Pending Banking Legislation: Letters by Officers of the National City Bank of New York to the Banking and Currency Committees of the Congress of the United StatesNational City Bank of New York, 1913 - 77 páginas |
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Página 1
... Congress of the United States . Also Copy of the bill as introduced June 26 , 1913 THE NATIONAL OF NEW CITY BANK YORK PUBLISHED BY THE NATIONAL CITY BANK OF NEW YORK Gin Publisher AUG 18 1913 Currency of the United States. 1913 PENDING ...
... Congress of the United States . Also Copy of the bill as introduced June 26 , 1913 THE NATIONAL OF NEW CITY BANK YORK PUBLISHED BY THE NATIONAL CITY BANK OF NEW YORK Gin Publisher AUG 18 1913 Currency of the United States. 1913 PENDING ...
Página 7
... bill for reorganizing the banking and currency system of the United States . The most needed thing to be accomplished , the principle of overshadowing im- portance to be recognized , is a provision for the effective mobilization of ...
... bill for reorganizing the banking and currency system of the United States . The most needed thing to be accomplished , the principle of overshadowing im- portance to be recognized , is a provision for the effective mobilization of ...
Página 8
... bill have recognized that danger , and for that reason , and perhaps for some other disingenuous reasons , have created a board of control which is given sweeping power over the man- agement of the several federal reserve banks . is ...
... bill have recognized that danger , and for that reason , and perhaps for some other disingenuous reasons , have created a board of control which is given sweeping power over the man- agement of the several federal reserve banks . is ...
Página 12
... bill from which I would most sharply dissent is in the creation of Federal Treasury notes instead of bank notes . It seems to me that there is a misconception of the func- tion of bank - note currency behind this idea of a new issue of ...
... bill from which I would most sharply dissent is in the creation of Federal Treasury notes instead of bank notes . It seems to me that there is a misconception of the func- tion of bank - note currency behind this idea of a new issue of ...
Página 15
... bill , with suggestions made from practical banking and busi- ness points of view . I deem it unnecessary to add that these comments and suggestions would not be worthy of your consideration , nor would they be offered , were they based ...
... bill , with suggestions made from practical banking and busi- ness points of view . I deem it unnecessary to add that these comments and suggestions would not be worthy of your consideration , nor would they be offered , were they based ...
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Pending Banking Legislation: Letters by Officers of the National City Bank ... National City Bank of New York Sin vista previa disponible - 2016 |
Términos y frases comunes
amount application appointed assets balances BANK EXAMINATIONS bank is located bank note issue bank or banking bank reserves bank-note bankers banking and currency banks in reserve bills of exchange board of directors capital stock central bank central reserve cities centum bonds chairman charter circulating notes CITY BANK Comptroller country banks country national banks demand liabilities deposits Directors of class discount discretion eral reserve bank establish branches Federal reserve agent Federal reserve bank Federal Reserve Board Federal reserve Treasury five per centum fund gold Government hereinbefore provided investment legislation loans maturities member banks National Bank Act national banking association officer or director organization outstanding paper political proposed receive redemption rediscount regional banks regional reserve banks regulations reserve and central reserve requirements reserve Treasury notes respect Secretary securities serve banks stockholders subscribing bank sum equal three per centum tion twenty per centum unimpaired capital United
Pasajes populares
Página 69 - Any member bank may accept drafts or bills of exchange drawn upon it having not more than three months...
Página 66 - States and having an unimpaired capital sufficient to entitle it to become a national banking association under the provisions...
Página 72 - Any Federal reserve bank may at any time reduce its liability for outstanding Federal reserve notes by depositing with the Federal reserve agent its Federal reserve notes, gold, gold certificates, or lawful money of the United States.
Página 59 - An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.
Página 73 - So much of the provisions of section fifty-one hundred and fifty-nine of the Revised Statutes of the United States, and section four of the Act of June twentieth, eighteen hundred and seventyfour, and section eight of the Act of July twelfth, eighteen hundred and eighty-two, and of any other provisions of existing statutes as require that before any national banking...
Página 63 - The Reserve Bank Organization Committee may, in organizing Federal reserve banks, call such meetings of bank directors in the several districts as may be necessary to carry out the purposes of this Act, and may exercise the functions herein conferred upon the chairman of the board of directors of each Federal reserve bank pending the complete organization of such bank.
Página 70 - Board, to open and maintain [banking] accounts in foreign countries, appoint correspondents, and establish agencies in such countries wheresoever it may be deemed best for the purpose of purchasing, selling, and collecting bills of exchange, and to buy and sell, with or without its indorsement, through such correspondents or agencies, bills of exchange...