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
... corporation as may be necessary to carry out the powers and duties conferred upon the corporation , and to prescribe the manner in which the obligations of the corporation shall be incurred and its expenses allowed and paid . SEC .
... corporation as may be necessary to carry out the powers and duties conferred upon the corporation , and to prescribe the manner in which the obligations of the corporation shall be incurred and its expenses allowed and paid . SEC .
Page 2
... to be appropriated , out of any moneys in the Treasury not otherwise appropriated , and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such bonds .
... to be appropriated , out of any moneys in the Treasury not otherwise appropriated , and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such bonds .
Page 4
Out of such revolving fund , the Governor is authorized to allocate and expend such amounts as he deems necessary for subscriptions to the capital stock and / or paid - in surplus of Federal Intermediate Credit Banks .
Out of such revolving fund , the Governor is authorized to allocate and expend such amounts as he deems necessary for subscriptions to the capital stock and / or paid - in surplus of Federal Intermediate Credit Banks .
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 6
Stock will be paid for out of funds made available to the Land Bank Commissioner under the provision of section 32 of the Emergency Farm Mortgage Act of 1933 . This refers to the Land Bank Commissioner's fund , the $ 200,000,000 made ...
Stock will be paid for out of funds made available to the Land Bank Commissioner under the provision of section 32 of the Emergency Farm Mortgage Act of 1933 . This refers to the Land Bank Commissioner's fund , the $ 200,000,000 made ...
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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