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" The time, character, and volume of all purchases and sales of paper described in section 14 of this Act as eligible for open-market operations shall be governed with a view to accommodating commerce and business and with regard to their bearing upon the... "
The Code of Federal Regulations of the United States of America Having ... - Page 1913
1939
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Operation of the National and Federal Reserve Banking Systems: Hearings ...

United States. Congress. Senate. Committee on Banking and Currency - 1931 - 1108 pages
...operations. (5) The time, character, and volume of purchases and sales shall be governed with the view of accommodating commerce and business and with regard to their bearing upon the credit situation. (6) The conclusions and/or recommendations of the open market policy conference,...
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Operation of the National and Federal Reserve Banking Systems, Hearings ...

United States. Congress. Senate. Committee on Banking and Currency - 1932 - 576 pages
...ascertained. "(c) The time, character, and volume of purchases and sales in the open market shall be governed with a view to accommodating commerce and business...upon the general credit situation of the country. Such purchases and sales shall include all paper described in section 14 of this act as eligible for...
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Official Congressional Directory

United States. Congress - 1932 - 742 pages
...banks. Such open-market operations are conducted under regulations adopted by the Federal Reserve Board with a view to accommodating commerce and business...upon the general credit situation of the country. In connection with its supervision of Federal reserve banks the Federal Reserve Board is also authorized...
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World Economic Review, 1933-1936

United States. Bureau of Foreign and Domestic Commerce - 1934 - 1540 pages
...in section 14 of the Federal Reserve Act as eligible for open-market operations, "shall be governed with a view to accommodating commerce and business,...upon the general credit situation of the country." The Board of Governors is authorized to change the reserve requirements of member banks "in order to...
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Banking Act of 1935: Hearing Before ... , 74-1 on H.R. 5357, ... , February ...

United States. Congress. House. Banking and Currency Committee - 1935 - 920 pages
...paper described in section 14 of this act as eligible for open-market operations shall be governed with a view to accommodating commerce and business...upon the general credit situation of the country. What was the purpose of taking that out ? Governor ECCLES. Because we do not think that should be the...
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Banking Act of 1935: Hearings Before a Subcommittee of the Committee on ...

United States. Congress. Senate. Committee on Banking and Currency - 1935 - 1048 pages
...Federal Reserve Board. The time, character, and volume of all open-market transactions must be " governed with a view to accommodating commerce and business...upon the general credit situation of the country." Any Reservo bank wlii.-h decides not to participate in the open-market operations recommended by the...
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Banking Act of 1935: Hearings Before the Committee on Banking and Currency ...

United States. Congress. House. Committee on Banking and Currency - 1935 - 902 pages
...paper described in section 14 of this act as eligible for open-market oixriitions shall be governed with a view to accommodating commerce and business and with regard to their hearing upon the general credit situation of the country. Governor ECCLES. Because we clo not think...
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Banking Act of 1935

United States. Congress. Senate. Committee on Banking and Currency - 1935 - 1050 pages
...requirement of law that the time, character, and volume of open-market transactions must be governed with a view to accommodating commerce and business and with regard to the general credit situation of the country. At present. — The Federal Open Market Committee consists...
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Federal Reference Manual: A Complete Guide to All Federal Departments ...

Theodore Wesley Graske - 1939 - 664 pages
...market operations of the Federal Reserve banks are conducted under regulations adopted by the Committee with a view to accommodating commerce and business...upon the general credit situation of the country; and no Federal Reserve bank may engage or decline to engage in open-market operations except in accordance...
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Hearings, Reports and Prints of the Senate Committee on the Judiciary, Parts 1-2

United States. Congress. Senate. Committee on the Judiciary - 1941 - 946 pages
...Committee to regulate and direct the open-market operations of the Federal Reserve banks, "with a view of accommodating commerce and business and with regard...upon the general credit situation of the country." (Federal Reserve Act, sec. 12 A.) The first three of these powers are required to be exercised through...
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