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Calendar No. 107.
63d t

SENATE.

1st

JRept. 133,

( Part 1.

B A N K IN G AND CU RREN CY.

November 22, 1913.—Ordered 16 be printed with the individual views of the
members of the committee.

Mr. Owen, from the Committee on Banking and Currency, submitted
the following

REPORT.
[To accompany H. R. 7837.]

The Committee on Banking and Currency, to which was referred
the bill (H . R. 7837) to provide for the establishment of Federal
reserve banks, for furnishing an elastic currency, affording means of
rediscounting commercial paper, and to establish a more effective suervision o f banking in the United States, and for other purposes,
aving considered the measure, report the same to the Senate with­
out recommendation.

E