...for cancellation and destruction. " The Federal Reserve Board shall require each Federal reserve bank to maintain on deposit in the Treasury of the United...gold sufficient in the judgment of the Secretary of lite Treasury for the redemption of the Federal reserve notes issued to such bank, but in no event...

...Federal reserve board shall [have power, in its discretion, toj require each Federal reserve [banks] bank to maintain on deposit in the Treasury of the United States a sum in gold [equal to five per centum of] sufficient in the judgment of the Secretary of the Treasury for the redemption...

...issued. 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 equal to five per centum of such amount of Federal reserve notes as may be issued to them under the...

...destruction. "The Board of Governors of the Federal Reserve System shall require each Federal Reserve bank to maintain on deposit in the Treasury of the United States a sum in gold certificates sufficient in the judgment of the Secretary of the Treasury for the redemption of the...

...maintain on deposit in the Treasury of the United States a sum in gold equal to five per centum of sufficient in the judgment of the Secretary of the Treasury for the redemption of auch amount of the Federal reserve notes aa may be issued to them under tho provisions of this Ae*...

...referring to, please ? Mr. VANDERLIP. On page 32 it is provided that the Federal reserve banks must "maintain on deposit in the Treasury of the United States a sum in gold equal to 5 per cent of such amount of Federal reserve notes," etc. On the preceding page it says, line...