Deutsche Geschichte: Urzeit und Mittelalter

The Federal reserve act (approved December 23, 1913) as amended to March 4, 1931

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Multivolume work

Identifikator:: 1892063557

Document type:: Multivolume work

Author:: Lamprecht, Karl http://d-nb.info/gnd/118569015

Title:: Deutsche Geschichte

Place of publication:: Berlin

Publisher:: Gaertner

Year of publication:: 1891-

Collection:: Economics Books

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Volume

Identifikator:: 1892064901

URN:: urn:nbn:de:zbw-retromon-238006

Document type:: Volume

Author:: Lamprecht, Karl http://d-nb.info/gnd/118569015

Title:: Urzeit und Mittelalter

Volume count:: Abt. 1

Place of publication:: Freiburg im Breisgau

Publisher:: Heyfelder

Year of publication:: 1904

Scope:: XIX, 488 S.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Multivolume work

Structure type:: Chapter

Title:: Zwölftes Buch

Collection:: Economics Books

~~ “le FEDERAL RESERVE ACT Src. 11 “No Federal reserve bank shall have authority here- after to enter into any contract or contracts for the erec- tion of any branch bank building of any kind or char- acter, or to authorize the erection of any such building, if the cost of the building proper, exclusive of the cost of the vaults, permanent equipment, furnishings, and fix- tures, is in excess of $250,000: Provided, That nothing herein shall apply to any building under construction prior to June 3, 1922.” asamendedby Sec. 11. The Federal Reserve Board shall be suthor- cts approved . Sept. 7 Aue @ 1zed and empowered: } 101); Sop 2 (a) To examine at its discretion the accounts, books hap, 17; Mar and affairs of each Federal reserve bank and of each 1314, chap. 1015: member bank and to require such statements and reports Peb. 27, 1021 (41 . : 3iat, 14g, chap. as it may deem necessary. The said board shall publish do stat,” sis, once each week a statement showing the condition of I each Federal reserve bank and a consolidated statement for all Federal reserve banks. Such statements shall show in detail the assets and liabilities of the Federal reserve banks, single and combined, and shall furnish full information regarding the character of the money held as reserve and the amount, nature and maturities of the paper and other investments owned or held by Federal reserve banks. (b) To permit, or, on the affirmative vote of at least five members of the Reserve Board to require Federal reserve banks to rediscount the discounted paper of other Federal reserve banks at rates of interest to be fixed by the Federal Reserve Board. (c) To suspend for a period not exceeding thirty days, and from time to time to renew such suspension for pe- riods not exceeding fifteen days, any reserve requirements specified in this Act: Provided, That it shall establish a graduated tax upon the amounts by which the reserve requirements of this Act may be permitted to fall below the level hereinafter specified: And provided further, That when the gold reserve held against Federal reserve notes falls below forty per centum, the Federal Reserve Board shall establish a graduated tax of not more than one per sentum per annum upon such deficiency until the reserves fall to thirty-two and one-half per centum, and when said reserve falls below thirty-two and one-half per centum, a tax at the rate increasingly of not less than one and one-half per centum per annum upon each two and one-

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