National banking under the Federal Reserve System

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Monograph

Identifikator:: 1757542345

URN:: urn:nbn:de:zbw-retromon-135097

Document type:: Monograph

Title:: National banking under the Federal Reserve System

Place of publication:: New York

Publisher:: The National City Bank of New York

Year of publication:: 1927

Scope:: 154 S.

Digitisation:: 2021

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Paper eligible for rediscount and purchase by federal reserve banks

Collection:: Economics Books

ACTS OF THE LEGISLATIVE ORGAN 35 wherein the evident lack of civilization and the imminent danger to the person and property of aliens, render it imperative to take special steps for the protection of the State’s nationals. These are really emergency cases in international life. And even they, at a more advanced stage of civilization, should be subject to some collective control. Beyond that, the action of the States should be confined to demand the intervention of international justice to fix responsibility and to afford reparation. Reprisals should, therefore, be altogether abolished. The substantive rules of law involving contractual responsibility should be set forth bearing in mind the principles of justice and equity, in order to properly reconcile the requirements of the best public interests of the nation with the rights and interests of the persons who have contracted with it. Such broad and general formulas as may be adopted will be rendered practical and more specific in the course of time by the decisions of international courts.

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