The Addresses And Messages of the Presidents of the United States
The Addresses And Messages of the Presidents of the United States
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It is now well ascertained that the real domestic exchanges, performed through discounts by the United State^j Bank and its twenty-five branches, were at least one third less than those of the deposite banks foe an equal period of time; and if a comparison be instituted between the amounts of service rendered by these institutions, on the broader basis which has been used by the advocates of the United States Bank, in estimatiog Digitized by VjOOQ IC SIOHTH ANNUAL MB88AOX. 577 ' ^vhat they cond...der the domestic exchanges transacted by it, the resalt will be still more favorable to the deposite banks.
' Tbe whole amount of public money transferred by the Bank of th« United Slates, in 1832, was sixteen millions of dollars. The amount trans- ferred and actually paid by the deposite banks in the year ending tbe first of October last, was thirty-nine millions three hundred and nineteen thou- sand eight hundred and ninety-nine dollars; the amount transferred and paid between that period and the sixth of November was &ve millions three hundred and ninety-nine thousand dollars; and the amount of transfer war- rants outstanding on that day, was fourteen millions, four hundred and fifty thousand dollars ; making an aggregate of fifty-nine millions one hundred and sixty-eight thousand eight himdred and ninety-four dolliEirs.
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To quickly assess the difficulty of the text, read a short excerpt:
It is now well ascertained that the real domestic exchanges, performed through discounts by the United State^j Bank and its twenty-five branches, were at least one third less than those of the deposite banks foe an equal period of time; and if a comparison be instituted between the amounts of service rendered by these institutions, on the broader basis which has been used by the advocates of the United States Bank, in estimatiog Digitized by VjOOQ IC SIOHTH ANNUAL MB88AOX. 577 ' ^vhat they cond...der the domestic exchanges transacted by it, the resalt will be still more favorable to the deposite banks.
' Tbe whole amount of public money transferred by the Bank of th« United Slates, in 1832, was sixteen millions of dollars. The amount trans- ferred and actually paid by the deposite banks in the year ending tbe first of October last, was thirty-nine millions three hundred and nineteen thou- sand eight hundred and ninety-nine dollars; the amount transferred and paid between that period and the sixth of November was &ve millions three hundred and ninety-nine thousand dollars; and the amount of transfer war- rants outstanding on that day, was fourteen millions, four hundred and fifty thousand dollars ; making an aggregate of fifty-nine millions one hundred and sixty-eight thousand eight himdred and ninety-four dolliEirs.
What to read after The Addresses And Messages of the Presidents of the United States?
You can find similar books in the "Read Also" column, or choose other free books by United States. President to read onlineMoreLess
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