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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Page 11
... discount through- out the United States , and thereby the furnishing of a certain kind of preventive against overexpansion of credit which should be similar in all parts of the country . 2. General economy of reserves in order that such ...
... discount through- out the United States , and thereby the furnishing of a certain kind of preventive against overexpansion of credit which should be similar in all parts of the country . 2. General economy of reserves in order that such ...
Page 47
... discount for member banks . To prescribe regulations for purchase and sale by Federal reserve banks of bankers ' bills , etc. To review and determine the minimum rate of discount established by Federal reserve banks . To authorize ...
... discount for member banks . To prescribe regulations for purchase and sale by Federal reserve banks of bankers ' bills , etc. To review and determine the minimum rate of discount established by Federal reserve banks . To authorize ...
Page 48
... discount sec- tion of the proposed bill is that antecedent to the performance of a service by a Federal reserve bank for a member bank which applies therefor the member bank shall indorse or guarantee the obligations which it offers for ...
... discount sec- tion of the proposed bill is that antecedent to the performance of a service by a Federal reserve bank for a member bank which applies therefor the member bank shall indorse or guarantee the obligations which it offers for ...
Page 49
... discounts . It is most strikingly evidenced in the fact that time bills of exchange form a considerable proportion of the resources of the great banks of London , Paris , and Berlin , whereas the assets of leading New York banks are ...
... discounts . It is most strikingly evidenced in the fact that time bills of exchange form a considerable proportion of the resources of the great banks of London , Paris , and Berlin , whereas the assets of leading New York banks are ...
Page 50
... discount market ; it is the lack of it in single - name paper which makes such a market impossible . As a result , we have great discount markets in London , Paris , and Berlin , and none in New York . In European centers the discount ...
... discount market ; it is the lack of it in single - name paper which makes such a market impossible . As a result , we have great discount markets in London , Paris , and Berlin , and none in New York . In European centers the discount ...
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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