Banking and Currency: Hearings Before the Committee on Banking and Currency, United States Senate, Sixty-third Congress, First Session, on H.R. 7837 (S. 2639) ... In Three Volumes, Parte1U.S. Government Printing Office, 1913 |
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Página 3
... course , I suppose we must now go on because these gentlemen are present from a distance . Senator BRISTOW . I suppose so . Senator HITCHCOCK . But I think , so far as any future hearings are concerned , it ought to be submitted to a ...
... course , I suppose we must now go on because these gentlemen are present from a distance . Senator BRISTOW . I suppose so . Senator HITCHCOCK . But I think , so far as any future hearings are concerned , it ought to be submitted to a ...
Página 4
... course , meetings of the com- mittee ought not to be called without the members of the committee being consulted , if it was a matter of importance relating to the bill . But I do think that the chairman of a committee has a right to ...
... course , meetings of the com- mittee ought not to be called without the members of the committee being consulted , if it was a matter of importance relating to the bill . But I do think that the chairman of a committee has a right to ...
Página 32
... course the bankers would have a minority representation on that board ; and if we only had one reserve bank ( which we argue for ) that would work itself out auto- matically . The question would never be before the board of the ...
... course the bankers would have a minority representation on that board ; and if we only had one reserve bank ( which we argue for ) that would work itself out auto- matically . The question would never be before the board of the ...
Página 51
... course you have examined this bill and you have spoken about the chairman of the board of directors ' duty under this bill . Of course the chairman is one of the men ap- pointed by the Federal reserve board . Mr. WEXLER . Yes , sir ...
... course you have examined this bill and you have spoken about the chairman of the board of directors ' duty under this bill . Of course the chairman is one of the men ap- pointed by the Federal reserve board . Mr. WEXLER . Yes , sir ...
Página 52
... course would be friendly to the banks and desirous to serve the banks as the directors in class B should be ready to serve the banks , or the same as in class A ? What you will do , as a matter of fact , will be to get three men that ...
... course would be friendly to the banks and desirous to serve the banks as the directors in class B should be ready to serve the banks , or the same as in class A ? What you will do , as a matter of fact , will be to get three men that ...
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Términos y frases comunes
50 per cent amount assets bank notes Bank of England bankers banking system believe BERRY bill borrow capital cash central bank central reserve cities CHAIRMAN circulation coin commercial paper committee Comptroller country banks currency demand depositors deposits discount dollars exchange fact Federal reserve bank Federal reserve board FLANNAGAN FORGAN FRAME funds give gold certificates gold reserve Government increase institution investment lawful money legal tender legal-tender liabilities loans MADDOX MARSHALL mean member bank ment millions national banks national-bank notes note issue panic present president Prof question reason redeemable redemption rediscount regional bank regional reserve bank reserve city banks reserve money REYNOLDS Senator BRISTOW Senator CRAWFORD Senator HITCHCOCK Senator NELSON Senator POMERENE Senator REED Senator SHAFROTH Senator WEEKS silver SPRAGUE Suppose thing tion trust companies United vaults WADE WEXLER York
Pasajes populares
Página 16 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Página 773 - Act contained shall be construed to prohibit such notes, drafts and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds or other investment securities, except bonds and notes of the Government of the United States.
Página 317 - An Act to define and fix the standard of value, to maintain the parity of all forms of money issued or coined by the United States, to refund the public debt, and for other purposes...
Página 11 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Página 836 - States and having an unimpaired capital sufficient to entitle it to become a national banking association under the provisions...
Página 6 - Any compensation that may be provided by boards of directors of Federal reserve banks for directors, officers or employees shall be subject to the approval of the Federal Reserve Board.
Página 12 - Any Federal reserve bank may make application to the local Federal reserve agent for such amount of the Federal reserve notes hereinbefore provided for as it may require. Such application shall be accompanied with a tender to the local Federal reserve agent of collateral in amount equal to the sum of the Federal reserve notes thus applied for and issued pursuant to such application.
Página 4 - As soon as practicable, the Secretary of the Treasury, the Secretary of Agriculture and the Comptroller of the Currency, acting as "The Reserve Bank Organization Committee," shall designate not less than eight nor more than twelve cities to be known as Federal reserve cities, and shall divide the continental United States, excluding Alaska, into districts, each district to contain only one of such Federal reserve cities.
Página 11 - Board, purchase and sell in the open market, at home or abroad, either from or to domestic or foreign banks, firms, corporations, or individuals, cable transfers and bankers' acceptances and bills of exchange of the kinds and maturities by this Act made eligible for rediscount, with or without the indorsement of a member bank.