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 6
Section 4 : In order to enable the Federal land banks and the Land Bank Commissioner to obtain the necessary funds for the continuation of their lending operations , the corporation will be authorized to issue bonds ...
Section 4 : In order to enable the Federal land banks and the Land Bank Commissioner to obtain the necessary funds for the continuation of their lending operations , the corporation will be authorized to issue bonds ...
Page 7
... ( 2 ) that the Corporation and its property and obligations will be exempt from taxation ; and ( 3 ) that the penalty provisions of the Farm Credit Act of 1933 shall be applicable to the operations of the Corporation .
... ( 2 ) that the Corporation and its property and obligations will be exempt from taxation ; and ( 3 ) that the penalty provisions of the Farm Credit Act of 1933 shall be applicable to the operations of the Corporation .
Page 10
Then , when the fiscal operations of the Government will permit these bonds to be sold we will go back to the cash basis . Mr. HOPE . You think you can sell these new bonds at a rate which will enable you to continue to make loans at ...
Then , when the fiscal operations of the Government will permit these bonds to be sold we will go back to the cash basis . Mr. HOPE . You think you can sell these new bonds at a rate which will enable you to continue to make loans at ...
Page 14
If it can be worked out under the 75 - percent limitation it can be done with the same machinery which is operating for the land bank and obviate the necessity of two separate organizations . The 2 landsbank could do just the same thing ...
If it can be worked out under the 75 - percent limitation it can be done with the same machinery which is operating for the land bank and obviate the necessity of two separate organizations . The 2 landsbank could do just the same thing ...
Page 16
... good competent farmers , more enterprising than the average , you cannot freeze them into the same pattern that the average farmer would fit into . A farmer may desire to increase his operations ; he may rent some land and produce ...
... good competent farmers , more enterprising than the average , you cannot freeze them into the same pattern that the average farmer would fit into . A farmer may desire to increase his operations ; he may rent some land and produce ...
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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 |