Federal Reserve Act, 1913: McFadden Act, 1927; Banking Act of 1933, Banking Act of 1935, Banking Holding Company Act, 1956; ... 1958 |
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Page 17
... funds of the Government included in what is known as the general fund to the new Federal reserve banks , which are there- after to act as fiscal agents of the Government . The total amount of funds which would thus be transferred can ...
... funds of the Government included in what is known as the general fund to the new Federal reserve banks , which are there- after to act as fiscal agents of the Government . The total amount of funds which would thus be transferred can ...
Page 18
... funds which they would have in hand would be at least $ 550,000,000 . This would create a reservoir of liquid funds far surpassing anything of similar kind ever available in this country heretofore . It would compare favorably with the ...
... funds which they would have in hand would be at least $ 550,000,000 . This would create a reservoir of liquid funds far surpassing anything of similar kind ever available in this country heretofore . It would compare favorably with the ...
Page 19
... funds of the community in any given instance . In other words , the reserve - bank plan retains to the Government power over the exercise of the broader banking functions , while it leaves to individuals and pri- vately owned ...
... funds of the community in any given instance . In other words , the reserve - bank plan retains to the Government power over the exercise of the broader banking functions , while it leaves to individuals and pri- vately owned ...
Page 20
... funds which otherwise would have to other centers or to other banks in the same centers or which would have been retained at home . The funds thus redeposited , even when not attracted by any artificial means , have of course ...
... funds which otherwise would have to other centers or to other banks in the same centers or which would have been retained at home . The funds thus redeposited , even when not attracted by any artificial means , have of course ...
Page 21
... funds . The committee is aware that the step thus recommended is of funda- mental importance and will produce an extensive transformation in present methods of national banking . It , however , believes that the effects of this ...
... funds . The committee is aware that the step thus recommended is of funda- mental importance and will produce an extensive transformation in present methods of national banking . It , however , believes that the effects of this ...
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amends section amount application appointed approval assessment assets authorized bank holding company bankers Banking Act board of directors bonds branch banking capital and surplus capital stock cash cent central reserve cities centum certificate closed bank Comptroller Congress Corporation deemed deposit liabilities depositors discount dividends employee establish examination existing law Federal Deposit Insurance Federal Reserve Act Federal reserve agent Federal reserve bank Federal Reserve Board Federal reserve district Federal reserve notes Federal Reserve System funds gold Government held holding company affiliate House bill insured bank insured deposit interest issued loans located member bank ment mutual savings bank national banking act national banking association national-bank nonmember banks obligations officer operations paid payment permit prescribed purchase purpose receive rediscount regulations reserve requirements Revised Statutes Secretary Senate amendment shareholders shares stockholders term thereafter thereof tion title 12 Treasury trust company United vote