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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6 페이지
... of the National Bank Act in 1900. This , of course , was no remedy , for the currency remained inelastic altho expanded ... United States bonds might , in times of threatened panic , be made converti- ble into Treasury notes to serve as ...
... of the National Bank Act in 1900. This , of course , was no remedy , for the currency remained inelastic altho expanded ... United States bonds might , in times of threatened panic , be made converti- ble into Treasury notes to serve as ...
11 페이지
... United States , for the rea- son that the element of time and distance and absence of concentration are substantial ... Treasury to issue Treasury notes against proper security deposited by the banks [ 11 ] THE FEDERAL RESERVE ACT.
... United States , for the rea- son that the element of time and distance and absence of concentration are substantial ... Treasury to issue Treasury notes against proper security deposited by the banks [ 11 ] THE FEDERAL RESERVE ACT.
20 페이지
... Treasury of the United States to issue Treasury notes to banks depositing bonds of a fixed character , Federal , state , or municipal , where the standing of such bonds is thoroughly assured , leaving the deter ... IN THE UNITED STATES ...
... Treasury of the United States to issue Treasury notes to banks depositing bonds of a fixed character , Federal , state , or municipal , where the standing of such bonds is thoroughly assured , leaving the deter ... IN THE UNITED STATES ...
21 페이지
Robert Latham Owen. mination of their character with the Secre- tary of the Treasury . In this case a charge should be made against the banks drawing the notes by a tax in excess of the ... States : First , The Postal Savings - Banks have ...
Robert Latham Owen. mination of their character with the Secre- tary of the Treasury . In this case a charge should be made against the banks drawing the notes by a tax in excess of the ... States : First , The Postal Savings - Banks have ...
22 페이지
... United States Senate under my management as Chairman of the Committee on Banking and Currency , perfected these principles by providing ( 1 ) A quick supply of Treasury Federal Reserve Notes ( money ) ; ( 2 ) Issued and controlled by ...
... United States Senate under my management as Chairman of the Committee on Banking and Currency , perfected these principles by providing ( 1 ) A quick supply of Treasury Federal Reserve Notes ( money ) ; ( 2 ) Issued and controlled by ...
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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