Full Reserve Banking

Famous quotes containing the words full, reserve and/or banking:

    “Measured by any standard known to science—by horse-power, calories, volts, mass in any shape,—the tension and vibration and volume and so-called progression of society were full a thousand times greater in 1900 than in 1800;Mthe force had doubled ten times over, and the speed, when measured by electrical standards as in telegraphy, approached infinity, and had annihilated both space and time. No law of material movement applied to it.”
    —Henry Brooks Adams (1838–1918)

    “I do not know what right I have to so much happiness, but rather hold it in reserve till the time of my desert.”
    —Henry David Thoreau (1817–1862)

    “One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
    —William Howard Taft (1857–1930)