Gold Reserve Act of 1934: Hearings Before the Committee on Banking and Currency, United States Senate, Seventy-third Congress, Second Session, on S. 2366, a Bill to Protect the Currency System of the United States, to Provide for the Better Use of the Monetary Gold Stock of the United States, and for Other Purposes
U.S. Government Printing Office, 1934 - 389 pages
Considers legislation to transfer to U.S. Treasury all gold held by Federal Reserve Board in return for payment in gold certificates and to prohibit further gold coinage and currency redemption in gold.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
actual amended amount ANDERSON application approval authority basis bill Board bonds CHAIRMAN circulation committee commodities course currency demand deposits devaluation dollar economic effect England exchange Executive existing expansion export fact Federal Reserve banks Federal Reserve Board figures fixed follows foreign fund further give gold bullion gold certificates gold coin Government held hold important increase interest issued less license limit loans maintain March means member banks monetary necessary notes operations percent period person present President price level production profit purchase question raise receive regulations rise Secretary securities Senator BARKLEY Senator Glass Senator GORE Senator KEAN Senator McAdoo silver stabilization thing tion Treasury United volume WARBURG WARREN weight York Young
Page 187 - Act of 1923, as amended, and may, without regard to the provisions of the civil service laws and the Classification Act of 1923, as amended...
Page 71 - State to another, or to a foreign country, shall be forfeited to the United States, and may be seized and condemned by like proceedings as those provided by law for the forfeiture, seizure, and condemnation of property imported into the United States contrary to law.
Page 37 - Act, but the repeal of existing laws or modifications thereof embraced in this Act shall not affect any act done, or any right accruing or accrued, or any suit or proceeding had or commenced in any civil cause before...
Page 387 - An Act to relieve the existing national economic emergency by increasing agricultural purchasing power, to raise revenue for extraordinary expenses incurred by reason of such emergency, to provide emergency relief with respect to agricultural indebtedness, to provide for the orderly liquidation of jointstock land banks, and for other purposes,
Page 35 - Secretary or his delegate shall constitute public records; but, except as hereinafter provided in this section, they shall be open to inspection only upon order of the President and under rules and regulations prescribed by the Secretary or his delegate and approved by the President.
Page 64 - All coins and currencies of the United States (including Federal Reserve notes and circulating notes of Federal Reserve banks and national banking associations) heretofore or hereafter coined or issued, shall be legal tender for all debts, public and private, public charges, taxes, duties, and dues...
Page 30 - ... shall, upon conviction, be fined not more than $10,000 or, if a natural person, may be imprisoned for not more than ten years, or both; and any officer, director, or agent of any corporation who knowingly participates in such violation may be punished by a like fine, imprisonment, or both. As used in this subdivision the term "person" means an individual, partnership, association, or corporation.
Page 19 - Whoever willfully violates any of the provisions of this subdivision or of any license, order, rule, or regulation issued thereunder; shall, upon conviction, be fined not more than $10,000 or, if a natural person, may...
Page 37 - States ; and he may require any su.ch person engaged in any such transaction to furnish, under oath, complete information relative thereto, including the production of any books of account, contracts, letters or other papers, in connection therewith in the custody or control of such person, either before or after such transaction is completed.