Gold Reserve Act of 1934: Hearings Before the Committee on Coinage, Weights and Measures, House of Representatives, Seventy-third Congress, Second Session, on H.R. 6976

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U.S. Government Printing Office, 1934 - 218 lappuses
Considers legislation to transfer to U.S. Treasury ownership and possession of Federal Reserve Bank gold stock and to prohibit gold coinage and redemption of currency in gold.
 

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195. lappuse - Corporation shall be exempt, both as to principal and interest, from all taxation now or hereafter imposed by the United States, any State, or any of the possessions of the United States, or by any local taxing authority...
189. lappuse - In compliance with clause 3 of rule XIII of the Rules of the House of Representatives, changes in existing law made by the bill, as reported, are shown as follows (existing law proposed to be omitted is enclosed...
191. lappuse - ... discretion of the Secretary for the purposes of this Act, and should the appropriations heretofore made be insufficient to meet the requirements of this Act in addition to circulating notes provided for by existing law, the Secretary is hereby authorized to use so much of any funds in the Treasury not otherwise appropriated for the purpose of furnishing the notes aforesaid : Provided, however, That nothing in this section contained shall be construed as exempting national banks or Federal reserve...
192. lappuse - The Federal Reserve Board shall, by rule, fix the charges to be collected by the member banks from its patrons whose checks are cleared through the Federal reserve bank...
130. lappuse - Treasurer otherwise than for redemption may be exchanged for gold certificates out of the redemption fund hereinafter provided and returned to the Reserve bank through which they were originally issued, or they may be returned to such bank for the credit of the United States.
196. lappuse - Any Federal reserve bank may make advances for periods not exceeding fifteen days to its member banks on their promissory notes secured by the deposit or pledge of bonds, notes, certificates of indebtedness, or Treasury bills of the United States...
131. lappuse - The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal reserve notes issued to such bank...
194. lappuse - The principal and interest thereof shall be payable in United States gold coin of the present standard of value...
209. lappuse - ... shall be forfeited to the United States, and may be seized and condemned by like proceedings as those provided by law for the forfeiture, seizure and condemnation of property imported into the United States contrary to law.
195. lappuse - Treasury be, and he is hereby, authorized to borrow, from time to time, on the credit of the United States...

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