The Aldrich Currency Reform System Analysed How the Proposed System Would Work
The Aldrich Currency Reform System Analysed How the Proposed System Would Work
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In our eReader you can find the full English version of the book. Read The Aldrich Currency Reform System Analysed How the Proposed System Would Work Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Aldrich Currency Reform System Analysed How the Proposed System Would Work
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These bills of exchange must arise from commercial trans- actions and be of a maturity not exceeding ninety days, and shall bear the signatures of at least three responsible parties, of which the last one shall be that of a deposit- ing bank.
" The Reserve Association shall have power to open Foreign and maintain banking accounts in foreign countries and Agencies to establish agencies in foreign countries for the purpose of purchasing and selling and collecting foreign bills of exchange, and it... shall have authority to buy and sell, through such agencies, prime foreign bills of exchange arising from commercial transactions, running for a period not exceeding ninety days, and bearing the signatures of two or more responsible parties. " (24) Any bank having a balance with the Reserve Transfer of Association of America may, on notification to the officers Balance* of the Association, transfer any part of its balance to any other branch or to any affiliated bank. The executive committee of the Reserve Association shall fix rates and terms for such transfers by mail or telegraph.
What to read after The Aldrich Currency Reform System Analysed How the Proposed System Would Work?
You can find similar books in the "Read Also" column, or choose other free books by Frank C Francis Carlos Higgins to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
These bills of exchange must arise from commercial trans- actions and be of a maturity not exceeding ninety days, and shall bear the signatures of at least three responsible parties, of which the last one shall be that of a deposit- ing bank.
" The Reserve Association shall have power to open Foreign and maintain banking accounts in foreign countries and Agencies to establish agencies in foreign countries for the purpose of purchasing and selling and collecting foreign bills of exchange, and it... shall have authority to buy and sell, through such agencies, prime foreign bills of exchange arising from commercial transactions, running for a period not exceeding ninety days, and bearing the signatures of two or more responsible parties. " (24) Any bank having a balance with the Reserve Transfer of Association of America may, on notification to the officers Balance* of the Association, transfer any part of its balance to any other branch or to any affiliated bank. The executive committee of the Reserve Association shall fix rates and terms for such transfers by mail or telegraph.
What to read after The Aldrich Currency Reform System Analysed How the Proposed System Would Work?
You can find similar books in the "Read Also" column, or choose other free books by Frank C Francis Carlos Higgins to read onlineMoreLess
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