Problems of Small-business Financing, Parts 1-2 |
Common terms and phrases
$10 million agency Albert Lea amount authorized amount rate amount assets Average Average Average banker BARNES basis bill borrower BROWN business and industrial Business loans capital bank CHAIRMAN Commerce commercial banks committee concerns Congress development corporations development credit corporations Disaster loans disbursed discount window dollars earnings economic enterprise equity capital EVINS Federal Reserve Act Federal Reserve banks Federal Reserve Board Federal Reserve System financing funds going Government HAYES HOSMER increase insurance companies interest rates investors lending life-insurance companies loans to business long-term MARTIN McCULLOCH member banks ment mortgage loans MUELLER MULTER national investment company NEAL ness NOONAN O'LEARY obligor operations organization participation Patman percent preferred stock problem purpose question recommendations RIEHLMAN Secretary ANDERSON securities SEELY-BROWN SHEPARDSON Small Business Administration small firms statement surplus survey SZYMCZAK thing tion Treasury VARDAMAN YATES
Popular passages
Page 278 - It is the declared policy of the Congress that the Government should aid, counsel, assist, and protect insofar as is possible the interests of small business concerns in order to preserve free competitive enterprise...
Page 278 - The essence of the American economic system of private enterprise is free competition. Only through full and free competition can free markets, free entry into business, and opportunities for the expression and growth of personal initiative and individual judgment be assured. The preservation and expansion of such competition is basic not only to the economic well-being but to the security of this Nation.
Page 125 - This statement is submitted on behalf of the American Life Convention and the Life Insurance Association of America.
Page 55 - ... may from time to time by its rules and regulations and subject to such terms and conditions as may be prescribed therein, add...
Page 56 - System." (b) The table of parts for subchapter O of chapter 1 of the Internal Revenue Code of 1954 is amended by adding at the end thereof the following: "Part VIII. Distributions pursuant to Bank Holding Company Act of 1956.
Page 54 - A majority of the directors, after executing the articles of association and the organization certificate, shall have power to execute all other papers and to do whatever may be required to make its organization perfect and complete as a national association.
Page 55 - Sec. 108. (a) The loans of any national banking association which are required by any national investment company, in the making of which such company participates, or for any part of which a commitment to purchase is issued hereunder shall not be subject to the limitations on real-estate loans prescribed in section 24 of the Federal Reserve Act, as amended ( 12 USC 371...
Page 535 - The credit of the State shall never be given or loaned in aid of any individual, association, or corporation.
Page 55 - Act, as amended, is amended — ( 1 ) by striking out the period at the end of "paragraph (5) "and inserting in lieu thereof "; and"; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist...
Page 57 - ... capital for any day of any taxable year shall be determined as of the beginning of such day and shall be the sum of the following : "(1) The amount of the outstanding indebtedness (not including interest) of the taxpayer, incurred in good faith for the purposes of the business...