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BEFORE THE

HEARING
u. S. Congress, Senate.
COMMITTEE ON BANKING AND CURRENCY,

UNITED STATES SENATE

SEVENTY-FIFTH CONGRESS

FIRST SESSION

ON

H. R. 7909

N ACT TO AMEND THE FEDERAL FARM LOAN ACT, TO
AMEND THE EMERGENCY FARM MORTGAGE ACT OF
1933, TO AMEND THE FARM CREDIT ACT OF 1933,
TO AMEND THE FEDERAL FARM MORTGAGE
CORPORATION ACT, TO AMEND THE AGRI-
CULTURAL MARKETING ACT, AND

FOR OTHER PURPOSES

AUGUST 11, 1937

Printed for the use of the Committee on Banking and Currency

[blocks in formation]

COMMITTEE ON BANKING AND CURRENCY

ROBERT F. WAGNER, New York, Chairman CARTER GLASS, Virginia

JOHN G. TOWNSEND, JR., Delaware ALBEN W. BARKLEY, Kentucky

FREDERICK STEIWER, Oregon ROBERT J. BULKLEY, Ohio

LYNN J. FRAZIER, North Dakota ROBERT R. REYNOLDS, North Carolina HENRY CABOT LODGE, JR., Massaqusetts JAMES F. BYRNES, South Carolina JOHN H. BANKHEAD, Alabama WILLIAM GIBBS MCADOO, California ALVA B. ADAMS, Colorado FRANCIS T. MALONEY, Connecticut GEORGE L. RADCLIFFE, Maryland PRENTISS M. BROWN, Michigan HERBERT E. HITCHCOCK, South Dakota JAMES H. HUGHES, Delaware CLYDE L. HERRING, Iowa WILLIAM H. SMATHERS, New Jersey

LEON N. KEYSERLING, Clerk

SUBCOMMITTEE ON AGRICULTURAL FINANCE, FARM MORTGAGES, AND REATED

MATTERS

ALBEN W. BARKLEY, Kentucky, Chairman
ROBERT R. REYNOLDS, North Carolina FREDERICK STEIWER, Oregon
JAMES F. BYRNES, South Carolina

LYNN J. FRAZIER, North Dakota
JOHN H. BANKHEAD, Alabama
GEORGE L. RADCLIFFE, Maryland
HERBERT E. HITCHCOCK, South Dakota
JAMES H. HUGHES, Delaware
CLYDE L. HERRING, Iowa

II

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