Daily Revised Manual of Emergency Recovery Agencies and Facilities Provided by the United States Government: A Simplified Textbook of Federal Activities which Enables Every Citizen to Use Effectively, Speedily and Directly the Emergency Services which the Government Has Established

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Page 40 - States and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security, for all fiduciary, trust, and public funds the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 20 - As used in this section, (1) the term "farmer" means any person who is at the time, or shortly to become, bona fide engaged in farming operations, either personally or through an agent or tenant, or the principal part of whose income is derived from farming operations...
Page 44 - That for the purpose of relieving the acute condition of widespread distress and unemployment now existing in the United States, and in order to provide for the restoration of the country's depleted natural resources and the advancement of an orderly program of useful public works...
Page 16 - Each such borrower may covenant in his mortgage that, whenever there are ten or more borrowers who have obtained from a Federal land bank direct loans under the provisions of this section aggregating not less than $20,000, and who reside in a locality which may, in the opinion of the...
Page 40 - Act shall be deemed and held to be instrumentalities of the Government of the United States and as such they and the income derived therefrom shall be exempt from Federal, State, municipal, and local taxation (except surtaxes, estate, inheritance, and gift taxes).
Page 22 - ... in default, a provision under which such initial deferments will be permissible only when the Land Bank Commissioner deems them to be justified in the light of the circumstances, and consents to the inclusion in the mortgage of a clause permitting the borrower to defer principal payments for 3 years if he is not in default with respect to any other provision of his mortgage. Under existing law a borrower from the Land Bank Commissioner is in effect given the privilege of turning a 10-year loan...
Page 51 - ... to widespread unemployment and increasing inadequacy of State and local relief funds, resulting in the existing or threatened deprivation of a considerable number of families and individuals of the necessities of life, and making it imperative that the Federal Government cooperate more effectively with the several States and Territories and the District of Columbia in furnishing relief to their needy and distressed people.
Page 1 - ... out of the appropriation of $100,000,000 authorized by section 220 of the National Industrial Recovery Act and made by the Fourth Deficiency Act, fiscal year 1933, approved June 16, 1933 (Public No. 77, 73d Congress).
Page 9 - SEC. 401. The Congress hereby declares that a serious emergency exists by reason of the general economic depression: that it is imperative to reduce drastically governmental expenditures; and that such reduction...
Page 35 - Practically every action of an association or a bank is made subject to the approval of the Governor of the Farm Credit Administration.

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