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a. 1. 3*«, for .xanpl., I. S. Qarrlaon. Itooa.T.n. WUaon. ana MS K.a.nrc Law, bo «ton. 1931J H. P. #inia, TCa W W T aoa Prapiloa o T ^0antral Banking. H«w Tork, 1 9 3 T T 2. 63rd. Comfr.aa, 1st n Report Noa p. 4«. 3. Ibid.. p. 48. 4. H. i*. Willis and w. R. stainar. fadaral Hagarrt BanJcln« Praotlca. Kaw Tork, 1926, p. 174. 5. ^ g ^ S lB S tr t^ 6, Federal Reserve Bulletin. Vol. 6 f June 192C, p. o09. 7a Federal Reserve Bulletin. Tol. 2. October, 1916, p. 5315 W . Vol. 3, July, l?17f P. 527; DlflMf of Rullags ¿f the F s d ^ al^Rescrve Boa^g. Washington, 192## Rule XXIrfo, jl4, 8. B* P. Willi, and W. H. Steiner, M Praotloe. Hew Tork, 1926, p. 207. 9. W f « ** S £ 192#, P. 44. ¿a. i i Io i , Rouaa of Rapr.aantatlraa, Feft«^ Sw nrt Board £s£ 12Ai. nf j k &I SlttZXl fi&llBttS federal Reserve J & U & l ^•^loctoa, 10. I b i d . . p. 67. 11. To e l t e one i l l u s t r e t i o n . R u le X III - G , 211 s t a t e s : "N o te s g iv e n f o r th e p u rc h a se p r i c e o f t r a c t o r s w h ic h ... a r e t o be u se d f o r an a g r i c u l t u r a l p u rp o se , n ay be d isc o u n te d a s a g r i c u l t u r a l p a p e r , since & t r a o t o r , alth o u gh i t » u se i s exten ded o v e r s e v e r a l s e a s o n s , i s not c l a s s e d a s a f ix e d U n re o ta e n t, b u t . . . . i s c o n sid e re d a s beine, used f o r c u rre n t a g r i o u l t u r a l + p u r p o s e s .” R u le C I I I - C , 501 S t a t e s : •N o te s o f a c o r p c r f t io n engaged in th e b u s i n s s s o f fu r n is h in g n o to r t r a n s p o r t a t i o n , wade f o r th e p u rp o se o f p ro v id in g fu n d s with which to ^ u ro h ase n o to r t r u c k s , a r e i n e l i g i b l e f o r r e d i s c o u n t , s in c e n o t o r t r u c k s o f a c o r p o r a tio n f u r n is h in g n o to r t r a n s p o r t a t i o n c o n s t i t u t e perm anent o f f i x e d in v e stm e n ts w ith in th e w eening o f th e b o a r d ’ s r e g u la t i o n s , in viev? c f the f a c t t h a t such m otor tr u c k s n e c e s s a r i l y c o n s t i t u t e a v e ry l a r c e p a r t o f th e c o r p o r a t i o n ’ s e n t ir e e q u ip m e n t." Both r u l e s s i t e d frota I b i d . . p p . ) ) an<? 4 4 . R u le X I I I - C , 211 was p u b lis h e d in th T T e d e r a l R sse rT e Bul l e t i n V o l. 2, F e b ru a ry 1, 1916; R u le X I I I - C , ¿ d l was i T r s t ' u b lish e d i n T o l. 7» F e b ru a r y , 1921, p . 191. b. 12. W. P. 0 . Hard l a g . Tha F o r & a tlr a P ario d o f th è F o d e ra i B a g a r re 3 y ataru B o sto n , ì $ 2 j , p p . 19 - l^ T l 13. F a d a r a l H aaarra l i u l l a t l n . V o i. 9 t JTanuary 1 9 2 ), r>. 1 9 . 14. 6 7 th . C o n t r a s « , l a t . a a a a io n , H earin g » on S a n . Cono. R ag. W ashington, 1 921, ? a r t 1 3 , r p . 2 1 4 , 1*17. 15. Ib ld . . 16. I b l d . . p . 710. 17. Annual R ap o rt o f th è F a d a r a l R a a a r r a Board f o r 192 3. p. 508. *?n K T 5 e t 5 ^ 92£ , ~ . T T -1 E . --------------------- ----------- 18« I b l d . . p . 35. 19. F or a x a n p la In th a Annua1 R a p o rt o f th a F a d a r a l R a s a r r e Board f o r 1925. W ashington, ì $ i è t p p . 1 4 - Ì 8 . 20. G f. D. H. R o b a rta o n , Monay. Naw T ork , 1 9 2 2 , p p . 8 7 -9 1 . 21 F a d a r a l R a a a r r a B u l l a t i n . V o i. 17» O o to b ar, 1 9 3 1 , p . £ # 1 . . 22 . p. 552, 23. ^P2 24. » w w 25. P* 977. 26 p. 977. . 8 *'” T> Ì2I À I E , Yol. 2), Ootob.r, 1937, p. 979.
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