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 12
... borrowers and I would like to know what prompts that interpretation of the law because I would like to be able to advise them correctly about it . Governor MYERS . Mr. Chairman , may I ask Mr. Goss to answer that ? The CHAIRMAN . Yes ...
... borrowers and I would like to know what prompts that interpretation of the law because I would like to be able to advise them correctly about it . Governor MYERS . Mr. Chairman , may I ask Mr. Goss to answer that ? The CHAIRMAN . Yes ...
Page 13
... borrower would have to pay $ 300 annually upon the land - bank loan . On the commissioner's loan he would have to pay 5 - percent interest , or $ 100 , and he would have to pay one tenth each year on principal , or $ 200 , so that he ...
... borrower would have to pay $ 300 annually upon the land - bank loan . On the commissioner's loan he would have to pay 5 - percent interest , or $ 100 , and he would have to pay one tenth each year on principal , or $ 200 , so that he ...
Page 17
... borrowers and it stands between the farmer who owes the debt or the mortgage and the bond holder ; and further ... borrower has had considered treatment . The CHAIRMAN . If all other mortgage holders had been as lenient with the farmers ...
... borrowers and it stands between the farmer who owes the debt or the mortgage and the bond holder ; and further ... borrower has had considered treatment . The CHAIRMAN . If all other mortgage holders had been as lenient with the farmers ...
Page 19
... borrowers are likely to have the benefit from this whole scheme . Gov. MYERS . I think so . For one thing , there is more money available through the refinancing of the debt , and a large part of the refinancing money has gone back to ...
... borrowers are likely to have the benefit from this whole scheme . Gov. MYERS . I think so . For one thing , there is more money available through the refinancing of the debt , and a large part of the refinancing money has gone back to ...
Page 20
... borrower . That is a different set - up . We have had a good deal of difficulty in the question of scaling down debts ... borrowers . Governor MYERS . Yes . Mr. GILCHRIST . Now , as long as we are giving them something cannot they be ...
... borrower . That is a different set - up . We have had a good deal of difficulty in the question of scaling down debts ... borrowers . Governor MYERS . Yes . Mr. GILCHRIST . Now , as long as we are giving them something cannot they be ...
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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