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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... "
Circular - Page 11
by United States. Farm Credit Administration - 1934
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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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Index-digest of the Federal Reserve Act and Amendments ...

Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1915 - 508 pages
...7:1. 52: p. 8. The net earnings derived by the United States from Federal reserve banks shall, in the discretion of the Secretary of the Treasury, be used to supplement the gold reserve, outstanding United States notes or shall, etc. ยง 11:1. 5:p. 13. Graduated tax prescribed when the...
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Index-digest of the Federal Reserve Act and Amendments: The Act of December ...

Board of Governors of the Federal Reserve System (U.S.) - Banks and banking - 1915 - 514 pages
...7:1. 53: p. 8. The net earnings derived by the United States from Federal reserve banks shall, in the discretion of the Secretary of the Treasury, be used to supplement the gold reserve, etc., or shall be, to the reduction of the outstanding bonded indebtedness of the United States, etc....
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McKinney's Consolidated Laws of New York Annotated: With Annotations ..., Book 4

New York (State) - Law - 1916 - 526 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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Principles of Money and Banking: A Series of Selected Materials

Harold Glenn Moulton - Banks and banking - 1916 - 830 pages
...December 23, 1913: Net earnings derived by the United States from federal reserve banks shall, in the discretion of the Secretary of the Treasury, be used...reserve held against outstanding United States notes. 106. THE GREENBACK MOVEMENT1 BY MURRAY S. WILDMAN The long experience of the people with paper money...
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Principles of Banking: A Series of Selected Materials

Banks and banking - 1916 - 832 pages
...December 23, 1913: Net earnings derived by the United States from federal reserve banks shall, in the discretion of the Secretary of the Treasury, be used...reserve held against outstanding United States notes. 106. THE GREENBACK MOVEMENTBY MURRAY S. WILDMAN The long experience of the people with paper money...
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Money and Banking

John Thom Holdsworth - Banks and banking - 1917 - 542 pages
...derived by the United States from Federal re.serve 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 - 1917 - 538 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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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - Agricultural credit - 1917 - 452 pages
...be used to supplement 52 the gold reserve held against outstanding United States notes, or shall 58 be applied to the reduction of the outstanding bonded...United States under regulations to be prescribed by the Secre- 1 tary of the Treasury. Should a Federal reserve bank be dissolved 2 or go into liquidation,...
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