Creation of a System of Federal Home Loan Banks: Hearings Before a Subcommittee of the Committee on Banking and Currency, House of Representatives, Seventy-second Congress, First Session, on H.R. 7620, a Bill to Create Federal Home Loan Banks, to Provide for the Supervision Thereof and for Other Purposes. March 16, 17, 18, 21, 22, 23, 24, 25, 28, 29, 30, 1932. Printed for the Use of the Committee on Banking and Currency |
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Page 1
... Hancock , Williams , Luce , and Campbell . The subcommittee thereupon proceeded to the consideration of the bill ( H. R. 7620 ) to create Federal home loan banks , to provide for the supervision thereof , and for other purposes ...
... Hancock , Williams , Luce , and Campbell . The subcommittee thereupon proceeded to the consideration of the bill ( H. R. 7620 ) to create Federal home loan banks , to provide for the supervision thereof , and for other purposes ...
Page 11
... Hancock ? Mr. HANCOCK . Yes ; that is entirely satisfactory . Mr. REILLY ( presiding ) . The bill before this subcommittee bears the name of Representative Luce , a member of this subcommittee . The Chair understands that Mr. Luce has ...
... Hancock ? Mr. HANCOCK . Yes ; that is entirely satisfactory . Mr. REILLY ( presiding ) . The bill before this subcommittee bears the name of Representative Luce , a member of this subcommittee . The Chair understands that Mr. Luce has ...
Page 23
... HANCOCK . Is it the intention of the committee to confine their attention to this bill at this time or will the committee consider other similar bills ? I was wondering whether it would be wise to consider them jointly or separately or ...
... HANCOCK . Is it the intention of the committee to confine their attention to this bill at this time or will the committee consider other similar bills ? I was wondering whether it would be wise to consider them jointly or separately or ...
Page 40
... Hancock has a question he might ask him now . Mr. HANCOCK . It is perfectly all right to wait . I have been very much interested in the impressive statement made by the gentleman and I am interested to know what his view is with respect ...
... Hancock has a question he might ask him now . Mr. HANCOCK . It is perfectly all right to wait . I have been very much interested in the impressive statement made by the gentleman and I am interested to know what his view is with respect ...
Page 41
... HANCOCK . May I ask a question right at that point ? Mr. FRIEDLANDER . Yes . Mr. HANCOCK . Up to this present crisis , due to restrictions in bank- ing credit and to degeneration in values and as a result of one cause or another , has ...
... HANCOCK . May I ask a question right at that point ? Mr. FRIEDLANDER . Yes . Mr. HANCOCK . Up to this present crisis , due to restrictions in bank- ing credit and to degeneration in values and as a result of one cause or another , has ...
Common terms and phrases
50 per cent amendment amortized amount assets asso bank system BODFISH bonds borrow building and loan CAMPBELL capital Chairman CLARK collateral committee CONGRESS THE LIBRARY CROSSER deposits directors eligible ERMON fact farm loan Federal home loan Federal land bank Federal reserve act Federal reserve system foreclosures FRIEDLANDER funds gentlemen going Government HANCOCK home financing home loan bank home mortgage loans home owner home ownership houses institutions insurance companies investment judgment KARR legislation lend LIBRARY OF CONGRESS loan associations loan bank bill LUCE MACCHESNEY MADDEN ment Monks mutual savings banks MYLANDER Ohio paid payments President purpose question real-estate Reconstruction Finance Corporation rediscount REILLY RINDSFOOS ROQUE ROSENBAUM savings banks Senate hearings situation SMITH statement STICKEL subscribe suggestion supervision testimony thing tion to-day United unpaid principal WILLIAMS
Popular passages
Page 154 - That is not what I am talking about. I am talking about, for example, the Mad River, or the Naugatuck River, which are not navigable.
Page 8 - States and such guaranty shall be expressed on the face thereof, and such bonds 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 the authority or control of the United States or any officer or officers thereof.
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Page 31 - States, and a bill embodying such compromise was presented to the Committee on Banking and Currency of the House of Representatives on...
Page 8 - Such drafts or bills may be acquired by Federal Reserve Banks in such amounts and subject to such regulations, restrictions, and limitations as may be prescribed by the Federal Reserve Board...
Page 8 - Examination, consisting of seven members, one to serve for one year, one for two years, one for three years, one for four years, one for five years, one for six years and one for seven years, and the successors of each for the term of seven years, who shall be physicians in good standing in their profession, representation to be given...
Page 9 - Whoever makes any statement knowing it to be false or whoever willfully overvalues any security for the purpose of obtaining for himself or for any applicant any loan or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release or substitution of security therefor, or for the purpose of influencing in any way...
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Page 9 - The Corporation shall be entitled to the free use of the United States mails in the same manner as the executive departments of the Government.
Page 23 - The committee will adjourn until 2 o'clock. (Whereupon, at 12.05 o'clock pm, an adjournment was taken until 2 o'clock pm, of the same day.) AFTER RECESS The committee reconvened at 2 o'clock pm, pursuant to the taking of recess.