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 14
... bill provides that the bond may be accepted in full payment for mortgages . Now why not have an independent set - up from the Federal land bank so that you will not run into this same difficulty ; why not have an independent set - up ...
... bill provides that the bond may be accepted in full payment for mortgages . Now why not have an independent set - up from the Federal land bank so that you will not run into this same difficulty ; why not have an independent set - up ...
Page 20
... bill apparently will make the loans easier and much more money available , I suggest that as long as that is possible it would seem that we could try to find some means to force them to scale down their bonds to a reasonable point in ...
... bill apparently will make the loans easier and much more money available , I suggest that as long as that is possible it would seem that we could try to find some means to force them to scale down their bonds to a reasonable point in ...
Page 21
... bill could not they be made to scale down their mortgages in consideration for that ? Mr. HOVEY . But we are not giving them anything in this bill except what is being given to all creditors of the farmers . The joint- stock land banks ...
... bill could not they be made to scale down their mortgages in consideration for that ? Mr. HOVEY . But we are not giving them anything in this bill except what is being given to all creditors of the farmers . The joint- stock land banks ...
Page 22
... bill during last session a good many thought it was making it possible that they could borrow a certain amount of money to be helpful in liquidating their accounts to the banks . Now , these banks have taken advantage of their position ...
... bill during last session a good many thought it was making it possible that they could borrow a certain amount of money to be helpful in liquidating their accounts to the banks . Now , these banks have taken advantage of their position ...
Page 24
... bill and we will be glad to nave you . Governor MYERS . Yes . ( Thereupon the committee went into executive session . ) ( Information referred to is as follows ) : Federal Land Banks and Land Bank Commissioner , farm - 24 FEDERAL FARM ...
... bill and we will be glad to nave you . Governor MYERS . Yes . ( Thereupon the committee went into executive session . ) ( Information referred to is as follows ) : Federal Land Banks and Land Bank Commissioner , farm - 24 FEDERAL FARM ...
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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