Monetary Policy and the Management of the Public Debt: Hearings Before the Subcommittee on General Credit Control and Debt Management of the Joint Committee on the Economic Report, Congress of the United States, Eighty-second Congress, Second Session, Pursuant to Section 5 (A) of Public Law 304, 79th Congress ...
U.S. Government Printing Office, 1952 - Credit - 993 pages
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accord action agencies amount answer authority believe billion bonds borrowing central Chairman changes committee Congress cost course debt defense demand deposits desirable direct discussion dollar economic effect executive expansion fact factor Federal Reserve banks Federal Reserve Board Federal Reserve System financing funds give going gold Government securities hold important income increase inflation inflationary interest investment issue KEYSERLING less loans March MARTIN matter mean measures ment monetary policy money supply necessary objectives operations percent period position possible present President pressures problem production purchase question reason Representative BOLLING Representative PATMAN requirements responsibility restraint result rise savings Secretary SNYDER seems Senator Douglas Senator FLANDERS situation spending stability statement suggest things tion Treasury United WOLCOTT
Page 453 - ... conditions under which there will be afforded useful employment opportunities, including self-employment, for those able, willing, and seeking to work, and to promote maximum employment, production, and purchasing power.
Page 453 - Congress hereby declares that it is the continuing policy and responsibility of the Federal Government to use all practicable means consistent with its needs and obligations and other essential considerations of national policy, with the assistance and cooperation of industry, agriculture, labor, and State and local governments, to coordinate and utilize all its plans, functions, and resources for the purpose of creating and maintaining, in a manner calculated to foster and promote free competitive...
Page 486 - Section, Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551. «9 1990 1 Total funds advanced in credit markets to domestic OJ Q2' Q3' Q4
Page 78 - The doctrine of the separation of powers was adopted by the Convention of 1787, not to promote efficiency but to preclude the exercise of arbitrary power. The purpose was, not to avoid friction, but, by means of the inevitable friction incident to the distribution of the governmental powers among three departments, to save the people from autocracy.
Page 88 - Act of 1946; and (2) it is the will of Congress that the primary power and responsibility for regulating the supply, availability and cost of credit in general shall be vested in the duly constituted authorities of the Federal Reserve...
Page 127 - DIDC consists of the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, the Chairman of the Board of...
Page 804 - An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.
Page 597 - I am inviting a group of our leading bankers to meet with me, the Secretary of the Treasury and the Chairman of the Federal Reserve Board in the near future.
Page 3 - Monetary Policy and the Management of the Public Debt, Report of the Subcommittee on General Credit Control and Debt Management of the Joint Committee on the Economic Report, Congress of the United States, Senate Document No. 163, 82d Cong., 2d Sess. Washington: United States Government Printing Office, 1952. Monetary Policy and the Management of the Public Debt...
Page 524 - These discussions preceded the working out of the accord between the Treasury and the Federal Reserve concerning policies that deal with their related problems. The following joint announcement was made on March 3, 1951, for publication March 4, by the Secretary of the Treasury and the Chairman of the Board of Governors and of the Federal Open Market Committee of the Federal Reserve System...