The Federal Reserve ActCentury Company, 1919 - 107페이지 The Federal Reserve Act has now so completely demonstrated its value, and is so widely approved by the business men of America and of the world, that I have yielded to the suggestion that I should write a short sketch of its origin and principles, as a personal reminiscence, having no time at present to write a full history of the Act. -- pg. 1. |
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adequate security Aldrich Bill Aldrich-Vreeland Act amendment Asso authorized Bank of England Bank of France Bank of Germany bankers Banking and Currency capital and surplus cash cent per annum ciation circulating notes outstanding commercial paper Committee on Banking Cong December 23 demand depositors deposits directors draft elastic currency emergency notes eral exceed February 25 Federal Reserve Act Federal Reserve agents Federal Reserve banks Federal Reserve Board Federal Reserve notes fifty per cent five per cent fund Glass gold reserve half per cent hoarding House interest charge issuance legal tender member banks ment mittee national bank notes National Reserve Association prevent inflation principles proposed raising the rate rate of interest redemption remedy rency Secretary Section secured otherwise Senator Aldrich serve Act stability tion tional Reserve trust companies unimpaired capital United States bonds UNITED STATES SENATE United States Treasury voted