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" 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 of which have been... "
Trust Companies - Página 131
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
..."discount notes, drafts, and bills of exchange arising out of actual commercial transactions — that is, notes, drafts, and bills of exchange issued or drawn...used for such purposes." The Federal Reserve Board was given the right to define the character of paper thus eligible for discount. It was further distinctly...
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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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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 páginas
...maturing in not more than ninety days from the time of the discount, " the Federal Reserve Board having the right to determine or define the character of the paper thus eligible to discount." This definition shall not include notes, drafts, and bills drawn for stock speculation....
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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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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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Gateway, Volumes 21-22

1913 - 492 páginas
...discount notes, drafts and bills of exchange arising out of actual commercial transactions; that is, notes, drafts and bills of exchange issued or drawn...or are to be used, for such purposes, the Federal Rerserve Board to have the right to determine, or define the character of the paper thus eligible to...
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Congressional Serial Set, Edição 6536

1913 - 1030 páginas
...transactions; that is, notes and bills of exchange Issued or drawn for agricultural, industrial, or commercial purposes, the Federal reserve board to have the right...eligible for discount within the meaning of this act; but such distinction shall not include notes or bills issued or drawn for the purpose, of carrying...
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