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
... criticism among the farmers of the Farm Credit Administration on this point , and I understand it to be the position of the administration that the law requires this to be done . Now , I do not read the FEDERAL FARM MORTGAGE CORPORATION 11.
... criticism among the farmers of the Farm Credit Administration on this point , and I understand it to be the position of the administration that the law requires this to be done . Now , I do not read the FEDERAL FARM MORTGAGE CORPORATION 11.
Page 12
... position where he would have a fighting chance to work his way out ; that if we just merely transferred a certain portion of the farmer's obligations over to the Government , and allowed a sufficient portion of it to remain as a hang ...
... position where he would have a fighting chance to work his way out ; that if we just merely transferred a certain portion of the farmer's obligations over to the Government , and allowed a sufficient portion of it to remain as a hang ...
Page 13
... loans at all . Some of the commissioners , as I understand , took the position that the Federal land banks would first have to 34521-34- -1 pass on the commissioner's loans and turn them down before FEDERAL FARM MORTGAGE CORPORATION 13.
... loans at all . Some of the commissioners , as I understand , took the position that the Federal land banks would first have to 34521-34- -1 pass on the commissioner's loans and turn them down before FEDERAL FARM MORTGAGE CORPORATION 13.
Page 17
... position as every other secured credi- tor , does it not ? Governor MYERS . But please remember this : The Federal land banks are owned by the borrowers and it stands between the farmer who owes the debt or the mortgage and the bond ...
... position as every other secured credi- tor , does it not ? Governor MYERS . But please remember this : The Federal land banks are owned by the borrowers and it stands between the farmer who owes the debt or the mortgage and the bond ...
Page 19
... position of the municipal obligations which have to depend on taxation for their support . Mr. KLEBERG . That is the point I was endeavoring to make . The CHAIRMAN . Any further questions ? Mr. GILCHRIST . Governor Myers , I come from ...
... position of the municipal obligations which have to depend on taxation for their support . Mr. KLEBERG . That is the point I was endeavoring to make . The CHAIRMAN . Any further questions ? Mr. GILCHRIST . Governor Myers , I come from ...
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amended by inserting amended U.S.C. application appraisal approved Bank Commissioner loans Bank Commissioner's loans bill board of directors BOILEAU bonds for mortgages bonds issued bonds of equal borrowers capital cash CHAIRMAN creditor Emergency Farm Mortgage end thereof equal face value Farm Credit Act Farm Credit Administration Farm Loan Act farm loan bonds Farm Mortgage Act Farm Mortgage Corporation farmer Federal Farm Loan Federal Farm Mortgage Federal land bank FULMER GILCHRIST GLOVER Goss Government Governor MYERS guaranteed hereby HOPE HOVEY income indebtedness interest rate intermediate credit banks joint-stock land banks KLEBERG land bank bonds Land Bank Commissioner Land Bank Commissioner's land-bank loans Liberty Loan Act loans closed MARVIN JONES Mortgage Corporation bonds mortgage loans necessary paid paid-in surplus poration provisions purpose question Reconstruction Finance Corporation revolving fund scaling Secretary section 32 taxation tion title 12 TOBEY Treasury unconditionally guaranteed United Wichita bank