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 |
From inside the book
Results 1-5 of 8
Page 5
... understand . 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 ...
... understand . 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 ...
Page 9
... understand you are making a provision to take up Federal land - bank bonds , to take the cash from the bonds and buy any outstanding Federal land bank bonds ? Governor Myers . No. None of those land bank bonds authorized last May have ...
... understand you are making a provision to take up Federal land - bank bonds , to take the cash from the bonds and buy any outstanding Federal land bank bonds ? Governor Myers . No. None of those land bank bonds authorized last May have ...
Page 10
... act . Mr. HOPE . No. Governor MYERS . No matter what the rate of interest on the bonds is , the rate of interest on the mortgages cannot be changed . Mr. HOPE . I understand that , but I was 10 FEDERAL FARM MORTGAGE CORPORATION.
... act . Mr. HOPE . No. Governor MYERS . No matter what the rate of interest on the bonds is , the rate of interest on the mortgages cannot be changed . Mr. HOPE . I understand that , but I was 10 FEDERAL FARM MORTGAGE CORPORATION.
Page 11
... understand that , but I was just wondering if you felt that you could sell the bonds at an interest rate which would enable you to continue to make loans at the present rate of interest without loss to the Government ? Governor MYERS ...
... understand that , but I was just wondering if you felt that you could sell the bonds at an interest rate which would enable you to continue to make loans at the present rate of interest without loss to the Government ? Governor MYERS ...
Page 13
... 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.
... 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.
Other editions - View all
Common terms and phrases
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