1.3. rezultāts no 86.
Thus the volume of bank notes might contract even at a time when the people needed more currency . In such case , of course , Canada would be obliged to import gold in order to fill the gap in the circulating medium .
banks , who determine how much the circulation of the banks shall be . BANK NOTES HAVE NO COMPETITION . The fact that the bank note has exclusive possession of the monetary field in Canada is most important . His ignorance of this fact ...
Since all notes in excess of $ 30 ,000 , 000 are secured by a deposit of gold in the Dominion treasury , their issue in no way increases the revenues of the finance department . The 40 per cent requirement , as a matter of fact ...
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