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
( A BILL To provide for the establishment of a corporation to aid in the refinancing of farm debts , and for other purposes Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled ...
( A BILL To provide for the establishment of a corporation to aid in the refinancing of farm debts , and for other purposes Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled ...
Page 2
All redemptions , purchases , and sales by the Secretary of the Treasury of the bonds of the corporation shall be treated as public debt transactions of the United States . Such bonds shall be fully and adequately secured by such assets ...
All redemptions , purchases , and sales by the Secretary of the Treasury of the bonds of the corporation shall be treated as public debt transactions of the United States . Such bonds shall be fully and adequately secured by such assets ...
Page 5
This increase is in response to the efforts put forth by the Farm Credit Administration to give effective relief through the refinancing of debts , made possible under the Emergency Farm Mortgage Act . Up to last night we had paid out ...
This increase is in response to the efforts put forth by the Farm Credit Administration to give effective relief through the refinancing of debts , made possible under the Emergency Farm Mortgage Act . Up to last night we had paid out ...
Page 10
We are now prepared to close loans at the rate of $ 150,000,000 a month , as long as necessary to meet the farm debt situation . Mr. HOPE . Did you ever take it up with insurance companies and other companies handling bond matters and ...
We are now prepared to close loans at the rate of $ 150,000,000 a month , as long as necessary to meet the farm debt situation . Mr. HOPE . Did you ever take it up with insurance companies and other companies handling bond matters and ...
Page 11
Thus , these loans make it possible for the good farmer to rearrange his debts so he can handle them . In almost all of the really distressed cases , the Commissioner's loan has been necessary for refinancing the debt of the farmer .
Thus , these loans make it possible for the good farmer to rearrange his debts so he can handle them . In almost all of the really distressed cases , the Commissioner's loan has been necessary for refinancing the debt of the farmer .
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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