 | United States. Congress. House. Committee on the Judiciary - 1914 - 1174 páginas
...SMITH. Yes; that is one of the things which is prohibited. Section 13 of the reserve act says: But such definition shall not include notes, drafts, or...investments, or issued or drawn for the purpose of carrying on or trading in stocks, bonds, or other invested securities, except bonds and notes of the Government... | |
 | 1914 - 684 páginas
...agricultural bills, where the limit is extended to six months. Bills "covering merely investments ... or drawn for the purpose of carrying or trading in stocks, bonds," &c., are expressly excluded from acceptance. The discount rates for each class of paper are to be fixed... | |
 | 1914 - 710 páginas
...agricultural bills, where the limit is extended to six months. Bills "covering merely investments ... or drawn for the purpose of carrying or trading in stocks, bonds," &c., are expressly excluded from acceptance. The discount rates for each class of paper are to be fixed... | |
 | Alonzo Barton Hepburn - 1915 - 580 páginas
...agricultural products, or other goods, wares, or merchandise from being eligible for such discount ; but such definition shall not include notes, drafts, or...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | Board of Governors of the Federal Reserve System (U.S.) - 1915 - 670 páginas
...agricultural products, or other goods, wares, or merchandise, from being eligible for such discount; but such definition shall not include notes, drafts, or...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | 1915 - 476 páginas
...agricultural products, or other goods, wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts, or...and notes of the government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | American Academy of Political and Social Science - 1915 - 372 páginas
...agricultural products, or other goods, wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts, or...and notes of the government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | Alonzo Barton Hepburn - 1915 - 582 páginas
...agricultural products, or other goods, wares, or merchandise from being eligible for such discount ; but such definition shall not include notes, drafts, or...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | E. T. Roe - 1915 - 534 páginas
...agricultural products, or other goods, wares, or merchandise, from being eligible for such discount; but such definition shall not include notes, drafts, or...and notes of the Government of the United States. Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | Charles Arthur Conant - 1915 - 814 páginas
...field by excluding from the class of securities eligible to protect loans at federal reserve banks ' ' notes, drafts, or bills covering merely investments...and notes of the Government of the United States." Thus, after the new system becomes effective, the element of variability in the money market will be... | |
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Act contained shall be construed to prohibit such notes, drafts and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts,... 
