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" The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United States a sum in gold sufficient in the judgment of the Secretary of the Treasury for the redemption of the Federal reserve notes issued... "
Index-digest of the Federal Reserve Act and Amendments: The Act of December ... - Página 212
por Board of Governors of the Federal Reserve System (U.S.) - 1915 - 490 páginas
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Statutes of the United States of America

United States - 1917 - 706 páginas
...for cancellation and destruction. "The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United...notes issued to such bank, but in no event less than five per centum of the total amount of notes issued less the amount of gold or gold certificates held...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 páginas
...redemption of the particular notes outstanding. Each bank must keep on deposit in the Treasury a sum of gold sufficient in the judgment of the Secretary of the Treasury for the redemption of Federal reserve notes issued to it. This shall not be less than 5 per cent of such notes outstanding,...
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Pending Banking Legislation: Letters by Officers of the National City Bank ...

First National City Bank of New York - 1913 - 88 páginas
...it. The Federal Reserve Board shall have power, in its discretion, to require Federal reserve banks to maintain on deposit in the Treasury of the United States a sum in gold or lawful money equal to five per centum of such amount of Federal Eeserve Treasury notes as may be...
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The Administration Currency Bill: Address

George McClelland Reynolds - 1913 - 32 páginas
...it. The Federal Reserve Board shall have power, in its discretion, to require Federal Reserve banks to maintain on deposit in the treasury of the United States a sum in gold or lawful money equal to 5 per cent of such amount of Federal Reserve Treasury notes as may be issued...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 páginas
...Redemption of Federal Reserve Notes. — The Federal Reserve Board shall require each federal reserve bank The rate ) five per centum; but such deposit of gold shall be counted and included as part of the forty per centum...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 138 páginas
...for cancellation and destruction. The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United...notes issued to such bank, but in no event less than five per centum; but such deposit of gold shall be counted and included as part of the forty per centum...
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Money and Banking

John Thom Holdsworth - 1914 - 464 páginas
...for cancelation and destruction. The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United...notes issued to such bank, but in no event less than five per centum ; but such deposit of gold shall be counted and included as part of the forty per centum...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 páginas
...for cancellation and destruction. The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United...notes issued to such bank, but in no event less than five per centum; but such deposit of gold shall be counted and included as part of the forty per centum...
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Banking: Part I: Banking Principles

1914 - 600 páginas
...well as expand. Every federal reserve bank is required to keep on deposit with the federal treasury a sum in gold sufficient, in the judgment of the Secretary of the Treasury, for the redemption of its notes outstanding, but in no event less than five per cent. This redemption fund may, however,...
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - 1914 - 232 páginas
...per centum of Us unimpaired capital and surplus. He shall require each bank and currency association to maintain on deposit in the Treasury of the United States a sum in gold sufficient in his judgment for the redemption of such notes, but in no event less than five per centum. He may permit...
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