American monetary policy / E. A. Goldenweiser.

Foreword, ix -- Preface, xi -- Introduction, 1 -- I. Role of money in the economy, 6 -- II. Lending agencies, banks and others, 30 -- III. Bank reserves, 38 -- IV. Objectives of monetary policy, 68 -- V. Federal reserve instruments of monetary management, 79 -- VI. Economic intelligence, 100 -- VII. Evolution of federal reserve ideas, 109 -- VIII. Policy decisions: from 1917 to the collapse of 1932, 131 -- IX. From the banking crisis to the outbreak of war, 163 -- X. Financing world war II, 183 -- XI. Postwar monetary conditions and policies, 196 -- XII. Review of principles of monetary policy, 215 -- XIII. International operations and relationships of the federal reserve, 235 -- XIV. Institutional relationships, 259 -- XV. Proposals for changes in federal reserve structure, 290 -- Appendix, 307 -- A note on the committee for economic development and its research program, 363 -- Excerpts from by-laws of the committee for economic development concerning the research program, 376 -- Research and policy committee, 379 -- Research advisory board, 381 -- Index, 383.