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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... "
Digest of Rulings of the Federal Reserve Board (1914-1923, Inclusive): With ... - Página 28
por Board of Governors of the Federal Reserve System (U.S.) - 1924 - 407 páginas
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The Quarterly Journal of Economics, Volume 28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1914 - 840 páginas
...drafts and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been used or are to be used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and...
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Banking: Part I: Banking Principles

1914 - 600 páginas
...drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or 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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The Quarterly Journal of Economics, Volume 28

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1914 - 858 páginas
...drafts and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been used or are to be used for such purposes." The Federal Reserve Board is authorized to define more precisely the nature and...
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Journal of Accountancy, Volume 18

1914 - 512 páginas
...drafts and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, or 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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Journal of the House of Representatives ... of the ... Legislature, Volume 33

Texas. Legislature. House, Texas. Legislature. House of Representatives - 1914 - 580 páginas
...drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes, the Föderal Reserve Board to have the right to determine or define the character...
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Why the Democrats Must Go: Or, The Elimination of Inefficiency: a Political ...

Louis Pope Gratacap - 1914 - 164 páginas
...drafts and bills of exchange, issued or drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been used or are to be used for such purposes," and in the issuance of federal reserve notes. These extended privileges will inevitably...
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A History of Currency in the United States

Alonzo Barton Hepburn - 1915 - 580 páginas
...drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or 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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University Lectures Delivered by Members of the Faculty in the Free Public ...

University of Pennsylvania - 1915 - 622 páginas
...drafts and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes." It might appear at first hand easy to draft regulations which will accomplish this...
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The Practical Work of a Bank: A Treatise on Practical Banking which Aims to ...

William Henry Kniffin - 1915 - 644 páginas
...bill eligible for rediscount at a Federal Reserve Bank, has determined: (a) That it must be a bill the proceeds of which have been used or are to be used in producing, purchasing, carrying, or marketing goods in one or more of the steps of the process of...
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The Annals of the American Academy of Political and Social Science, Volume 59

1915 - 476 páginas
...to be eligible, must "arise out of actual commercial transactions" which are explained to be paper, "the proceeds of which have been used or are to be used for such purposes." The inclusion of paper, the proceeds of which are to be used, opens up one of the...
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