Federal Reserve Direct Purchases -- Old Series Currency Adjustment Act : hearings before the United States Senate Committee on Banking and Currency, Eighty-Sixth Congress, second session, on June 24, 1960.

Considers. S. 3702, to amend the Federal Reserve Act to extend for two years the authority of Federal Reserve banks to purchase U.S. obligations directly from the Treasury. S. 3714, to authorize adjustments in accounts of outstanding old series currency.