Bretton Woods Agreements Act Amendment: Hearings Before the Committee on Banking and Currency, House of Representatives, Eighty-seventh Congress, Second Session, on H.R.10162, a Bill to Amend the Bretton Woods Agreements Act, to Authorize the United States to Participate in Loans to the International Monetary Fund to Strengthen the International Monetary SystemU.S. Government Printing Office, 1962 - 165 lappuses Considers H.R. 10162, to authorize U.S. loans to IMF. |
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$2 billion abroad additional American amount authority balance of payments balance-of-payments balance-of-payments problem bills of exchange Board of Governors Bretton Woods Agreements cable transfers Chairman Congress cooperation credit arrangement Decision deficit DOUGLAS DILLON economic effect February 28 Federal Reserve Act Federal Reserve bank Federal Reserve System foreign accounts foreign banks foreign central banks foreign currencies foreign deposits foreign exchange free world Fund's gold reserve Gold Reserve Act gold stock Government holdings increase industrial countries interest rates International Monetary Fund international monetary system international payments investment legislation lend loan Managing Director MARTIN ment MOORHEAD of Pennsylvania MULTER National Advisory Council Open Market Committee operations outflow Paragraph participating countries PATMAN percent proposed question quota repayment reserve position REUSS ROUSSELOT Secretary DILLON short-term capital SPENCE Stabilization Fund stand-by arrangement standby sterling supplementary resources tion transactions Treasury U.S. dollars United Kingdom VANIK WIDNALL Woods Agreements Act
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149. lappuse - A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental to its very existence.
143. lappuse - To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objectives of economic policy.
36. lappuse - Fund decides that supplementary resources are needed to forestall or cope with an impairment of the international monetary system.
28. lappuse - The par value of the currency of each member shall be expressed in terms of gold as a common denominator or in terms of the United States dollar of the weight and fineness in effect on July 1, 1944.
155. lappuse - Any Federal reserve bank may, under rules and regulations prescribed by the Federal Reserve Board, purchase and sell in the open market, at home or abroad, either from or to domestic or foreign banks, firms, corporations, or individuals, cable transfers and bankers...
154. lappuse - SEC. 4. (a) In order to coordinate the policies and operations of the representatives of the United States on the Fund and the Bank and of all agencies of the Government which make or participate in making foreign loans or which engage in foreign financial, exchange or monetary transactions...
149. lappuse - Each member shall deal with the Bank only through its Treasury, central bank, stabilization fund or other similar fiscal agency, and the Bank shall deal with members only by or through the same agencies.
2. lappuse - SEC. 18. Any purchases of currencies or gold by the United States from the International Monetary Fund may be transferred to and administered by the fund established...
150. lappuse - ... buy and sell, with or without its indorsement, through such correspondents or agencies, bills of exchange (or acceptances) arising out of actual commercial transactions which have not more than ninety days to run, exclusive of days of grace, and which bear the signature of two or more responsible parties, and, with the consent of the Federal Reserve Board, to open and maintain banking accounts for such foreign correspondents or agencies.
2. lappuse - Bank under the authority of this subsection and outstanding at any one time shall not exceed, in the aggregate, the amount of the subscription...