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" Federal reserve bank may discount notes, drafts, and bills of exchange! arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds... "
The American Industrial Opportunity - Página 226
por American Academy of Political and Social Science - 1915
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Outlines of Economics

Richard Theodore Ely - 1893 - 826 páginas
...federal reserve system. Federal reserve banks may rediscount (for their member banks) shorttime notes and bills of exchange " issued or drawn for agricultural, industrial, or commercial purposes," and conforming to certain specifications which have been carefully formulated by the Federal Reserve...
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Yearbook of agriculture. 1914

1915 - 808 páginas
...reserve bank might "discount notes, drafts, and bills of exchange arising out of actual commercial transactions — that is, notes, drafts, and bills...the proceeds of which have been used or are to be used for such purposes." The Federal Reserve Board was given the right to define the character of paper...
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Motor West: Automotive Trade Leader in America's Leading Market, Volume 35

1921 - 672 páginas
...business and all paper which is eligible under the terms of section 13 of the Federal Reserve act, that is, notes, drafts and bills of exchange issued or drawn for commercial, agricultural and industrial purposes, is eligible for rediscount at any Federal Reserve...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 páginas
...Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions ; that is, notes, drafts, and bills of...the proceeds of which have been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define the character...
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Suggested Plan for Monetary Legislation

Nelson Wilmarth Aldrich - 1911 - 30 páginas
...arising out of commercial transactions. (This language, whenever used, is intended to apply to all notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not for carrying stocks, bonds, or other investment securities.) Such notes and bills must have...
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Banking Reform

James Laurence Laughlin - 1912 - 452 páginas
...deposit with it, notes and bills of exchange arising out of commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, and not including notes or bills issued or drawn for the purpose of carrying stocks, bonds, or other...
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The Americana: A Universal Reference Library, Comprising the Arts ..., Volume 21

Frederick Converse Beach, George Edwin Rines - 1912 - 822 páginas
...it, notes and bills of exchange arising out of commercial transactions, by which term is meant notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not for carrying stocks, bonds, or other investment securities. Such notes and bills must have...
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U.S. Money Vs. Corporation Currency, "Aldrich Plan.": Wall Street ...

Alfred Owen Crozier - 1912 - 434 páginas
...deposit with it, notes and bills of exchange arising out of commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not including notes or bills issued or drawn for the purpose of carrying stocks, bonds, or other...
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Great Leaders and National Issues of 1912: Containing the Lives and Services ...

L. T. Myers - 1912 - 372 páginas
...their reserves. Commercial paper available for this purpose, as defined by the plan, includes all notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, but not for carrying stocks, bonds, or other investment securities. This will enable the banks of the...
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Gateway, Volumes 21-22

1913 - 492 páginas
...Federal reserve bank may discount notes, drafts and bills of exchange arising out of actual commercial transactions; that is, notes, drafts and bills of...the proceeds of which have been used, or are to be used, for such purposes, the Federal Rerserve Board to have the right to determine, or define the character...
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