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 11by United States. Farm Credit Administration - 1934Full view - About this book
| Eugene Ewald Agger - Banks and banking - 1918 - 406 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,... | |
| John Thom Holdsworth - Banks and banking - 1920 - 540 pages
...of the Secretary, be used or to reduce the to supplement the gold reserve held against bonded debt. outstanding United States notes, or shall be applied...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... | |
| Edwin Walter Kemmerer - Federal Reserve banks - 1920 - 234 pages
...of the Secretary, be used to supplement j»«sj the gold reserve held against outstanding ernment. United States notes, or shall be applied to the reduction...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,... | |
| United States - Law - 1922 - 756 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...indebtedness of the United States under regulations to he prescribed by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into... | |
| American Academy of Political and Social Science - Federal Reserve banks - 1922 - 828 pages
...United States by the Federal Reserve Banks, the law provided, "shall in the discretion of the Secretary, be used to supplement the gold reserve held against...outstanding bonded indebtedness of the United States. . . ." The significance of these provisions concerning earnings, briefly stated, is apparently as follows:... | |
| First National City Bank of New York - Federal Reserve banks - 1923 - 188 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,... | |
| United States - Banking law - 1923 - 132 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,... | |
| United States. Bureau of the Budget - Budget - 1923 - 1086 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, alter the payment of all debts,... | |
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