Hearings Before the Committee on Agriculture, House of Representatives, Seventy-sixth Congress, First[-third] Session ...U.S. Government Printing Office, 1940 - Agriculture |
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Page 12
... COFFEE . May I ask Dr. Alexander a question ? The CHAIRMAN . Yes . Mr. COFFEE . Dr. Alexander , how many farm tenants are there in the United States ? Dr. ALEXANDER . In the United States ? Mr. COFFEE . Yes . Dr. ALEXANDER . I do not ...
... COFFEE . May I ask Dr. Alexander a question ? The CHAIRMAN . Yes . Mr. COFFEE . Dr. Alexander , how many farm tenants are there in the United States ? Dr. ALEXANDER . In the United States ? Mr. COFFEE . Yes . Dr. ALEXANDER . I do not ...
Page 13
... COFFEE . And is it not a fact , Dr. Alexander , that in that terri- tory it requires possibly an $ 8,000 farm to be the economic unit ? Dr. ALEXANDER . Yes . Mr. COFFEE . Anything less than that the farmer has no chance whatsoever ? Dr ...
... COFFEE . And is it not a fact , Dr. Alexander , that in that terri- tory it requires possibly an $ 8,000 farm to be the economic unit ? Dr. ALEXANDER . Yes . Mr. COFFEE . Anything less than that the farmer has no chance whatsoever ? Dr ...
Page 19
... COFFEE . Federal land - bank loans . Mr. CUMMINGS . Federal land - bank loans ? Mr. COFFEE . I am talking about the Federal land - bank loans . Many of these loans have been foreclosed by virtue of the fact that the people have lost ...
... COFFEE . Federal land - bank loans . Mr. CUMMINGS . Federal land - bank loans ? Mr. COFFEE . I am talking about the Federal land - bank loans . Many of these loans have been foreclosed by virtue of the fact that the people have lost ...
Page 20
... COFFEE . But we should treat them all on the same basis . Why should we raise a class distinction and permit some borrowers to pay 3 percent and force others to pay 32 percent on farm mortgages ? Dr. ALEXANDER . There can be a good deal ...
... COFFEE . But we should treat them all on the same basis . Why should we raise a class distinction and permit some borrowers to pay 3 percent and force others to pay 32 percent on farm mortgages ? Dr. ALEXANDER . There can be a good deal ...
Page 24
... COFFEE . If they could secure a second lien- The CHAIRMAN . Under this particular program there is no occasion for a second lien . Mr. COFFEE . Not with a 100 - percent loan . The CHAIRMAN . Even with a 100 - percent - loan basis the ...
... COFFEE . If they could secure a second lien- The CHAIRMAN . Under this particular program there is no occasion for a second lien . Mr. COFFEE . Not with a 100 - percent loan . The CHAIRMAN . Even with a 100 - percent - loan basis the ...
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Common terms and phrases
acreage acres agency ALEXANDER amendment American amount ANDRESEN areas average basis Beet Growers bill BLACK borrower cane cents CHAIRMAN COFFEE Commissioner loans committee Congress consumers COOLEY cooperative features cost crop Cuba CUMMINGS debt deficiency judgments delinquent district domestic DOXEY Farm Credit Administration farm loan Farm Mortgage Corporation farmers Federal Farm Mortgage Federal land bank financing FLANNAGAN foreclosed foreclosure FULMER funds going Goss Governor guaranteed Hawaii HOPE income increase interest rates KLEBERG land-bank system LEMKE losses Louisiana Marvin Jones ment MURRAY MYLANDER North Dakota O'BRIEN operation outstanding PACE paid parity payments percent period Philippine present price of sugar Puerto Rico question quota rate of interest reduced refinancing Secretary WALLACE SHORT short tons statement subsidy Sugar Act sugar beets TABER tenant THATCHER thing tion tons Treasury United ZIMMERMAN
Popular passages
Page 4 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such obligations.
Page 4 - 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 2 - Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty Bond Act, as amended...
Page 60 - SEC. 4. In making loans under this title, the amount which is devoted to such purpose during any fiscal year shall be distributed equitably among the several States and Territories on the basis of farm population and the prevalence of tenancy, as determined by the Secretary.
Page 3 - Secretary of — (1) all rights and interests arising under the mortgage so in default; (2) all claims of the mortgagee against the mortgagor or others, arising out of the mortgage transaction...
Page 77 - The CHAIRMAN. The committee will come to order, please. We have with us this morning Mr.
Page 2 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 3 - Is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under that Act, as amended, are extended to include any purchases of such notes and obligations.
Page 119 - Patten, we will be glad to hear you at this time. STATEMENT OF HON.
Page 147 - Every such mortgage shall contain an agreement providing for the repayment of the loan on an amortization plan by means of a fixed number of annual or semiannual installments...