Corroborating Mr. Hodges' figures was the Federal Reserve Board's report of the large sales increase in the nation's department stores for the week ending March 4.

If the trend of general business activity follows the pattern suggested here, we are likely to see additional steps by the Federal Reserve authorities to ease the availability of credit.

One of the most intriguing questions is whether the recent departures of the Federal Reserve authorities from confining their open market operations to Treasury bills will spread into longer-term Government securities in the next few months.

To the extent that the new Administration has its wishes, the Federal Reserve would conduct its open market operations throughout the entire maturity range of Government securities and aggressively seek to force down long-term interest rates.

The principle of `` bills only '', or `` bills preferably '', seems so strongly accepted by the Federal Reserve that it is difficult to envision conditions which would persuade the authorities to depart radically from it by extending their open market purchases regularly into long-term Government securities.

The economist does not look for a drastic switch in the budget during this recovery and believes it `` even more unlikely that the Federal Reserve will aggressively tighten monetary policy in the early phases of the upturn as was the case in 1958 ''.

-- Alfred Hayes, president of the Federal Reserve Bank of New York, said Tuesday `` there is no present need for far-reaching reforms '' which would basically alter the international financial system.

Critics have also argued that, as the Austrian business cycle theory points to the actions of fractional-reserve banks and central banks to explain the business cycles, it fails to explain the severity of business cycles before the establishment of the Federal Reserve in 1913.

* 1976 – The United States Treasury Department reintroduces the two-dollar bill as a Federal Reserve Note on Thomas Jefferson's 233rd birthday as part of the United States Bicentennial celebration.

More controversially, officials of the Federal Reserve assisted in the negotiations that led to this bail-out, on the grounds that so many companies and deals were intertwined with LTCM that if LTCM actually failed, they would as well, causing a collapse in confidence in the economic system.

In the 1950s, Burroughs had worked with the Federal Reserve Bank on the development and computer processing of magnetic ink character recognition ( MICR ) especially for the processing of bank cheques.

In industries like banking, where continuous operations was mandatory, Burroughs large systems penetrated most every large bank, including the Federal Reserve Bank.

* FRED ( Federal Reserve Economic Data )

Gerald P. O ' Driscoll, former vice president at the Federal Reserve Bank of Dallas, stated that Fannie Mae and Freddie Mac became examples of crony capitalism.

In the United States, the Federal Reserve System operates without direct oversight by the legislative or executive branches.

Examples include the European Central Bank ( ECB ), the Federal Reserve of the United States, and the People's Bank of China.

The US Federal Reserve was created by the U. S. Congress through the passing of The Federal Reserve Act in the Senate and its signing by President Woodrow Wilson on the same day, December 23, 1913.

The word " Reserve " is also often included, such as the Reserve Bank of India, Reserve Bank of Australia, Reserve Bank of New Zealand, the South African Reserve Bank, and U. S. Federal Reserve System.

** The United States Treasury Department reintroduces the two-dollar bill as a Federal Reserve Note on Thomas Jefferson's 233rd birthday as part of the United States Bicentennial celebration.

Note 1: The FCC registration program requires the registering of terminal equipment and protective circuitry in accordance with Subpart C of part 68, Title 47 of the Code of Federal Regulations.

Note: The text of an earlier version of this article was taken from the public domain Federal Standard 1037C.

Note that although a person may sue under a common law name, the Federal Rules of Civil Procedure ( FRCP ) have a higher standard and must use the " real " information, allowing the case to be dismissed.

The company, Crane & Co., still is the largest employer in town, making paper products, stationery, and, since 1873, has been the only supplier of paper for the Federal Reserve Note, the United States ' paper money.

* Picture of $ 5 US Treasury Note featuring George Thomas, provided by the Federal Reserve Bank of San Francisco.

The United States Note was a national currency whereas Federal Reserve Notes are issued by the quasi-federal Federal Reserve System.

The difference between a United States Note and a Federal Reserve Note is that a United States Note represented a " bill of credit " and was inserted by the Treasury directly into circulation free of interest.

* Federal Reserve Note

# REDIRECT Federal Reserve Note

* 1914: The first $ 5 Federal Reserve Note was issued with a portrait of Lincoln on the obverse and vignettes of Columbus sighting land and the Pilgrims ' landing on the reverse.

* 1918: The 1915 Federal Reserve Bank Note was re-issued under series 1918 by 11 Federal Reserve banks.

The $ 5 bill was issued as a United States Note with a red seal and serial numbers and as a Federal Reserve Note with a green seal and serial numbers.

was overprinted on the front and back of the $ 5 Federal Reserve Note ; the serial numbers, and seal, were changed to brown from green.

* 1950: Many minor aspects on the obverse of the $ 5 Federal Reserve Note were changed.

* 1963: Both the $ 5 United States Note and Federal Reserve Note were revised with the motto added to the reverse and removed from the obverse.

Also, the obligation on the Federal Reserve Note was shortened to its current wording,.

Petitioner also claimed at trial the right to inspect the original Federal Bureau of Investigation reports to the Department of Justice.

However, the Federal Court held that since the State had accepted the provisions of the Wagner-Peyser Act into its own Code, and presumably therefore also the regulations, it was now a State matter.

The Reichstag building was also occasionally used as a venue for sittings of the Bundestag and its committees and the Bundesversammlung, the body which elects the German Federal President.

A person can also be made bankrupt after a creditor's petition results in the making of a sequestration order in the Federal Magistrates Court.

He also served as a Nazi spy in the United States and, in 1941, he was caught by the Federal Bureau of Investigation ( FBI ) in the largest espionage case in U. S. history: The Duquesne Spy Ring.

Federal prosecutors also brought Mann Act charges against Chaplin related to Barry in 1944, of which he was acquitted.

There is also a substantial body of Chicano literature that predates both Raso and the Federal Census Bureau.

The firm is one of twenty-one primary dealers who trade U. S. government securities directly with the Federal Reserve Bank of New York and is also involved in investment banking, asset management, market data and brokerage services.

Originally hired as an easel painter, in 1935 Alston became the first African American supervisor to work for the WPA's Federal Art Project in New York, which would also serve as his first mural work.

In October 2011, the Canadian Federal Government licensed the CANDU design to Candu Energy ( a wholly owned subsidiary of SNC-Lavalin ), which also acquired the former reactor development and marketing division of AECL at that time.

The Federal Communications Commission also clearly favored live music, providing accelerated license approval to stations promising not to use any recordings for their first three years on the air.

Because of its chemical similarity to levomethorphan, DXM could also be treated as a Schedule II drug under the Federal Analog Act.

According to a decision by The Standing Conference of the Ministers of Education and Cultural Affairs of the Länder in the Federal Republic of Germany of September 21, 2001, in the version from May 15, 2008, this also applies to PhDs that were awarded in Australia, Israel, Japan, or Canada.

In late May 1932, with the resignation of Karl Buresch's Christian-Social government, Dollfuss, age 39 and with only one year's experience in the Federal government, was offered the office of Chancellor by President Wilhelm Miklas, also a member of the Christian-Social Party.

The Federal Reserve System ( also known as the Federal Reserve, and informally as the Fed ) is the central banking system of the United States.

The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system's highest-level employees.

The use of the term " elastic currency " in the Federal Reserve Act does not imply only the ability to expand the money supply, but also the ability to contract the money supply.

Federal funds are the reserve balances ( also called federal reserve accounts ) that private banks keep at their local Federal Reserve Bank.

The board of directors of each Federal Reserve Bank District also has regulatory and supervisory responsibilities.

The German word Land is the exact cognate of English land but it carries many political, constitutional, and historical meanings absent from the English term ( among other things a constituent state of the German Federal Republic, historically a principality of the Holy Roman Empire, but also " rural " as opposed to " urban ", etc .— the Swedish lantis equating to " country bumpkin " or " hick "— most of these meanings are borne by the Anglo-Norman word country in English ).

The Federal Court of Justice of Germany ( Bundesgerichtshof ) is the highest ordinary court and also the highest court of appeals.