 | Milton Friedman, Anna Jacobson Schwartz - 2008 - 888 pages
...were not even guided by a legislative mandate of intent — unless the purpose of the act described as "to furnish an elastic currency, to afford means of rediscounting commercial paper" or the instruction to set discount rates "with a view of accommodating commerce and business" can be... | |
 | 1960
...Reserve Act (38 Stat. 251; 12 USC 221). PURP0SE.—As stated in the preamble, the purposes of the act are “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.” 0RGANIzATION.—The System comprises the... | |
 | United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1972 - 191 pages
...Federal Reserve System or the purposes of its creation, further than those expressed in the title, viz. 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,' it is sufficient to say that it had long... | |
 | 1963
...Reserve Act (38 Stat.251; 12U.SC221). PURPOSE.—AS stated in the preamble, the purposes of the act are “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.” 0RGAN1zATI0N.—The System comprises the... | |
 | United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1972 - 191 pages
...Federal Reserve System or the purposes of its creation, further than those expressed in the title, viz. '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,' it is sufficient to say that it had long... | |
 | 1971
...Act (38 Stat. 251; 12 USC221). PURPOSE. — As stated in the preamble, the purposes of the act are "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." ORGANIZATION. — The System comprises the... | |
 | 1954
...act of December 23, 1913, amble, the purposes of the act are "to US GOVERNMENT ORGANIZATION MANUAL provide for the establishment of Federal Reserve Banks,...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes." ORGANIZATION. — The System comprises the... | |
 | United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1974 - 1094 pages
...authority of the Board of Governors stems from the enabling legislation which gives the Board the powers "to provide for the establishment of Federal Reserve...commercial paper, to establish a more effective supervision of banking in the United States," and to do other, unspecified, things. As interpreted by the Steering... | |
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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. 
