Book Description
Considers. S. 714, to authorize education and home mortgage loans to executive officers of Federal Reserve member banks and Federal credit unions. S. 966, to authorize an extension of credit to the commercial banks from the Federal Reserve banks on their promissory notes secured by Government obligations called eligible papers. S. 965, to authorize Federal Reserve banks to buy and sell short term foreign government securities that are payable in convertible currencies to safeguard the international dollar.