To Establish an Efficient Agriculturalcredit System: Hearings Before a Subcommittee of ..., 72-1 on S. 1197 ..., February 2, 3, and 5, 1932 |
From inside the book
Results 1-5 of 29
Page 8
... debts have piled up , and what is to be the end if the farmer is not given much - needed relief ? This Frazier bill is intended as a remedy for that situation . First , by reason of the United States Government refinancing the farmer ...
... debts have piled up , and what is to be the end if the farmer is not given much - needed relief ? This Frazier bill is intended as a remedy for that situation . First , by reason of the United States Government refinancing the farmer ...
Page 12
... debts , which means that they will also pay the lawyer and the doctor , and everybody they do business with , and things will start out right again . If we regain our purchasing power , the people out in the country , you will see that ...
... debts , which means that they will also pay the lawyer and the doctor , and everybody they do business with , and things will start out right again . If we regain our purchasing power , the people out in the country , you will see that ...
Page 15
... debt again . It would be only a question of time until he would be absorbed again , because everything he produces now , every marketable thing , is selling below the cost of production . There- fore , he will have to go in debt , and ...
... debt again . It would be only a question of time until he would be absorbed again , because everything he produces now , every marketable thing , is selling below the cost of production . There- fore , he will have to go in debt , and ...
Page 18
... debt that is on him with 6 , 7 , and up to 10 per cent interest . That is the reason that the National Farmers ' Union made Senator Frazier's bill a part of its national program . One of the things we must have is financing , at as low ...
... debt that is on him with 6 , 7 , and up to 10 per cent interest . That is the reason that the National Farmers ' Union made Senator Frazier's bill a part of its national program . One of the things we must have is financing , at as low ...
Page 19
... debt remains the same , and therefore he just can not come out from under that debt unless two things happen . Some plan must be devised to amortize it , or he must have the price of his product raised to the point where the thing that ...
... debt remains the same , and therefore he just can not come out from under that debt unless two things happen . Some plan must be devised to amortize it , or he must have the price of his product raised to the point where the thing that ...
Common terms and phrases
12 per cent acres agriculture amount annum average bankers BESTOR billion bushel census cent interest centum Chairman circulation cities committee condition Congress corporation farms crop debt deflation dollar EVERSON farm indebtedness farm land Farm Loan Board farm loan system farm mortgages Federal Farm Loan Federal land bank Federal reserve act Federal reserve banks Federal Reserve Board Federal reserve notes foreclosure Frazier bill full as follows going gold Government HOWARD HYDE Iowa KENNEDY legislation LEMKE liquidation and refinancing livestock ment Minnesota mortgages and farm Nation North Dakota paid postal savings depository present President printed in full question rate of interest resolution ROGERS SCHULTHEISS sell Senator FRAZIER Senator HATFIELD Senator MCGILL Senator NYE Senator SMITH Senator THOMAS SIMPSON statement subcommittee TALBOTT thing THOMAS of Idaho THOMAS of Oklahoma to-day United wheat Wisconsin YOUNG
Popular passages
Page 119 - You may put it into the record. (The document referred to and submitted by the witness is here printed in full as follows...
Page 37 - Mr. Chairman and gentlemen of the committee, I appreciate very much this opportunity of discussing this matter with the members of the committee on behalf of the 12 counties that I represent.
Page 103 - Federal farm land bants and national farm loan associations, and to make all necessary rules and regulations for the carrying out of the purposes of this act with expedition.
Page 94 - Now, therefore, be it Resolved by the House of Representatives of the State of Minnesota, the Senate concurring, That the Congress of the United States be, and it is hereby...
Page 2 - ... indebtedness, and to encourage and promote agriculture, commerce, and industry, by establishing an efficient credit system, through which the unjust and unequal burdens placed upon agriculture, during the period of price fixing and deflation, may be lightened, by providing for the liquidation and...
Page 94 - That the President of the United States and the Congress of the United States...
Page 92 - Now, therefore, be it Resolved, by the Senate of the State of North Dakota (the House of Representatives concurring therein), That the...
Page 4 - President to canvass said votes immediately, and if a majority of them be found to be for this act, to forthwith issue his proclamation giving notice of the fact ; and this act shall only be in full force and effect on and after the day of such proclamation.
Page 94 - Army officers; and be it further Resolved, That copies of this resolution be sent to the President of the United States, to the President of the Senate, to the Speaker of the...
Page 94 - That a copy of this memorial, duly authenticated, be sent by the secretary of state to the Senate and House of Representatives of the United States and to each of the Senators and Representatives of Montana in Congress.