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 56
... thing you ought to get into your mind , and that is the further you can separate the Govern- ment from the banking system of the country the better it is . When the Prussian Army was encamped in the streets of Paris , in the Gar- dens ...
... thing you ought to get into your mind , and that is the further you can separate the Govern- ment from the banking system of the country the better it is . When the Prussian Army was encamped in the streets of Paris , in the Gar- dens ...
Página 58
... thing ? Mr. WEXLER . Because it can not get itself in shape to do it . Senator REED . Why not ? Mr. WEXLER . Because I can not conceive of any machinery operated by the Government that could or should be used for this purpose . What is ...
... thing ? Mr. WEXLER . Because it can not get itself in shape to do it . Senator REED . Why not ? Mr. WEXLER . Because I can not conceive of any machinery operated by the Government that could or should be used for this purpose . What is ...
Página 59
... thing that you contend for here is that the Government ought not to undertake to manage or control these 12 branches ... thing is as weak as its weakest link . If anything happens the whole thing breaks down . If you mix them in together ...
... thing that you contend for here is that the Government ought not to undertake to manage or control these 12 branches ... thing is as weak as its weakest link . If anything happens the whole thing breaks down . If you mix them in together ...
Página 64
... thing or an incompatible position for a person to be in a banking business and dealing in securities , perhaps buying and selling stocks and bonds , and at the same time knowing in advance just what the action of the board would be . Mr ...
... thing or an incompatible position for a person to be in a banking business and dealing in securities , perhaps buying and selling stocks and bonds , and at the same time knowing in advance just what the action of the board would be . Mr ...
Página 66
... thing as that has been done or attempted ? Mr. WEXLER . I do not know of any instance in any country where any man ... things are going to blow up . Senator CRAWFORD . Then , you think that the benefit we will get there is this public ...
... thing as that has been done or attempted ? Mr. WEXLER . I do not know of any instance in any country where any man ... things are going to blow up . Senator CRAWFORD . Then , you think that the benefit we will get there is this public ...
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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.