A Rational Banking System a Comprehensive Study of the Advantages of the Branc
A Rational Banking System a Comprehensive Study of the Advantages of the Branc
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In our eReader you can find the full English version of the book. Read A Rational Banking System a Comprehensive Study of the Advantages of the Branc Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Rational Banking System a Comprehensive Study of the Advantages of the Branc
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What this means to the trade and to business men generally may be easily imagined. They get their accommodation with much less trouble, and they pay less for it. In other words, they are able to finance a larger business at a lower expense ratio. There is reason to believe that the interest rate in Minneapolis would be quite J per cent, lower under a system of this kind. In the smaller country places throughout the Northwest it ought to be fully i per cent, or i J per cent, lower. Taking it at ...f per 147 A RATIONAL BANKING SYSTEM cent. , and applying that to an aggregate of $100, 000, 000 of grain loans, running for six months, the annual saving would amount to $375, 000 in this one item alone, to say nothing of the extra profits to be made by the grain men and merchants through their ability to get larger credits without unnecessary bother. It is to be remembered that the saving in interest here referred to results merely from the expansive circulating power coming into use in the fall and early winter.
What to read after A Rational Banking System a Comprehensive Study of the Advantages of the Branc?
You can find similar books in the "Read Also" column, or choose other free books by Homer Mark Philip Eckardt to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
What this means to the trade and to business men generally may be easily imagined. They get their accommodation with much less trouble, and they pay less for it. In other words, they are able to finance a larger business at a lower expense ratio. There is reason to believe that the interest rate in Minneapolis would be quite J per cent, lower under a system of this kind. In the smaller country places throughout the Northwest it ought to be fully i per cent, or i J per cent, lower. Taking it at ...f per 147 A RATIONAL BANKING SYSTEM cent. , and applying that to an aggregate of $100, 000, 000 of grain loans, running for six months, the annual saving would amount to $375, 000 in this one item alone, to say nothing of the extra profits to be made by the grain men and merchants through their ability to get larger credits without unnecessary bother. It is to be remembered that the saving in interest here referred to results merely from the expansive circulating power coming into use in the fall and early winter.
What to read after A Rational Banking System a Comprehensive Study of the Advantages of the Branc?
You can find similar books in the "Read Also" column, or choose other free books by Homer Mark Philip Eckardt to read onlineMoreLess
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