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 47
... keep in touch with the agricultural and commercial conditions of the various sections tributary to the particular regional banks , and to see to it that loans are not made when the conditions do not justify that loan , rather than to ...
... keep in touch with the agricultural and commercial conditions of the various sections tributary to the particular regional banks , and to see to it that loans are not made when the conditions do not justify that loan , rather than to ...
Página 83
... keep a 40 per cent gold reserve , and which can keep on issuing money , as far as the law goes , as long as it can maintain that 40 per cent of gold reserve . Now , what would be the possible ex- pansion of our circulating medium under ...
... keep a 40 per cent gold reserve , and which can keep on issuing money , as far as the law goes , as long as it can maintain that 40 per cent of gold reserve . Now , what would be the possible ex- pansion of our circulating medium under ...
Página 89
... keep their reserve in cash on hand ? Mr. WEXLER . Yes , sir . Senator REED . How much reserve do they keep ? Mr. WEXLER . Twenty - five per cent of their demand liabilities . Senator REED . And they count nothing as a reserve BANKING ...
... keep their reserve in cash on hand ? Mr. WEXLER . Yes , sir . Senator REED . How much reserve do they keep ? Mr. WEXLER . Twenty - five per cent of their demand liabilities . Senator REED . And they count nothing as a reserve BANKING ...
Página 90
... keep outside of their vaults - the 5 per cent for redeeming notes , deposited in the United States Treasury ... keeps how much cash 90 BANKING AND CURRENCY .
... keep outside of their vaults - the 5 per cent for redeeming notes , deposited in the United States Treasury ... keeps how much cash 90 BANKING AND CURRENCY .
Página 91
... keep in any one or in all of the three central reserve cities . Senator REED . So that they can keep in Chicago and New York and St. Louis 12 per cent of their deposits and count it as a reserve ? Mr. WEXLER . Yes . Senator REED . Then ...
... keep in any one or in all of the three central reserve cities . Senator REED . So that they can keep in Chicago and New York and St. Louis 12 per cent of their deposits and count it as a reserve ? Mr. WEXLER . Yes . Senator REED . Then ...
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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.