Draft of "Points Still to Be Embodied"
Title
Draft of "Points Still to Be Embodied"
Creator
Strong, Benjamin, 1872-1928
Identifier
WWP18847
Date
No date
Description
Handwritten revisions to list of policy points.
Source
Benjamin Strong Jr. Papers, New York Federal Reserve Bank
Language
English
Text
POINTS STILL TO BE EMBODIED.
1. Embody Section 18 of the GlassCarter Glass Bill.
2. Application of earnings to retire debt of U.S. See page 18, GlassCarter Glass Bill.
3. Notes may be reissued when redeemed.
4. State enabling act.
5. Amend provision of Federal law as to 10% tax on circulation.
6. Insert provisions now applicable to national bank note circulation as to destruction of mutilated notes, counterfeiting and mutilation of notes and penalties, care of plates, penalty for emiting, etc. All civil and criminal sections applicable to bank notes.
7. Attorney General as advisor.
8. Additional definitions.
9. Final section reserving the right to repeal or amend.
10. General repeal section.
1. Embody Section 18 of the GlassCarter Glass Bill.
2. Application of earnings to retire debt of U.S. See page 18, GlassCarter Glass Bill.
3. Notes may be reissued when redeemed.
4. State enabling act.
5. Amend provision of Federal law as to 10% tax on circulation.
6. Insert provisions now applicable to national bank note circulation as to destruction of mutilated notes, counterfeiting and mutilation of notes and penalties, care of plates, penalty for emiting, etc. All civil and criminal sections applicable to bank notes.
7. Attorney General as advisor.
8. Additional definitions.
9. Final section reserving the right to repeal or amend.
10. General repeal section.
Original Format
Miscellaneous
Files
Collection
Citation
Strong, Benjamin, 1872-1928, “Draft of "Points Still to Be Embodied",” No date, WWP18847, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.