...drawn on in time of trouble ; and, finally, that " the control of the system of banking and of issues which our new laws are to set up must be public, not...business and of individual enterprise and initiative." U'e cannot too often repeat that we are in hearty accord with the last-stated principle of Federal...

...principles on which the proposed action is based : The principles upon which \ve should act are also clear. The country has sought and seen its path in this matter...business and of individual enterprise and initiative. The committees of the Congress to which legislation of this character is referred have devoted careful...

...set up must be public, not private, must be vested In the Government Itself, so that the banks may he the Instruments, not the masters, of business and of Individual enterprise and Initiative. The Owen-Glass BUI.— The Federal Reserve Act was introduced on June 26, in the Senate by Senator Owen...

...personal and corporate dealings. Our banking laws must mobilize reserves; must not permit the contraction anywhere in a few hands of the monetary resources...the instruments, not the masters, of business and of industrial enterprise and initiative." Commended by Investment Bankers. —At a meeting of the board...

...also clear. The country has sought and seen its path in this matter within the last few years — seen it more clearly now than it ever saw it before —...and of individual enterprise and initiative. ' ' The committees of the Congress to which legislation of this character is referred have devoted careful...

...this matter within the last few years— seen it more clearly now than it ever saw it before—much more clearly than when the last legislative proposals...and of individual enterprise and initiative. '' The committees of the Congress to which legislation of this character is referred have devoted careful...

...personal and corporate dealings. Our banking laws must mobilize reserves; must not permit the contraction anywhere in a few hands of the monetary resources...the Instruments, not the masters, of business and of industrial enterprise and Initiative." Commended by Investment Bankers. —At a meeting of the board...

...more legitimate, more fruitful uses. And the control of the system of banking and of issue which our laws are to set up must be public, not private, must...business and of individual enterprise and initiative. * * *. —From President Wilson's address to Congress, April 23, 1913. BUILDING A CONSCIENCE INTO BUSINESS....

...issue which our laws are to set up must be public, not private, muut be vested in the Government iuclf, so that the banks may be the instruments, not the...business and of individual enterprise and initiative. * * *. — From President Wilson's address to Congress, April 23, 1913. DUILDINd A CONSCII-NCn INTO...

...upon you with solemn and urgent insistence. The principles upon which we should act are also clear. The country has sought and seen its path in this matter...business and of individual enterprise and initiative. The committees of the Congress to which legislation of this character is referred have devoted careful...