Foreign Commerce Study: Export Credit Guarantees. Hearings Before the Committee on Interstate and Foreign Commerce, United States Senate, Eighty-sixth Congress, Second Session, on Measures to Expand U. S. Exports, Present Export Credit Facilities, and Proposals for New Mechanisms. April 28 and 29 1960
U.S. Government Printing Office, 1960 - Credit insurance - 279 pages
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abroad agency American Export amount answer applications asked assistance basis believe buyer capital Chairman commercial banks commercial credit committee companies competition Confirmer contract Corporation cost countries cover coverage credit risks currency customers Department dollars economic effect equipment exchange Eximbank Export Credit Guarantee export credit insurance Export-Import Bank extended facilities fact Federal feel field financing firms foreign funds give going Government important increase industry institutions interest involved limited loans loss LURIE manufacturers markets meet ment million offered operation organization oversea participation particular payment percent political risk position premium present problem proposed question reason received representatives reserves respect respondents result SCAFURO Senator MONRONEY Senator PASTORE situation statement tion trade transactions transfer Treasury U.S. exporters United Waugh York
Page 90 - 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 any small business concern...
Page 80 - Contractor ; smoke ; sprinkler leakage ; earthquake or volcanic eruption ; flood, meaning thereby rising of a body of water ; hostile or war-like action, including action in hindering, combating, or defending against an actual, impending or expected attack...
Page 2 - Washington (hereinafter called the "bank") is to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States and any of its territories and insular possessions and any foreign country or the agencies or nationals thereof.
Page 85 - Administration of the administrative supervision of the Federal land banks, the banks for cooperatives, the Federal intermediate credit banks, and the...
Page 87 - Government-sponsored enterprises: The Federal Deposit Insurance Corporation, the Federal home loan banks, the Federal land banks, the banks for cooperatives, and the Federal intermediate credit banks.
Page 88 - The Congress hereby declares that the purposes of this title are to establish in the Federal Government a secondary market facility for home mortgages, to provide that the operations of such facility shall be financed by private capital to the maximum extent feasible, and to authorize such facility to — (a) provide supplementary assistance to the secondary market for home...
Page 137 - Mr. Chairman, if you have any questions I will be glad to try to answer them, or Mr.
Page 88 - All patronage refunds shall be paid in the proportion that the amount of interest earned on the loans of each borrower bears to the total interest earned on the loans of all borrowers during the fiscal year.