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National Monetary Commission

Index National Monetary Commission

The National Monetary Commission was a study group created by the Aldrich-Vreeland Act of 1908. [1]

19 relations: Aldrich–Vreeland Act, Bank run, Commercial paper, Elasticity (economics), Federal Reserve Act, Federal Reserve System, Franc, FRASER, History of the United States Democratic Party, History of the United States Republican Party, Mark (currency), Nelson W. Aldrich, Panic of 1907, Pound (currency), United States dollar, United States Government Publishing Office, United States Senate, Woodrow Wilson, World War I.

Aldrich–Vreeland Act

The Aldrich–Vreeland Act was passed in response to the Panic of 1907 and established the National Monetary Commission, which recommended the Federal Reserve Act of 1913.

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Bank run

A bank run (also known as a run on the bank) occurs when a large number of people withdraw their money from a bank, because they believe the bank may cease to function in the near future.

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Commercial paper

Commercial paper, in the global financial market, is an unsecured promissory note with a fixed maturity of not more than 364 days.

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Elasticity (economics)

In economics, elasticity is the measurement of how an economic variable responds to a change in another.

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Federal Reserve Act

The Federal Reserve Act (ch. 6,, enacted December 23, 1913) is an Act of Congress that created and established the Federal Reserve System (the central banking system of the United States), and which created the authority to issue Federal Reserve Notes (commonly known as the US Dollar) as legal tender.

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Federal Reserve System

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America.

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Franc

The franc (₣) is the name of several currency units.

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FRASER

The Federal Reserve Archival System for Economic Research (FRASER) is a digital archive begun in 2004 by the Federal Reserve Bank of St. Louis to safeguard, preserve and provide easy access to the United States’ economic history, particularly the history of the Federal Reserve System, through digitization of documents related to the U.S. financial system.

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History of the United States Democratic Party

The Democratic Party is the oldest voter-based political party in the world and the oldest existing political party in the United States, tracing its heritage back to the anti-Federalists and the Jeffersonian Democratic-Republican Party of the 1790s.

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History of the United States Republican Party

The Republican Party, also referred to as the GOP (abbreviation for Grand Old Party), is one of the world's oldest extant political parties.

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Mark (currency)

The mark was a currency or unit of account in many nations.

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Nelson W. Aldrich

Nelson Wilmarth Aldrich (November 6, 1841 – April 16, 1915) was a prominent American politician and a leader of the Republican Party in the United States Senate, where he served from 1881 to 1911.

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Panic of 1907

The Panic of 1907 – also known as the 1907 Bankers' Panic or Knickerbocker Crisis – was a United States financial crisis that took place over a three-week period starting in mid-October, when the New York Stock Exchange fell almost 50% from its peak the previous year.

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Pound (currency)

The pound is a unit of currency in some nations.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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United States Government Publishing Office

The United States Government Publishing Office (GPO) (formerly the Government Printing Office) is an agency of the legislative branch of the United States federal government.

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United States Senate

The United States Senate is the upper chamber of the United States Congress, which along with the United States House of Representatives—the lower chamber—comprise the legislature of the United States.

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Woodrow Wilson

Thomas Woodrow Wilson (December 28, 1856 – February 3, 1924) was an American statesman and academic who served as the 28th President of the United States from 1913 to 1921.

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World War I

World War I (often abbreviated as WWI or WW1), also known as the First World War, the Great War, or the War to End All Wars, was a global war originating in Europe that lasted from 28 July 1914 to 11 November 1918.

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Redirects here:

Aldrich Commission, The National Monetary Commission.

References

[1] https://en.wikipedia.org/wiki/National_Monetary_Commission

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