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" The propriety of making the banks liable for each other, was suggested by the regulations of the Hong merchants in Canton, where a number of men, each acting separately, have, by the grant of the government, the exclusive right of trading with foreigners,... "
The Canadian Banking System, 1817-1890 - Halaman 340
oleh Roeliff Morton Breckenridge - 1895 - 476 halaman
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Journal of the Canadian Bankers' Association, Volume 2

Canadian Bankers' Association - 1895 - 714 halaman
...Government the exclusive right cf trading with foreigners and are all made liable for the debts of each in case of failure. The case of our banks is...that paper. This abstractly just principle which has st00d the test of experience for over seventy years, and under which the bond of a Hong merchant has...
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Money and Banking Illustrated by American History

Horace White - 1895 - 526 halaman
...government, the exclusive right of trading with foreigners, and are all made liable for the debts of each in case of failure. The case of our banks is...the people of the State, and by the same rule should in common be answerable for that paper. This abstractly just principle, which has stood the test of...
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Sound Currency

1895 - 558 halaman
...•Government, the exclusive right of trading with foreigners, and are all made liable ior the debts of each in case of failure. The case of our banks is...•people of the State, and by the same rule should in common be answerable for that paper. This abstractly just principle, which has stood the test of...
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Sound Currency, 1895-1896: A Compendium of Accurate and Timely ..., Volume 2

1895 - 548 halaman
...•Government, the exclusive right of trading with foreigners, and are all made liable for the debts of each in case of failure. The case of our banks is very similar; they enjov in common the exclusive right of making a paper currency for the people of the State, and by...
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Money and Banking Illustrated by American History

Horace White - 1896 - 530 halaman
...government, the exclusive right of trading with foreigners, and are all made liable for the debts .of each in case of failure. The case of our banks is...the people of the State, and by the same rule should in common be answerable for that paper. This abstractly just principle, which has stood the test of...
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Materials for the Study of Banking

James Dysart Magee - 1923 - 794 halaman
...1837 . . . 1838 1842 1845 ... . 1847 1851 1853 . . . . . 1855 ... 1856 1840. . . 1849 1857 . ... 1858 is very similar; they enjoy in common the exclusive...the people of the State, and by the same rule should in common be answerable for that paper. This abstractly just principle, which has stood the test of...
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Banks and Politics in America from the Revolution to the Civil War

Bray Hammond - 1991 - 792 halaman
...are all made liable for the debts of each in case of failure." The situation of the banks he found similar. "They enjoy in common the exclusive right...the people of the state and by the same rule should in common be answerable for that paper." The charge upon the banks was to be compensated by limiting...
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Banks and Politics in America from the Revolution to the Civil War

Bray Hammond - 1991 - 792 halaman
...are all made liable for the debts of each in case of failure." The situation of the banks he found similar. "They enjoy in common the exclusive right...the people of the state and by the same rule should in common be answerable for that paper." The charge upon the banks was to be compensated by limiting...
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A Legal History of Money in the United States, 1774-1970

James Willard Hurst - 2001 - 392 halaman
...to guaranty bank-note holders against loss; its proponent justified the program, because the banks "enjoy in common the exclusive right of making a paper...the people of the state and by the same rule should in common be answerable for that paper." 165 In the early twentieth century, recognizing the predominant...
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Annual Report - Federal Deposit Insurance Corporation

Federal Deposit Insurance Corporation - 1950 - 738 halaman
...largely in the form of banknotes rather than deposits, he argued as follows: ". . . they [the banks] enjoy in common the exclusive right of making a paper...the people of the State and by the same rule should in common be answerable for that paper."* Nearly a century later, the Supreme Court of the United States,...
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