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
Such bonds shall be fully and unconditionally guaranteed both as to interest and principal by the United States , and such guaranty shall be expressed on the face thereof , and shall , on account of such guaranty , be lawful investments ...
Such bonds shall be fully and unconditionally guaranteed both as to interest and principal by the United States , and such guaranty shall be expressed on the face thereof , and shall , on account of such guaranty , be lawful investments ...
Page 5
... Land Bank Commissioner's loans from the $ 200,000,000 appropriation for that purpose and the Federal land - bank loans made under the $ 2,000,000,000 authorization of bonds , the interest of which was guaranteed by the Government .
... Land Bank Commissioner's loans from the $ 200,000,000 appropriation for that purpose and the Federal land - bank loans made under the $ 2,000,000,000 authorization of bonds , the interest of which was guaranteed by the Government .
Page 6
These bonds will be fully and unconditionally guaranteed as to interest and principal by the United States , and on account of such guaranty shall be lawful investments , and may be accepted as security , for all fiduciary , trust , and ...
These bonds will be fully and unconditionally guaranteed as to interest and principal by the United States , and on account of such guaranty shall be lawful investments , and may be accepted as security , for all fiduciary , trust , and ...
Page 7
That is , this section limits the issuance of additional bonds from the $ 2,000,000,000 authorized by the Emergency Farm Mortgage Act of 1933 , on which the interest only was guaranteed by the United States .
That is , this section limits the issuance of additional bonds from the $ 2,000,000,000 authorized by the Emergency Farm Mortgage Act of 1933 , on which the interest only was guaranteed by the United States .
Page 8
Now , the corporation will issue its bonds , guaranteed as to principal and interest ... for Federal land bank bonds , thereby furnishing the land banks with Government guaranteed bonds to be paid out to borrowers instead of cash .
Now , the corporation will issue its bonds , guaranteed as to principal and interest ... for Federal land bank bonds , thereby furnishing the land banks with Government guaranteed bonds to be paid out to borrowers instead of cash .
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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 |