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" Federal reserve district, the President shall have due regard to a fair representation of the different commercial, industrial and geographical divisions of the country. "
Agricultural inquiry - Halaman 709
1922
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The Formative Period of the Federal Reserve System: (during the World Crisis)

William Proctor Gould Harding - 1925 - 350 halaman
...new member should be a farmer. The law as it had stood since its original enactment provided that ' in selecting the five appointive members of the Federal...industrial, and geographical divisions of the country.' The proposed amendment provided that 'in selecting the six appointive members of the Federal Reserve...
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The Present Position of Banking in America

Theodor Emanuel Gregory - 1925 - 48 halaman
...significant fashion. The original Act required the President in making appointments to the Board, to have ' due regard to a fair representation of the...industrial and geographical divisions of the country'. As the Act now reads, it requires the President to have ' due regard to the financial, agricultural,...
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Money and Banking

John Thom Holdsworth - 1923 - 584 halaman
...addition to the $5,000 salary paid 1 Originally seven. 2 In the original Act this clause provided for "representation of the different commercial, industrial and geographical divisions of the country." In response to a demand voiced by the "farm bloc" for a representative of agriculture on the Board,...
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Problems in Banking, Money and Credit

John Martin Chapman, Ray Bert Westerfield - 1927 - 798 halaman
...members ex-officio, and five members appointed by the President of the United States, by and with the advice and consent of the Senate. In selecting the...industrial, and geographical divisions of the country. The five members of the Federal Reserve Board appointed by the President and confirmed as aforesaid...
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The Farmer's Campaign for Credit

Clara Eliot - 1927 - 336 halaman
...interests, and geographical divisions of the country." This was in place of the original requirement that "the President shall have due regard to a fair representation...industrial, and geographical divisions of the country." The obvious danger of this amendment lay in the fact that it implied that the Board was not an impartial...
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The Farmer's Campaign for Credit

Clara Eliot - 1927 - 336 halaman
...further statement that ' ' In selecting the six appointive members of the Federal Reserve Board . . . the President shall have due regard to a fair representation of the financial, agricultural, industrial and commercial interests, and geographical divisions of the country."...
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Principles of Money and Banking

Russell Donald Kilborne - 1927 - 594 halaman
...members of the six can be selected from the same Federal Reserve district. The law also states that "the President shall have due regard to a fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country."...
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Digest of Rulings of the Federal Reserve Board (1914-1927, Inclusive): With ...

United States. Federal Reserve Board - 1928 - 808 halaman
...appointive members of the Federal Reserve Board from five to six and providing that in their selection the President " shall have due regard to a fair representation of the financial, agricultural, industrial, and commercial districts and geographical divisions of the country,"...
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Government and Business: A Study in the Economic Aspects of Government and ...

Earl Willis Crecraft - 1928 - 528 halaman
...interests was added. The act as amended required that " in selecting the six appointive members . . . the President shall have due regard to a fair representation of the financial, agricultural, industrial, and commercial interests, and geographic divisions of the country."...
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Documentary Source Book of American History, 1606-1926

William MacDonald - 1926 - 742 halaman
...members ex officio, and five members appointed by the President of the United States, by and with the advice and consent of the Senate. In selecting the...industrial and geographical divisions of the country. The five FEDERAL RESERVE ACT [December 23 members of the Federal Reserve Board appointed by the President...
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