Federal Reserve Act, 1913: McFadden Act, 1927; Banking Act of 1933, Banking Act of 1935, Banking Holding Company Act, 1956; ... 1958 |
From inside the book
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Page 19
... held in cash in their vaults and 9 per cent may be held in the form of balances with other banks in reserve and central reserve cities . The original reason for creating this so - called " pyramidal " system of reserves was that ...
... held in cash in their vaults and 9 per cent may be held in the form of balances with other banks in reserve and central reserve cities . The original reason for creating this so - called " pyramidal " system of reserves was that ...
Page 39
... held therein by member banks from all classes of taxation , save such taxation as may be imposed upon the real estate held by these banks . In view of the increasing burden of taxation and of the Federal income - tax law , which now ...
... held therein by member banks from all classes of taxation , save such taxation as may be imposed upon the real estate held by these banks . In view of the increasing burden of taxation and of the Federal income - tax law , which now ...
Page 54
... held by it for its other liabilities , ( 2 ) charge the notes off against Government deposits held by it ( and against which , of course , there ' is a reserve of 333 per cent of lawful money ) , which would mean that such bank would at ...
... held by it for its other liabilities , ( 2 ) charge the notes off against Government deposits held by it ( and against which , of course , there ' is a reserve of 333 per cent of lawful money ) , which would mean that such bank would at ...
Page 59
... held . Finally , it is noted that in making the change suggested careful account must be taken of the total sums in cash as distinct from those in balances required to be held by existing law , and that they should be contrasted with ...
... held . Finally , it is noted that in making the change suggested careful account must be taken of the total sums in cash as distinct from those in balances required to be held by existing law , and that they should be contrasted with ...
Page 62
... held in cash or in the Federal reserve banks will yield them no revenue , the latter banks being forbidden by the terms of the bill to pay interest on deposits . These contentions are worthy of careful study , because they are widely ...
... held in cash or in the Federal reserve banks will yield them no revenue , the latter banks being forbidden by the terms of the bill to pay interest on deposits . These contentions are worthy of careful study , because they are widely ...
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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