...Reserve Act states, "to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes." Accordingly, the provisions of the Federal Reserve Act dealing with earnings are so framed...

...manuscript entitled "Yea and nay votes in the Senate on the Federal Reserve Act." XWZ HR 7837 [S. 2639,. ; Ԩ Orx5 } m_ a ǟ O} ,[ _ b ? R ;L O O ...% <? [H o 򾜂 0 T Iʵ c } QtG X: Ќ ` 1X purposes. XWZ This bill was passed as Public, no. 43, and is known as the Federal Reserve Act. United...

...Reserve Banks, to furnish an elastic currency, to afford means of rediscount ing commercial paper, to establish a more effective supervision of banking in the united States, and for other purposes". WHY THE SYSTEM WAS ESTABLISHED. The Federal Reserve System was established to remedy the...

...Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes." The chief purpose of this law, so far as it relates directly to the currency, was to provide...

...Federal reserve hanks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America...

...Banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish more effective supervision of banking in the United States, and for other purposes.' Mr. Weeks, as has been stated, was an advocate of the Aldrich-Vreeland Bill in the House,...

...urging the system to curtail it, stating that it has the power to do it, because the reserve act reads: "To establish a more effective supervision of banking in the United States." The language is there, but the authority is lacking. In replying to your communication I have expressed...

...new institutions to be entitled " Federal reserve banks/' to furnish an elastic currency, to afford a means of rediscounting commercial paper and to establish...effective supervision of banking in the United States. The new banks were officially opened for business on November 16, 1914, and the system has accordingly...

...Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes. SEC. 2. As soon as practicable, the Secretary of the Treasury, the Secretary of Agriculture...

...entitled " Federal reserve banks,'' to furnish an elastic currency, to aft'ord a means of rediscountino; commercial paper and to establish a. more effective supervision of banking in the United States. The new banks were officially opened for business on November 1G, 191-1. and the system has accordingly...