Gold Reserve Act of 1934: Hearings Before the Committee on Banking and Currency, Volume 2
U.S. Government Printing Office, 1934 - Currency question - 315 pages
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actual amended amount ANDERSON authority basis believe bill Board bonds bullion CHAIRMAN circulation committee commodities course currency demand deposits devaluation dollar economic effect England excess expansion export fact Federal Reserve banks Federal Reserve Board figures fixed foreign exchange fund give gold certificates gold coin gold standard Government held important increase inflation interest investments issued less limit loans March mean member banks monetary notes operations percent period person present President price level production profit purchase question raise reason regulations result rise Secretary securities Senator BARKLEY Senator Glass Senator GORE Senator KEAN Senator McAdoo silver situation stabilization statement thing tion Treasury understand United VANDERLIP volume WARBURG WARREN York Young
Page 129 - Act of 1923, as amended, and may, without regard to the provisions of the civil service laws and the Classification Act of 1923, as amended...
Page 19 - Secretary or his delegate shall constitute public records; but, except as hereinafter provided in this section, they shall be open to inspection only upon order of the President and under rules and regulations prescribed by the Secretary or his delegate and approved by the President.
Page 21 - Act, but the repeal of existing laws or modifications thereof embraced in this Act shall not affect any act done, or any right accruing or accrued, or any suit or proceeding had or commenced in any civil cause...
Page 18 - ... shall, upon conviction, be fined not more than $10,000 or, if a natural person, may be imprisoned for not more than ten years, or both; and any officer, director, or agent of any corporation who knowingly participates in such violation may be punished by a like fine, imprisonment, or both. As used in this subdivision the term "person" means an individual, partnership, association, or corporation.
Page 3 - State to another, or to a foreign country, shall be forfeited to the United States, and may be seized and condemned by like proceedings as those provided by law for the forfeiture, seizure and condemnation of property imported into the United States contrary to law.
Page 21 - States ; and he may require any su.ch person engaged in any such transaction to furnish, under oath, complete information relative thereto, including the production of any books of account, contracts, letters or other papers, in connection therewith in the custody or control of such person, either before or after such transaction is completed.
Page 2 - All Federal reserve notes and all gold, gold certificates and lawful money issued to or deposited with any Federal reserve agent under the provisions of the Federal reserve act shall hereafter be held for such agent, under such rules and regulations as the Federal Reserve Board may prescribe, in the joint custody of himself and the Federal reserve bank to which he is accredited.
Page 31 - States legal tender notes, and when any of said notes may be redeemed or be received into the treasury, under any law, from any source whatever, and shall belong to the United States, they shall not be retired, canceled or destroyed ; but they shall be reissued and paid out again, and kept in circulation...
Page 2 - Treasurer otherwise than for redemption may be exchanged for gold certificates out of the redemption fund hereinafter provided and returned to the Reserve bank through which they were originally issued, or they may be returned to such bank for the credit of the United States.