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, Teil 1U.S. Government Printing Office, 1913 |
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Seite 174
... I was engaged in the Senate Chamber . I know that the bank in the small communities - the national bank- necessarily carries a great deal of paper that is renewed- Mr. WADE . We admit that . Senator BRISTOw ( 174 BANKING AND CURRENCY .
... I was engaged in the Senate Chamber . I know that the bank in the small communities - the national bank- necessarily carries a great deal of paper that is renewed- Mr. WADE . We admit that . Senator BRISTOw ( 174 BANKING AND CURRENCY .
Seite 175
... Senator BRISTOw ( continuing ) . From time to time . It is not merely a temporary loan , but it is in fact part of ... Senator BRISTOW . It strikes me that that is the theory ; that that class of banking - meaning the country banks is ...
... Senator BRISTOw ( continuing ) . From time to time . It is not merely a temporary loan , but it is in fact part of ... Senator BRISTOW . It strikes me that that is the theory ; that that class of banking - meaning the country banks is ...
Seite 176
... Senator HITCHCOCK . Is it your opinion that country bank accounts will fall off under this bill ? Mr. WADE . No ; only those classes of country banks that ... Senator BRISTOW . Of course you understand that I am 176 BANKING AND CURRENCY .
... Senator HITCHCOCK . Is it your opinion that country bank accounts will fall off under this bill ? Mr. WADE . No ; only those classes of country banks that ... Senator BRISTOW . Of course you understand that I am 176 BANKING AND CURRENCY .
Seite 177
... Senate. Committee on Banking and Currency. Senator BRISTOW . Of course you understand that I am not financial expert , and do not pretend to be . Mr. WADE . Neither do I. Senator BRISTOW . What harm is there in having plenty of money and ...
... Senate. Committee on Banking and Currency. Senator BRISTOW . Of course you understand that I am not financial expert , and do not pretend to be . Mr. WADE . Neither do I. Senator BRISTOW . What harm is there in having plenty of money and ...
Seite 181
... Senator BRISTOW . When I made this request , I was inquiring as to how you would ascertain when more money was needed , when the need of commerce , as you expressed it , would demand a larger circu- lation , and you said it would depend ...
... Senator BRISTOW . When I made this request , I was inquiring as to how you would ascertain when more money was needed , when the need of commerce , as you expressed it , would demand a larger circu- lation , and you said it would depend ...
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Häufige Begriffe und Wortgruppen
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
Beliebte Passagen
Seite 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...
Seite 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.
Seite 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...
Seite 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.
Seite 836 - States and having an unimpaired capital sufficient to entitle it to become a national banking association under the provisions...
Seite 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.
Seite 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.
Seite 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.
Seite 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.