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 3
... at the option of the borrower , in farm loan bonds . " SEC . 8 ( a ) . Section 13 of the Federal Farm Loan Act , as amended ( U.S.C. , Sup . VII , title 12 , sec . 781 ) , is amended by inserting at the end thereof the following new ...
... at the option of the borrower , in farm loan bonds . " SEC . 8 ( a ) . Section 13 of the Federal Farm Loan Act , as amended ( U.S.C. , Sup . VII , title 12 , sec . 781 ) , is amended by inserting at the end thereof the following new ...
Page 4
... meeting the credit needs of eligible borrowers from the bank , and the amount of the capital stock and paid - in surplus of such bank may be increased or decreased from time to time by the Governor , in accordance with such needs .
... meeting the credit needs of eligible borrowers from the bank , and the amount of the capital stock and paid - in surplus of such bank may be increased or decreased from time to time by the Governor , in accordance with such needs .
Page 5
When loans have been approved , we have not sold bonds on the market from the $ 2,000,000,000 authorization to get funds to pay the borrowers , for reasons you well understand . It has been impossible , because of conditions which were ...
When loans have been approved , we have not sold bonds on the market from the $ 2,000,000,000 authorization to get funds to pay the borrowers , for reasons you well understand . It has been impossible , because of conditions which were ...
Page 7
These subscriptions will be made in such amounts as the Governor may determine are necessary , in order to meet the credit needs of eligible borrowers from those institutions . Section 15 would authorize any Federal Reserve bank to buy ...
These subscriptions will be made in such amounts as the Governor may determine are necessary , in order to meet the credit needs of eligible borrowers from those institutions . Section 15 would authorize any Federal Reserve bank to buy ...
Page 8
... thereby furnishing the land banks with Government guaranteed bonds to be paid out to borrowers instead of cash . ... would be paid to the borrower who obtains a loan from the Land Bank Commissioner as is paid to land bank borrower .
... thereby furnishing the land banks with Government guaranteed bonds to be paid out to borrowers instead of cash . ... would be paid to the borrower who obtains a loan from the Land Bank Commissioner as is paid to land bank borrower .
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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 |