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 11
Not only the indebtedness on the land but all indebtedness . There has been a great deal of criticism among the farmers of the Farm Credit Administration on this point , and I understand it to be the position of the administration that ...
Not only the indebtedness on the land but all indebtedness . There has been a great deal of criticism among the farmers of the Farm Credit Administration on this point , and I understand it to be the position of the administration that ...
Page 16
And I am not quarreling with that general proposition , of reducing farm indebtedness where it can be done fairly , but there are a good many difficulties in individual cases . Now , you might have the case of a farmer who has some ...
And I am not quarreling with that general proposition , of reducing farm indebtedness where it can be done fairly , but there are a good many difficulties in individual cases . Now , you might have the case of a farmer who has some ...
Page 17
creditors , that is , other creditors that they must sacrifice a part of their indebtedness . We feel that about all we can do , under the authority granted us in the law , is to make as sympathetic an interpretation of the law as we ...
creditors , that is , other creditors that they must sacrifice a part of their indebtedness . We feel that about all we can do , under the authority granted us in the law , is to make as sympathetic an interpretation of the law as we ...
Page 18
I have had a number of complaints from persons who have made applications for loans for refinancing their indebtedness . Many of these complaints run along this line . When the application is made the appraiser will go out and appraise ...
I have had a number of complaints from persons who have made applications for loans for refinancing their indebtedness . Many of these complaints run along this line . When the application is made the appraiser will go out and appraise ...
Page 19
I would like to say this , however : We have refinanced much more mortgage indebtedness than other forms of indebtedness . Our biggest effort has been made to help refinance these mortgages so as to help the farmer borrow what he needs ...
I would like to say this , however : We have refinanced much more mortgage indebtedness than other forms of indebtedness . Our biggest effort has been made to help refinance these mortgages so as to help the farmer borrow what he needs ...
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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 |