To Establish an Efficient Agricultural Credit System: Hearings Before a Subcommittee of the Committee on Agriculture and Forestry, United States Senate, Seventy-second Congress, First Session on S. 1197Considers legislation to establish a Federal liquidation and low interest rate refinancing program for farm mortgages. |
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Page 4
... feel and be- lieve that the present economic condition has no business in the land of plenty ; that it has been brought about by manipulation of our currency and by , perhaps , well - meaning but 4 TO ESTABLISH AGRICULTURAL CREDIT ...
... feel and be- lieve that the present economic condition has no business in the land of plenty ; that it has been brought about by manipulation of our currency and by , perhaps , well - meaning but 4 TO ESTABLISH AGRICULTURAL CREDIT ...
Page 8
... feel that in view of that fact we are now entitled to come with an appeal to the Government for the relief of 6,000,000 farmers , representing more than 30,000,000 of our population . We say we are just as good as they are , and if they ...
... feel that in view of that fact we are now entitled to come with an appeal to the Government for the relief of 6,000,000 farmers , representing more than 30,000,000 of our population . We say we are just as good as they are , and if they ...
Page 9
... feel that a 100 per cent mortgage on a farm is better security than 40 per cent gold reserve , because if we go out ... feeling that our fathers had when they went out into the wilderness and amidst great hardships and many tribulations ...
... feel that a 100 per cent mortgage on a farm is better security than 40 per cent gold reserve , because if we go out ... feeling that our fathers had when they went out into the wilderness and amidst great hardships and many tribulations ...
Page 11
... feel that he has neglected his 6,000,000 farm families , representing 30,000,000 people , who are just as important to Uncle Sam and the prosperity of the nation as the bankers . You understand , gentlemen of the subcommittee , I am not ...
... feel that he has neglected his 6,000,000 farm families , representing 30,000,000 people , who are just as important to Uncle Sam and the prosperity of the nation as the bankers . You understand , gentlemen of the subcommittee , I am not ...
Page 13
... feel that the machinery at Washington is too far removed to function for the best interests of the farmer , unless the farmer , who is to get the advantage of this bill and whose ills are supposed to be remedied by this bill , is at ...
... feel that the machinery at Washington is too far removed to function for the best interests of the farmer , unless the farmer , who is to get the advantage of this bill and whose ills are supposed to be remedied by this bill , is at ...
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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 on farms 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 120 - You may put it into the record. (The document referred to and submitted by the witness is here printed in full as follows...
Page 68 - Le Sueur, Lincoln, Lyon. McLeod, Mahnomen, Marshall, Martin, Meeker, Mille Lacs. Morrison. Mower, Murray. Nicollet. Nobles. Norman, Olmsted, Otter Tail, Pennington, Pine. Pipestone, Polk, Pope. Ramsey, Red Lake, Redwood. Renville. Rice, Rock. Roseau. St. Louis. Scott.
Page 62 - I am going to do my part to get rid of that. (At this point followed informal discussion, which the reporter was directed not to record, at the conclusion of which the following occurred : ) Mr.
Page 36 - 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 95 - 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 95 - That the President of the United States and the Congress of the United States...
Page 93 - Now, therefore, be it Resolved, by the Senate of the State of North Dakota (the House of Representatives concurring therein), That the...
Page 3 - 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 95 - 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.
Page 2 - Federal reserve bank, domestic or foreign, to the trustees of the postal savings depository system or to the Treasurer of the United States. And it shall be the duty of the Federal reserve banks to invest their available surplus and net profits, after the dividends are paid to their stockholders, in such farm loan bonds.