Farm Credit Legislation, Hearing Before ..., 76-3 on H.R. 8748 ..., March 7 to April 5, 19401940 - 515 pages |
From inside the book
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Page 10
... reference to that type of obligation ? I do not know whether you are familiar with the Wheeler bill or not , but that is a bill dealing with that problem . Mr. BLACK . The Wheeler bill as it was introduced 10 FARM CREDIT LEGISLATION.
... reference to that type of obligation ? I do not know whether you are familiar with the Wheeler bill or not , but that is a bill dealing with that problem . Mr. BLACK . The Wheeler bill as it was introduced 10 FARM CREDIT LEGISLATION.
Page 28
... problem . I am wondering if we could set some day next week for them ? The CHAIRMAN . Is that satisfactory with the committee ? I do not see any use in having a number of them appear . Can they not select one as spokesman ? There is no ...
... problem . I am wondering if we could set some day next week for them ? The CHAIRMAN . Is that satisfactory with the committee ? I do not see any use in having a number of them appear . Can they not select one as spokesman ? There is no ...
Page 55
... problem of agriculture in a way it had never been solved before . HOW THE LOANS WERE MADE The loans were made up to 75 percent of the normal agricultural value of the farm . The normal agricultural value was based on the earning power ...
... problem of agriculture in a way it had never been solved before . HOW THE LOANS WERE MADE The loans were made up to 75 percent of the normal agricultural value of the farm . The normal agricultural value was based on the earning power ...
Page 56
... problem is to get the farmer a decent price for what he raises , or a parity price , if these farmers are ever going to pay their interest on their loans . When the members of this com- mittee and other Members of the House see the ...
... problem is to get the farmer a decent price for what he raises , or a parity price , if these farmers are ever going to pay their interest on their loans . When the members of this com- mittee and other Members of the House see the ...
Page 61
... problem and I am glad I don't have to sit here and answer you that question . Mr. BLACK . I don't know that I understand you , but if they can't pay their debts , why , of course , attempts will be made to see whether they can manage ...
... problem and I am glad I don't have to sit here and answer you that question . Mr. BLACK . I don't know that I understand you , but if they can't pay their debts , why , of course , attempts will be made to see whether they can manage ...
Common terms and phrases
adjustment agency Agriculture amount ANDRESEN average bank system bankers basis BELL bill BLACK borrowers callable CHAIRMAN COFFEE committee Congress COOLEY cooperative features cost credit system debt deficiency judgments delinquent DICKERSON district DOXEY Farm Credit Administration farm loan Farm Mortgage Corporation farmers Federal Farm Mortgage Federal Government Federal land bank Federal land-bank system Federal Reserve System FERGUSON financing FLANNAGAN foreclosed foreclosure FULMER GILCHRIST going Goss Governor HOPE institution interest rates issue KLEBERG Land Bank Commissioner land-bank bonds land-bank loans legislation LEMKE lending loan associations losses Marvin Jones ment mortgage loans MURRAY MYLANDER national farm national farm-loan associations North Dakota operation outstanding PACE paid payments percent period PIERCE present production credit productive value question rate of interest reamortize refinancing Secretary WALLACE sell SHORT statement subsidy TABER THATCHER thing tion Treasury ZIMMERMAN
Popular passages
Page 2 - Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended...
Page 2 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 77 - The CHAIRMAN. The committee will come to order, please. We have with us this morning Mr.
Page 117 - Patten, we will be glad to hear you at this time. STATEMENT OF HON.
Page 145 - Every such mortgage shall contain an agreement providing for the repayment of the loan on an amortization plan by means of a fixed number of annual or semiannual installments...
Page 509 - Mid pleasures and palaces though we may roam, Be it ever so humble, there's no place like home; A charm from the sky seems to hallow us there, Which, seek through the world, is ne'er met with elsewhere. Home, home, sweet, sweet home! There's no place like home, oh, there's no place like home!
Page 2 - All obligations issued by the Authority shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under authority or control of the United States or of any officer or officers thereof.
Page 2 - ... the bonds of the Corporation acquired by him under this section. All redemptions, purchases, and sales by the Secretary of the Treasury of the bonds of the Corporation shall be treated as publicdebt transactions of the United States. With the approval of the Secretary of the Treasury, the Corporation shall have power to purchase such bonds in the open market at any time and at any price.
Page 2 - Such obligations shall be in such forms and denominations, shall have such maturities, shall bear such rates of interest, shall be subject to such terms and conditions, and shall be issued in such manner and sold at such prices as may be prescribed by the Commodity Credit Corporation, with the approval of the Secretary of the Treasury.
Page 8 - SEC. 52. No officer, attorney, or other employee of the corporation shall, directly or indirectly, be the beneficiary of or receive any fee, commission, gift, or other consideration for or in connection with any transaction or business under this Act other than such salary, fee, or other compensation as he may receive as such officer, attorney, or employee. No member of a county committee established under section 42 shall knowingly make or join in making any certification prohibited by section 2...