Principles of Money and Banking: A Series of Selected Materials

Adapted from Money amount assignats bank banker bills of credit bimetallism bonds borrower bullion capital cash cent certificates circulation coinage of silver commercial commodities Congress contract copper debtor debts deferred payments demand denominator deposit depreciation economic export fact foreign functions fund gold and silver gold coin gold standard grains greenbacks Gresham's law holder important increase index number indorser industry interest investment issue labor Latin Monetary Union legal tender legal-tender less loan means medium of exchange ment merchant millions mints monetary nation negotiable instrument obligations operation ounces paid paper currency paper money party passed payable pecuniary unit person pieces precious metals present production purchase purpose quantity ratio received redeemed redemption reserve secure seignorage sell Senate silver coins silver dollar supply tion token coins token money trade transactions treasury notes United States notes wealth weight