Payment of Soldiers' Adjusted Compensation Certificates: Hearings Before the Committee on Ways and Means, House of Representatives, Seventy-first Congress, Third Session, on House Bills Numbered 3490, 3493, 4019, 4023, 5664, 6620, 6977, 7389, 8567, 9143, 9336, 10469, 10555, 11286, 11440, 11545, 11589, 12303, 12304, 12309, 13557, 13561, 14052, 14279, 14563, 14565, 14567, 14808, 14809, 14910, 14993, 14994, 15062, 15272, 15589, 15606, 15993, 16472, 16587, 16699, 16832. Indexed. January 29, 30, and 31, and February 2, 3, 4, and 5, 1931 |
From inside the book
Results 1-5 of 93
Page 8
... reserve system- without considering the many State nonmember banks - hold $ 4,000 000,000 of United States securities as a secondary reserve . The likewise will have to write down the value of their Government secu rities , which will ...
... reserve system- without considering the many State nonmember banks - hold $ 4,000 000,000 of United States securities as a secondary reserve . The likewise will have to write down the value of their Government secu rities , which will ...
Page 15
... reserve ? MILLS . There is not anything in reserve , Mr. Garner , in cash . GARNER . Well , paid - up insurance then , we will say . MILLS . That is all invested in Government securities . GARNER . Well , you would be able to take a ...
... reserve ? MILLS . There is not anything in reserve , Mr. Garner , in cash . GARNER . Well , paid - up insurance then , we will say . MILLS . That is all invested in Government securities . GARNER . Well , you would be able to take a ...
Page 16
... reserve a proportiona part by selling securities , but there is not any cash there . Mr. GARNER . I understand that . So , outside of your reser then , you would have about $ 800,000,000 : assuming 60 per cent them would take it , you ...
... reserve a proportiona part by selling securities , but there is not any cash there . Mr. GARNER . I understand that . So , outside of your reser then , you would have about $ 800,000,000 : assuming 60 per cent them would take it , you ...
Page 33
... RESERVE BANK OF NEW YORK r . CASE . Mr. Chairman , and gentlemen of the committee , I pre- e the reason the committee requested me to appear before it in ection with this proposal is that the Federal reserve banks are , he terms of the ...
... RESERVE BANK OF NEW YORK r . CASE . Mr. Chairman , and gentlemen of the committee , I pre- e the reason the committee requested me to appear before it in ection with this proposal is that the Federal reserve banks are , he terms of the ...
Page 34
... Reserve district outside N York City there were over 2,000 Victory loan committees with mo than 30,000 members . These groups of patriotic citizens sold V tory notes to their neighbors by house - to - house solicitation a by other high ...
... Reserve district outside N York City there were over 2,000 Victory loan committees with mo than 30,000 members . These groups of patriotic citizens sold V tory notes to their neighbors by house - to - house solicitation a by other high ...
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Common terms and phrases
25 per cent adjusted compensation adjusted-service certificates American Legion amount BACHARACH bankers believe bill billion dollars bond issue bond market bonus borrow cash payment cent interest CHAIRMAN CHINDBLOM committee Congress Congressman course CROWTHER debt depreciation DOUGHTON DUFFIELD economic effect employment endowment policy ESTEP estimate ex-service face value favor Federal reserve FERRISS figures financing foreign FREAR fund GARNER gentlemen give Government bonds Government securities HINES increase industrial investment January January 29 January 30 KVALE legislation Liberty bonds loan value maturity ment MILLS North Carolina obligation opinion outstanding paid PATMAN present president proposed proposition purchase question RAGON RAINEY RAMSEYER RANKIN rate of interest represent reserve banks REYBURN SCHALLER Secretary sell service certificates soldiers statement STEPHENSON taxes tion to-day TREADWAY Treasury Department United WAGNER World War veterans YOUNG
Popular passages
Page 376 - States provides that the Congress shall have power — To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures: To provide for the punishment of counterfeiting the securities and current coin of the United States.
Page 61 - Administrator shall, if the loan was legally made, accept such certificate and note, and pay to the bank in full satisfaction of its claim the amount of the unpaid principal due it and the unpaid interest at the rate authorized by the World War Adjusted Compensation Act, as amended, up to the date of the check issued to the bank.
Page 293 - At 3 o'clock today and 10:30 o'clock tomorrow. (Thereupon, at 12:30 pm, a recess was taken until 3 pm) AFTER RECESS Upon the expiration of the recess, the hearing was resumed. The CHAIRMAN. The committee will come to order. Mr.
Page 229 - The CHAIRMAN. If there are no further questions, we thank you for the information you have given the co'mmittee.
Page 199 - I see, in the near future, a crisis approaching that unnerves me, and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavour to prolong its reign by working upon the prejudices of the people, until all wealth is aggregated in a few hands, and the Republic is destroyed.
Page 60 - Upon the indorsement of any of its member banks, which shall be deemed a waiver of demand, notice and protest by such bank as to its own indorsement exclusively, any Federal reserve bank may discount notes, drafts, and bills of exchange...
Page 457 - SEC. 3. There is authorized to be appropriated such amounts as may be necessary to carry out the purposes of this Act.
Page 176 - Rankin. STATEMENT OF HON. JOHN E. RANKIN, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF MISSISSIPPI Mr. RANKIN. Mr. Chairman, I would like to discuss briefly HR 9000, HR 8930, both of which have passed the House, and S.
Page 306 - I would like to have included in the record. The CHAIRMAN. Without objection, that will be done. (The...
Page 61 - To permit, or, on the affirmative vote of at least five members of the Reserve Board to require Federal reserve banks to rediscount the discounted paper of other Federal, reserve banks at rates of interest to be fixed by the Federal Reserve Board.