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. February 18, 1931, Volume 2U.S. Government Printing Office, 1931 - Disabled veterans |
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Page 146
... estimated that there were in force and effect approximately 3,400,000 certificates , with a maturity value of about $ 3,423,000,000 , or , aver- aging a little over $ 1,000 apiece . On certificates issued as of January 1 , 1925 , in the ...
... estimated that there were in force and effect approximately 3,400,000 certificates , with a maturity value of about $ 3,423,000,000 , or , aver- aging a little over $ 1,000 apiece . On certificates issued as of January 1 , 1925 , in the ...
Page 147
... estimates that the potential cost of this legislation would be $ 1,720,000,000 . This estimate , of course , is based upon the assumption that the holders of the 3,397,973 certificates now in force would take full advan- tage of the ...
... estimates that the potential cost of this legislation would be $ 1,720,000,000 . This estimate , of course , is based upon the assumption that the holders of the 3,397,973 certificates now in force would take full advan- tage of the ...
Page 148
... estimated debt - retirement figures for 1932 and 1933. So that in the 3 - year period the public debt will be reduced by probably not more than $ 800,000,000 or $ 900,000,000 , leaving a short - term debt outstanding on June 30 , 1933 ...
... estimated debt - retirement figures for 1932 and 1933. So that in the 3 - year period the public debt will be reduced by probably not more than $ 800,000,000 or $ 900,000,000 , leaving a short - term debt outstanding on June 30 , 1933 ...
Page 149
... estimated that there are outstanding loans aggregating some $ 325,000,000 , about $ 13,000,000 of which is held in the adjusted - service certificate fund , approximately $ 26,000,000 is in the hands of banks , and the remainder , or ...
... estimated that there are outstanding loans aggregating some $ 325,000,000 , about $ 13,000,000 of which is held in the adjusted - service certificate fund , approximately $ 26,000,000 is in the hands of banks , and the remainder , or ...
Page 153
... estimate in event this bill becomes a law that you had better be prepared to take care of 75 per cent of the men . So Senator REED . That means over a billion dollars in loans , does it not ? General HINES . It would mean that 2,550,000 ...
... estimate in event this bill becomes a law that you had better be prepared to take care of 75 per cent of the men . So Senator REED . That means over a billion dollars in loans , does it not ? General HINES . It would mean that 2,550,000 ...
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Common terms and phrases
4½ per cent actuarial principles adjusted compensation act adjusted service certificate adjusted-service certificate fund Administrator of Veterans amended amount apply approximately assume become callable bill billion dollars cash cent interest centum per annum CHAIRMAN compounded annually Congress deficit discount or rediscount eligible endowment policy estimate face value FEBRUARY 18 Federal reserve act Federal reserve bank Federal Reserve Board financing Government life-insurance HINES increase the loan insurance fund interest rate legislation loan basis loan value March 15 number of veterans obligations outstanding payment premium present proposed public debt question rate of interest REED SMOOT refunding operations round numbers section 502 Senator BARKLEY Senator COUZENS Senator GEORGE Senator HARRISON Senator KING Senator LA FOLLETTE Senator REED Senator THOMAS Senator WALSH Senator WATSON service certificate fund short-term debt THOMAS of Idaho THOMAS of Oklahoma Undersecretary MILLS unemployment United States Government unpaid principal veterans borrowing WALSH of Massachusetts