Federal reserve 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... Personal Rural Credits - Seite 71von United States. Congress - 1915 - 194 SeitenVollansicht - Über dieses Buch
| 1915 - 808 Seiten
...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 used or are to be used for such purposes." The Federal Reserve Board was given the right to define... | |
| Horace White - 1911 - 576 Seiten
...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 used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1913 - 1142 Seiten
...bills of exchange arising out of the commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used or may be used for such purposes; tlie Federal reserve board to have the right to determine or... | |
| 1913 - 492 Seiten
...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 used, or are to be used, for such purposes, the Federal Rerserve Board to have the right to determine,... | |
| United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 Seiten
...and bills of exchange arising out of a commercial transaction; that is, notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or may be used, for such purposes. That is not commercial paper at all. according to any known... | |
| 1914 - 512 Seiten
...important, the act limits the rediscount privilege to acceptances and "notes, 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... | |
| Louis Pope Gratacap - 1914 - 164 Seiten
...— in the possibility of rediscounting commercial paper, as "notes, 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... | |
| Washingto: Goverment Printing Office - 1914 - 394 Seiten
...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 used or are to be used for such purposes." The Federal Reserve Board was given the right to define... | |
| Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 Seiten
...for rediscount. This commercial paper is defined in the Act as "notes, 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 application of this definition may be subject to... | |
| Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1914 - 840 Seiten
...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 used or are to be used for such purposes." The Federal Reserve Board is authorized to define more precisely... | |
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