Banking Act of 1935: Hearings Before the Committee on Banking and Currency, House of Representatives, Seventy-fourth Congress, First Session, on H.R. 5357, a Bill to Provide for the Sound, Effective, and Uninterrupted Operation of the Banking System, and for Other Purposes. February 21, 22, 26, 27, 28, March 1, 4, 5, 6, 11, 12, 13, 14, 15, 18, 19, 20, 21, 22, 25, 26, 27, 28, April 2, 8, 1935U.S. Government Printing Office, 1935 - 882 pages |
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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 cotton course CROSS CROWLEY currency debt deflation Deposit Insurance Corporation depositors 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 mean member banks monetary mortgage national banks national income nonmember banks O'CONNOR open-market operations percent price level price of gold production proposed provision purchasing power question Reconstruction Finance Corporation rediscount REILLY savings banks securities SPAHR stabilize statement thing tion Treasury United VANDERLIP WILLIAMS WOLCOTT
Popular passages
Page 448 - 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 306 - 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: Therefore, . . ." — Preamble to the Bank of Canada Act a BANK OF CANADA 5-2to...
Page 448 - 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 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.
Page 58 - State bank, or to the Board of Governors of the Federal Reserve System in the case of a State member bank...
Page 224 - Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts, dividend requirements as hereinbefore provided, and the par value of the stock, shall be paid to and become the property of the United States and shall be similarly applied.
Page 309 - The Congress manifestly is not permitted to abdicate, or to transfer to others, the essential legislative functions with which it is thus vested. Undoubtedly legislation must often be adapted to complex conditions involving a host of details with which the national legislature cannot deal directly.