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 13
... meet the difficulties of the present situation in the United States . Careful study of the applicability of the Canadian banking system to Amer- ican conditions convinced the committee that an adaptation of it would not be feasible to ...
... meet the difficulties of the present situation in the United States . Careful study of the applicability of the Canadian banking system to Amer- ican conditions convinced the committee that an adaptation of it would not be feasible to ...
Page 14
... meet the need for a more effective supply of deposit credits . In times of stress the difficulty under which banks labor is not usually that of lack of assets , but is that of inability to convert good assets into a medium that can be ...
... meet the need for a more effective supply of deposit credits . In times of stress the difficulty under which banks labor is not usually that of lack of assets , but is that of inability to convert good assets into a medium that can be ...
Page 16
... meet the requirements thus sketched , the committee proposes a plan for the organization of reserve or rediscount institu- tions to which it assigns the name " Federal reserve banks . " It rec- oinmends that these be established in ...
... meet the requirements thus sketched , the committee proposes a plan for the organization of reserve or rediscount institu- tions to which it assigns the name " Federal reserve banks . " It rec- oinmends that these be established in ...
Page 17
... meet the requirements of foreign trade , the committee recommends that the power to establish foreign branch banks shall be bestowed upon existing national banks under carefully prescribed conditions and that Federal reserve banks shall ...
... meet the requirements of foreign trade , the committee recommends that the power to establish foreign branch banks shall be bestowed upon existing national banks under carefully prescribed conditions and that Federal reserve banks shall ...
Page 20
... meet the demands that are brought to bear on them by country banks ; and the latter , realizing the difficul- ties of the case , seek to protect themselves by an unnecessary accumu- lation of cash which they draw from their ...
... meet the demands that are brought to bear on them by country banks ; and the latter , realizing the difficul- ties of the case , seek to protect themselves by an unnecessary accumu- lation of cash which they draw from their ...
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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