Committee Prints |
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11 페이지
... ment on its interest - bearing public marketable securities . A glance at the list of early maturities shows better than any data on interest rates or cost data why the Treasury is concerned about the mainte- nance of " a stable and ...
... ment on its interest - bearing public marketable securities . A glance at the list of early maturities shows better than any data on interest rates or cost data why the Treasury is concerned about the mainte- nance of " a stable and ...
20 페이지
... ment . The assumption is that any rise in rates which the Govern- ment must pay is an expression of a lowered market appraisal . Be- cause second - grade bonds bear higher rates of interest than first- grade bonds , it is assumed that ...
... ment . The assumption is that any rise in rates which the Govern- ment must pay is an expression of a lowered market appraisal . Be- cause second - grade bonds bear higher rates of interest than first- grade bonds , it is assumed that ...
34 페이지
... ment and to support the Government's decision to rely in major degree for the immediate future upon fiscal and credit measures to curb inflation , the Board of Governors of the Federal Reserve System and the Federal Open Market Com ...
... ment and to support the Government's decision to rely in major degree for the immediate future upon fiscal and credit measures to curb inflation , the Board of Governors of the Federal Reserve System and the Federal Open Market Com ...
52 페이지
... ment securities market . The plan , in effect , would divorce the market for private debt from the market for Government securities . 4. The plan would not rely on higher interest rates to restrain private borrow- ing , but to the ...
... ment securities market . The plan , in effect , would divorce the market for private debt from the market for Government securities . 4. The plan would not rely on higher interest rates to restrain private borrow- ing , but to the ...
98 페이지
... ment being 18 percent , unchanged from before the establishment of the central bank . The central bank also has authority to fix limits on the expansion of total loans and investments of each commercial bank or of loans and investments ...
... ment being 18 percent , unchanged from before the establishment of the central bank . The central bank also has authority to fix limits on the expansion of total loans and investments of each commercial bank or of loans and investments ...
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additional agencies agricultural amendment amount areas average bank reserves billion Board of Governors bonds borrowers budget central bank changes Chief earner clothing Congress construction consumer corporate cost credit controls defense demand dollars earnings Economic Report effect employment estimated expansion expenditures farmers Farmers Home Administration Federal Government Federal Reserve banks Federal Reserve System financing fiscal funds Government securities gross national product income tax increase industrial inflation inflationary pressures interest rates investment January JOHN SPARKMAN Joint Committee June labor limitation living loans low-income Members of household.-Father ment military monetary policy money supply month mother needs old-age and survivors operations payments percent period plans present problem purchased reduced reserve requirements rise rural savings short-term spending stability Subcommittee supply tion Total cash income Treasury United wage week workers
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2 페이지 - Congress hereby declares that it is the continuing policy and responsibility of the Federal Government to use all practicable means consistent with its needs and obligations and other essential considerations of national policy, with the assistance and cooperation of industry, agriculture, labor, and State and local governments, to coordinate and utilize all its plans, functions, and resources for the purpose of creating and maintaining, in a manner calculated to foster and promote free competitive...
73 페이지 - The Treasury and the Federal Reserve System have reached full accord with respect to debt-management and monetary policies to be pursued in furthering their common purpose to assure the successful financing of the Government's requirements and, at the same time, to minimize monetization of the public debt.
ii 페이지 - Recommendations for Social Security Legislation; the Reports of the Advisory Council on Social Security to the Senate Committee on Finance,
36 페이지 - Section 5. Section 3 shall take effect at midnight on the last clay of the sixth month following the ratification of this article. Nothing contained in this article shall affect the power of the United States after said date to collect any tax...
75 페이지 - But we believe that the advantages of avoiding inflation are so great and that a restrictive monetary policy can contribute so much to this end that the freedom of the Federal Reserve to restrict credit and raise interest rates for general stabilization purposes should be restored even if the cost should prove to be a significant increase in service charges on the Federal debt and a greater inconvenience to the Treasury in its sale of securities for new financing and refunding purposes.
25 페이지 - On the application of the legislatures of two thirds of the states in the Union, for an amendment of this Constitution, the legislature of the United States shall call a convention for that purpose.
25 페이지 - If two-thirds of the Legislatures of the States apply for the same, the Legislature of the United States shall call a convention for the purpose of amending the Constitution; or, should Congress, with the consent of...
51 페이지 - We recommend the creation of a National Monetary and Credit Council which •ould include the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the...