Supplementary Bond Legislation ...: Hearing ... September 12, 19181918 - 39 pages |
From inside the book
Results 1-5 of 7
Page 4
... organization have made it possible to place the liberty bonds in the hands of many millions of persons who had never before been investors in securities of any kind . Bonds of the third liberty loan received the widest pos- sible ...
... organization have made it possible to place the liberty bonds in the hands of many millions of persons who had never before been investors in securities of any kind . Bonds of the third liberty loan received the widest pos- sible ...
Page 8
... organization with the liberty - loan organization it will become possible immediately after the fourth loan to take still more vigorous steps for inducing private investors to set aside their sav ings from day to day and from week to ...
... organization with the liberty - loan organization it will become possible immediately after the fourth loan to take still more vigorous steps for inducing private investors to set aside their sav ings from day to day and from week to ...
Page 10
... organization was from the beginning con- structed on a Federal reserve district basis . That policy of decen- tralization was necessary and has been wonderfully successful in carrying on the stupendous operations . The physical labor ...
... organization was from the beginning con- structed on a Federal reserve district basis . That policy of decen- tralization was necessary and has been wonderfully successful in carrying on the stupendous operations . The physical labor ...
Page 11
... organization , from which the follow- ing is a quotation : 66 PRESENT ORGANIZATION . " The Secretary of the Treasury appointed a national war savings committee , consisting of a chairman and four members . Upon their recommendation he ...
... organization , from which the follow- ing is a quotation : 66 PRESENT ORGANIZATION . " The Secretary of the Treasury appointed a national war savings committee , consisting of a chairman and four members . Upon their recommendation he ...
Page 12
... organization in the Treasury De- partment . From the members of the war - savings organization throughout the United States I know I can count upon a continuance of the same enthusiastic , efficient , and unselfish service which they ...
... organization in the Treasury De- partment . From the members of the war - savings organization throughout the United States I know I can count upon a continuance of the same enthusiastic , efficient , and unselfish service which they ...
Common terms and phrases
Argentina August August 20 authorized believe billion bond bill bondholders bonds and certificates borrow capital and surplus cent certificates of indebtedness CHAIRMAN CLAUDE KITCHIN Comptroller Currency earmark estimated exceed exchange exemption from surtaxes expenditures Federal reserve banks Federal reserve district FORDNEY fourth liberty loan fourth loan FRANKLIN GARNER gold Government bonds holders income and profits income taxes increase India issued in anticipation LEFFINGWELL liberty bonds liberty loan converted limit loan organization LONGWORTH maturity value means MOORE national war savings necessary notes secured Ohio payable payment pesetas profits taxes Quota RAINEY rate of interest Results of third rules and regulations savings committee savings organization Secretary McAdoo secured by liberty situation sold Spain STERLING subscribed surtax rates taxation taxpayer third Liberty loan tion Total TREADWAY Treasury certificates Treasury Department United States dollar Vanderlip war-savings certificates war-savings stamps wise
Popular passages
Page 38 - States, shall (except to the extent permitted by rules and regulations prescribed by the Comptroller of the Currency, with the approval of the Secretary of the Treasury) be subject under this section to a limitation of 15 per centum of such capital and surplus in addition to such 10 per centum of such capital and surplus.
Page 37 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Page 18 - Any and all notes, debentures, bonds or other such obligations issued by the corporation shall be exempt both as to principal and Interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any territory, dependency or possession thereof, or by any state, county, municipality or local taxing authority.
Page 19 - ... and war-profits taxes, now or hereafter imposed by the United States, upon the income or profits of individuals, partnerships, corporations, or associations. The interest on an amount of such bonds the principal of which does not exceed in the aggregate...
Page 18 - Corporation shall be exempt, both as to principal and interest, from all taxation now or hereafter imposed by the United States, any State, or any of the possessions of the United States...
Page 34 - That the President may investigate, regulate, or prohibit, under such rules and regulations as he may prescribe, by means of licenses or otherwise, any transactions in foreign exchange, export or ear-markings of gold or silver coin or bullion or currency...
Page 38 - That the total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in...
Page 19 - General provisions. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to perform any necessary acts under this circular.
Page 6 - The idea that a special exemption should be granted to foreign investors in United States bonds first appeared in section 3 of the Fourth Liberty Bond Act of July 9, 1918, 40 Stat. 845. This provided : "SEC. 3. That notwithstanding the provisions of the Second Liberty Bond Act, as amended by the Third Liberty Bond Act, or of the War Finance Corporation Act, bonds and certificates of indebtedness of the United States payable in any foreign money or foreign moneys, and bonds of the War Finance Corporation...
Page 3 - JOSEPH W. FORDNEY, Michigan. J. HAMPTON MOORE, Pennsylvania. WILLIAM R. GREEN, Iowa. CHARLES H. SLOAN, Nebraska. NICHOLAS LONGWORTH, Ohio. GEORGE W. FAIRCHILD, New York. JOHN A. STERLING, Illinois. WHITMELL P. MARTIN, Louisiana. WILLIS C. HAWLEY, Oregon. ALLEN T. TREADWAY, Massachusetts.