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Successes and failures of system of credit certificates of clearing chamber have created

Soil for two conclusions. First, someone should keep at itself(himself) Adequate reserves of credit resources which could be used in Crisis case. Secondly, these resources should be accessible to all Banks. Moreover, the increasing popularity was got by the point of view that Such resources could be given only the organisation, in the defined

Sense not having something in common with functions of usual commercial bank.

As such organisation the bank which would not have usage should act Completely to use the credit resources.

A certain similarity of such help during crisis rendered Exchequer. Still in 1846

The rule according to which the Exchequer was irrespective of has been established

Banks. In other words, the Exchequer should store not used

Funds independently instead of to deposit them in banks. This principle was exposed

To the critic as having negative effect on the monetary market in a case, when in

Receipts of Exchequer throughout any time exceeded it

Expenses. It led to instability of the market: on the market that were splashed out

Considerable money resources the same means suddenly left it. Beginning

Since the period of Civil War, a principle of independence of Exchequer any more

It was observed with all scrupulousness. The exchequer began to resort to

To deposition of means in the selected national banks also has mastered practice

Rendering assistance during crises. Methods of use of means of Exchequer in

The purposes of increase of liquidity of the monetary market were rather various see U. S.

National Monetary Commission - "The Independent Treasury". In 1857, when National bank system did not exist yet, the Exchequer has improved

Situation in the market, having redeemed bonds. In 1873 it has resorted again to

To acquisition of bonds and, besides, has sold on 5 mln. dollars gold, Having placed the obtained means for deposits in some banks. In 1884

The exchequer has paid in the advance payment a part of percent on a public debt. In

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Space Icons Develop scientific or space-related projects with readily available images. Space Icons pack includes over 60 images focusing on astronomy, including Astronaut, Sun, Spacesuit and all planets of the solar system.

Large Weather Icons Large Weather Icons depict a number of weather conditions typical in software, weather Web sites, and mobile gadgets. The images are available in all resolutions standard to Windows, Mac OS, and other platforms. The largest versions are huge 512x512 pixel images with vector sources in Adobe Illustrator (.ai) format easily affordable and ready to be printed or used in presentations in highest quality.

Business Icon Set Business Icon Set. A collection of all-purpose icons with various symbols for the business environment for use with your software or on your website.

Standard Hotel Icons Making applications for hotel industry can be quite a challenge, and rarely there is time to design GUI for your product. With Standard Hotel Icons you will instantly get all the images you need at an affordable price.

Medical Icons for Vista Medical Icons for Vista has been design to eliminate any misunderstanding appearing while viewing a medical webpage or operating a medical software. The images are provided in numerous sizes and formats.