Rural Electrification Act of 1936-- Amendment: Hearing Before the Subcommittee on Conservation and Credit of ..., 84-1 on H.R. 2138, H.R. 4572, and H.R. 5376, April 14, 19551955 - 38 pages |
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Page 3
... meet the challenge of helping our borrowers to maintain their record . We are improving our techniques for helping our borrowers which appear to be in danger of financial difficulties and devising new ones for avoiding and during ...
... meet the challenge of helping our borrowers to maintain their record . We are improving our techniques for helping our borrowers which appear to be in danger of financial difficulties and devising new ones for avoiding and during ...
Page 4
... meet the loan needs of the borrowers . As it now stands , the State allotment formula provides that 50 percent of the amount made available annually by Congress for electric loans must be reserved for loans in the several States in the ...
... meet the loan needs of the borrowers . As it now stands , the State allotment formula provides that 50 percent of the amount made available annually by Congress for electric loans must be reserved for loans in the several States in the ...
Page 7
... meet the census definition of a farm . As a result , there are undoubtedly errors in the estimates . These problems are not unique to REA ; I am told the Edison Electric Institute has experienced the same difficulties in its estimates ...
... meet the census definition of a farm . As a result , there are undoubtedly errors in the estimates . These problems are not unique to REA ; I am told the Edison Electric Institute has experienced the same difficulties in its estimates ...
Page 8
... meet the needs of the day . That , gentlemen , I think pretty well covers the situation with one possible exception , and that is a little more detail on the manner in which the first half of the formula is brought into being . Each ...
... meet the needs of the day . That , gentlemen , I think pretty well covers the situation with one possible exception , and that is a little more detail on the manner in which the first half of the formula is brought into being . Each ...
Page 14
... funds on the basis of the number of farms not pro- vided with electric service is no longer a correct measure of need . In order to provide funds to meet loan requirements in 14 RURAL ELECTRIFICATION ACT OF 1936 - AMENDMENT.
... funds on the basis of the number of farms not pro- vided with electric service is no longer a correct measure of need . In order to provide funds to meet loan requirements in 14 RURAL ELECTRIFICATION ACT OF 1936 - AMENDMENT.
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Common terms and phrases
95 percent actually needed allocation allotment formula amount Ancher Nelsen annual survey BASS bill carryover census figures central station electric Chairman Colorado Congress contingency fund contingent loan fund continue cost Dairyland Power Cooperative distribution Edison Electric Institute Electric Cooperative Association ELLIS estimate farms electrified Farms receiving cen farms served fiscal heavying-up HOPE June 30 Kilowatt-hours legislation LESTER JOHNSON loan authorizations loan formula loan needs LYNN MACDONALD McINTIRE million Mississippi Nation's farms National Farmers Union National Grange National Rural Electric number of farms number of unelectrified PARTRIDGE Percent Number percentage POAGE REA cooperatives REA loans record ROBERT PARTRIDGE ROSS BASS rural areas Rural Electric Cooperative rural electric systems Rural Electrification Act Rural Electrification Administration rural electrification loans rural electrification program Senate State-allotment formula station electric service STRONG Subsection system improvements total number tral station electric transmission facilities unelectrified farm survey United
Popular passages
Page 5 - J million regularly provided, "to be borrowed under the same terms and conditions if and to the extent that the Secretary of Agriculture shall certify, from time to time, to the Secretary of the Treasury that such additional amounts are required during the fiscal year 1950, under the then existing conditions, for the expeditious and orderly development of the program.
Page 1 - Territories. (e) If any part of the annual sums made available for the purposes of this Act shall not be loaned or obligated during the fiscal year for which such sums are made available, such unexpended or unobligated sums shall be available for loans by the Administrator in the following year or years without allotment...
Page 9 - Mr. Chairman and gentlemen of the committee, my name is Clyde T. Ellis. I am general manager of the National Rural Electric Cooperative Association, the national service organization of the rural electric systems of the United States, including Alaska.
Page 5 - Rural electrification program, $350,000,000; and rural telephone program, $32,500,000; and additional amounts, not to exceed a total of $150,000,000 (including the uncommitted balance available as a carry-over from the fiscal year 1950), may be borrowed for the rural electrification program under the same terms and conditions if and to the extent that the Secretary of Agriculture shall certify, from time to time, to the Secretary of the Treasury that such additional amounts are required during the...
Page 13 - The next witness is John C. Lynn, of the American Farm Bureau Federation. STATEMENT OF JOHN C. LYNN, LEGISLATIVE DIRECTOR, AMERICAN FARM BUREAU FEDERATION Mr. LYNN. Thank you, Mr. Chairman.
Page 34 - I would like to ask unanimous consent to include in the record a history of the seed distribution by the Department of Agriculture.
Page 9 - HAGEN of California. I would like to ask permission to insert in the record a statement, at this point. Mr. POAGE. Without objection, the statement will be made a part of the record at this point, in accordance with Mr. Hagen's request. (The statement follows:) STATEMENT BE SPECIAL TAX CONCESSIONS APPLIED TO REA FINANCED COOPERATIVES, BUT Nor TO FABMEBS...
Page 1 - Department's above referred-to letter of May 5, 1958. It is clear from the above quoted provisions of section 4 of the Rural Electrification Act of 1936, as amended (7 USC 904...
Page 1 - TITLE V SEC. 501. (a) Subsection (a) of section 3 of the Rural Electrification Act of 1936, as amended (7. USC 901-914), is amended by striking out the words: "The Reconstruction Finance Corporation is hereby authorized and directed to make loans to the Administrator, upon his request approved by the President, not exceeding in aggregate amounts $50,000,000 for the fiscal year ending June 30, 1937, and $100,000,000...