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" The augmentation of the active or productive capital of a country. Gold and silver, when they are employed merely as the instruments of exchange and alienation, have been not improperly denominated dead stock; but when deposited in banks, to become the... "
Documents, Messages and Other Communications, Made to the General Assembly - Page 6
by Ohio. General Assembly - 1843
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Reports of the Secretary of the Treasury of the United States...[1790-1828].

United States. Department of the Treasury - 1828 - 586 pages
...Bank: First The augmentation of the active or productive capital of a country. Gold and silver, where they are employed merely as the instruments of exchange...when deposited in banks, to become the basis of a paper circulation, which takes their character and place, as the signs or representatives of value,...
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A General History of the Most Prominent Banks in Europe: Particularly the ...

Thomas H. Goddard - Banks and banking - 1831 - 262 pages
...: First. The augmentation of the active or productive capital of a country. Gold and silver, where they are employed merely as the instruments of exchange...when deposited in banks, to become the basis of a paper circulation, which takes their character and place, as the signs or representatives of value,...
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Legislative and Documentary History of the Bank of the United States ...

Matthew St. Clair Clarke - Banking law - 1832 - 864 pages
...principal advantages ofa bank: First. The augmentation of the active or productive capital ofa country. Gold and silver, when they are employed merely as...when deposited in banks, to become the basis of a paper circulation, which takes their character and place, as the signs or representatives of value,...
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Legislative and Documentary History of the Bank of the United States ...

Matthew St. Clair Clarke - Banking law - 1832 - 856 pages
...principal advantages of a bank: First. The augmentation ofthe active or productive capital of a country. Gold and silver, when they are employed merely as the instruments of ex change and alienatien, have been, not improperly, denominated dead stock; but when deposited in...
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The Debates and Proceedings in the Congress of the United States ..., Volume 2

Joseph Gales - United States - 1834 - 646 pages
...principal advantages of a Bank: First. The augmentation of the active or productive capital of a country. Gold and silver, when they are employed merely as...when deposited in banks, to become the basis of a paper circulation, which takes their character and place, as the signs or representatives of value,...
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Reports of the Secretary of the Treasury of the United States ..., Volume 1

United States. Department of the Treasury - Finance - 1837 - 578 pages
...bank: First. The augmentation of the active or productive capital of a country. Gold and silver, where they are employed merely as the instruments of exchange...improperly denominated dead stock; but when deposited in hanks, to become the basis of a paper circulation, which takes their character and place, as the signs...
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Reports of the Secretary of the Treasury of the United States ..., Volume 1

United States. Department of the Treasury - Finance - 1837 - 578 pages
...capital of a country, (lold and silver, where they are employed merely as the instruments of exehange and alienation, have been not improperly denominated...when deposited in banks, to become the basis of a paper circulation, -which takes their character and place, as the signs or representatives of value,...
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The Works of Alexander Hamilton: Comprising His Correspondence ..., Volume 3

Alexander Hamilton - Finance - 1850 - 606 pages
...principal ad vantages of a Bank: First. The augmentation of the active or productive capital of a country. Gold and silver, when they are employed merely as...when deposited in banks, to become the basis of a paper circulation, which takes their character and place, as the signs or representatives of value,...
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The Works of Alexander Hamilton: Miscellanies, 1789-1795: France; Duties on ...

Alexander Hamilton - Finance - 1850 - 606 pages
...principal advantages of a Bank : First. The augmentation of the active or productive capital of a country. Gold and silver, when they are employed merely as...when deposited in banks, to become the basis of a paper circulation, which takes their character and place, as the signs or representatives of value,...
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Centennial: One Hundred Years of Progress in the Business of Banking

Elbridge Gerry Spaulding - Banks and banking - 1876 - 86 pages
...among the principal advantages of a bank. ''First, the augmentation of productive capital of a country. Gold and silver, when they are employed merely as the instruments of exchange, alienation, have been not improperly denominated dead stock ; but when deposited in banks, to become...
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