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 10
Of course , the fact that only the interest on the bonds was guaranteed made them less attractive to the insurance companies , so they preferred to have cash . Mr. HOPE . And they would not indicate that they would be willing to take ...
Of course , the fact that only the interest on the bonds was guaranteed made them less attractive to the insurance companies , so they preferred to have cash . Mr. HOPE . And they would not indicate that they would be willing to take ...
Page 14
... and that takes time , of course , it is true . We believe , however , that the land banks are now equipped to handle that as well as it can safely be handled by any group if we were to have a separate organization .
... and that takes time , of course , it is true . We believe , however , that the land banks are now equipped to handle that as well as it can safely be handled by any group if we were to have a separate organization .
Page 15
If the system has been changed , of course , that is different , but at the first we had the plan of the person desiring a loan having to make application to the Federal land bank and after it was turned down he had to make another ...
If the system has been changed , of course , that is different , but at the first we had the plan of the person desiring a loan having to make application to the Federal land bank and after it was turned down he had to make another ...
Page 16
If the farmer has additional income or has other means or other sources of security to take care of the additional debt , that debt , of course , is not required to be brought within the 75 percent . Mr. Hope .
If the farmer has additional income or has other means or other sources of security to take care of the additional debt , that debt , of course , is not required to be brought within the 75 percent . Mr. Hope .
Page 17
Of course , there are a number of reasons giving rise to this variation in amount . Among these are the greater number of applications and the size of the applications . Mr. Hope . Yes ; I understand ; but that would not seem to me to ...
Of course , there are a number of reasons giving rise to this variation in amount . Among these are the greater number of applications and the size of the applications . Mr. Hope . Yes ; I understand ; but that would not seem to me to ...
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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