Federal Reserve Act, 1913: McFadden Act, 1927; Banking Act of 1933, Banking Act of 1935, Banking Holding Company Act, 1956; ... 1958 |
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Página 4
... bonds to protect all currency received by them for circulation . The different elements in this system will be fully ... bond between them is found either in mutual stock ownership or in the redepositing of reserves as they are permitted ...
... bonds to protect all currency received by them for circulation . The different elements in this system will be fully ... bond between them is found either in mutual stock ownership or in the redepositing of reserves as they are permitted ...
Página 7
... bonds of approved kinds , receiving in exchange 90 per cent of the par value of such bonds , provided they are worth at least par . The currency associations may ob- tain notes equal to 75 per cent of the face value of commercial paper ...
... bonds of approved kinds , receiving in exchange 90 per cent of the par value of such bonds , provided they are worth at least par . The currency associations may ob- tain notes equal to 75 per cent of the face value of commercial paper ...
Página 17
... bonds by a gradual process , receiving in exchange 3 percent bonds without the circulation privilege . In lieu of the notes , now secured by national bonds and issued by the national banks , and , so far as necessary in addition to them ...
... bonds by a gradual process , receiving in exchange 3 percent bonds without the circulation privilege . In lieu of the notes , now secured by national bonds and issued by the national banks , and , so far as necessary in addition to them ...
Página 22
... BOND - SECURED CURRENCY . There are several important reasons for the retirement of bond- secured currency . The most obvious is that bond - secured notes are not " elastic . " By this is meant that the necessity of purchasing bonds to ...
... BOND - SECURED CURRENCY . There are several important reasons for the retirement of bond- secured currency . The most obvious is that bond - secured notes are not " elastic . " By this is meant that the necessity of purchasing bonds to ...
Página 23
... bonds due to rising prices and higher interest for capi- tal , the national bond quotations have sunk until the 2 per cents are now below par . The ownership of bonds has thus inflicted a severe loss upon holders already , and something ...
... bonds due to rising prices and higher interest for capi- tal , the national bond quotations have sunk until the 2 per cents are now below par . The ownership of bonds has thus inflicted a severe loss upon holders already , and something ...
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amends section amount application appointed approval assessment assets authorized bank holding company bankers Banking Act board of directors bonds branch banking capital and surplus capital stock cash cent central reserve cities centum certificate closed bank Comptroller Congress Corporation deemed deposit liabilities depositors discount dividends employee establish examination existing law Federal Deposit Insurance Federal Reserve Act Federal reserve agent Federal reserve bank Federal Reserve Board Federal reserve district Federal reserve notes Federal Reserve System funds gold Government held holding company affiliate House bill insured bank insured deposit interest issued loans located member bank ment mutual savings bank national banking act national banking association national-bank nonmember banks obligations officer operations paid payment permit prescribed purchase purpose receive rediscount regulations reserve requirements Revised Statutes Secretary Senate amendment shareholders shares stockholders term thereafter thereof tion title 12 Treasury trust company United vote