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" Canada to regulate credit and currency in the best interests of the economic life of the nation, to control and protect the external value of the national monetary unit and to mitigate by its influence fluctuations in the general level of production,... "
Banking Act of 1935: Hearings Before the Committee on Banking and Currency ... - Page 306
by United States. Congress. House. Committee on Banking and Currency - 1935 - 882 pages
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Central Banking in the Modern World: Alternative Perspectives

Marc Lavoie, Mario Seccareccia - 2004 - 328 pages
...control and protect the external value of the national monetary unit and to mitigate by its influence fluctuations in the general level of production, trade,...may be possible within the scope of monetary action, and generally to promote the economic and financial welfare of Canada.8 This is in sharp contrast to...
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A History of Central Banking in Great Britain and the United States

John H. Wood - 2005 - 464 pages
...Eccles had proposed that the Board be required "to promote conditions conducive to business stability and to mitigate by its influence unstabilizing fluctuations...level of production, trade, prices, and employment— The present objective - the accommodation of commerce, agriculture, and industry - is vague to the...
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Peddling Panaceas: Popular Economists in the New Deal Era

Gary Dean Best - 2005 - 302 pages
...do so would, in their judgment, "promote conditions conducive to business stability and to mitigate unstabilizing fluctuations in the general level of production, trade, prices and employment." While the Committee obviously had no complaint with altering the gold value of the dollar, this was...
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Macro Federalism and Local Finance

Anwar M. Shah - 2008 - 362 pages
...control and protect the external value of the national monetary unit, and to mitigate by its influence fluctuations in the general level of production, trade,...may be possible within the scope of monetary action, and generally to promote the economic and financial welfare of Canada." c. Subsequent to German reunification,...
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United States Congressional Serial Set, Issue 9887

1935 - 1312 pages
...such powers as it possesses in such manner as to promote conditions conducive to business stability and to mitigate by its influence unstabilizing fluctuations...may be possible within the scope of monetary action and credit administration. * ****** Section 205 of the bill, effective 90 days after its enactment,...
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Banking Act of 1935: Hearings Before the Committee on Banking and Currency ...

United States. Congress. House. Committee on Banking and Currency - 1935 - 1196 pages
...Reserve Board to exercise such powers as it possesses to promote conditions making for business stability and to mitigate by its influence unstabilizing fluctuations in the general level of productioD, trade, prices, and employment, so far as may be possible within the scope of monetary action....
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