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Simply forward growth of the reference which have made in 1900 - 1907 more than 90 % and
The generated inflationary boom of those years. Events of 1907 it is evident
Have shown that the system of deposition of bonds was incapable to
To changes which could enter in case of need into the reference more
Considerable volumes of bank money.
In other explanations of the reasons of the arisen problems of less attention it was given
Issues of banknotes, and the accent became on other distinctive features of the American
Systems. Specifications of obligatory reserves were one of such lines. should
Were to store also 25 % in the form of a reserve, but half of this sum could be stored
On the deposit in New York. All other banks have been obliged to store 15 % of a reserve, Saint Louis together with
New York have received the status of "the central reserve cities"., and
The three fifth this sum could be deposited in the authorised banks
"Reserve cities". After 1874 reserve requirements have been reconsidered and
Began to concern only deposits. After 1887 of Chicago, banknotes in the form of lawful money resources. Banks of others
The cities named by "repayment cities", Up to
1874 national banks of New York should store in the safes of 25 % from
The sums of deposits and "reserve cities" In that measure, in
What requirement about minimum was a question of credit expansion possibilities,
To dale of reserves has hardly compelled banks to limit scales of this expansion.
The official minimum was much more below that level of reserves, which banks
In normal conditions considered expedient to store. However if suddenly
There was for the sake of what reserves actually and were stored, namely -
Extreme growth of demand for cash, banks could use
Reserves only not for long while their level would not be made even to the resolved minimum.
So, if banks were not authorised to reduce the reserves below the specified
The minimum law, they could not react to crisis situations effectively.
More intensive, rather than usually, removal of means from deposits could be
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Large Weather Icons
represent a number of weather conditions typical in software, weather portals, and mobile gadgets. The icons arprovided in typical resolutions standard to Windows, Mac OS, and mobile devices. The largest versions are huge 512x512 pixel icons with vector sources in Adobe Illustrator (.ai) format easily affordable and ready to be printed or used in presentations in highest quality.
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Making software for hotel business can be quite a challenge, and rarely there is time to think about GUI for your product. With Standard Hotel Icons
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Large Money Icons
is a collection of professionally drawn icons for use in any spftware or Web products, such as software applications, websites, blogs and presentations. The icons have a bright color palette, and smooth edges.
Large Home Icons
set contains icons for all the kinds of architectural decorations, houses, buildings and homes you can imagine. This collection had beed professionally created to provide bright colored matching icons for any architecture or map project.