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The Industrial Advance Program of the Federal Reserve System

James C. Dolley

University of Texas

Quarterly Journal of Economics 1936

Theory of the original Federal Reserve Act, 229.— Early emergency lending provisions, 231.— Emergency loan legislation, 233.— Industrial advances by the federal reserve banks, 241. —Provisions of the Act, 245.— Launching the program, 249.— Development of the program, 253.—Procedure in handling applications, 253.— Safety of loans, 256.— Profitability to the reserve banks, 263.— Necessity for the program, 264.— Reserve bank competition, 271.— Conclusions, 272.

DOI
10.2307/1885023
Volume
50 (2)
Pages
229
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