists could every day on checks sent him by the Federal Reserve Bank. checks presented by the aforesaid agents of the Federal Reserve Bank Federal Reserve Banks is governed by the policy of the United States to a 6 per cent dividend when these Federal Reserve Banks "earned" 160 stockholder in any of the commandeered Banks of the Federal Reserve At this same time the Federal Reserve Bank of Kansas City was lending borrowing more money from the New York Federal Reserve Bank than the from the New York Federal Reserve Bank. practically as much money as the Federal Reserve Banks of St. Louis, Take first a look at the New York Federal Reserve Bank''s expense account of $8,167,780, and the Minneapolis Federal Reserve Bank was the government of the Federal Reserve Banking System and of its twelve The officers of the Federal Reserve Banks don''t put