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 4
... in such amounts as he may determine are necessary for the purpose of 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 ...
... in such amounts as he may determine are necessary for the purpose of 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 ...
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 9
The interest rate is not stipulated in the law because the interest rate necessary to make the bonds worth par cannot be determined in advance , so we provide in the law that the interest rate will be determined only after consultation ...
The interest rate is not stipulated in the law because the interest rate necessary to make the bonds worth par cannot be determined in advance , so we provide in the law that the interest rate will be determined only after consultation ...
Page 12
But , anyway , we adopted a program for determining the normal value , which was considerable in excess of the distress values which ... And so , in order to get at the value we first determine the average > production of the land .
But , anyway , we adopted a program for determining the normal value , which was considerable in excess of the distress values which ... And so , in order to get at the value we first determine the average > production of the land .
Page 13
Having determined its production , we apply the values that prevailed during the 5 - year period , 1909 to 1914 . This gives us the gross production expressed in dollars . Next , we determine the cost of production and get the net ...
Having determined its production , we apply the values that prevailed during the 5 - year period , 1909 to 1914 . This gives us the gross production expressed in dollars . Next , we determine the cost of production and get the net ...
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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 |