 | Finance Publishing Syndicate, New York - 1920 - 87 pages
...title of the act reads as follows : 'An act to provide for the establishment of Federal Reserve Banks, furnish an elastic currency, to afford means of re-discounting...commercial paper, to establish a more effective supervision of banking in the United States.' "Section 13 of the act, provides, in part, that Federal Reserve Banks... | |
 | Henry Colman Cutting - 1921 - 318 pages
...throat of industry. The title of the Federal Reserve Act recites that the primary purpose of the act is "to furnish an elastic currency, to afford means of rediscounting commercial paper," etc. The only means by which the act furnishes an elastic currency are: First, by reducing the legal... | |
 | First National City Bank of New York - 1923 - 152 pages
...FEDERAL RESERVE ACT (Approved Dec. 23, 1913) With amendment! approved up to January 1, 1921 An Act To provide for the establishment of Federal reserve...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. Be it enacted by the Senate and House of Representatives... | |
 | United States - 1923 - 120 pages
...Stat., 620, Chap. 205); July 1, 1922 (42 Stat., 821, Chap. 274) ; Feb. 6, 1923; Mar. 4, 1923. An Act To provide for the establishment of Federal reserve...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. Be it enacted ly the Senate and House of Representatives... | |
 | James Dysart Magee - 1923 - 769 pages
...December 24, 1919; April 13, 1920; February 27, 1921; June 14, 1921, June 3, 1922; July 1, 1922. An Act To provide for the establishment of Federal reserve...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. Be it enacted by the Senate and House of Representatives... | |
 | Elmer S. Nelson, Charles Emanuel Martin, William Henry George - 1923 - 780 pages
...REGULATION L. — Interlocking bank directorates under the Clayton Act 217 FEDERAL RESERVE ACT An Act To provide for the establishment of Federal reserve...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. Be it enacted by the Senate and House of Representatives... | |
 | Ivan Wright - 1923 - 343 pages
...and all state banks that can meet the requirements may enter the system. The purpose of this act is to provide for the establishment of Federal Reserve...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. 118 The state banks were permitted to enter... | |
 | Thomas P. Kane - 1922 - 549 pages
...of Representatives by Hon. Carter Glass of Virginia, Chairman of the Banking and Currency Committee, to provide for the establishment of Federal reserve...banks, to furnish an elastic currency, to afford means for rediscounting commercial paper, to more effectively supervise banking in the United States, and... | |
 | Ernest McCullough - 1923 - 175 pages
...the desired result. To this end the title of the Act should be amended to read as follows: "An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to stabilize the general price level, to afford means of rediscounting commercial paper, to establish... | |
 | Henry Parker Willis - 1923 - 1765 pages
....... which is carried on between man and man." The purpose of the Federal Reserve Act is primarily "to furnish an elastic currency, to afford means of rediscounting commercial paper." That it was not intended that all paper that might by strict construction come within the general definition... | |
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An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. 
