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 5
When the act was passed , from 3 to 4 million dollars a month in loans were being closed ; but from August to December , inclusive , the amounts closed approximately doubled each month . For August the amount was more than $ 7,000,000 ...
When the act was passed , from 3 to 4 million dollars a month in loans were being closed ; but from August to December , inclusive , the amounts closed approximately doubled each month . For August the amount was more than $ 7,000,000 ...
Page 8
Up to last night we had closed , since May , approximately $ 250,000,000 The CHAIRMAN . In other words , about ten times as much during the period since May as was closed during the previous year ? Governor MYERS .
Up to last night we had closed , since May , approximately $ 250,000,000 The CHAIRMAN . In other words , about ten times as much during the period since May as was closed during the previous year ? Governor MYERS .
Page 15
... changes in economic conditions , that it will determine the production of the land and apply the prices which prevailed during the 5 - year period , 1909 to 1914 , which roughly was approximately 40 percent above the present .
... changes in economic conditions , that it will determine the production of the land and apply the prices which prevailed during the 5 - year period , 1909 to 1914 , which roughly was approximately 40 percent above the present .
Page 23
The compilations which we have show that of all the Land Bank Commissioner's loans approximately one sixth of the amounts were scaled down and that scaling down was accomplished in about 17 percent of the cases . Mr. BOILEAU .
The compilations which we have show that of all the Land Bank Commissioner's loans approximately one sixth of the amounts were scaled down and that scaling down was accomplished in about 17 percent of the cases . Mr. BOILEAU .
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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
Bibliographic information
| Title | 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 |
| Author | United States. Congress. House. Committee on Agriculture |
| Publisher | U.S. Government Printing Office, 1934 |
| Original from | University of Minnesota |
| Digitized | 15 Aug 2014 |
| Length | 27 pages |
| Export Citation | BiBTeX EndNote RefMan |