Reviving the Activities of the War Finance Corporation: Joint Hearings Before the Committees on Agriculture and Forestry, Congress of the United States, Sixty-sixth Congress, Third Session, on S.J.Res. 212, a Resolution Directing the War Finance Corporation and the Federal Reserve Board to Take Certain Action for the Relief of the Present Depression in the Agricultural Sections of the CountryU.S. Government Printing Office, 1920 - Agricultural credit |
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Common terms and phrases
American amount bales bankers bonds borrow bushel BYRNES of South cattle cents a pound CHAIRMAN CHASSELL commodities Congress CONNOR corn cost of production cotton crop directors discount dollars exports farm loan farm products farmers Federal reserve act Federal reserve banks Federal Reserve Board Federal reserve system Finance Corporation gentlemen Germany going Government GRONNA growers HARDING industry Kansas City LYON manufacturers MCCLURE MCKELVIE member banks MEYER months Nebraska paper present question rediscount Representative BYRNES Representative HEFLIN Representative TINCHER SCROYER Secretary HOUSTON sell Senator CAPPER Senator GORE Senator HARRISON Senator KENDRICK Senator KENYON Senator MCNARY Senator NORRIS Senator SMITH Senator WALSH sheep situation SMITH of Georgia SMITH of South sold South Carolina statement surplus thing THOMPSON tion to-day tobacco Treasury United WALSH of Montana War Finance Corporation warehouse wheat WILCOX wool
Popular passages
Page 165 - ... shall be appointed without regard to the provisions of the Act entitled "An Act to regulate and improve the civil service of the United States...
Page 167 - If any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Page 160 - States to be appointed by the President, by and with the advice and consent of the Senate.
Page 163 - Any and all notes, debentures, bonds or other such obligations issued by the corporation shall be exempt both as to principal and Interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any territory, dependency or possession thereof, or by any state, county, municipality or local taxing authority.
Page 166 - Board may, by one or more of its members or by such agents or agencies as it may designate, prosecute any inquiry necessary to its functions in any part of the United States.
Page 164 - Nothing herein shall be construed to exempt the real property of associations from either State, county or municipal taxes, to the same extent, according to its value, as other real property is taxed...
Page 163 - All such bonds and certificates shall be exempt, both as to principal and interest from all taxation now or hereafter imposed by the United States, any State, or any of the poasessions of the United States, or by any local taxing authority, except (a) estate or inheritance taxes...
Page 166 - Beginning six months after the termination of the war, the date of such termination to be fixed by a proclamation of the President of the United States...
Page 164 - The Secretary of the Treasury is hereby authorized to direct and use the Secret Service Division of the Treasury Department to detect, arrest, and deliver into custody of the United States marshal having jurisdiction, any person or persons violating any of the provisions of this section.
Page 160 - ... (e) No director, officer, attorney, agent, or employee of the Bank shall in any manner, directly or indirectly, participate in the deliberation upon or the determination of any question affecting his personal interests, or the interests of any corporation, partnership, or association in which he is directly or indirectly personally interested.