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" The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal reserve notes issued... "
Money and Banking Illustrated by American History, Rev. and Continued to the ... - Page 446
by Horace White - 1911 - 541 pages
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Statutes of the United States of America

United States - 1917 - 706 pages
...require each Federal reserve bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal reserve notes issued to such bank, but in no event less than five per centum of the total...
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Banking: Part I: Banking Principles

1914 - 600 pages
...expand. Every federal reserve bank is required to keep on deposit with the federal treasury a sum in gold sufficient, in the judgment of the Secretary of the Treasury, for the redemption of its notes outstanding, but in no event less than five per cent. This redemption fund may, however,...
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - 1914 - 232 pages
...Federal re- *[ 106 serve bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal reserve notes issued to such bank, but in no event less than five per centum; but such...
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Money and Banking

John Thom Holdsworth - 1914 - 464 pages
...require each Federal reserve bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal reserve notes issued to such bank, but in no event less than five per centum ; but such...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 138 pages
...require each Federal reserve bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal reserve notes issued to such bank, but in no event less than five per centum; but such...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 pages
...require each federal reserve bank to maintain on deposit in the Treasury of the United States a sum in J W0 ) the federal reserve notes issued to such bank, but in no event less than five per centum; but such...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 448 pages
...required to maintain in the Treasury of the United States at Washington a deposit of gold which is sufficient, in the judgment of the Secretary of the Treasury, for the redemption of the Federal reserve notes issued to that bank, but which shall in no case be less than five per cent...
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A History of Currency in the United States

Alonzo Barton Hepburn - 1915 - 582 pages
...require each Federal reserve bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal reserve notes issued to such bank, but in no event less than five per centum; but such...
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Chinese Currency and Banking

Srinivas Ram Wagel - 1915 - 486 pages
...require each Federal Reserve Bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal Reserve notes issued by such Lank, but in no event less than five per centum; but such...
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Annual Report - Board of Governors of the Federal Reserve System, Volumes 1-2

Board of Governors of the Federal Reserve System (U.S.) - 1915 - 670 pages
...require each Federal reserve bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal reserve notes issued to such bank, but in no event less than five per centum ; but such...
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