Creation of a System of Federal Home Loan Banks: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States, Senate, Seventy-second Congress, First Session, on S. 2959, a Bill to Create Federal Home Loan Banks, to Provide for the Supervisiion Thereof and for Other Purposes...U.S. Government Printing Office, 1932 - Federal home loan banks |
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Page 11
... matter up for consideration several days ago . Many persons appeared , and the result of their conferences was the adoption of many new amendments , which they incorporated into a new bill , constituting S. 2959 . Senator COUZENS . Who ...
... matter up for consideration several days ago . Many persons appeared , and the result of their conferences was the adoption of many new amendments , which they incorporated into a new bill , constituting S. 2959 . Senator COUZENS . Who ...
Page 12
... matter of employment is indicated by the fact that more than 200,000 individual homes are erected annually in normal times , which with initial furnishing contribute more than two billions to our construc- tion and other industries ...
... matter of employment is indicated by the fact that more than 200,000 individual homes are erected annually in normal times , which with initial furnishing contribute more than two billions to our construc- tion and other industries ...
Page 16
... matter of fact , we have not had time to make the measure per- fect from the drafting point of view and think out all the legal prob- lems in connection with it ; but I think the theory is that this is emergency legislation which must ...
... matter of fact , we have not had time to make the measure per- fect from the drafting point of view and think out all the legal prob- lems in connection with it ; but I think the theory is that this is emergency legislation which must ...
Page 18
... matter of fact , that is not the case with the Federal farm land banks . Senator MORRISON . No ; that is just like the Federal land banks . Senator TOWNSEND . Do you understand that this is in competition with commercial banking ...
... matter of fact , that is not the case with the Federal farm land banks . Senator MORRISON . No ; that is just like the Federal land banks . Senator TOWNSEND . Do you understand that this is in competition with commercial banking ...
Page 20
... matter how long it remains in the service of the banks . Senator WATSON . No ; it does not . Senator MORRISON . That should be amended . Senator WATSON . I have tried to have it amended in the other one , and I could not get it ...
... matter how long it remains in the service of the banks . Senator WATSON . No ; it does not . Senator MORRISON . That should be amended . Senator WATSON . I have tried to have it amended in the other one , and I could not get it ...
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Common terms and phrases
50 per cent amortized amount appraised assets Association of Real bankers bill BODFISH bonds borrow BRADWAY building and loan building associations capital CLARK collateral committee Corporation demand deposits DEVINE directors discount banks district Federal home loan Federal reserve bank Federal reserve system financing foreclosed foreclosures FRIEDLANDER funds going Government home loan bank home mortgage home owner home ownership institutions insurance companies investment January 25 KARR KISSELL land bank liquid loan associations LOFGREN MONKS mortgage companies mortgage loans MYLANDER National O'BRIEN OAKMAN Ohio paid payments present question Real Estate Boards real-estate Reconstruction Finance Corporation rediscount ROBINSON savings banks SCHMIDT second mortgage Senator BULKLEY Senator COUZENS Senator MORRISON Senator TOWNSEND Senator WATSON situation statement subscribe subsection thing TIBBETTS tion to-day trust companies United unpaid principal Willard Hotel