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" Creation of a joint mechanism for the extension of credit to banks which possess sound assets and which desire to liquidate them for the purpose of meeting legitimate, commercial, agricultural, and industrial demands on the part of their clientele. "
Business Barometers Used in the Accumulation of Money ... - Side 293
av Roger Ward Babson - 1920 - 445 sider
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The Federal Reserve: A Study of the Banking System of the United States

Henry Parker Willis - 1915 - 364 sider
...vf i) Creation of a joint mechanism for the extension of credit to banks which possess sound assets and which desire to liquidate them for the purpose...industrial demands on the part of their clientele. *^2. Ultimate retirement of the present bondsecured currency, with suitable provision for the fulfilment...
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American Banking

Henry Parker Willis - 1916 - 390 sider
...: 1. Creation of a joint mechanism for the extension of credit to banks which possess sound assets and which desire to liquidate them for the purpose...industrial demands on the part of their clientele. 2. Ultimate retirement of the present bond-secured currency, with suitable provision for the fulfillment...
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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - 1917 - 452 sider
...George W. Prince, Illinois, and James MacLachlan, California. credit to banks which possess sound assets and which desire to liquidate them for the purpose...industrial demands on the part of their clientele. "2. Ultimate retirement of the present bond-secured currency, with suitable provisions for the fulfilment...
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The Federal Reserve System, Legislation, Organization and Operation

Henry Parker Willis - 1923 - 1792 sider
...: 1. Creation of a joint mechanism for the extension of credit to banks which possess sound assets and which desire to liquidate them for the purpose...industrial demands on the part of their clientele. 2. Ultimate retirement of the present bond-secured currency, with suitable provision for the fulfillment...
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Federal Reserve Assistance in Financing Small Business: Hearing Before the ...

United States. Congress. Senate. Committee on Banking and Currency - 1947 - 44 sider
...the "creation of a joint mechanism for the extension of credit to banks which possess sound assets and which desire to liquidate them for the purpose...industrial demands on the part of their clientele." Furthermore, the report of the Senate Banking and Currency Committee on the original Federal Reserve...
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Federal Reserve Act, 1913: McFadden Act, 1927; Banking Act of 1933, Banking ...

United States Congress. House. Banking and Currency Committee - 1958 - 908 sider
...country: 1 . Creation of a joint mechanism for the extension of credit to banks which possess sound assets and which desire to liquidate them for the purpose...industrial demands on the part of their clientele. 2. Ultimalo retirement of the present bond-secured currency, with .suitable provision for the fulfillmenf...
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When All Else Fails: Government as the Ultimate Risk Manager

David A. Moss - 2004 - 472 sider
...the "[c]reation of a joint mechanism for the extension of credit to banks which possess sound assets and which desire to liquidate them for the purpose...agricultural, and industrial demands on the part of their clientele."126 At the time, it was widely believed that this new institution would also eliminate the...
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Business Barometers for Anticipating Conditions

Roger W. Babson - 2006 - 449 sider
...sound assets (especially in times of emergency) and which desire to liquidate them for the ourpose of meeting legitimate commercial, agricultural, and...of the present bond-secured currency, with suitable provisions for the fulfillment of government obligations to bondholders. (3) The establishment of a...
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United States Congressional Serial Set, Utgave 6513

1913 - 412 sider
...country: 1. Creation of a joint mechanism for the extension of credit to banks which possess sound assets and which desire to liquidate them for the purpose...industrial demands on the part of their clientele. 2. Ultimate retirement of the present bond-secured currency, with suitable provision for the fulfillment...
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