Supplementary Bond Legislation ...: Hearing ... September 12, 19181918 - 39 страница |
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Страница 4
... wise and that the arguments advanced in favor of it were sound . It will not do , however , to press any theory , however sound , to an extremity , and it is obvious that as a practical matter we can not keep the interest rate on ...
... wise and that the arguments advanced in favor of it were sound . It will not do , however , to press any theory , however sound , to an extremity , and it is obvious that as a practical matter we can not keep the interest rate on ...
Страница 5
... wise and expedient thing is to grant a limited exemption calculated to counterbalance the increase in surtax rates now contemplated , and which I believe will be only temporary , rather than to increase the interest rate on liberty ...
... wise and expedient thing is to grant a limited exemption calculated to counterbalance the increase in surtax rates now contemplated , and which I believe will be only temporary , rather than to increase the interest rate on liberty ...
Страница 10
... wise to take steps look- ing to the coordination of the Liberty loan and war savings organiza- tions . The Liberty loan organization was from the beginning con- structed on a Federal reserve district basis . That policy of decen ...
... wise to take steps look- ing to the coordination of the Liberty loan and war savings organiza- tions . The Liberty loan organization was from the beginning con- structed on a Federal reserve district basis . That policy of decen ...
Страница 14
... wise at this time to ask you either to increase the authorized amount or to remove the limit - which the Treasury would prefer , because the limit does create just this sort of misapprehension that when we say $ 2,000,000,000 we expect ...
... wise at this time to ask you either to increase the authorized amount or to remove the limit - which the Treasury would prefer , because the limit does create just this sort of misapprehension that when we say $ 2,000,000,000 we expect ...
Страница 15
... wise to issue these certificates with that privilege in very large denominations or in very large amounts to single holders , and therefore restrictions should exist . On the other hand , the Secretary feels that a year's work has been ...
... wise to issue these certificates with that privilege in very large denominations or in very large amounts to single holders , and therefore restrictions should exist . On the other hand , the Secretary feels that a year's work has been ...
Чести термини и фразе
Argentina August August 20 authorized believe billion bond bill bondholders bonds and certificates borrow capital and surplus cent certificates of indebtedness CHAIRMAN CLAUDE KITCHIN Comptroller Currency earmark estimated exceed exchange exemption from surtaxes expenditures Federal reserve banks Federal reserve district FORDNEY fourth liberty loan fourth loan FRANKLIN GARNER gold Government bonds holders income and profits income taxes increase India issued in anticipation LEFFINGWELL liberty bonds liberty loan converted limit loan organization LONGWORTH maturity value means MOORE national war savings necessary notes secured Ohio payable payment pesetas profits taxes Quota RAINEY rate of interest Results of third rules and regulations savings committee savings organization Secretary McAdoo secured by liberty situation sold Spain STERLING subscribed surtax rates taxation taxpayer third Liberty loan tion Total TREADWAY Treasury certificates Treasury Department United States dollar Vanderlip war-savings certificates war-savings stamps wise
Популарни одломци
Страница 38 - States, shall (except to the extent permitted by rules and regulations prescribed by the Comptroller of the Currency, with the approval of the Secretary of the Treasury) be subject under this section to a limitation of 15 per centum of such capital and surplus in addition to such 10 per centum of such capital and surplus.
Страница 37 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Страница 18 - Any and all notes, debentures, bonds or other such obligations issued by the corporation shall be exempt both as to principal and Interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any territory, dependency or possession thereof, or by any state, county, municipality or local taxing authority.
Страница 19 - ... and war-profits taxes, now or hereafter imposed by the United States, upon the income or profits of individuals, partnerships, corporations, or associations. The interest on an amount of such bonds the principal of which does not exceed in the aggregate...
Страница 18 - Corporation shall be exempt, both as to principal and interest, from all taxation now or hereafter imposed by the United States, any State, or any of the possessions of the United States...
Страница 34 - That the President may investigate, regulate, or prohibit, under such rules and regulations as he may prescribe, by means of licenses or otherwise, any transactions in foreign exchange, export or ear-markings of gold or silver coin or bullion or currency...
Страница 38 - That the total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in...
Страница 19 - General provisions. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to perform any necessary acts under this circular.
Страница 6 - The idea that a special exemption should be granted to foreign investors in United States bonds first appeared in section 3 of the Fourth Liberty Bond Act of July 9, 1918, 40 Stat. 845. This provided : "SEC. 3. That notwithstanding the provisions of the Second Liberty Bond Act, as amended by the Third Liberty Bond Act, or of the War Finance Corporation Act, bonds and certificates of indebtedness of the United States payable in any foreign money or foreign moneys, and bonds of the War Finance Corporation...
Страница 3 - JOSEPH W. FORDNEY, Michigan. J. HAMPTON MOORE, Pennsylvania. WILLIAM R. GREEN, Iowa. CHARLES H. SLOAN, Nebraska. NICHOLAS LONGWORTH, Ohio. GEORGE W. FAIRCHILD, New York. JOHN A. STERLING, Illinois. WHITMELL P. MARTIN, Louisiana. WILLIS C. HAWLEY, Oregon. ALLEN T. TREADWAY, Massachusetts.