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 7
That was the production credit revolving fund . The new revolving fund thus created will be available to the Governor of the Farm Credit Administration for the purpose of subscribing , with the approval of the Secretary of the Treasury ...
That was the production credit revolving fund . The new revolving fund thus created will be available to the Governor of the Farm Credit Administration for the purpose of subscribing , with the approval of the Secretary of the Treasury ...
Page 9
Now , the rediscounting for the regional agricultural credit corporations has increased the normal amount of business , and in addition provisions for the production loans through the production credit system must be made .
Now , the rediscounting for the regional agricultural credit corporations has increased the normal amount of business , and in addition provisions for the production loans through the production credit system must be made .
Page 12
The principal factor in determining the value of land is its production , because only from the production will that debt ever be paid in normal cases . And so , in order to get at the value we first determine the average > production ...
The principal factor in determining the value of land is its production , because only from the production will that debt ever be paid in normal cases . And so , in order to get at the value we first determine the average > production ...
Page 13
production of the land . Having determined its production , we apply the values that prevailed during the 5 - year period , 1909 to 1914 . This gives us the gross production expressed in dollars . Next , we determine the cost of ...
production of the land . Having determined its production , we apply the values that prevailed during the 5 - year period , 1909 to 1914 . This gives us the gross production expressed in dollars . Next , we determine the cost of ...
Page 15
... changes in economic conditions , that it will determine the production of the land and apply the prices which prevailed during the 5 - year period , 1909 to 1914 , which roughly was approximately 40 percent above the present .
... changes in economic conditions , that it will determine the production of the land and apply the prices which prevailed during the 5 - year period , 1909 to 1914 , which roughly was approximately 40 percent above the present .
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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