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 PurposesU.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. |
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amended ANDERSON assay office authority balance bank credit bank expansion bill bonds BULKLEY CHAIRMAN circulation committee Congress currency deposits depreciation devaluation economic excess reserves Executive order export Federal Reserve Act Federal Reserve agent Federal Reserve banks Federal Reserve Board Federal Reserve notes Federal Reserve System foreign exchange gold bullion gold certificates gold coin gold dollar Gold Reserve Act gold reserves gold standard Government securities held hereby increase inflation issued KEMMERER license loans member bank reserves monetary gold percent period prescribe President price level price of gold proclamation profit purchasing power purpose question redeemable redemption rediscount regulations Secretary Senator ADAMS Senator BARKLEY Senator BYRNES Senator COUZENS Senator GLASS Senator GORE Senator KEAN Senator MCADOO Senator TOWNSEND Senator WAGNER Senator WALCOTT stabilization fund tion Treasury United United States mint value of gold VANDERLIP WARBURG WARREN YOUNG
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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.
Page 63 - That (a) every provision contained in or made with respect to any obligation which purports to give the obligee a right to require payment in gold or a particular kind of coin or currency, or in an amount in money of the United States measured thereby...