Gold Reserve Act of 1934: Hearings Before the Committee on Banking and Currency, Volume 1U.S. Government Printing Office, 1934 - Currency question |
Common terms and phrases
amended amount ANDERSON authority balance bank credit bank expansion basis bill bonds BULKLEY CHAIRMAN circulation committee commodity prices currency demand deposits depreciation devaluation economic England excess reserves Executive order export Federal Reserve Act Federal Reserve banks Federal Reserve Board Federal Reserve notes Federal Reserve System figures foreign exchange FRANKLIN D gold bullion gold certificates gold coin gold dollar gold standard gold stock Government securities increase index number inflation investments issued JANNEY KEMMERER loans member bank reserves monetary gold operations percent period President price level price of gold production profit purchasing power purpose question redeemable rediscount regulations rise Secretary Senator ADAMS Senator BARKLEY Senator BYRNES Senator COUZENS Senator GLASS Senator GORE Senator KEAN Senator MCADOO Senator TOWNSEND Senator WAGNER Senator WALCOTT silver stabilization fund thing tion Treasury United value of gold VANDERLIP volume WARBURG WARREN YOUNG
Popular passages
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 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 before...
Page 16 - By virtue of the authority vested in me by Section 5 (b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled "An Act to Provide Relief in the Existing National Emergency in Banking and for other Purposes,
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 19 - By virtue of the authority vested in me by section 5 (b) of the act of October 6, 1917, as amended by section 2 of the act of March 9, 1933, entitled "An act to provide relief in the existing national emergency in banking, and for other purposes," in which amendatory act Congress declared that a serious emergency exists, I, Franklin D.
Page 18 - 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 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 31 - ... all forms of money issued or coined by the United States shall be maintained at a parity with this standard and it shall be the duty of the Secretary of the Treasury to maintain such parity, but in no event shall the weight of the gold dollar be fixed so as to reduce its present weight by more than 50 per centum.
Page 4 - That gold certificates owned by the Federal Reserve banks shall be redeemed at such times and in such amounts as, in the judgment of the Secretary of the Treasury, are necessary to maintain the equal purchasing power of every kind of currency of the United States...
Page 18 - The President may investigate, regulate, or prohibit, under such rules and regulations as he may prescribe, by means of licenses or otherwise, any transactions in foreign exchange and the export, hoarding, melting or earmarking? of gold or silver coin or bullion or currency...