 Every, loan which a bank makes, is, in its first shape, a credit given to the borrower on its books, the amount of which it stands ready to pay, either in its own notes, or in gold or silver, at his option. But, in a great number of cases, no actual payment...  Reports of the Secretary of the Treasury of the United States, Prepared in ... - Stran 55avtor: United States. Department of the Treasury - 1837Celotni ogled - O knjigi
 | United States. Department of the Treasury - 1828 - 586 strani
...credit given to the borrower on its books, the amount of which ft stands ready to pay, either in its own notes, or in gold or silver, at his option. But,...with a similar credit, because he is satisfied that he can, whenever he pleases, either convert it into cash, or pass it to some other hand, as an equivalent... | |
 | Thomas H. Goddard - 1831 - 262 strani
...credit given to the borrower on its books, the amount of which it stands ready to pay, either in its own notes, or in gold or silver, at his option. But,...with a similar credit, because he is satisfied that he can, whenever he pleases, either convert it into cash, or pass it to some other hand, as an equivalent... | |
 | Matthew St. Clair Clarke - 1832 - 856 strani
...credit given to ' the borrower on its books, the amount of which it stands ready to pay, either in its own notes, or in gold or silver, at his option. But,...with a similar credit, because he is satisfied that he can, whenever he pleases, either convert it into cash, or pass it to some other hand, as an equivalent... | |
 | Matthew St. Clair Clarke - 1832 - 864 strani
...credit given to the borrower on its books, the amount of which it stands ready to pay, either in its own notes, or in gold or silver, at his option. But,...transfers his credit to some other person, to whom he has_a payment to make; who, in his turn, isas often content with a similar credit, because he is satisfied... | |
 | Joseph Gales - 1834 - 646 strani
...the borrower on its books, the amount of which it stands ready to pay, either in its own notes, or gold or silver, at his option. But. in a great number...with a similar credit, because he is satisfied that he can, whenever he pleases, either convert it into cash, or pass it to some other hand, as an equivalent... | |
 | JOESPH GALES - 1834 - 594 strani
...books, the amount of which it stands ready to pay, either in its own notes, or gold or silver, at nis option. But, in a great number of cases, no actual...with a similar credit, because he is satisfied that he can, whenever he pleases, either convert it into cash, or pass it to some other hand, as an equivalent... | |
 | Alexander Hamilton - 1850 - 606 strani
...credit given to the borrower on its books, the amount of which it stands ready to pay, either in its own notes, or in gold or silver, at his option. But,...with a similar credit, because he is satisfied that he can, whenever he pleases, either convert it into cash, or pass it to some other hand, as an equivalent... | |
 | Alexander Hamilton - 1850 - 606 strani
...credit given to the borrower on its books, the amount of which it stands ready to pay, either in its own notes, or in gold or silver, at his option. But,...great number of cases, no actual payment is made in cither. The borrower, frequently, by a check or order, transfers his credit to some other person, to... | |
 | Alexander Hamilton - 1851 - 620 strani
...credit given to the borrower on its books, the amount of which it stands ready to pay, either in its own notes, or in gold or silver, at his option. But,...with a similar credit, because he is satisfied that he can, whenever he pleases, either convert it into cash, or pass it to some other hand, as an equivalent... | |
 | Henry Dunning Macleod - 1872 - 730 strani
...borrower on its books, the amount of which it stands ready to pay, either in its own notes, or gold and silver, at his option. But in a great number of cases, no actual payment is made in either. * * * The same circumstances illustrate the truth of the position, that it is one of the properties of banks... | |
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