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" The net earnings derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against outstanding United States notes, or shall be applied to the reduction of the outstanding... "
To Amend the Federal Farm Loan Act: Hearing Before the Committee on Banking ... - Page 11
by United States. Congress. Senate. Committee on Banking and Currency - 1937 - 43 pages
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - Finance, Public - 1922 - 1102 pages
...held against outstanding United States notes, or shall be applied to the reduction of the outstanding indebtedness of the United States under regulations to be prescribed by the Secretary of the Treasury. * * * During the fiscal year 1921 the net earnings derived by the United...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - Banks and banking - 1911 - 576 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 10

United States - Law - 1914 - 962 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - Banks and banking - 1914 - 448 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - Banks and banking - 1914 - 138 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - Banking law - 1914 - 232 pages
...derived by the United States from Federal *f 54 reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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Money and Banking

John Thom Holdsworth - Banks and banking - 1914 - 464 pages
...Secretary, be used to supplement the gold reserve held against outstanding United States notes, or shall bo applied to the reduction of the outstanding bonded...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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Annual Report - Board of Governors of the Federal Reserve System, Volumes 1-2

Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1915 - 670 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining after the payment of all debts,...
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A History of Currency in the United States

Alonzo Barton Hepburn - Coinage - 1915 - 580 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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A History of Currency in the United States

Alonzo Barton Hepburn - Coinage - 1915 - 582 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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