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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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The Life of John W. Weeks

Charles Grenfill Washburn - 1928 - 406 pages
...subjects, more or less. By far the most important was that bill which, on its passage, was entitled 'An Act to provide for the establishment of Federal Reserve...means of rediscounting commercial paper, to establish more effective supervision of banking in the United States, and for other purposes.' Mr. Weeks, as...
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The Relation of the Federal Reserve Banking System to the Agricultural ...

Roland Roger Renne - 1928 - 344 pages
...an Act passed by Congress and approved December 23, 1912. The complete title of the Aot is, "An Aot to provide for the establishment of Federal Reserve...to furnish an elastic currency, to afford means of rediscount ing commercial paper, to establish a more effective supervision of banking in the united...
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Documentary Source Book of American History, 1606-1926

William MacDonald - 1926 - 742 pages
...The Federal Reserve System; WPG Harding, The Formative Period of the Federal Reserve System. 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. SEC. 2. As soon as practicable, the Secretary...
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Branch, Chain, and Group Banking: Hearings Before the Committee on Banking ...

United States Congress. House. Banking and Currency Committee - 1930 - 1152 pages
...416,580 depositors. 5. Federal Reserve Banks. — In 1913 Congress enacted the Federal reserve act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford a means of rediscounting commercial paper, and to establish a more effective supervision of banking...
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Branch, Chain, and Group Banking, Volume 1

United States. Congress. House. Committee on Banking and Currency - 1930 - 1066 pages
...416,580 depositors. 5. Federal Reserve Banks. — In 1913 Congress enacted the Federal reserve act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford a means of rediscounting commercial paper, and to establish a more effective supervision of banking...
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Consumer Protection Legislation: Hearings Before a Subcommittee of the ...

United States. Congress. House. Committee on Government Operations. Legislation and Military Operations Subcommittee - 1971 - 652 pages
...consideration of this legislation on the House Floor. Your agency has the statutory duty and responsibility to furnish an elastic currency, to afford means of rediscounting commercial paper and to establish a more effective supervision of banking in the United States. In connection with its...
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A Monetary History of the United States, 1867-1960

Milton Friedman, Anna Jacobson Schwartz - 2008 - 889 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...
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United States Government Organization Manual

1960 - 838 pages
...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...
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State and Local Taxation of Insured Banks, Hearings Before ..., 92-1 Om S ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1972 - 198 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...
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United States Government Organization Manual

1951 - 804 pages
...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...
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