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" The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at a price below par value minus the prescribed margin. "
Removal of Gold Cover: Hearings Before ... , 90-2 on H.R. 14743 ... - Page 114
by United States. Congress. House. Banking and Currency Committee - 1968 - 322 pages
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United Nations Monetary and Financial Conference: Bretton Woods, New ...

United States. Department of State - 1944 - 136 pages
...basis of their par values. Section 2. Gold purchases based on par values The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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Bretton Woods Agreements Act: Hearings Before the Committee on Banking and ...

United States. Congress. House. Committee on banking and currency, United States. Congress. Senate. Committee on Banking and Currency - 1945 - 1428 pages
..."Prescribe a margin"; what kind of a margin are you referring to? Mr. WHITE. "The fund shall prescribe a margin above and below par value for transactions in gold by members" ; there is always, in gold transactions, a range -which we speak of technically as the region between...
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International Organization and Conference Series ..., Part 1, Issue 3, Volume 1

United States. Department of State - 1948 - 1144 pages
...basis of their par values. SECTION 2. Gold purchases based on par values The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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Proceedings and Documents, Volume 1

1948 - 1178 pages
...basis of their par values. SECTION 2. Gold purchases based on par values The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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International Organization and Conference Series I. General, Issue 3

United States. Department of State - 1948 - 1168 pages
...basis of their par values. Section 2. Gold purchases based on par values. The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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Monetary, Credit, and Fiscal Policies: Hearings Before the Subcommittee on ...

United States. Congress. Economic Report Joint Committee - 1950 - 590 pages
...have it in their power to prescribe (under article 4, section 2, of the fund's articles of agreement) the margin above and below par value for transactions in gold by members. In the fund's present rules and regulations this margin is fixed at one-fourth of 1 percent. This margin...
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Monetary, Credit, and Fiscal Policies: Hearings Before the Subcommittee on ...

United States. Congress. Joint Economic Committee - 1950 - 588 pages
...have it in their power to prescribe (under article 4, section 2, of the fund's articles of agreement) the margin above and below par value for transactions in gold by members. In the fund's present rules and regulations this margin is fixed at one-fourth of 1 percent. This margin...
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A Decade of American Foreign Policy: Basic Documents, 1941-49

United States. Congress. Senate. Committee on Foreign Relations - 1950 - 1414 pages
...basis of their par values. SECTION 2. GOLD PURCHASES BASED ON PAR VALUES The Fund shall prescribe a and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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Hearings, Reports and Prints of the Joint Economic Committee

United States. Congress. Joint Economic Committee - 1976 - 1498 pages
...article IV or section 2 on gold purchases based on par values states : "The Fund shall prescribe a margin above and below par value for transactions in gold by members. No member shall buy gold at a price above par value plus the prescribed margin or sell gold at a price...
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Staff Memorandum on International Lending Agencies

United States. Congress. House. Committee on Foreign Affairs - 1959 - 154 pages
...basis of their par values. SEC. 2. Gold purchases based on par values. — The Fund shall prescribe a margin above and below par value for transactions in gold by members, and no member shall buy gold at a price above par value plus the prescribed margin, or sell gold at...
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