The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1911-01-17


iiese MAJ prprosatsd ia ssass Hin, III,
! lated from the ba, III that Il siionld
pay he treasury an II, Ia,lai sroyalty d
i THE eighth part 81 me ayerare rata
\ OF discount, multiplied ~ Tie 4 noun
4 or The ,circalat lon productive ia.
4 is 10 issy, BY the amount, 81 ii I'd yances
\ n money granted u and discounted
lshitls. I IA 4 y ..
! In 1907 this 8roya ltyIi reached 7.ss \.
!: 900 francs:s the total amount ofs mon.
III received sbys the state On ttat a..
count from 1897. to the end of 1905.
exceeded 5000, 600 francs. h On the
whole the taxes which the han X has
;tosspay IN exchsnge for Its privilege,
reach about, the fourth part OF the net
Eroft "A Besides the bank must grant
Ito the state a permanent advance OF
ilso.o 900 600 francs. Without recelying
any interest less the current ae..
Ecount sof the stste kept at the bank,
liss lees hanssstl, above ;fgures and
ionly stor the mount wanted TO scon-
plele me said fgures.is ~
~ exec ionla a. 4 cifetmsta row
er,Sthe bank may be allowed %
LEND nearly any saEiaaoailt OF money 70
tpe 3, aye & = rapg me Y Franz ierman
/ war.;the aoEanee iof money granted.
" ~ an H. fl Y : eminent reached
,gyy,yyy'gVy Ira,lssi wnicn were fe7
1uGaeu ID tsss 1naiss eigal years
81, ~. !. \, ". y sis 'ano ~
As w pa1 ,Aa g 5nelp ne sI US.
,aoss cllcams.a nces nna
ny ~ .i.'i,s.i pelioa lslms .ne
sat y, a,.Y.ss naa = sours iorsse n W.
z y sss. oe s1Snansea sioI
ssia Il Z. z, 49, III Ne esnk soVasets,
Inc f,eneht p!tesiea understood psr-
.sss !. .at pun measure WIZ pa .t
.sa.p q aug ,ne t,ank ,hoses y pom
.sse e.lea.a!eas WHOM losing any
sna 4, !, very iis.,e ~ sne s
Nominal .rn esaiae.s ~
3, ~ ps,l ", business q
.a.s n we me y, 81 n
.enslye seate, ae sylrement or
~ ~ y! y ~. y
. q so.yyg,vyV.ggV siranfs 50 lhatsth
paak g Iaaee may Se CONSIDERED RS
Wy .eastns nolse. Z. tne iWnole freshsh
" mst oaa ~ !nat; same year there were
ss,Yey,0 pll,s lalssohntea and eolleets
8, isst'ls.n AS,vy,yov.oVo francs s
~ sety itfssl, DIS down Y ange
.sapes afe aceep.sa py ne pank ms
makes ne esIlAp'isn ment aa I popular
y eosslo.e aha a Is accounts q all
q ~, Y Mnlcn y iast NUMBERED llS only
z.,soa,E amounted IN 4 os TO sl.4oS.s
far'a4 y me world sS q reserved OF
gsoaey. the PRIMARY q afrket and center
~ tne sreon mashlhefry 81 interp qs;
.lonAa eomtHsfe b se aiSay has req
SaSn ~ any .lat ava s!a We
Dahk 5Fa!e,t ana, Sonseq nsenly always
sheap money she Jls constantly a.
'Nlieills .he sotner TWO Great: financial
Ienaels = me rae, ot me
alse 4ts kept sse'Ssoily a tEl
...ti eAE " ana year otit at three
tpsL gshs.sa 4
VIM 4tns iatsstsie years me rate 81
a!ssSuht gas peen raised hisstwiece
ana !, l IN g very snorts Period q time
y eenti .ih: March and md four
Eef sshss.a SsS9yenoer, slso1 but only
y $sythpatay win me bank OF Eng
eng ana ne lm l'fl. Bank q Ger--
N.Y. Whlsh nay raised tlelr rates OF
a!ssouH " -, sl4 per gent anu seven
pes sem, ne thEee per cent rate Was S.
,ssuniea pSt y Y. bahk: q France ron
sanaal ~, lsys, and Z mas not been
ena.lsea SINCE mat Time.
it;ts the one same rate in the whole
Mor.a, aug mus ;eonstitlltes the none
M ;a,y pa.anee Wnsel OF chrlstendom,
Mh.e ao.her maEFets l'letlat Y. Paris
y ms IS possible because " x,
" ia1ir,siah 4 pahk.ers is Obliged 10
aNe iess Ticks than nankers ID lonf
noa orNeW lerk ana ms enormous y
uIc aa ''! Sol ready money enables
!. eenaact y conseryat ye 81 !.
yoa :, ~ VIM, I. il recon,
soivsnsn ho sVn n..a ~ s,aoi..s ana
M rs,,as ~ e. y n ~ fpy
En,,,a a nv, ~ i lne bshk 9 9;