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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. "
Providing for Control and Regulation of Bank Holding Companies, Hearings ... - Page 90
by United States. Congress. Senate. Banking and Currency Committee - 1947 - 186 pages
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Questions and Answers on the Federal Reserve System

Federal Reserve Bank of Richmond, Charles Anthony Peple - 1926 - 204 pages
...and approved December 23, 1913, known as the Federal Reserve Act, the long title of which is, "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" 2. Why Was the Federal Reserve System Established?...
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Journal of the Institute of Bankers, Volume 48

Institute of Bankers (Great Britain) - 1927 - 648 pages
...the System. Out of the confusion of 1907 arose the conception of the Federal Reserve Act — " an Act to provide for the establishment of Federal " reserve...paper, to establish a more effective "supervision of banking in the United States, and for other " purposes." At the outset it was realised that the...
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The New Standard American Business Guide: A Complete Compendium of how to Do ...

Edward Thomas Roe - 1927 - 554 pages
...DEC. 23. 1913. The title of the Act providing for the new banking and currency system reads: "An act to provide for the establishment of Federal reserve...paper, to establish a. more effective supervision of banking in the United States, and for other purposes." Need and Purpose of the System Explained....
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The Straight Road: A Short Account of the Newburyport Turnpike and Early ...

Everett National Bank (Everett, Mass.) - 1927 - 60 pages
...the Federal Reserve System may be read in the title of the act by which it was established : "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." All National banks are required to be members...
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Readings in American Government

Finla Goff Crawford - 1927 - 824 pages
...set forth in its title, the purposes of the Federal Reserve Act were "to provide for the estabishment of Federal reserve banks, to furnish an elastic currency,...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes." Consistently with these purposes the act...
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History of the Willamette Valley, Oregon, Volume 1

Robert Carlton Clark - 1927 - 906 pages
...federal reserve system one year later. The Federal Reserve Act, approved December 23, 1913, was enacted to provide for the establishment of federal reserve...elastic currency, to afford means of rediscounting paper, to establish a more effective supervision of banking in the United States and for . other purposes....
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Amerikansk bankvaesen: federal reserve systemet

Fin Onni Metsikkö Lund - 1927 - 128 pages
...siden Borgerkrigens Dage. »The Federal Reserve Act« eller, som Lovens fulde Titel lyder, »An Act to provide for the establishment of Federal reserve...elastic currency, to afford means of rediscounting com* mercial paper, to establish a more effective supervision of banking in the United States and for...
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Economic Problems of Modern Life

S. Howard Patterson, Karl William Henry Scholz - 1927 - 640 pages
...Their chief functions are set forth in the preamble to the Federal Reserve Act of 1913 as follows: To furnish an elastic currency, to afford means of...commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. In order to provide an elastic currency, the...
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Nationalization of Legal-tender Money by States and ..., Part 1; Parts 3-4

United States Congress. House. Banking and Currency Committee - 1928 - 136 pages
...commissions, that Congress finally passed the Federal reserve act. This act, according to its title, was "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." The chief purpose of this law, so far as...
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Digest of Rulings of the Federal Reserve Board (1914-1927, Inclusive): With ...

United States. Federal Reserve Board - 1928 - 808 pages
...ACT AS ORIGINALLY ENACTED DECEMBER 23, 1913. [PUBLIC — No. 43 — 63o CONGRESS.] [HR 7837.] 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...
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