Personal Rural Credits, Volumes 1-6 |
From inside the book
Page 110
... related to their field , for example , that afforesta- tion would be done by the Forest Department . An entity independent of each department needs to be constituted which would involve the local people and identify them with the ...
... related to their field , for example , that afforesta- tion would be done by the Forest Department . An entity independent of each department needs to be constituted which would involve the local people and identify them with the ...
Common terms and phrases
6.2 District agricultural amount banker borrowers branch banks capital CARTER GLASS Chairman Moss commission committee Comptroller WILLIAMS cotton crop Dakota depositors deposits discount District 9 DOCKERY dollars East North Central fact farm mortgages Federal reserve act Federal reserve banks Federal Reserve Board Federal Reserve System funds Georgia Germany give HARDING HOKE SMITH insurance companies interest charged interest rates investment KNUTE NELSON land Landschaft bonds limit loans to farmers LUBIN member banks merchant money lenders months mortgage loans national banks North Central Oklahoma open market organization paper permit postal savings present question rate of interest rediscount Representative HAWLEY Representative HAYES Representative LEVER Representative PHELAN savings banks Secretary HOUSTON sections sell Senator BRADY Senator HOLLIS Senator SMITH short-time loans sion small banks South Carolina statement SUBCOMMITTEE THOMPSON tion United usury
Popular passages
Page 41 - On this question of principle, while actual suffering was yet afar off, they raised their flag against a power, to which, for purposes of foreign conquest and subjugation, Rome, in the height of her glory, is not to be compared ; a power which has dotted over the surface of the whole globe with her possessions and military posts, whose morning drum-beat, following the sun, and keeping company with the hours, circles the earth with one continuous and unbroken strain of the martial airs of England.
Page 195 - Photostatic copy in the files of the Committee on Banking and Currency of the United States Senate...
Page 69 - ... such definition shall not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities, except bonds and notes of the Government of the United States.
Page 55 - ... allowed by the laws of the State or territory where the bank is located, and no more, except that where by the laws of any State a different rate is limited for banks of issue, organized under State laws, the rate so limited shall be allowed for associations organized in any such State under this act.
Page 55 - District, the bank may take, receive, reserve, or charge a rate not exceeding 7 per cent, and such Interest may be taken In advance, reckoning the days for which the note, bill, or other evidence of debt has to run.
Page 71 - It must not be a note, draft, or bill of exchange the proceeds of which have been used or are to be used for permanent or fixed investments of any kind, such as land, buildings or machinery, or for any other fixed capital purpose...
Page 71 - Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes...
Page 48 - ... one published nearest thereto in the same county, at the expense of the association; and such proof of publication shall be furnished as may be required by the Comptroller. The Comptroller shall also have power to call for special reports from any particular association whenever in his judgment the same are necessary in order to a full and complete knowledge of its condition.
Page 153 - The board of trustees shall take from such banks such security in public bonds or other securities, supported by the taxing power, as the board may prescribe, approve, and deem sufficient and necessary to insure the safety and prompt payment of such deposits on demand.
Page 70 - Provided, That notes, drafts, and bills drawn or issued for agricultural purposes or based on live stock and having a maturity not exceeding six months may be discounted in an amount to be limited to a percentage of the capital of the Federal reserve bank, to be ascertained and fixed by the Federal Reserve Board.