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INDEX OF RECOMMENDATIONS OF THE FEDERAL
ADVISORY COUNCIL TO THE FEDERAL
RESERVE BOARD, 1927

Acceptances
Page
Tax of 1312 per cent imposed on discount received by any foreign corĀ­
poration from American bankers acceptances
Nov. 18, 1927
Topic 1 ....................................... 4
Recommendation by Secretary of the Treasury to the Congress
Nov. 18, 1927
Recommendation 1 ....................................... 4
New ruling submitted by Federal Reserve Board
Nov. 18, 1927
Recommendation 2 .................._
4
Aid to member bank in weakened condition
Feb. 18, 1927

Topic 2

....................................... 1

Audited statements in connection with bills discounted for member banks
Sept. 16, 1927
Recommendation 1 ....................................... 3
Cuban Agency

May 20, 1927

Recommendation 1

....................................... 2

Discount
Taxation of
Nov. 18, 1927

Recommendation 1

..........................

Discount rates
Feb. 18, 1927

Recommendation 1

...........................

Eligibility of notes endorsed by officers of non-member banks
Sept. 16, 1927
Topic 2 ...........................
Federal Reserve banks
Rediscount and open market policies
Feb. 18, 1927
Topic 1

...........................

Member bank in weakened condition
Feb. 18, 1927
Recommendation 2

...........................

Notes endorsed by officers of non-member banks
Sept. 16, 1927
Topic 2

...........................

Open market policy of Federal Reserve banks
Feb. 18, 1927
Recommendation 1

...........................




Open market operations
May 20, 1927

Topic 2

p age
..............................................2

par points
Diminution of number of
Feb. 18, 1927

Topic 3

....................................... 1

Recommendation 1

....................................... 1

Rates

Discount policy
Feb. 18, 1927

Rediscounting of paper endorsed by officers of non-member banks

Sept. 16, 1927

Recommendation 2

....................................... 3

Tax on discount received by any foreign corporation from American bankers
acceptances
Nov. 18, 1927
Recommendation 1 ....................................... 4