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 2
( b ) The corporation is further authorized to purchase from time to time , for cash , consolidated bonds of the twelve Federal land banks issued or to be issued under the provisions of the Federal Farm Loan Act , as amended , at such ...
( b ) The corporation is further authorized to purchase from time to time , for cash , consolidated bonds of the twelve Federal land banks issued or to be issued under the provisions of the Federal Farm Loan Act , as amended , at such ...
Page 5
The $ 140,000,000 of land - bank loans which have been closed have been paid entirely in cash . 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 ...
The $ 140,000,000 of land - bank loans which have been closed have been paid entirely in cash . 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 ...
Page 6
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 instead of cash , and the purpose of this bill is to make ...
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 instead of cash , and the purpose of this bill is to make ...
Page 7
The corporation will also be authorized to purchase , for cash , consolidated farm loan bonds from the 12 Federal land banks . The Secretary of the Treasury is authorized , in his discretion , to purchase bonds of the corporation ...
The corporation will also be authorized to purchase , for cash , consolidated farm loan bonds from the 12 Federal land banks . The Secretary of the Treasury is authorized , in his discretion , to purchase bonds of the corporation ...
Page 8
... and will exchange these bonds for Federal land bank bonds , thereby furnishing the land banks with Government guaranteed bonds to be paid out to borrowers instead of cash . The Land Bank Commissioner would act as the agent for this ...
... and will exchange these bonds for Federal land bank bonds , thereby furnishing the land banks with Government guaranteed bonds to be paid out to borrowers instead of cash . The Land Bank Commissioner would act as the agent for this ...
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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 |