quadgram

This is a table of type quadgram and their frequencies. Use it to search & browse the list to learn more about your study carrel.

quadgram	frequency
the bank of england	523
in the united states	232
of the united states	229
of the bank of	210
the bank of france	155
of the federal reserve	116
for the purpose of	107
on the other hand	107
in the form of	95
the federal reserve board	95
at the same time	95
in the case of	95
the american reserve bank	85
the amount of the	71
the federal reserve act	70
to the amount of	70
secretary of the treasury	64
the rate of interest	60
in the hands of	59
at the end of	59
the federal reserve banks	59
the value of the	58
at the bank of	57
comptroller of the currency	56
as a matter of	55
the fact that the	55
the board of directors	54
the secretary of the	53
on the part of	53
the comptroller of the	51
from time to time	51
banks and trust companies	51
the board of control	50
the quantity of money	48
of the board of	47
at the rate of	47
bank of england is	43
the credit of the	42
national land credit bank	42
of the clearing house	42
the business of the	42
by the federal reserve	41
the value of money	41
the united states government	40
in the course of	39
the hands of the	39
that the bank of	39
as a result of	39
the federal reserve bank	38
the end of the	37
in the first place	37
the national land credit	36
the united states notes	36
board of directors of	35
a matter of fact	34
the president of the	34
to the fact that	34
the national monetary commission	34
state banks and trust	34
governor of the bank	34
at the present time	33
on account of the	33
the rest of the	33
in the value of	33
the part of the	32
the governor of the	32
of the american reserve	32
per cent of the	32
the members of the	32
the assets of the	31
for the first time	31
of the national monetary	31
in accordance with the	31
i am going to	30
the equation of exchange	30
of directors of the	30
in new york city	30
for the most part	30
is one of the	29
department of the bank	29
bank of england has	29
the banks of the	29
the bank of the	29
the rate of discount	29
the national bank act	28
of the national bank	28
to the extent of	27
the greater part of	27
a large part of	27
banking department of the	26
so far as the	26
bank or trust company	26
the united states treasury	26
it seems to me	26
the new york bank	26
in the way of	26
the amount of its	26
the united states and	25
per cent of their	25
the purchasing power of	25
the directors of the	25
the banking department of	25
an increase in the	25
of the state of	25
as soon as the	25
the amount of money	25
in the bank of	25
parts of the country	25
and at the same	25
the reserves of the	24
one of the most	24
the issue of notes	24
in a position to	24
in the matter of	24
by the bank of	24
publications of the national	24
a member of the	24
as a part of	24
to the bank of	24
to the united states	24
a part of the	24
on the one hand	24
that is to say	24
the joint stock banks	24
in connection with the	24
in so far as	24
in the same way	23
directors of the bank	23
of the banking business	23
to the credit of	23
in the direction of	23
of the new york	23
the total amount of	23
for the use of	23
as well as the	23
at the clearing house	23
to be able to	23
for the benefit of	23
cents on the dollar	23
business of the country	22
with the bank of	22
purchasing power of money	22
it is to be	22
tax of per cent	22
the notes of the	22
in spite of the	22
the nature of the	22
as we have seen	22
the united states in	22
in the prices of	22
the new york banks	22
from to per cent	22
the terms of the	22
of the amount of	22
as well as in	22
of the other banks	21
the provisions of the	21
the velocity of circulation	21
the face of the	21
on the bank of	21
president of the united	21
of the fact that	21
the use of the	21
of the national banks	21
from the bank of	21
the capital of the	21
of money in circulation	21
the operation of the	21
to the clearing house	21
the passage of the	21
what do you mean	21
financial and banking system	21
the policy of the	21
i want you to	20
in the absence of	20
the form of a	20
the close of the	20
there can be no	20
from the standpoint of	20
bank of the state	20
at the beginning of	20
american reserve bank shall	20
in the history of	20
the gold settlement fund	20
the case of the	20
that the united states	20
a large amount of	20
a medium of exchange	19
of the national land	19
through the clearing house	19
of the banks of	19
in the shape of	19
banks of the country	19
at the close of	19
the same amount of	19
federal reserve bank of	19
the organization of the	19
in the price of	19
the standard of value	19
the middle of the	19
as a means of	19
one hundred and twenty	19
the price of the	18
of bills of exchange	18
policy of the bank	18
the result of the	18
it is true that	18
the united states to	18
a tax of per	18
the establishment of a	18
to the board of	18
the character of the	18
for the sake of	18
the united states has	18
in the long run	18
as the result of	18
the london and westminster	18
for a long time	18
the clearing house committee	18
the head of the	18
the demand for gold	18
the national bank notes	17
bank of england to	17
the way in which	17
that it would be	17
to do with the	17
with regard to the	17
in proportion to the	17
of the country is	17
from day to day	17
in view of the	17
the fact that it	17
federal reserve bank shall	17
united states notes and	17
the management of the	17
would have to be	17
section of the country	17
directors of the american	17
members of the board	17
the volume of trade	17
national banks in the	17
the door of the	17
which the bank of	17
large part of the	17
of the reserve banks	17
i do not believe	17
business of the bank	17
and the bank of	17
of the money market	17
per cent per annum	17
the laws of the	17
more than per cent	17
as far as possible	17
deposits subject to check	17
the direction of the	17
the price of silver	17
there is no doubt	17
there would be no	16
to the federal reserve	16
the general level of	16
a result of the	16
throughout the united states	16
made up his mind	16
the name of the	16
the value of gold	16
but he did not	16
that there is a	16
chancellor of the exchequer	16
the new york clearing	16
as far as the	16
reserves of the banks	16
the united states is	16
that he had been	16
for the payment of	16
the condition of the	16
the establishment of the	16
the development of the	16
and bills of exchange	16
to be found in	16
it would not be	16
on the stock exchange	16
as good as gold	16
each federal reserve bank	16
i do not think	16
of our banking system	16
new york clearing house	16
the board of the	16
less than per cent	16
the government of the	16
all the national banks	16
bank of england had	16
greater part of the	16
bank of england in	16
the difference between the	16
the national reserve association	15
a federal reserve bank	15
equal in value to	15
the volume of business	15
in the amount of	15
the treasury of the	15
on the other side	15
the state bank of	15
if he had not	15
one hundred and fifty	15
of the business of	15
the clearing house association	15
the amount of notes	15
the banks in the	15
it may be said	15
the federal reserve system	15
the payment of the	15
in case of need	15
london and westminster bank	15
the administration of the	15
the books of the	15
the national city bank	15
of the members of	15
as in the case	15
the extent to which	15
the side of the	15
in the habit of	15
at the time of	15
the amount of their	15
by the fact that	15
of the country and	15
at the expense of	15
of united states notes	15
a corresponding amount of	15
bank in the united	15
the course of the	15
in the open market	15
general level of prices	15
a part of its	15
bank of england was	15
in the interest of	15
the beginning of the	15
with the federal reserve	15
the extent of the	14
the foot of the	14
to meet the demands	14
that any national bank	14
in the quantity of	14
that it is not	14
that there is no	14
in the fact that	14
demand for money in	14
it would have been	14
the minister of finance	14
do not believe that	14
with the exception of	14
as one of the	14
from the united states	14
of the bank to	14
of circulation of money	14
banks of new york	14
by the use of	14
the chancellor of the	14
and the amount of	14
on the security of	14
the national banks in	14
the other side of	14
banks in the united	14
after the passage of	14
the gold exchange standard	14
will be able to	14
the life of the	14
in the money market	14
and i want to	14
the level of prices	14
hundred and fifty million	14
and for a moment	14
in the new york	14
the business interests of	14
so long as the	14
the case of a	14
the vaults of the	14
amount of its capital	14
in time of panic	14
in the light of	14
the national banks of	14
of the act of	14
a certain amount of	14
of the banks in	14
it is impossible to	14
the holders of the	14
be found in the	14
the expenses of the	13
the use of credit	13
in the federal reserve	13
in the middle of	13
the relative demand for	13
i want to know	13
the increase in the	13
in the volume of	13
velocity of circulation of	13
the operations of the	13
every bank in the	13
is a matter of	13
in excess of the	13
treasury of the united	13
of the circulating medium	13
the banking and currency	13
in the rate of	13
of one per cent	13
it could not be	13
land credit bank shall	13
these united states notes	13
the united states the	13
and the united states	13
the mode in which	13
rate of per cent	13
by the sale of	13
in the same manner	13
the united states of	13
united states of america	13
of the precious metals	13
by the united states	13
the national banking system	13
notes of other banks	13
that it is the	13
the rate of exchange	13
on the basis of	13
in favor of the	13
of all the banks	13
the approval of the	13
as if he had	13
in the demand for	13
of the gold standard	13
of the secretary of	13
would be able to	13
one hundred thousand dollars	13
clearing house loan certificates	13
to me as though	13
a large number of	13
you will remember that	13
assets of the bank	13
but it is not	13
the amount of capital	13
in the nature of	13
at a time when	13
for the time being	13
the manner in which	13
that the value of	13
the benefit of the	13
of the country to	13
that they are not	13
out of the country	13
in which they are	13
the notes of other	13
the state of indiana	13
he would have to	13
the right kind of	13
an equal amount of	12
the opening of the	12
meet the demands of	12
that the amount of	12
the same kind of	12
the business of banking	12
other things being equal	12
a bill of exchange	12
from the fact that	12
with a capital of	12
bank of new york	12
the people of the	12
of national bank notes	12
more than any other	12
part of the country	12
for the establishment of	12
the resources of the	12
to say that the	12
the amount of gold	12
the safety of the	12
bank of england notes	12
it is evident that	12
the history of the	12
not be able to	12
reserve of per cent	12
the price of gold	12
other federal reserve banks	12
for the united states	12
there had been a	12
the affairs of the	12
the bankers of the	12
in the event of	12
other side of the	12
it ought to be	12
the hands of a	12
in redemption of the	12
and per cent of	12
all parts of the	12
a financial and banking	12
to take care of	12
call your attention to	12
the funds of the	12
as long as the	12
capital and surplus of	12
for and supply of	12
or bills of exchange	12
of the bank is	12
the effect of the	12
is capable of furnishing	12
the state of the	12
other parts of the	12
fund of the country	12
some of the banks	12
by the president of	12
i think it is	12
of the national banking	12
i am afraid that	12
and fifty million dollars	12
under the terms of	12
demand for and supply	12
i can tell you	12
of the country are	12
the rate of per	12
have been able to	12
take the place of	12
in new york and	12
by the comptroller of	11
a great deal of	11
the influence of the	11
with the american reserve	11
in the vaults of	11
as compared with the	11
equal to per centum	11
the use of checks	11
the report of the	11
the first national bank	11
but there is no	11
cash at the bank	11
a great number of	11
his hand on the	11
the stock of the	11
at the foot of	11
there could be no	11
that it was not	11
relative demand for money	11
it is interesting to	11
with the result that	11
the latter part of	11
the commerce of the	11
amount of money in	11
the requirements of the	11
under an abundant currency	11
of the banks to	11
the first day of	11
the rise in prices	11
to the value of	11
our standard of value	11
as the bank of	11
on the amount of	11
all the rest of	11
the bank or banks	11
in some of the	11
is not to be	11
the failure of the	11
may be said that	11
as a medium of	11
up and down the	11
different parts of the	11
high rates of interest	11
that he had not	11
is apt to be	11
equal to per cent	11
of the country in	11
the cost of the	11
a first lien upon	11
in the purchase of	11
he would not have	11
of a central bank	11
it was not the	11
the same time the	11
exchanges of the country	11
their capital and surplus	11
as far as i	11
of a national bank	11
in the management of	11
he seemed to be	11
into the hands of	11
the fact that in	11
with that of the	11
the quantity of the	11
by the other banks	11
he did not know	11
the time of the	11
the conduct of the	11
upon the amount of	11
to think of it	11
the bill of exchange	11
of the manhattan company	11
federal reserve banks will	11
a change in the	11
the point of view	11
two hundred and fifty	11
state of new york	11
there has been a	11
the owner of the	11
in the near future	11
the money of the	11
that some of the	11
the power to issue	11
the liabilities of the	11
the question of the	11
the business of a	11
times the amount of	11
the redemption of the	11
with a view to	11
per centum of the	11
times as much as	11
of some of the	10
the savings of the	10
the fact that they	10
it would be to	10
of the banks and	10
the demand for money	10
journal of political economy	10
the bank and the	10
are not going to	10
sections of the country	10
and the volume of	10
reserves of all the	10
from hand to hand	10
it was impossible to	10
it is probable that	10
that the price of	10
due to the fact	10
the state banking laws	10
imperial bank of germany	10
there will be a	10
be called upon to	10
per cent of its	10
the interests of the	10
the control of the	10
the importation or exportation	10
in the business of	10
to be one of	10
the imperial bank of	10
the account of the	10
of federal reserve notes	10
of the trust company	10
between and per cent	10
to do with it	10
state bank or trust	10
what i want to	10
to all intents and	10
no more than a	10
a sum of money	10
the weight of the	10
of gold and silver	10
to the extent that	10
in terms of the	10
importation or exportation of	10
proportion of cash to	10
the names of the	10
the same manner as	10
the demands of trade	10
the charter of the	10
to be used for	10
a part of their	10
the canadian banking system	10
trade of the country	10
the size of the	10
a more or less	10
it is not a	10
be one of the	10
that part of the	10
of the commercial zone	10
the demand for and	10
that it is a	10
banking and currency systems	10
the markets of the	10
the adoption of the	10
quantities of goods exchanged	10
bank of france is	10
would not have been	10
be bought and sold	10
it is certain that	10
markets of the world	10
in the supply of	10
we have seen that	10
he felt that he	10
the power of the	10
of the member banks	10
laws of the state	10
of the civil war	10
if there is a	10
adapted from interviews on	10
point of view of	10
in the development of	10
of per cent upon	10
commerce of the country	10
on a large scale	10
all the banks in	10
would seem to be	10
i want to read	10
so far as it	10
and currency systems of	10
of gold in the	10
of the bank reserve	10
the physical volume of	10
to per centum of	10
bank of england should	10
the house of representatives	10
currency systems of england	10
business interests of the	10
to changes in the	10
resumption of specie payments	10
the circulation of the	10
all intents and purposes	10
of the bank act	10
of the money of	10
growing out of the	10
what he had done	10
in order that the	10
by the board of	10
that the board of	10
interest at the rate	9
as soon as he	9
from interviews on the	9
there is no reason	9
banking in the united	9
a few of the	9
in other parts of	9
in case of a	9
on the th of	9
if there is one	9
all the way from	9
mode in which the	9
the rise of prices	9
the events of the	9
is the bank of	9
to a certain extent	9
in precisely the same	9
you are going to	9
banks in south america	9
of a bank is	9
by the banks in	9
of the state where	9
held by the bank	9
nothing to do with	9
the right to issue	9
quantity of money in	9
i agree with you	9
bank of france in	9
of the bank and	9
over and over again	9
legislature of the united	9
the mutual savings bank	9
the average amount of	9
in the settlement of	9
the volume of the	9
the money market is	9
of the bank was	9
of the notes of	9
of the european war	9
the balance of the	9
is the amount of	9
equal to the amount	9
the exception of the	9
the last few years	9
there seemed to be	9
it is not the	9
capital of the bank	9
anything to do with	9
a board of directors	9
the journal of political	9
board of the american	9
upon the deposit of	9
of the government to	9
the interest of the	9
annual report of the	9
that he was a	9
one of the greatest	9
in case of failure	9
of the banking department	9
by the reserve banks	9
the united states shall	9
of the equation of	9
the proceeds of the	9
the discount of commercial	9
in consequence of the	9
the return of the	9
of the reserve bank	9
the gold and silver	9
on the books of	9
part of the bank	9
the bulk of the	9
by the payment of	9
the city of new	9
the governor and deputy	9
want to tell you	9
city of new york	9
an amount equal to	9
be said that the	9
to the effect that	9
the price at which	9
across the face of	9
purchasing power of the	9
the currency of the	9
the form of deposits	9
of the bank directors	9
the judgment of the	9
the cause of the	9
at home and abroad	9
in which it is	9
of the bank in	9
bank and trust company	9
credit of the bank	9
of england in the	9
the treasurer of the	9
the banks of new	9
the convenience of the	9
the bill of lading	9
interests of the country	9
the sale of the	9
on the banking and	9
capital stock and surplus	9
the appreciation of gold	9
to take advantage of	9
of all the national	9
of the foreign exchanges	9
to be paid in	9
by a vote of	9
fourth of per cent	9
in regard to the	9
the interest on the	9
the several state associations	9
the central banks of	9
for the redemption of	9
the discount of bills	9
of the dearer metal	9
the representatives of the	9
way in which the	9
books of the bank	9
it is difficult to	9
management of the bank	9
of the banking reserve	9
if he had been	9
the independent treasury system	9
the london joint stock	9
i want to tell	9
made a legal tender	9
the banks of a	9
the wealth of the	9
of the state bank	9
the channels of trade	9
the present time the	9
of the entire country	9
the market rate of	9
in many of the	9
can be no doubt	9
two and a half	9
of the system of	9
in the neighborhood of	9
at least per cent	9
in the midst of	9
in a state of	9
the right to demand	9
if we are to	9
banking system of the	9
for the bank of	9
by the act of	9
and it will be	9
cent of their deposits	9
of the comptroller of	9
gold and silver coin	9
in the minds of	9
a time when the	9
it may be that	9
united states notes or	9
in the face of	9
the result is that	9
i want to call	9
of the local associations	9
to the present time	9
the new york market	9
that it was a	9
a standard of value	9
the standpoint of the	9
interviews on the banking	9
as it is called	9
the relative importance of	9
notes of the bank	9
as if it were	9
national banks of the	9
do you mean by	9
from the point of	9
the medium of exchange	9
parts of the world	9
in the eyes of	9
with the approval of	9
with reference to the	9
in one of the	9
up his mind to	8
of the rate of	8
all that he had	8
reserve of the country	8
his eyes on the	8
the date of the	8
as much as the	8
i have no doubt	8
the legislature of the	8
the contents of the	8
loans on real estate	8
that one of the	8
is by no means	8
bill of exchange is	8
the first half of	8
of the state banks	8
the form of bank	8
and in the end	8
of january and july	8
the beginning of a	8
in all parts of	8
the demands of the	8
you seem to have	8
it is only by	8
and that is the	8
history of banking in	8
to carry on the	8
at all times to	8
the experience of the	8
and company of the	8
the great majority of	8
bank of france has	8
in the national banks	8
to keep on hand	8
she looked at him	8
the state of new	8
of the value of	8
all the banks of	8
the ordinary course of	8
far as i know	8
that it should be	8
the capital stock of	8
a certain number of	8
to call your attention	8
if the amount of	8
bank of england could	8
it should not be	8
first lien upon the	8
to a large extent	8
company of the bank	8
at the door of	8
it would be a	8
there seems to be	8
and it would be	8
that there was a	8
but i do not	8
the use of gold	8
the existence of a	8
end of the year	8
by the clearing house	8
two or three times	8
are apt to be	8
to buy and sell	8
it must be remembered	8
would be apt to	8
a reserve of per	8
the basis of the	8
it does not seem	8
close of the war	8
want to call your	8
the federal reserve agent	8
to pay for the	8
the issues of the	8
is to be found	8
the position of the	8
shall have power to	8
he turned to the	8
the top of the	8
to the requirements of	8
in payment of debts	8
what are you doing	8
the result of our	8
the importance of the	8
that the banks of	8
bank of france and	8
this was not the	8
make the best of	8
bills of exchange drawn	8
three central reserve cities	8
is found in the	8
five per cent of	8
as it has been	8
by the secretary of	8
in most of the	8
it was not until	8
up to per cent	8
the history of banking	8
and the old man	8
days of january and	8
raise the rate of	8
that the business of	8
a good deal of	8
the security of the	8
the united states are	8
gold out of the	8
for the incorporation of	8
in the city of	8
of the bank has	8
from the sale of	8
the duty of the	8
the necessities of life	8
the maker of the	8
could not have been	8
in order to avoid	8
the right of issue	8
seems to me as	8
be borne in mind	8
that the banking department	8
per centum of its	8
can be made to	8
the whole of the	8
the loss of a	8
the functions of the	8
the united states note	8
there may be a	8
the fact that we	8
i am sure that	8
as soon as they	8
it is only the	8
of the commercial world	8
it is necessary to	8
of the banks which	8
by means of the	8
for a short time	8
for a long period	8
that he would not	8
the new york stock	8
it seemed as if	8
a large proportion of	8
part of the reserve	8
at the disposal of	8
of the treasury department	8
he had made a	8
the fall in prices	8
he had come to	8
issued upon the deposit	8
in the spring of	8
on real estate security	8
the change in the	8
rate of interest on	8
to enable them to	8
in value to gold	8
the board of managers	8
the outbreak of the	8
right of note issue	8
what do you think	8
and that is this	8
we are going to	8
the same as the	8
i am convinced that	8
but it was not	8
the balances of the	8
new york and chicago	8
after the panic of	8
to one hundred and	8
put an end to	8
about the first of	8
the notes of a	8
that they may be	8
of or per cent	8
of new york and	8
or exportation of goods	8
the clearing house is	8
he was going to	8
so far as i	8
a majority of the	8
customers of the bank	8
the practice of the	8
capital stock of the	8
the property of the	8
a vast amount of	8
part of the money	8
of the human race	8
the capital and surplus	8
to be on the	8
of new york city	8
of banking in the	8
the real estate of	8
from the time of	8
of the most important	8
the united states as	8
to the present day	8
has the right to	8
here and there a	8
as he did so	8
to make use of	8
the fore part of	8
in front of the	8
at the head of	8
of loans and discounts	8
new york city and	8
appointed by the president	8
discount of commercial paper	8
do you think that	8
the bank rate is	8
the average rate of	8
to the business of	8
be in a position	8
he saved your life	8
it follows that the	8
of the state banking	8
london joint stock banks	8
the number of banks	8
of the bank for	8
hundreds of millions of	8
new york stock exchange	8
of an increasing supply	8
i would like to	8
federal reserve banks are	8
it is clear that	8
of cash to liabilities	8
the volume of currency	8
higher rate of interest	8
members of the clearing	8
held by the banks	8
in addition to the	8
of england has to	8
the united states should	8
to be paid for	8
emit bills of credit	8
is the fact that	8
per centum per annum	8
seems to be a	8
which he had been	8
that it was the	8
exchange with which to	8
member of the board	8
of the monetary commission	8
and trust companies are	7
the custody of the	7
to be used in	7
the cost of living	7
of the london and	7
july of each year	7
and that it is	7
the population of the	7
if you want to	7
the house of commons	7
the english banking system	7
keep pace with the	7
in the purchasing power	7
to the full extent	7
to emit bills of	7
commercial fund of the	7
solution of the problem	7
are to be made	7
its velocity of circulation	7
laid his hand on	7
a cash reserve of	7
its capital and surplus	7
are you going to	7
national bank and trust	7
at the time he	7
in the house of	7
the rate at which	7
at the top of	7
rest of the world	7
suspension of cash payments	7
side of the road	7
the day on which	7
the mass of the	7
william howard taft national	7
state bank of iowa	7
lien upon the assets	7
weight of the dollar	7
to provide for the	7
be returned to the	7
for the amount of	7
with the provisions of	7
wealth of the country	7
the material of money	7
there had been no	7
the mutual savings banks	7
there must be a	7
banking resources of the	7
banking business of the	7
of the reserves of	7
all over the country	7
was due to the	7
the managers of the	7
purchase and sale of	7
he had not been	7
be no doubt that	7
of the year when	7
in the physical volume	7
in spite of himself	7
of most of the	7
the conditions under which	7
the office of the	7
back in his chair	7
the decline in the	7
rate of interest is	7
with the rest of	7
first day of january	7
that the demand for	7
the three central reserve	7
of the last century	7
to keep a reserve	7
he said in a	7
required to keep a	7
during the period of	7
state bank of indiana	7
price for the use	7
there is not a	7
the same as that	7
banking reserve of the	7
there would be a	7
of the circulation of	7
the value of anything	7
in the banking business	7
practice of the bank	7
united states and the	7
during the civil war	7
provisions of the act	7
to say nothing of	7
money of the country	7
notes to the amount	7
and as a result	7
and the value of	7
in the conditions of	7
the banks of virginia	7
as well as to	7
the prices of raw	7
and it has been	7
in the ordinary course	7
the william howard taft	7
in a general way	7
be paid to the	7
increase in the quantity	7
the clearing house and	7
by the requirement that	7
expressed in terms of	7
on the assets of	7
attention to the fact	7
it is not only	7
in the markets of	7
than the amount of	7
in the cost of	7
director of the mint	7
the centre of the	7
in the number of	7
he was a man	7
to show that the	7
the selection of the	7
the protection of the	7
in order to prevent	7
in the banking department	7
a bank of issue	7
in the sense of	7
the banking business of	7
which they are drawn	7
the efforts of the	7
the constitution of the	7
as high as per	7
at such a time	7
at any time in	7
the fact that there	7
as a basis for	7
does not seem to	7
the conduct of checking	7
in the act of	7
a central gold reserve	7
by the law of	7
the banking laws of	7
between the bank and	7
one end of the	7
it must not be	7
that of any other	7
all the other banks	7
is due to the	7
on the face of	7
doubt that we shall	7
to be paid to	7
from his pocket and	7
with the amount of	7
the quantities of goods	7
market rate of discount	7
he came to the	7
is the most important	7
the reserves of our	7
only another form of	7
practically all of the	7
small part of the	7
and there was a	7
that the use of	7
the rates of interest	7
which have been made	7
in the panic of	7
to tell the truth	7
transferred in redemption of	7
be regarded as a	7
to the order of	7
are required to keep	7
i am not going	7
the point at which	7
form of bank notes	7
the period of the	7
do not think that	7
be observed that the	7
of the treasury to	7
of the stock exchange	7
go back to the	7
the strength of the	7
the volume of bank	7
is nothing but a	7
by the national banks	7
a day or two	7
it will be well	7
it is the only	7
the accounts of the	7
as has been explained	7
by means of which	7
there has not been	7
is no doubt that	7
that they should be	7
january and july of	7
and that it was	7
a legal tender for	7
was not the first	7
directors of the national	7
the functions of money	7
was not going to	7
with which to meet	7
to the same extent	7
upon the assets of	7
the last ten years	7
in a large measure	7
as much as possible	7
of the assets of	7
is going to be	7
he could see the	7
than that of the	7
and i am sure	7
of the commercial zones	7
he thought that he	7
the general price level	7
part of their reserves	7
of money and credit	7
the checks and drafts	7
the expense of the	7
in different parts of	7
they are likely to	7
is it not a	7
the rise in the	7
by means of a	7
of commerce and industry	7
in favor of a	7
capital and surplus to	7
howard taft national bank	7
of the country which	7
paper a legal tender	7
passage of the act	7
walked over to the	7
the old man had	7
but he could not	7
bank of england keeps	7
that the proportion of	7
a rise in the	7
governor and company of	7
in which the bank	7
that is just what	7
the circulation of money	7
of per centum per	7
are likely to be	7
five hundred million dollars	7
the secretary of agriculture	7
the deposit of gold	7
the reserve of the	7
a considerable part of	7
to the full amount	7
the necessaries of life	7
conduct of checking accounts	7
board of control shall	7
extent to which the	7
the money in the	7
the amount of reserves	7
taft national bank and	7
in such a way	7
i should say that	7
be paid by the	7
and banking system for	7
there will be no	7
the several local associations	7
banks of the united	7
currently redeemed in gold	7
with which to pay	7
of one of the	7
it was necessary to	7
physical volume of trade	7
as it is in	7
without the loss of	7
for the issue of	7
i am glad that	7
through the medium of	7
the old man was	7
high as per cent	7
right kind of currency	7
to a considerable extent	7
lend on real estate	7
value of money is	7
a higher rate of	7
may be said to	7
as it is to	7
and the cost of	7
the customers of the	7
it has been shown	7
bank of england and	7
per cent upon the	7
i believe it is	7
of many of the	7
the purchase and sale	7
have anything to do	7
stock and surplus of	7
of the bills of	7
will not be able	7
one to the other	7
that the volume of	7
the director of the	7
to the conduct of	7
will anyone deny that	7
report of the federal	7
of the state association	7
government of the bank	7
for a period of	7
of the demand for	7
laws of the country	7
if they do not	7
that he was in	7
of its capital and	7
was a man of	7
that there has been	7
in the establishment of	7
the reserve in the	7
to be made in	7
important part of the	7
by the banks of	7
rate of interest to	7
and july of each	7
of the national reserve	7
may be regarded as	7
the attitude of the	7
it is a matter	7
far as it is	7
but he was not	7
banks in new york	7
every part of the	7
the term of office	7
would have to pay	7
banks of this country	7
general rise of prices	7
with respect to the	7
as if he could	7
be able to find	7
to redeem the notes	7
as if he were	7
in the price level	7
in the books of	7
the velocities of circulation	7
and more than once	7
the clearing house of	7
any federal reserve bank	7
the bills of exchange	7
for the development of	7
treasurer of the united	7
no change in the	7
i am not sure	7
for issue and circulation	7
the door behind him	7
quantity of money and	7
capital of at least	7
on the value of	7
reserve banks will be	7
redemption of the notes	7
must be remembered that	7
in central reserve cities	7
she did not know	7
in which he had	7
on a basis of	6
to the national banks	6
government of the united	6
he made up his	6
one way or the	6
he was about to	6
this is not a	6
in the fall of	6
required by law to	6
it is capable of	6
it has been in	6
the object of the	6
the city in which	6
over a period of	6
central banks of europe	6
that he had made	6
part of their reserve	6
on loans and discounts	6
it is necessary that	6
that they could not	6
there is very little	6
the first time that	6
a sigh of relief	6
for the purposes of	6
the loss of interest	6
that it will be	6
bank of england ought	6
seemed to be a	6
the market price of	6
to the demands of	6
between gold and silver	6
national bank notes are	6
when it comes to	6
any one of these	6
a central reserve city	6
and in some states	6
the banking resources of	6
the reduction of the	6
three hundred and fifty	6
the major part of	6
a fixed rate of	6
over the united states	6
at no time exceed	6
of the number of	6
was one of the	6
is practically the same	6
is a sort of	6
it will be seen	6
the supply of the	6
right to issue notes	6
reserve bank of new	6
is in a position	6
the working of the	6
the habits of the	6
and it is only	6
any national bank accepting	6
to keep pace with	6
on the subject of	6
in order to meet	6
the other banks in	6
be deposited with the	6
in the meantime he	6
under the supervision of	6
system of the united	6
in case of default	6
bills of exchange in	6
rise in the rate	6
situation in the united	6
as that of the	6
system is capable of	6
a run on the	6
with the quantity of	6
money in san francisco	6
reserve banks and the	6
population of the country	6
to the american reserve	6
hundred thousand dollars of	6
the soundness of the	6
to the nature of	6
the relative value of	6
the same time to	6
just as soon as	6
at this time of	6
caught the sound of	6
value of the currency	6
of bills of credit	6
bank of england can	6
up and unimpaired capital	6
a clearing house for	6
assets of the banks	6
as low as per	6
let us suppose that	6
the time for which	6
they are able to	6
per centum bonds or	6
value of anything is	6
the past ten years	6
the th day of	6
the coinage of silver	6
the opinion of the	6
in every part of	6
it must be admitted	6
the amount of deposits	6
amount of notes that	6
a considerable number of	6
or bill of exchange	6
of the federal government	6
a large volume of	6
the continuance of the	6
a year or two	6
the establishment of branches	6
the circulating medium of	6
there is a great	6
of the quantity of	6
and there was no	6
are of two kinds	6
of each of the	6
reserve bank shall be	6
united states notes are	6
loans made by the	6
of the country was	6
i think i can	6
tender in payment of	6
be able to sell	6
and by and by	6
the postal savings system	6
and it is the	6
what you have said	6
there should be a	6
under the control of	6
to be in a	6
he was not going	6
system of new england	6
a trust company business	6
cost of the war	6
the first time since	6
the deposits of the	6
either directly or indirectly	6
to pay off the	6
that he had no	6
have been obliged to	6
the presence of the	6
is no doubt whatever	6
bank in new york	6
that it is only	6
the velocity of the	6
there is also a	6
of a board of	6
there is no law	6
so far as this	6
the early part of	6
it seemed to him	6
fifth of per cent	6
all over the world	6
the same way as	6
and the rate of	6
the requirements of trade	6
the price of bonds	6
the custom of the	6
issue of bank notes	6
the effects of the	6
two or three years	6
reserve in the banking	6
that the notes of	6
of all the other	6
with the clearing house	6
the organisation of the	6
for a moment he	6
lien on the assets	6
in exchange for it	6
his way through the	6
as well as he	6
that there was something	6
the price of bullion	6
what has been said	6
he thought of it	6
might have been expected	6
the passage of this	6
as has been shown	6
back to the bank	6
a matter of convenience	6
of the chartered banks	6
amount of cash in	6
reserve and central reserve	6
of the rest of	6
country as a whole	6
a considerable amount of	6
the officers of the	6
the advantages of the	6
price of government bonds	6
banking and currency system	6
i am of the	6
of the man who	6
that is what i	6
rate of discount in	6
in the weight of	6
of capital in the	6
at a premium of	6
be the first to	6
be able to pay	6
low as per cent	6
or united states notes	6
applying bank or trust	6
the provisions of this	6
made by the bank	6
the stability of the	6
the south and west	6
states notes and bond	6
which is to be	6
and made his way	6
you may be sure	6
many of the states	6
average of per cent	6
the compensated dollar plan	6
i should like to	6
do not like to	6
he laid his hand	6
to a great extent	6
and i think that	6
of per cent per	6
number of national banks	6
the par value of	6
of the functions of	6
it was not only	6
under the law of	6
he would have been	6
true and natural value	6
system of the country	6
with which they are	6
federal reserve act and	6
the suspension of cash	6
of the country banks	6
in favour of the	6
people of the united	6
it must have been	6
be transferred to the	6
the ease with which	6
have to be paid	6
in the reserves of	6
lies in the fact	6
the bank would be	6
of a trust company	6
a postal savings bank	6
the prosperity of the	6
there has never been	6
different sections of the	6
a legal tender in	6
and the number of	6
country in the world	6
on the first day	6
tenth days of january	6
low rate of interest	6
as quickly as possible	6
it is obvious that	6
would be equal to	6
of any of the	6
in the bank was	6
on which he had	6
but they are not	6
is the demand for	6
and he had not	6
most of the states	6
it not a fact	6
the national banks is	6
the central reserve cities	6
and central reserve cities	6
side of the equation	6
in the state of	6
as i have said	6
of a system of	6
out of the way	6
are appointed by the	6
countries of the world	6
to the commerce of	6
what do you say	6
i am sorry to	6
at the mercy of	6
bills of exchange are	6
by the amount of	6
like the united states	6
and the federal reserve	6
only per cent of	6
length and breadth of	6
or three times as	6
the course of time	6
but for the most	6
may or may not	6
the united states was	6
the purpose of the	6
in the presence of	6
the business men of	6
to be made at	6
the postal savings bank	6
to the number of	6
as the clearing house	6
but as soon as	6
the purpose of this	6
the fall in the	6
the product of the	6
the great bulk of	6
an average of per	6
as has been said	6
one of the tellers	6
the early history of	6
it would not have	6
which the bank is	6
in the organization of	6
a word to say	6
and this is the	6
rise in the price	6
at the expiration of	6
passage of this act	6
he shook his head	6
an ounce of gold	6
of the sale of	6
system for the united	6
those issued upon the	6
brought about by the	6
the corner of the	6
the expense of sending	6
provisions of this act	6
a vote of to	6
cent of the capital	6
look on his face	6
it is possible that	6
the national banks have	6
currency returned for redemption	6
in terms of gold	6
it was in the	6
there must be some	6
at the last moment	6
the south american countries	6
to that of the	6
that the federal reserve	6
it is a very	6
is likely to be	6
the countries of the	6
not a fact that	6
and there is no	6
which are to be	6
she had told him	6
between the united states	6
the want of a	6
provision was made for	6
of their capital and	6
hands of the public	6
we made advances on	6
approval of the board	6
the completion of the	6
all the local associations	6
an increasing supply of	6
to meet their obligations	6
i am ready to	6
and the comptroller of	6
it was evident that	6
system in the world	6
the debts of the	6
the mechanism of exchange	6
it has been the	6
federal reserve board will	6
all over the united	6
door of the bank	6
the nature of a	6
rate of interest charged	6
amount of the reserve	6
of the country have	6
when he had finished	6
that he would be	6
a free check zone	6
any part of the	6
it has not been	6
that he could not	6
banking power of the	6
in a country where	6
united states the power	6
in the relative demand	6
the commercial fund of	6
under the provisions of	6
if at any time	6
we are told that	6
in comparison with the	6
the difficulties of the	6
in order to make	6
the very nature of	6
president of one of	6
shall at no time	6
all the united states	6
the right to draw	6
the term of service	6
the result was that	6
times of the year	6
is the result of	6
be fixed by the	6
there has been no	6
put a tax of	6
reserve of the bank	6
consequence of an increasing	6
issue of notes by	6
rates of interest on	6
is limited by the	6
as it would be	6
there should be no	6
in the possession of	6
of each federal reserve	6
federal reserve bank may	6
if it is to	6
the needs of the	6
increase of the currency	6
the power to do	6
the powers of the	6
if there were a	6
of the treasury and	6
or in any other	6
and the price of	6
in a period of	6
of deposits in the	6
on behalf of the	6
deposits of the bank	6
government issues of money	6
is not only a	6
to be regarded as	6
per cent of our	6
the loss of the	6
of joint stock banks	6
the rate of one	6
the prices of commodities	6
the gold in the	6
in which they may	6
are we going to	6
ought to be able	6
the second united states	6
the banking system of	6
the demand for currency	6
provided for by the	6
to which they belong	6
like the bank of	6
that of the bank	6
that the joint stock	6
banks of the state	6
am glad that you	6
the solution of the	6
did not at once	6
some of the states	6
to the new york	6
to the comptroller of	6
the sake of the	6
per cent to per	6
made up my mind	6
in the first instance	6
banking system in the	6
a per cent reserve	6
the basis of credit	6
did not like the	6
the banking systems of	6
is determined by the	6
for the protection of	6
to the use of	6
reserves of our banks	6
i think that the	6
the demand for the	6
it is perfectly clear	6
credit in the united	6
to get rid of	6
is a product of	6
protection against unsound practices	6
of the organization of	6
in the clearing house	6
gold and gold certificates	6
the man who has	6
and when he had	6
provisions of the national	6
at a lower rate	6
of stocks and bonds	6
that it has been	6
that in case of	6
under the system proposed	6
be a member of	6
the very soul of	6
so far as they	6
the country to the	6
and it was only	6
contraction of the currency	6
would enable them to	6
felt that he had	6
have been made to	6
every one of the	6
in a low tone	6
it is in the	6
by means of credit	6
hundreds of thousands of	6
states notes or greenbacks	6
and the necessity of	6
as if they were	6
to meet the demand	6
all the expenses of	6
new york and london	6
he closed the door	6
is true that the	6
terms of the act	6
the gold value of	6
from person to person	6
of the change in	6
what may be called	6
to the issue of	6
to say that it	6
the reserve banks to	6
am not going to	6
gold or gold certificates	6
in the operation of	6
to which they are	6
operation of the new	6
and the business of	6
did not know how	6
trust companies in the	6
and he knew that	6
fact that the bank	6
it will not be	6
in the payment of	6
for the purchase of	6
knew that it was	6
the government power to	6
in the national bank	6
the banks of this	6
in this case the	6
the appointment of a	6
by the national government	6
about per cent of	6
to the secretary of	6
the relief of the	6
natural system of banking	6
to the conclusion that	6
in the central reserve	6
use of checks is	6
that is precisely what	6
in order to get	6
one of the great	6
for a moment the	6
for the investment of	6
of the bimetallic system	6
would be under the	6
a portion of the	6
a given amount of	6
it was only when	6
it would have to	6
sir charles and acherley	6
possibly as much as	6
on the strength of	6
in the production of	6
business of a bank	6
of the right to	6
the attention of the	6
cash reserves of the	6
the origin of the	6
the bank act of	6
of currency in circulation	6
if he does not	6
cent to per cent	6
giving the government power	6
by the failure of	6
to the establishment of	6
and the demand for	6
in the american reserve	6
the action of the	6
it is only a	6
to him that he	6
from what has been	6
be an end of	6
shall be able to	6
with the requirements of	6
way or the other	6
every national bank shall	6
between commercial and investment	6
the solvency of the	6
of united states bonds	6
funds of the government	6
thousand dollars per annum	6
in the distribution of	6
in times of financial	6
increase in the amount	6
that the bank would	6
used for the purpose	6
we do not know	6
a quarter of a	6
national and state banks	6
for the week ending	6
would be necessary to	6
from one to the	6
in defiance of law	6
is to be noted	6
the demand for exchange	6
a branch of the	6
the amount of cash	6
and it may be	6
will be in the	6
the system of the	6
it is the same	5
that he has made	5
the development of a	5
united states notes into	5
to exceed the capital	5
banker in new york	5
he fancied that he	5
let me tell you	5
this is not the	5
the resumption of specie	5
i might as well	5
is the cause of	5
make one debt pay	5
the same way that	5
are not to be	5
that i do not	5
on account of its	5
the amount of reserve	5
no inflation of prices	5
we have already seen	5
as we have already	5
in some cases they	5
this means that the	5
beyond the amount of	5
the whole six months	5
general fall in prices	5
with the business of	5
the windows of the	5
and one of the	5
the associated banks of	5
the steps of the	5
fact is that the	5
lot how long each	5
out of the banking	5
be paid at the	5
the boards of directors	5
a director of the	5
it has never been	5
from top to bottom	5
it will be said	5
it is said that	5
he would be a	5
is a question of	5
states the power to	5
by the end of	5
to the provisions of	5
of a bill of	5
that is not a	5
the amount of such	5
the public and the	5
be noted that the	5
the payment of interest	5
securities held by the	5
out of the bank	5
of a failed bank	5
that he had a	5
no part of the	5
may be obtained by	5
amount of the capital	5
your present charter expire	5
bill of the monetary	5
the committee of treasury	5
bonds of the united	5
in the postal savings	5
during the past year	5
in a position where	5
there is always a	5
very large number of	5
in the general level	5
considerable part of the	5
a board of control	5
the bank note is	5
of which it is	5
notes a legal tender	5
price of gold bullion	5
of france in the	5
the tendency is for	5
in the interests of	5
hand on the table	5
be made in the	5
to go into the	5
come to an end	5
and i am not	5
the banks of each	5
the place of the	5
payable to bearer on	5
it is up to	5
but it must be	5
the banking reserve of	5
out for issue and	5
for short periods of	5
england before the war	5
the bank in a	5
seem to have been	5
is in the hands	5
and surplus of the	5
of great importance to	5
be appointed by the	5
bank of england does	5
to be paid at	5
faith against actually existing	5
the profits of the	5
for the administration of	5
but that is not	5
the number of shares	5
way in which he	5
our present currency system	5
with the means of	5
in proportion to their	5
by every possible means	5
on a level with	5
as well as by	5
the notes issued by	5
the choice of a	5
the act of march	5
what it ought to	5
you mean by that	5
as well as i	5
fall in the prices	5
day in and day	5
in return for a	5
to make paper a	5
the city of london	5
less than for each	5
the price of government	5
of the capital stock	5
or may not be	5
if you wish to	5
more rapidly than the	5
standard of value is	5
so that we can	5
and as soon as	5
the united states or	5
the effect of this	5
you say that you	5
they are to be	5
constitution of the bank	5
the manager of a	5
that there should be	5
and on the other	5
rise in the prices	5
an examination of the	5
returned to the bank	5
as i have just	5
the reserves of all	5
that they can be	5
been placed in the	5
the issue of bank	5
want to know is	5
order to pay money	5
a rise of prices	5
at the clearing houses	5
the same extent as	5
the market value of	5
you can see that	5
is indicated by the	5
the issue of the	5
rise of prices is	5
many of the banks	5
if the bank of	5
have been organized in	5
banks are required to	5
will be all right	5
and it is no	5
amount of gold coin	5
or for any other	5
of per cent on	5
went back to his	5
in a short time	5
in the business world	5
and i believe that	5
it was to be	5
the outcome of the	5
that of the united	5
new england before the	5
the financial centre of	5
the investment fund of	5
which the value of	5
as soon as it	5
fact that it was	5
you will allow me	5
from the channels of	5
using the word banker	5
large a proportion of	5
in the performance of	5
commercial and investment banking	5
in some parts of	5
a hundred and fifty	5
to the legislature of	5
make the most of	5
that it would not	5
as he thought of	5
not to exceed the	5
be used for the	5
of clearing house certificates	5
is the duty of	5
of the two metals	5
rise in the value	5
the united states a	5
the end of it	5
was the first to	5
the bank for the	5
redeem the notes of	5
adequacy and economy of	5
in whole or in	5
it seemed as though	5
use of bank notes	5
of money in the	5
that as soon as	5
that they did not	5
ought to be done	5
the distribution of credit	5
too much for him	5
part of the public	5
one or two of	5
called specie paying system	5
as reserve agents for	5
the result that the	5
and two per cent	5
the branch banking system	5
what would be the	5
practically the same as	5
of the president of	5
if he did not	5
may be due to	5
at the risk of	5
the bank issuing them	5
one of the three	5
of the new system	5
least twenty local associations	5
what we want to	5
would be in the	5
for the whole six	5
than the bank of	5
bank credit in the	5
that a national bank	5
and at the end	5
so far as he	5
to the other banks	5
the loans of the	5
of the nineteenth century	5
seemed to be no	5
the result would be	5
note issue of the	5
bank of england for	5
quarterly journal of economics	5
he had been a	5
bank of england will	5
increase in the number	5
corresponding amount of gold	5
and the return of	5
be good enough to	5
should be paid in	5
the key to the	5
it was only a	5
their true and natural	5
value of the bonds	5
chairman of the board	5
parts of the united	5
during the last two	5
made the basis of	5
years of age and	5
that it does not	5
to manufacture for themselves	5
some of them are	5
the bills of lading	5
do a banking business	5
to a limited extent	5
the security of real	5
as long as he	5
any national bank shall	5
a price for the	5
they are not so	5
nine men out of	5
for which it is	5
think it will be	5
estate as banking capital	5
you might as well	5
at the present moment	5
the chief cause of	5
was supposed to be	5
price at which the	5
bills in the market	5
nature of their business	5
they would have to	5
one part of the	5
directors of the reserve	5
in order to be	5
the depreciation of the	5
operations of the federal	5
and i shall be	5
of the states are	5
on the side of	5
the united states have	5
the clearing house was	5
as much as it	5
is said to be	5
get eight per cent	5
in and day out	5
a number of years	5
that the quantity of	5
not in a position	5
the cost of shipping	5
ten times as much	5
shall be subject to	5
is interesting to note	5
the united states steel	5
the call of the	5
by the issue of	5
of bank of england	5
the banks do not	5
not only is the	5
five hundred thousand dollars	5
all in good time	5
the boston clearing house	5
in the slightest degree	5
country to the other	5
the london money market	5
is made up of	5
union bank of scotland	5
the one hundred thousand	5
fixed rate of interest	5
current and deposit accounts	5
which it is located	5
of the mutual savings	5
the place in which	5
to all of us	5
and if they are	5
of the gold exchange	5
number of state banks	5
and it must be	5
to the account of	5
the result will be	5
and economy of service	5
times as great as	5
the decision of the	5
of the south american	5
have the right to	5
excess of the amount	5
five times as much	5
of the stock market	5
placed to the credit	5
of those who have	5
but in the end	5
from one end of	5
the governor and company	5
manner in which the	5
for the convenience of	5
be sought in the	5
has been shown that	5
the bill of the	5
in the latter case	5
to the character of	5
the executive committee of	5
no doubt that the	5
any other kind of	5
of the stock of	5
that there was no	5
debt pay another debt	5
the reason for this	5
dick the bank boy	5
the notes of failed	5
provisions of the law	5
not seem to be	5
the fluctuations in the	5
per cent of all	5
on the shoulders of	5
balances of the other	5
a history of banking	5
having a capital of	5
in a tone of	5
would have been per	5
reserves of the country	5
the regulations of the	5
if he could have	5
that they have not	5
no such thing as	5
pay a tax of	5
the idea that the	5
use of the money	5
and i think i	5
the production of the	5
it does not follow	5
exceed per centum of	5
the fact that he	5
of the bill of	5
he would have a	5
regulations of the federal	5
the new york state	5
part of the circulating	5
in the banking world	5
of england is in	5
to make the best	5
i must say i	5
at any rate the	5
a word with you	5
the commercial and industrial	5
you will have to	5
but on the other	5
that the scotch banks	5
much as per cent	5
it would be necessary	5
would then get eight	5
of government issues of	5
control of the commercial	5
it would be impossible	5
the demands made upon	5
as the volume of	5
was not in the	5
amount of the check	5
have seen that the	5
specie payments were suspended	5
to be chosen by	5
value of money in	5
just as well as	5
bank of england would	5
a copy of the	5
bankers of the country	5
of its capital stock	5
in the same town	5
the same power that	5
change in the value	5
the profit or loss	5
thing in the world	5
is capable of supplying	5