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" To permit, or, on the affirmative vote of at least five members of the Reserve Board to require Federal reserve banks to rediscount the discounted paper of other Federal reserve banks at rates of interest to be fixed by the Federal Reserve Board. "
Agricultural inquiry - Halaman 275
1922
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The Discount Policy of the Federal Reserve System

Benjamin Haggott Beckhart - 1924 - 624 halaman
...another whenever this may be necessary by reason of seasonal or unusual needs. The Board is authorized to : permit, or, on the affirmative vote of at least...rates of interest to be fixed by the Federal Reserve Board.28 As Governor Harding stated before the Joint Commission of Agricultural Inquiry there is nothing...
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Money and Banking

John Thom Holdsworth - 1923 - 584 halaman
...REDISCOUNTS vote of at least five members of the BETWEEN RESERVE Eeserve Board to require Federal BANKS. reserve banks to rediscount the discounted paper of...banks at rates of interest to be fixed by the Federal Eeserve Board. 73 SUSPEND RESERVE (c) To suspend for a period not REQUIREMENTS FOR exceeding thirty...
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Federal Reserve Banking Practice: By H. Parker Willis ... and William H ...

Henry Parker Willis, William Howard Steiner - 1926 - 1202 halaman
...nature and maturities of the paper and other investments owned or held by Federal reserve banks. (6) To permit, or, on the affirmative vote of at least...interest to be fixed by the Federal Reserve Board. (c) To suspend for a period not exceeding 30 days, and from time to time to renew such suspension for...
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Economics: Principles and Problems

Lionel Danforth Edie - 1926 - 832 halaman
...banks may rediscount paper for each other. The Federal Reserve Board has power to permit or compel Federal Reserve banks to rediscount the discounted...Reserve banks at rates of interest to be fixed by the Board. This interdistrict rediscounting is intended to secure the mobilization of reserves, by enabling...
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United States Code Annotated, Volume 12

United States - 1927 - 612 halaman
...(Dec. 23, 1913, c. 6, § 11, 38 Stat. 261.) (b) Permitting or rediscounting of paper at specified rate. To permit, or, on the affirmative vote of at least...interest to be fixed by the Federal Reserve Board. (Dec. 23, 1913, c. 6, § 11, 38 Stat. 262.) (c) Suspending reserve requirements; establishing graduated...
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Problems in Banking, Money and Credit

John Martin Chapman, Ray Bert Westerfield - 1927 - 798 halaman
...Banks During 1918 to 1921, Inclusive Section 11, paragraph (b) of the Federal Reserve Act provides: (b) To permit, or, on the affirmative vote of at least...interest to be fixed by the Federal Reserve Board. During the years 1918 to 1921, inclusive, conditions made it necessary for several federal reserve...
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Digest of Rulings of the Federal Reserve Board (1914-1927, Inclusive): With ...

United States. Federal Reserve Board - 1928 - 808 halaman
...discount or rediscount a maturity not in excess of nine months. The Federal Reserve Board is authorized to permit or, on the affirmative vote of at least five members, to require a Federal reserve bank to rediscount for any other Federal reserve bank notes so secured....
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Documentary Source Book of American History, 1606-1926

William MacDonald - 1926 - 742 halaman
...of each Federal reserve bank and a consolidated statement for all Federal reserve banks. . . . (b) To permit, or, on the affirmative vote of at least...interest to be fixed by the Federal Reserve Board. (c) To suspend for a period not exceeding thirty days, and from time to time to renew such suspension...
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Official Congressional Directory

United States. Congress - 1929 - 674 halaman
...bank and of each member bank, and to require such statements and reports as it may deem necessary; to permit, or, on the affirmative vote of at least...banks at rates of interest to be fixed by the Federal Re.-erve Board; to suspend for a period not exceeding 30 days, and from time to time to renew such...
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The World War Adjusted Compensation Act with Amendments Prior to March 15 ...

United States. Veterans' Bureau - 1929 - 28 halaman
...or rediscount of 90-day notes drawn for commercial purposes. The Federal Reserve Board is authorized to permit, or on the affirmative vote of at least five members of the Federal Reserve Board to require, a Federal reserve bank to rediscount, for any other Federal reserve...
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