Activities and Organization of Lending Agencies of the Government, Volume 4 |
From inside the book
Results 1-5 of 14
Page vi
... earnings accumulated through employment of capital fur- nished by the Government . Recommendation that corporations in the Farm Credit Adminis- tration be controlled as Government corporations as long as the Government is directly or ...
... earnings accumulated through employment of capital fur- nished by the Government . Recommendation that corporations in the Farm Credit Adminis- tration be controlled as Government corporations as long as the Government is directly or ...
Page 12
... earnings after deducting certain provisions for anticipated losses , and the net earnings of the wholly owned corporations accumulate in favor of the Government . The wholly owned corporations are the Federal Farm Mortgage Corporation ...
... earnings after deducting certain provisions for anticipated losses , and the net earnings of the wholly owned corporations accumulate in favor of the Government . The wholly owned corporations are the Federal Farm Mortgage Corporation ...
Page 28
... earnings of the future . It is difficult for smaller businesses to obtain long - term borrowed capital repayable out of earnings , partic- ularly if the owner - operators are reluctant to dilute their control by bringing new equity ...
... earnings of the future . It is difficult for smaller businesses to obtain long - term borrowed capital repayable out of earnings , partic- ularly if the owner - operators are reluctant to dilute their control by bringing new equity ...
Page 50
... EARNINGS ACCUMULATED THROUGH EMPLOY- MENT OF CAPITAL FURNISHED BY THE GOVERNMENT In the early days of the land - bank system , the banks were financed in part through Government ownership of their stock . The Government capital was at ...
... EARNINGS ACCUMULATED THROUGH EMPLOY- MENT OF CAPITAL FURNISHED BY THE GOVERNMENT In the early days of the land - bank system , the banks were financed in part through Government ownership of their stock . The Government capital was at ...
Page 51
... earnings , dividend distribu- tions are , in effect , direct cash subsidies to the land - bank borrowers who thereby receive double financial assistance . These direct sub- sidies are not based upon the needs of the recipients , nor are ...
... earnings , dividend distribu- tions are , in effect , direct cash subsidies to the land - bank borrowers who thereby receive double financial assistance . These direct sub- sidies are not based upon the needs of the recipients , nor are ...
Common terms and phrases
accounting Adminis Agriculture amount appropriate authority Banking and Currency board of directors borrowers business enterprises capital funds capital stock charter Committee on Banking conducted continued Corporation's cost Credit Corporation Defense Homes Corporation direct lending discontinued disposal dividends Eightieth Congress equity established existence extensive Farm Credit Administration Farmers FDIC Federal Deposit Insurance Federal Government Federal home loan Federal Housing Administration Federal land banks Federal National Mortgage Federal Reserve banks Federal Reserve System Federal Works Agency functions Government's Home Administration Home Finance Agency Home Loan Bank Housing and Home institutions interest intermediate credit banks investment June 30 lending activities liquidation loan guaranty ment necessary obligations operations organization ownership paid payment percent present properties provisions Public Housing Administration Public Law purpose recommendation that RFC Reconstruction Finance Corporation repayment responsibility RFC Act secondary market self-sustaining basis subsidy supervision tion transferred Treasury Department United
Popular passages
Page 79 - In the appointment of officials and the selection of employees for said Corporation, and in the promotion of any such employees or officials, no political test or qualification shall be permitted or given consideration, but. all such appointments and promotions shall be given and made on the basis of merit and efficiency.
Page 78 - ... to sue and be sued, to complain and to defend, in any court of competent jurisdiction, State or Federal...
Page 78 - Whenever a vacancy shall occur among the members the person appointed to fill such vacancy shall hold office for the unexpired portion of the term of the member whose place he is selected to fill. Each of the members of the board...
Page 101 - ... percent of the balance outstanding at the time of disbursement, in those cases where the total amount borrowed is over $100,000.
Page 7 - It may not be necessary to use such an instrumentality very extensively. The very existence of such a bulwark will strengthen confidence.
Page 30 - System, may make loans to, or purchase obligations of, such business, or may make commitments with respect thereto, on a reasonable and sound basis, for the purpose of providing it with working capital, but no obligation shall be acquired or commitment made hereunder with a maturity exceeding five years.
Page 77 - ... to determine the necessity for and the character and amount of its expenditures and the manner in which they shall be incurred, allowed, paid and accounted for...
Page 79 - Treasury upon the basis of the current average rate on outstanding marketable obligations of the United States.
Page 78 - Agriculture, without cost to the telephone bank ; "(c) the telephone bank shall be subject to the provisions of the Government Corporation Control Act, as amended (31 USC 841, et seq. ) , in the same manner and to the same extent as if it were included in the definition of 'wholly owned Government corporation...
Page x - System, the Federal Deposit Insurance Corporation, the Federal Savings and Loan Insurance Corporation, or the Administrator of the National Credit Union Administration...