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 1
... of the corporation as may be necessary to carry out the powers and duties conferred upon the corporation , and to prescribe the manner in which the obligations of the corporation shall be incurred and its expenses allowed and paid .
... of the corporation as may be necessary to carry out the powers and duties conferred upon the corporation , and to prescribe the manner in which the obligations of the corporation shall be incurred and its expenses allowed and paid .
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 6
necessary to try to get funds to carry forward the program . The demands upon the Government for cash are such that the administration deemed it advisable and necessary for us to attempt to finance the loan program by the use of bonds ...
necessary to try to get funds to carry forward the program . The demands upon the Government for cash are such that the administration deemed it advisable and necessary for us to attempt to finance the loan program by the use of bonds ...
Page 8
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 we could do that , but we have , however , a problem since the Government , in financing its program ...
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 we could do that , but we have , however , a problem since the Government , in financing its program ...
Page 10
... in part , to the agricultural situation , and because the money situation was disturbed it seemed perfectly clear that the bonds could not be sold in sufficient quantities to carry forward the program . We are now prepared to close ...
... in part , to the agricultural situation , and because the money situation was disturbed it seemed perfectly clear that the bonds could not be sold in sufficient quantities to carry forward the program . We are now prepared to close ...
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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 |