 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
 | United States. Federal Reserve Board - Banking law - 1928 - 808 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,... | |
 | Charles Grenfill Washburn - Legislators - 1928 - 406 pages
...provided — 'That the net earnings derived by the United States from Federal Reserve banks may, in the discretion of the Secretary of the Treasury, be used...reserve held against outstanding United States notes.' Had it done more, there would have been raised a controversial question which would probably have defeated... | |
 | William MacDonald - United States - 1926 - 742 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...United States under regulations to be prescribed by the Secretary of the Treasury. . . . ******** SEC. 9. Any bank incorporated by special law of any State,... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1932 - 576 pages
...United States from Federal reserve banks shall, in the discretion of the Secretary of the Treasury, (1) be used to supplement the gold reserve held against outstanding United States notes, or (2) be applied to the reduction of the outstanding bonded indebtedness of the United States under regulations... | |
 | United States. Congress. House. Committee on Appropriations - United States - 1934 - 1010 pages
...provided that the net earnings derived by the United States from Federal Reserve banks shall, in the discretion of the Secretary of the Treasury, be used...indebtedness of the United .States under regulations to be presented by the Secretary of the Treasury. Should a Federal Reserve bank be dissolved or go into liquidation,... | |
 | United States. Congress. House. Committee on Appropriations - United States - 1934 - 1002 pages
...reserve" — that is, the gold reserve held against United States notes. Mr. GRIFFIN. And also that it may be applied to the reduction of the outstanding bonded indebtedness of the United States? Mr. JACOBS. That is correct. Mr. Goss. Could that be interpreted so that you could purchase gold abroad?... | |
 | United States - 1937 - 1596 pages
...The net earnings derived by the United States from Federal intermediate credit banks shall, in the discretion of the Secretary of the Treasury, be used...the United States under regulations to be prescribed Dy the Secretary of the Treasury. Should a Federal intermediate credit bank be dissolved or go into... | |
 | United States - Agricultural credit - 1966 - 376 pages
...by Federal intermediate credit banks shall, in the discretion of the Secretary of the Treasury, T»e used to supplement the gold reserve held against outstanding...notes, or shall be applied to the reduction of the putstanding bonded indebtedness of the United States under regulations to be prescribed by the Secretary... | |
 | United States. Congress. Senate. Committee on Banking and Currency - Credit - 1947 - 44 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,... | |
| |
