Banking Act of 1935: Hearing Before ... , 74-1 on H.R. 5357, ... , February 21 ... April 8, 19351935 - 892 pages |
Common terms and phrases
amendment amount assets bankers Banking Act banking system basic commodities bill billion BIRDZELL borrow branch banking BROWN of Michigan capital CAVICCHIA CHAIRMAN commercial banks committee commodity prices Comptroller Congress course CROSS CROWLEY currency debt deflation Deposit Insurance Corporation depositors directors DIRKSEN dollar eligible examination Federal Deposit Insurance Federal Reserve Act Federal Reserve banks Federal Reserve Board Federal Reserve notes Federal Reserve System FISHER FORD funds GIFFORD going GOLDENWEISER GOLDSBOROUGH Government bonds Governor ECCLES HANCOCK HEMPHILL HOLLISTER increase inflation interest issue legislation liability liquidation mean member banks monetary mortgage national banks national income nonmember banks O'CONNOR open-market operations percent President price level price of gold production proposed provision purchasing power question Reconstruction Finance Corporation rediscount savings banks securities SPAHR stability statement thing tion Treasury United VANDERLIP WILLIAMS WOLCOTT
Popular passages
Page 673 - ... for as many persons as there are directors or managers to be elected, or to cumulate said shares, and give one candidate as many votes as the number of directors, multiplied by the number of his shares of stock, shall equal, or to distribute them on the same principle among as many candidates as he shall think fit; and such directors or managers shall not be elected in any other manner.
Page 444 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 444 - Any note, draft, bill of exchange or banker's acceptance which arises out of a current transaction or the proceeds of which have been or are to be used for current transactions...
Page 309 - The Constitution has never been regarded as denying to the Congress the necessary resources of flexibility and practicality, which will enable it to perform its function in laying down policies and establishing standards, while leaving to selected instrumentalities the making of subordinate rules within prescribed limits and the determination of facts to which the policy as declared by the legislature is to apply.
Page 822 - Canada to regulate credit and currency in the best interests of the economic life of the nation, to control and protect the external value of the national monetary unit and to mitigate by its influence fluctuations in the general level of production, trade, prices and employment, so far as may be possible within the scope of monetary action, and generally to promote the economic and financial welfare of the Dominion...
Page 610 - Let me be frank in saying that the United States seeks the kind of dollar which a generation hence will have the same purchasing and debt-paying power as the dollar value we hope to attain in the near future.
Page 55 - System and that consideration has been given to the financial history and condition of the bank, the adequacy of its capital structure, its future earnings prospects, the general character of its management, the convenience and needs of the community to be served by the bank, and whether or not its corporate powers are consistent with the purposes of the Federal Deposit Insurance Act.
Page 53 - Under the existing law, it is the duty of the Comptroller of the Currency, in the case of national banks and of the Federal Reserve Board in the case of...
Page 379 - Board may prescribe, in the joint custody of himself and the Federal reserve bank to which he is accredited. Such agent and such Federal...
Page 174 - State bank and its branches are situated." (5) A member State bank may not establish a branch beyond the corporate limits of the city, town, or village in which it is situated unless such establishment and operation are at the time authorized to State banks by the statute law of the State in question by language specifically granting such authority affirmatively and not merely by implication or recognition.