'Now we have reduced our obligations in this matter to something less than $200,000,000, and we have very much more than that in commercial paper.' " 'Yes, but how are you going to pay debts with commercial paper!' " 'Take it to the Bank of France and... Rural Credit and Multiple Insurance - Page 28by United States. Congress. House. Committee on Banking and Currency, R. C. [from old catalog] Milliken - 1921 - 66 pagesFull view - About this book
| United States. Congress. House. Committee on Banking and Currency - 1913 - 786 pages
...obligations in this manner to something less than $200,000.000. and we have very, very much more than that in commercial paper." ' Yes; but how are you going to...— yes ; the law of its being ; that is what the bank was created for." I assured him his explanation was most interesting, but that no one could do... | |
| Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 pages
...obligations in this matter to something less than $200,000,000, and we have very much more than that in commercial paper.' " 'Yes, but how are you going to...— yes ; the law of its being ; that is what the bank was created for.' "I assured him his explanation was most interesting, but that no one could do... | |
| Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 448 pages
...obligations in this matter to something less than $200,000,000, and we have very much more than that in commercial paper.' " 'Yes, but how are you going to...France to discount your commercial paper without limit T' ' ' ' Law — yes ; the law of its being ; that is what the bank was created for.' "I assured him... | |
| United States Congress. House. Banking and Currency Committee - 1921 - 72 pages
...upon and deduct that.' " ' Yes.' " ' Now we have reduced our obligations in this manner to something less than $200,000,000, and we have very, very much...— yes ; the law of its being ; that is what the bank was created for.' '* Baron Brinkard, when he was before the monetary commission and testified... | |
| 1913 - 1352 pages
...obligations in this manner to something less than $200,000,000, and we have very, very much more than that in commercial paper." " Yes; but how are you going to...it to the Bank of France and get currency for it" And he might have said gold, which Is the same thing — "Could you do that?" " Certainly." " IB there... | |
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