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" The net earnings derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against outstanding United States notes, or shall be applied to the reduction of the outstanding... "
Circular - Page 11
by United States. Farm Credit Administration - 1934
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - 1922 - 1102 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...shall be applied to the reduction of the outstanding indebtedness of the United States under regulations to be prescribed by the Secretary of the Treasury....
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 138 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 10

United States - 1914 - 962 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - 1914 - 232 pages
...derived by the United States from Federal *f 54 reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts,...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 pages
...derived by the United States from federal reserve banks shall, in the discretion of the Secretary, and regulation. The Railroad Commission shall have...public utilities, in the State of California, and Slates under regulations to be prescribed by the Secretary of the Treasury. Should a federal reserve...
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Journal of the Institute of Bankers, Volume 35

Institute of Bankers (Great Britain) - 1914 - 768 pages
...of such bank. The net earnings derived by the United States from Federal reserve banks will, in the discretion of the Secretary of the Treasury, be used...reserve held against outstanding United States notes, or be applied to the reduction of the outstanding bonded indebtedness of the United States under regulations...
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Money and Banking

John Thom Holdsworth - 1914 - 464 pages
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against outstanding United States notes, or shall bo applied to the reduction of the outstanding bonded indebtedness of the United States under regulations...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 448 pages
...either (1) to supplement the gold reserve held against outstanding United States notes, or (2) to reduce the outstanding bonded indebtedness of the United States under regulations to be prescribed by the Secretary of the Treasury. Which alternative is used will depend in part upon the personal opinions...
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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
...derived by the United States from Federal reserve banks shall, in the discretion of the Secretary, be used to supplement the gold reserve held against...by the Secretary of the Treasury. Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining after the payment of all debts,...
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