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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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Financial Reckoning Day: Surviving the Soft Depression of the 21st Century

Will Bonner, William Bonner, Addison Wiggin - 2004 - 306 pages
...for the new Fed "to furnish an elastic currency." The full title of the act read as follows: "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." It was probably the "other purposes" that...
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Financial Reckoning Day: Surviving the Soft Depression of the 21st Century

Will Bonner, William Bonner, Addison Wiggin - 2003 - 306 pages
...for the new Fed "to furnish an elastic currency." The full title of the act read as follows: "An Act 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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Central Banking in the Modern World: Alternative Perspectives

Marc Lavoie, Mario Seccareccia - 2004 - 296 pages
...preamble of the legislation that emerged is most explicit about the scope of the Fed's duties, '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' (Burgess, 1936, p. 127). Despite this, a review...
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The Federal Reserve Act: Making the American Banking System Stronger

Melanie Apel - 2006 - 32 pages
...Federal Reserve American citizens. Act, which was put into place on December 23, 1913, was "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." Why the United States Needed a Federal Reserve...
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