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" It may not be necessary to use such an instrumentality very extensively. The very existence of such a bulwark will strengthen confidence. "
Activities and Organization of Lending Agencies of the Government - Page 7
by Price, Waterhouse & Co - 1949 - 108 pages
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Papers Relating to the Foreign Relations of the United States, Volume 1

United States. Department of State - Latin America - 1946 - 1080 pages
...Reconstruction Corporation of the nature of the former War Finance Corporation should be established. It may not be necessary to use such an instrumentality...of such a bulwark will strengthen confidence. The Treasury should be authorized to subscribe a reasonable capital to it, and it should be given authority...
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Herbert Hoover: Containing the Public Messages, Speeches, and ..., Volume 1931

United States. President (1929-1933 : Hoover) - Presidents - 1974 - 946 pages
...Reconstruction Corporation of the nature of the former War Finance Corporation should be established. It may not be necessary to use such an instrumentality...of such a bulwark will strengthen confidence. The Treasury should be authorized to subscribe a reasonable capital to it, and it should be given authority...
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From New Era to New Deal: Herbert Hoover, the Economists, and American ...

William J. Barber - History - 1988 - 256 pages
...unlikely. The very existence of RFC as a "bulwark" could be expected so to strengthen confidence that "it may not be necessary to use such an instrumentality very extensively." a There was something remarkable as well in another feature of the administration's architecture of...
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Financial History of the United States

Paul Studenski, Herman Edward Krooss - Business & Economics - 2003 - 548 pages
...the War Finance Corporation, to make loans to financial institutions which were in difficulties. He said, "It may not be necessary to use such an instrumentality...existence of such a bulwark will strengthen confidence." He did not abandon his faith in the adequacy of private, voluntary measures of assistance but considered...
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The Two Faces of Liberalism: How the Hoover-Roosevelt Debate Shapes the 21st ...

Gordon Lloyd - Biography & Autobiography - 2006 - 446 pages
...Reconstruction Corporation of the nature of the former War Finance Corporation should be established. It may not be necessary to use such an instrumentality...of such a bulwark will strengthen confidence. The Treasury should be authorized to subscribe a reasonable capital to it, and it should be placed in liquidation...
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