Federal Farm Mortgage Corporation: Hearing Before the Committee on Agriculture, House of Representatives, Seventy-third Congress, Second Session on H.R. 6670. January 10, 1934 |
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Page 6
... able to the Land Bank Commissioner under the provision of section 32 of the Emergency Farm Mortgage Act of 1933 . This refers to the Land Bank Commissioner's fund , the $ 200,000,000 made available to the Land Commissioner last year ...
... able to the Land Bank Commissioner under the provision of section 32 of the Emergency Farm Mortgage Act of 1933 . This refers to the Land Bank Commissioner's fund , the $ 200,000,000 made available to the Land Commissioner last year ...
Page 8
... able to make further loans when the bonds are made available ? Governor MYERS . Yes . The CHAIRMAN . In order to carry out the purposes of the emergency act ? Governor MYERS . I am sure that everybody would prefer , to pay out cash if ...
... able to make further loans when the bonds are made available ? Governor MYERS . Yes . The CHAIRMAN . In order to carry out the purposes of the emergency act ? Governor MYERS . I am sure that everybody would prefer , to pay out cash if ...
Page 9
... at the time the farm mortgage bill was passed , last spring , it was contemplated that you would be able to exchange land - bank bonds for mortgages . Governor MYERS . That is correct . Mr. HOPE . FEDERAL FARM MORTGAGE CORPORATION 9.
... at the time the farm mortgage bill was passed , last spring , it was contemplated that you would be able to exchange land - bank bonds for mortgages . Governor MYERS . That is correct . Mr. HOPE . FEDERAL FARM MORTGAGE CORPORATION 9.
Page 11
... able to use that much if necessary to meet the situation . Mr. HOPE . Yes . I just wanted to be sure that I understood it . Mr. GLOVER . Mr. Chairman , I would like to ask a question . The CHAIRMAN . Just a moment . I believe Mr. Hope ...
... able to use that much if necessary to meet the situation . Mr. HOPE . Yes . I just wanted to be sure that I understood it . Mr. GLOVER . Mr. Chairman , I would like to ask a question . The CHAIRMAN . Just a moment . I believe Mr. Hope ...
Page 12
... able to say in that connection . I have fre- quent inquiries about this matter from farmers and borrowers and I would like to know what prompts that interpretation of the law because I would like to be able to advise them correctly ...
... able to say in that connection . I have fre- quent inquiries about this matter from farmers and borrowers and I would like to know what prompts that interpretation of the law because I would like to be able to advise them correctly ...
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amended by inserting amended U.S.C. application appraisal approved Bank Commissioner loans Bank Commissioner's loans bill board of directors BOILEAU bonds for mortgages bonds issued bonds of equal borrowers capital cash CHAIRMAN creditor Emergency Farm Mortgage end thereof equal face value Farm Credit Act Farm Credit Administration Farm Loan Act farm loan bonds Farm Mortgage Act Farm Mortgage Corporation farmer Federal Farm Loan Federal Farm Mortgage Federal land bank FULMER GILCHRIST GLOVER Goss Government Governor MYERS guaranteed hereby HOPE HOVEY income indebtedness interest rate intermediate credit banks joint-stock land banks KLEBERG land bank bonds Land Bank Commissioner Land Bank Commissioner's land-bank loans Liberty Loan Act loans closed MARVIN JONES Mortgage Corporation bonds mortgage loans necessary paid paid-in surplus poration provisions purpose question Reconstruction Finance Corporation revolving fund scaling Secretary section 32 taxation tion title 12 TOBEY Treasury unconditionally guaranteed United Wichita bank