Payment of Veterans' Adjusted-service Certificates: Hearings Before the Committee on Finance, United States Senate, Seventy-first Congress, Third Session, Relative to Payment of Veterans' Adjusted-service Certificates, Parts 1-2U.S. Government Printing Office, 1931 - Life insurance |
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Page 3
No ; our authority is ample there . Senator COUZENS . The only purpose of this is
, then , to enable you to issue more bonds and less certificates ? Undersecretary
Mills . No ; the only difference is , it would put us into a position to issue bonds ...
No ; our authority is ample there . Senator COUZENS . The only purpose of this is
, then , to enable you to issue more bonds and less certificates ? Undersecretary
Mills . No ; the only difference is , it would put us into a position to issue bonds ...
Page 4
If our debt was $ 10 , 000 , 000 , 000 greater than it is now , and you have
authority to pay that off , why do you want authority to issue bonds to the extent of
$ 28 , 000 , 000 , 0000 Undersecretary Mills . Because at that time we will very
nearly ...
If our debt was $ 10 , 000 , 000 , 000 greater than it is now , and you have
authority to pay that off , why do you want authority to issue bonds to the extent of
$ 28 , 000 , 000 , 0000 Undersecretary Mills . Because at that time we will very
nearly ...
Page 6
Senator COUZENS . You had authority , before we recently gave you · authority ,
to sell discount notes and to issue 5 - year notes tax exempt ? Undersecretary
Mills . Yes ; we did . And then you recently gave us authority to issue bills , and so
...
Senator COUZENS . You had authority , before we recently gave you · authority ,
to sell discount notes and to issue 5 - year notes tax exempt ? Undersecretary
Mills . Yes ; we did . And then you recently gave us authority to issue bills , and so
...
Page 11
I mean , you do not intend to use this authority for any other purpose than the
refunding operations of outstanding obligations of the Government ?
Undersecretary Mills . Well , I would not want to make such a sweeping assertion
, Senator .
I mean , you do not intend to use this authority for any other purpose than the
refunding operations of outstanding obligations of the Government ?
Undersecretary Mills . Well , I would not want to make such a sweeping assertion
, Senator .
Page 12
Would you issue bonds to take care of that deficit under this authority ?
Undersecretary Mills . How are you going to segregate it ? That is why I find it
hard to answer the Senator ' s question . If you want me to answer it with
meticulous accuracy ...
Would you issue bonds to take care of that deficit under this authority ?
Undersecretary Mills . How are you going to segregate it ? That is why I find it
hard to answer the Senator ' s question . If you want me to answer it with
meticulous accuracy ...
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Bibliographic information
| Title | Payment of Veterans' Adjusted-service Certificates: Hearings Before the Committee on Finance, United States Senate, Seventy-first Congress, Third Session, Relative to Payment of Veterans' Adjusted-service Certificates, Parts 1-2 Payment of Veterans' Adjusted-service Certificates: Hearings Before the Committee on Finance, United States Senate, Seventy-first Congress, Third Session, Relative to Payment of Veterans' Adjusted-service Certificates, United States. Congress. Senate. Committee on Finance |
| Author | United States. Congress. Senate. Committee on Finance |
| Publisher | U.S. Government Printing Office, 1931 |
| Original from | the University of California |
| Digitized | 8 Jun 2011 |
| Export Citation | BiBTeX EndNote RefMan |