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 2
The Secretary of the Treasury may , at any time , sell any of the bonds of the corporation acquired by him under this section . All redemptions , purchases , and sales by the Secretary of the Treasury of the bonds of the corporation ...
The Secretary of the Treasury may , at any time , sell any of the bonds of the corporation acquired by him under this section . All redemptions , purchases , and sales by the Secretary of the Treasury of the bonds of the corporation ...
Page 4
... as amended , is further amended by adding the following after the semicolon at the end of such paragraph : “ To buy and sell bonds of the Federal Farm Mortgage Corporation having maturities from date of purchase of not exceeding six ...
... as amended , is further amended by adding the following after the semicolon at the end of such paragraph : “ To buy and sell bonds of the Federal Farm Mortgage Corporation having maturities from date of purchase of not exceeding six ...
Page 5
It has been impossible , because of conditions which were not foreseen , to sell the bonds at or near par . We have used the bonds as collateral for borrowing from the Reconstruction Finance Corporation , and have obtained commitments ...
It has been impossible , because of conditions which were not foreseen , to sell the bonds at or near par . We have used the bonds as collateral for borrowing from the Reconstruction Finance Corporation , and have obtained commitments ...
Page 7
The Secretary of the Treasury is authorized , in his discretion , to purchase bonds of the corporation , and to sell the same . The bonds will be printed from engraved plates prepared and held by the Secretary of the Treasury .
The Secretary of the Treasury is authorized , in his discretion , to purchase bonds of the corporation , and to sell the same . The bonds will be printed from engraved plates prepared and held by the Secretary of the Treasury .
Page 9
So in order to be sure we can sell the volume of intermediate credit - bank debentures needed at a rate which will make the cost of the credit to the farmer reasonable , we think that it may be necessary for the banks to ...
So in order to be sure we can sell the volume of intermediate credit - bank debentures needed at a rate which will make the cost of the credit to the farmer reasonable , we think that it may be necessary for the banks to ...
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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