Stabilization: Hearings Before the Committee on Banking and Currency, House of Representatives, Sixty-ninth Congress, First Session, on H.R. 7895, a Bill to Amend Papragraph (d) of Section 14 of the Federal Reserve Act, as Amended, to Provide for the Stabilization of the Price Level for Commodities in GeneralU.S. Government Printing Office, 1927 - 1144 lappuses |
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__do____ amount average bank credit Bank of England bankers BEEDY bill bonds borrow Bureau cent CHAIRMAN chart circulation commerce committee commodities Congress cost cotton course creditor class currency deflation demand deposits discount rate Doctor FOSTER Doctor WOLFF dollar economic effect eral reserve exchange fact farm farmers Federal reserve act Federal reserve banks Federal Reserve Board Federal reserve notes Federal reserve system fixed fluctuations funds gold standard GOLDSBOROUGH Governor STRONG increase index number inflation influence interest investment issue Labor legislation loans LOMBARD matter member banks ment NORRIS open-market operations period present production Professor FISHER Professor ROGERS purchasing power question rediscount result SEAY SHIBLEY situation SNYDER stability stable price level statement STEVENSON STRONG of Kansas thing tion to-day transactions Treasury United volume of credit wages wheat wholesale WILLIAMSON WINGO words York
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463. lappuse - Federal reserve agents as hereinafter set forth and for no other purpose, are hereby authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues.
123. lappuse - Unless the machinery which long experience has shown to be the only effective remedy for an adverse balance of trade and an undue growth of credit...
33. lappuse - To establish from time to time, subject to review and determination of the Federal Reserve Board, rates of discount to be charged by the Federal reserve bank for each class of paper, which shall be fixed with a view of accommodating commerce and business...
436. lappuse - No. • that he is the of , the corporation described in and which executed the foregoing instrument; that he knows the seal of said corporation; that the seal affixed to said instrument is such corporate seal; that it...
14. lappuse - Commerce, and the testimony is very plain that, unless his amendments were incorporated, which had to do with the difference in the cost of production at home and abroad, and other important things along the line of Republican doctrine, the chamber of commerce was opposed to the bill.
12. lappuse - ... and promoting a stable price level for commodities in general. All of the powers of the federal reserve system shall be used for promoting stability in the price level.
436. lappuse - ... instrument; that he knows the seal of said corporation; that the seal affixed to said instrument is such corporate seal ; that it was so affixed by order of the board of directors of said corporation, and that he signed his name thereto by like order.
121. lappuse - Credit will be regulated, not only with a view to maintaining the. currencies • at par with one another, but also with a view to preventing undue fluctuations in the purchasing power of gold.
726. lappuse - They could not be expected themselves to discover such principles. The abstract thinking of the world is never to be expected from persons in high places ; the administration of first-rate current transactions is a most engrossing business, and those charged with them are usually but little inclined to think on points of theory, even when such thinking most nearly concerns those transactions. No doubt when men's own fortunes are at stake, the instinct of the trader does somehow anticipate the conclusions...
500. lappuse - Board, to open and maintain banking accounts in foreign countries, appoint correspondents, and establish agencies in such countries wheresoever it may deem best for the purpose of purchasing, selling, and collecting bills of exchange, and to buy and sell with or without its indorsement, through such correspondents or agencies, bills of exchange arising out of actual commercial transactions which have not more than ninety days to run and which bear the signature of two or more responsible parties.