Sections of the New Bill with Revisions

Title

Sections of the New Bill with Revisions

Creator

Strong, Benjamin, 1872-1928

Identifier

WWP18878

Date

No date

Source

Benjamin Strong Jr. Papers, New York Federal Reserve Bank

Language

English

Text

Sections of the new bill:
1. Short title.1½ Definitions
2. Organization Committee.
3. Compensation and appropriation for the Committee.
4. Stock issue.
5. Certificate of Organization Committee.
6. Issue of charter by Comptroller.
7. Organization of permanent Board.
8. Terms of office, etc., of Board.
9. Powers of Federal Reserve Board.
10. Earnings.
11. Business of the Federal Reserve Board.
12. Fiscal agency and depository.
13. General fund and transfer thereof.
14. General functions of the Bank.
15. Operation and collection charges.
16. Liens of Federal Reserve Bank.
17. Limitation on discounts.
18. Restrictions on indebtedness.
19. Acceptances.
20. Note issues and circulation.
21. Printing notes.
22. Reserves of national banks.
23. Classification of national banking associations abolished.
24. General reserves.
25. Rate of discount.
26. Refunding notes.
27. Purchase of 2% bonds.
28. State banks as depositors.
29. Bank examinations.30. Prohibited Compensation.
31. Additional Privileges to National Banks.
32. Repeal Clause.
33. Amendment Clause

Original Format

Miscellaneous

Files

http://resources.presidentwilson.org/wp-content/uploads/2017/03/D08496.pdf

Citation

Strong, Benjamin, 1872-1928, “Sections of the New Bill with Revisions,” No date, WWP18878, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.