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Quarterly Journal of Economics Vol. 24 No. 4 1910

Proposals for Strengthening the National Banking System

O. M. W. Sprague

Harvard University Press

Abstract

The bond-secured notes have not been a serious element of weakness, 634. — The present practice of paying interest on bankers' deposits, the fundamental cause of inelasticity, 637. — And also of the lack of any reserve of lending power in our banking system, 638. — Regular redemption of notes alone would not ensure elasticity, 642. — Evils which may be attributed to the bond-secured notes, 645. — A plan for the substitution of an asset currency of limited volume, 646. — Proposal for the modification of the present method of paying interest on bankers' deposits, 650. — Summary of the proposals in this and the preceding article, 654.

DOI
10.2307/1883491
Volume
24
Issue
4
Pages
634
Sources
openalex crossref

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