Inter-American Development Bank's Role in Agricultural Development: Hearing Before the Subcommittee on International Finance, Committee on Banking and Currency, Eighty-ninth Congress, Second Session. August 29, 1966

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Página 160 - The paramount consideration in the employment of the staff and in the determination of the conditions of service shall be the necessity of securing the highest standards of efficiency, competence, and integrity. Due regard shall be paid to the importance of recruiting the staff on as wide a geographical basis as possible.
Página 138 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under that Act, as amended, are extended to include any purchases of such notes and obligations.
Página 137 - EMPLOYMENT ACT OF 1946, AS AMENDED, WITH RELATED LAWS (60 Stat. 23) [PUBLIC LAW 304— 79TH CONGRESS] AN ACT To declare a national policy on employment, production, and purchasing power, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SHORT TITLE SECTION 1 . This Act may be cited as the "Employment Act of 1946".
Página 148 - III in any of the following ways: (i) By making or participating in direct loans out of its own funds corresponding to its unimpaired paid-up capital and surplus and, subject to Section 6 of this Article, to its reserves.
Página 145 - Bank shall be $10,000,000,000, in terms of United States dollars of the weight and fineness in effect on July 1 , 1944.
Página 164 - Property and assets of the Bank, wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of seizure by executive or legislative action.
Página 161 - Publication of reports and provision of information (a) The Bank shall publish an annual report containing an audited statement of its accounts and shall circulate to...
Página 154 - Valuation of Currencies Whenever it shall become necessary under this Agreement to value any currency in terms of another currency, or in terms of gold, such valuation shall be determined by the Bank after consultation with the International Monetary Fund.
Página 164 - All governors, executive directors, alternates, officers and employees of the Bank (i) shall be immune from legal process with respect to acts performed by them in their official capacity...
Página 139 - Agreement,16 and the face amount of such notes issued to the Bank and outstanding at any one time shall not exceed in the aggregate the amount of the subscription of the United States actually paid to the Bank under article II, section 7(i), of the Articles of Agreement of the Bank.

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