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 11
... regulations imposed even in order to gain the tremendous advantages of mobilized reserves and central institutions for rediscount . the measure were on the whole one that would be beneficial to existing national banks , there would be ...
... regulations imposed even in order to gain the tremendous advantages of mobilized reserves and central institutions for rediscount . the measure were on the whole one that would be beneficial to existing national banks , there would be ...
Página 23
... regulation and control of credits , and of the business of banking in the United States , in the hands of a few politicians implies any unwillingness on the part of the bankers to accord the Government a large voice in the affairs of ...
... regulation and control of credits , and of the business of banking in the United States , in the hands of a few politicians implies any unwillingness on the part of the bankers to accord the Government a large voice in the affairs of ...
Página 36
... regulations for the establishment of branches . Such power should be limited or subject to some control because of the manifest possibilities of abuse . II . To create new districts or readjust old ones upon the application of ten or ...
... regulations for the establishment of branches . Such power should be limited or subject to some control because of the manifest possibilities of abuse . II . To create new districts or readjust old ones upon the application of ten or ...
Página 37
... regulations of the Federal board , his com- pensation is fixed by them , and his reports are made to them . His removal is at their discretion , without notice . It would be difficult to organize the Fed- eral reserve banks in respect ...
... regulations of the Federal board , his com- pensation is fixed by them , and his reports are made to them . His removal is at their discretion , without notice . It would be difficult to organize the Fed- eral reserve banks in respect ...
Página 39
... regulations for the purchase and sale of bills of exchange , cable transfers , etc. , by Federal reserve banks . This is an entirely unnecessary power , and one which should be left at the discretion of the Federal reserve banks ...
... regulations for the purchase and sale of bills of exchange , cable transfers , etc. , by Federal reserve banks . This is an entirely unnecessary power , and one which should be left at the discretion of the Federal reserve banks ...
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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...