This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1913 Excerpt: ...under the provisions of section sixteen (d) of this act may deposit In the Federal reserve note fund such portion of the purchase price, under regulations to be framed by the Federal reserve board, as may be sufficient for the retirement of the national bank notes then outstanding secured by the United States bonds surrendered; and all acts or parts of acts limiting the amount of such deposits are hereby repealed. (See sec. 4, act of Mar. 4, 1907.) Skc. 1C (f). The Interest upon United States bonds held in the Federal reserve note fund may be employed, in the discretion of the Federal reserve board, for the purchase of gold coin or bullion for maintaining the reserve in gold held against outstanding Federal reserve notes; for the creation and maintenance of a guaranty fund for...

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