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" The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at a price below par value minus the prescribed margin. "
Monetary, Credit, and Fiscal Policies: Hearings Before the Subcommittee on ... - Page 411
by United States. Congress. Economic Report Joint Committee - 1950 - 570 pages
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United Nations Monetary and Financial Conference: Bretton Woods, New ...

United States. Department of State - Congresses and conventions - 1944 - 136 pages
...basis of their par values. Section 2. Gold purchases based on par values The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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Bretton Woods Agreements Act: Hearings Before the Committee on Banking and ...

United States. Congress. House. Committee on banking and currency, United States. Congress. Senate. Committee on Banking and Currency - Commercial policy - 1945 - 1428 pages
..."Prescribe a margin"; what kind of a margin are you referring to? Mr. WHITE. "The fund shall prescribe a margin above and below par value for transactions in gold by members" ; there is always, in gold transactions, a range -which we speak of technically as the region between...
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Proceedings and Documents, Volume 1

Currency question - 1948 - 1178 pages
...basis of their par values. SECTION 2. Gold purchases based on par values The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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International Organization and Conference Series I. General, Issue 3

United States. Department of State - Congresses and conventions - 1948 - 1168 pages
...basis of their par values. Section 2. Gold purchases based on par values. The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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International Organization and Conference Series ..., Part 1, Issue 3, Volume 1

United States. Department of State - 1948 - 1144 pages
...basis of their par values. SECTION 2. Gold purchases based on par values The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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Monetary, Credit, and Fiscal Policies: Hearings Before the Subcommittee on ...

United States. Congress. Joint Economic Committee - Currency question - 1950 - 588 pages
...the articles of agreement Of the International Monetary Fund provides : " 'The fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin or sell gold at...
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A Decade of American Foreign Policy: Basic Documents, 1941-49

United States. Congress. Senate. Committee on Foreign Relations - United States - 1950 - 1414 pages
...basis of their par values. SECTION 2. GOLD PURCHASES BASED ON PAR VALUES The Fund shall prescribe a and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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Hearings, Reports and Prints of the Joint Economic Committee

United States. Congress. Joint Economic Committee - Legislative hearings - 1976 - 1498 pages
...article IV or section 2 on gold purchases based on par values states : "The Fund shall prescribe a margin above and below par value for transactions in gold by members. No member shall buy gold at a price above par value plus the prescribed margin or sell gold at a price...
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Staff Memorandum on International Lending Agencies

United States. Congress. House. Committee on Foreign Affairs - Banks and banking, International - 1959 - 154 pages
...basis of their par values. SEC. 2. Gold purchases based on par values. — The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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Staff Memorandum on International Lending Agencies

United States. Congress. House. Committee on Foreign Affairs - Banks and banking, International - 1960 - 190 pages
...basis of their par values. SEC. 2. Gold purchases based on par values. — The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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