| United States - 1920 - 328 pages
...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. (Dec. 23, 1913, Public No. 43, chap. 6, 38 Stat. L., p. 251. As amended Aug.... | |
| Roger Ward Babson - 1920 - 492 pages
...foreign countries may obtain the accommodations they require in the conduct of their operations. (6) To establish a more effective supervision of banking in the United States and to secure the co-operation of the nation's banking power for the mutual protection and profit of... | |
| Finance Publishing Syndicate, New York - 1920 - 96 pages
...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 may discount notes, drafts, and... | |
| Henry Colman Cutting - 1921 - 340 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... | |
| 1922 - 894 pages
..." ' n ac't * * ' to furnish an elastic currency, to afford means of rediscount^;' commercial paper, to establish a more effective supervision of banking in the United States." A little further on in the same circular is this [reading]: There is no practical and effective way... | |
| United States - 1923 - 132 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...to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.... | |
| First National City Bank of New York - 1923 - 166 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...to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.... | |
| James Dysart Magee - 1923 - 794 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...to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.... | |
| Elmer S. Nelson, Charles Emanuel Martin, William Henry George - 1923 - 850 pages
...REGULATION L. — Interlocking bank directorates under the Clayton Act 217 FEDERAL RESERVE ACT An Act To provide for the establishment of Federal reserve...to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.... | |
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