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 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
... for cash are such that the administration deemed it advisable and necessary for us to attempt to finance the loan program by the use of bonds instead of cash , and the purpose of this bill is to make possible that procedure .
... for cash are such that the administration deemed it advisable and necessary for us to attempt to finance the loan program by the use of bonds instead of cash , and the purpose of this bill is to make possible that procedure .
Page 11
These figures which we are considering here were based on the best possible estimate we could make . We thought they should be made high enough to permit the making of as many Commissioner's loans as are needed .
These figures which we are considering here were based on the best possible estimate we could make . We thought they should be made high enough to permit the making of as many Commissioner's loans as are needed .
Page 17
They have shown a real interest in their outstanding mortgages and in many cases have made it possible for a good farmer to pay his interest . Where it has been found that the farmer could not pay all his interest , the banks have ...
They have shown a real interest in their outstanding mortgages and in many cases have made it possible for a good farmer to pay his interest . Where it has been found that the farmer could not pay all his interest , the banks have ...
Page 20
We have had a good deal of difficulty in the question of scaling down debts , but since we are making it possible for them to get money , would it not be possible for some program to be worked out whereby the joint - stock land banks ...
We have had a good deal of difficulty in the question of scaling down debts , but since we are making it possible for them to get money , would it not be possible for some program to be worked out whereby the joint - stock land banks ...
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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 |