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" To establish from time to time, subject to review and determination of the Federal Reserve Board, rates of discount to be charged by the Federal Reserve bank for each class of paper, which shall be fixed with a view of accommodating commerce and business... "
Incorporating Institutions to Engage in International Or Foreign Banking ... - Halaman 26
oleh United States. Congress. Senate. Committee on Banking and Currency - 1919 - 28 halaman
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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - 1917 - 416 halaman
...State, county, district, political subdivision, or municipality * * *." "To purchase from member banks and to sell, with or without its indorsement, bills...commercial transactions, as hereinbefore defined." Further in the same section permission is given to each federal reserve bank: "* * * to buy and sell...
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Money and Banking

John Thom Holdsworth - 1917 - 511 halaman
...indorsement of a member bank. Every Federal reserve bank shall have power to purchase from member banks and to sell, with or without its indorsement, bills...commercial transactions, as hereinbefore defined." These provisions make possible extensive transactions between the reserve banks and the public at large...
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Money and Banking

John Thom Holdsworth - 1917 - 439 halaman
...indorsement of a member bank. Every Federal reserve bank shall have power to purchase from member banks and to sell, with or without its indorsement, bills...arising out of commercial transactions, as hereinbefore denned." These provisions make possible extensive transactions between the reserve banks and the public...
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Money and Banking

John Thom Holdsworth - 1917 - 511 halaman
...indorsement of a member bank. Every Federal reserve bank shall have power to purchase from member banks and to sell, with or without its indorsement, bills...arising out of commercial transactions, as hereinbefore denned." These provisions make possible extensive transactions between the reserve banks and the public...
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Money and Investments: A Reference Book for Use of Those Desiring ...

Montgomery Rollins - 1917 - 494 halaman
...authorized to hold; Every Federal reserve bank shall have power: (c) To purchase from member banks and to sell, with or without its indorsement, bills...of exchange arising out of commercial transactions, aa hereinbefore defined; (b) To buy and sell, at home or abroad, bonds and notes of the US, and bills,...
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Organized Banking

Eugene Ewald Agger - 1918 - 385 halaman
...with rules and regulations prescribed by the Federal Reserve Board ; (c) To purchase from member banks and to sell, with or without its indorsement, bills...determination of the Federal Reserve Board, rates of discount to be charged by the Federal reserve bank for each class of paper, which shall be fixed with a view...
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Federal Reserve Foreign Bank, Stabilizing the Dollar Exchange in Neutral ...

United States. Congress. Senate. Committee on Banking and Currency - 1918
...covers foreign credits. Senator GRONNA. I mean also foreign credits. Mr. BRETON. It says: "May purchase to sell, with or without its indorsement, bills of...arising out of commercial transactions as hereinbefore denned." The CHAIRMAN. It gives the same powers exactly that we gave in the Federal reserve act to...
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Theory and Practice of International Commerce

Archibald John Wolfe - 1919 - 548 halaman
...indorsement of a member bank. "Every Federal reserve bank shall have power ... to purchase from member banks and to sell, with or without its indorsement, bills...of commercial transactions, as hereinbefore defined " (Federal Reserve Act, Section 14.) 4. BANK ACCEPTANCES AND THE DISCOUNT MARKET. Prior to the enactment...
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Theory and Practice of International Commerce

Archibald John Wolfe - 1919 - 548 halaman
...indorsement of a member bank. "Every Federal reserve bank shall have power ... to purchase from member banks and to sell, with or without its indorsement, bills...arising out of commercial transactions, as hereinbefore denned " (Federal Reserve Act, Section 14.) 4. BANK ACCEPTANCES AND THE DISCOUNT MARKET. Prior to the...
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Commercial Paper: A Text Book for Merchants, Bankers and Investors

Roger Ward Babson, Ralph May - 1920 - 317 halaman
...with rules and regulations prescribed by the Federal Reserve Board; (c) To purchase from member banks and to sell, with or without its indorsement, bills...determination of the Federal Reserve Board, rates of discount to be charged by the Federal reserve bank for each class of paper, which shall be fixed with a view...
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