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 4
I have only a few copies available but I will pass them out as far as they go . I think you can see what has happened from the chart . Mr. CHASE . That is money actually paid out ? Governor MYERS . Money actually paid out .
I have only a few copies available but I will pass them out as far as they go . I think you can see what has happened from the chart . Mr. CHASE . That is money actually paid out ? Governor MYERS . Money actually paid out .
Page 5
But , Mr. Chairman , the approvals have run far beyond the amount of loans actually closed , because it takes time to carry through the formalities incident to the closing of loans . On January 1 , loans aggregating more than ...
But , Mr. Chairman , the approvals have run far beyond the amount of loans actually closed , because it takes time to carry through the formalities incident to the closing of loans . On January 1 , loans aggregating more than ...
Page 8
How does the amount of loans actually closed since last May compare with the loans made by the land banks during the previous year ? Governor Myers . The second page of the figures which you have , Mr. Chairman , shows the loans closed ...
How does the amount of loans actually closed since last May compare with the loans made by the land banks during the previous year ? Governor Myers . The second page of the figures which you have , Mr. Chairman , shows the loans closed ...
Page 16
Now , I do not believe that the law itself actually requires this ; at least , I cannot find any language requiring it , and I assume that it is therefore simply an administrative policy . I do not think that you could apply the same ...
Now , I do not believe that the law itself actually requires this ; at least , I cannot find any language requiring it , and I assume that it is therefore simply an administrative policy . I do not think that you could apply the same ...
Page 22
... hard on the farmer ; in other words , they have foreclosed on the mortgage , taken over the land and refused to reduce the mortgage ; bought in the bonds , and in some instances have actually made a profit out of the transaction .
... hard on the farmer ; in other words , they have foreclosed on the mortgage , taken over the land and refused to reduce the mortgage ; bought in the bonds , and in some instances have actually made a profit out of the transaction .
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Common terms and phrases
able actually additional agricultural amended amount application approved approximately authorized believe bill BOILEAU bonds borrowers capital carry cash CHAIRMAN changed closed Commissioner's loans committee course Credit Act creditor deal debt desire determine difference difficulty directors District Emergency exchange extent Farm Credit Administration farm loan Farm Mortgage Act Farm Mortgage Corporation farmer Federal Farm Mortgage Federal land bank figures Finance FULMER funds further giving GLOVER Goss Government Governor MYERS guaranteed handle held HOPE Hovey income indebtedness interest issued January joint-stock land banks KLEBERG Land Bank Commissioner limitations Loan Act meet months necessary needs normal obtained officers operations paid passed percent period position possible present principal production provisions purchase question receive reduced reference refinancing scaling Secretary sell situation thereof thing tion Treasury understand United Wichita