To Establish an Efficient Agriculturalcredit System: Hearings Before a Subcommittee of ..., 72-1 on S. 1197 ..., February 2, 3, and 5, 1932 |
From inside the book
Page 10
... cent interest . There is to - day not over $ 10 in actual circulation among the people . I am not talking about ... cent interest or dividends , and those are virtually guaranteed to them . Uncle Sam prints Federal reserve notes and ...
... cent interest . There is to - day not over $ 10 in actual circulation among the people . I am not talking about ... cent interest or dividends , and those are virtually guaranteed to them . Uncle Sam prints Federal reserve notes and ...
Page 11
... cent and 7 per cent on mortgages ; and at 12 per cent for amortization , by the time he pays it , he will reduce his indebted- ness by three - fifths . And that must be done if we are to have an agricultural class in this country ...
... cent and 7 per cent on mortgages ; and at 12 per cent for amortization , by the time he pays it , he will reduce his indebted- ness by three - fifths . And that must be done if we are to have an agricultural class in this country ...
Page 12
... cent . indebtedness under this bill he as under your rural credit . said to him , under your rural credit cent interest on his money , while on By the time he pays up his existing would only pay two - fifths as much And I said ...
... cent . indebtedness under this bill he as under your rural credit . said to him , under your rural credit cent interest on his money , while on By the time he pays up his existing would only pay two - fifths as much And I said ...
Page 14
... cent interest , and 12 per cent principal on the amortization plan . The plan is that the United States Government shall get the money with which to do it , by causing Federal reserve notes to be issued until there is enough money in ...
... cent interest , and 12 per cent principal on the amortization plan . The plan is that the United States Government shall get the money with which to do it , by causing Federal reserve notes to be issued until there is enough money in ...
Page 18
... cent interest . That is the reason that the National Farmers ' Union made Senator Frazier's bill a part of its national program . One of the things we must have is financing , at as low a rate as others get it . As Mr. Lemke has said ...
... cent interest . That is the reason that the National Farmers ' Union made Senator Frazier's bill a part of its national program . One of the things we must have is financing , at as low a rate as others get it . As Mr. Lemke has said ...
Common terms and phrases
12 per cent acres agriculture amount annum average bankers BESTOR billion bushel census cent interest centum Chairman circulation cities committee condition Congress corporation farms crop debt deflation dollar EVERSON farm indebtedness farm land Farm Loan Board farm loan system farm mortgages Federal Farm Loan Federal land bank Federal reserve act Federal reserve banks Federal Reserve Board Federal reserve notes foreclosure Frazier bill full as follows going gold Government HOWARD HYDE Iowa KENNEDY legislation LEMKE liquidation and refinancing livestock ment Minnesota mortgages and farm Nation North Dakota paid postal savings depository present President printed in full question rate of interest resolution ROGERS SCHULTHEISS sell Senator FRAZIER Senator HATFIELD Senator MCGILL Senator NYE Senator SMITH Senator THOMAS SIMPSON statement subcommittee TALBOTT thing THOMAS of Idaho THOMAS of Oklahoma to-day United wheat Wisconsin YOUNG
Popular passages
Page 119 - You may put it into the record. (The document referred to and submitted by the witness is here printed in full as follows...
Page 37 - Mr. Chairman and gentlemen of the committee, I appreciate very much this opportunity of discussing this matter with the members of the committee on behalf of the 12 counties that I represent.
Page 103 - Federal farm land bants and national farm loan associations, and to make all necessary rules and regulations for the carrying out of the purposes of this act with expedition.
Page 94 - Now, therefore, be it Resolved by the House of Representatives of the State of Minnesota, the Senate concurring, That the Congress of the United States be, and it is hereby...
Page 2 - ... indebtedness, and to encourage and promote agriculture, commerce, and industry, by establishing an efficient credit system, through which the unjust and unequal burdens placed upon agriculture, during the period of price fixing and deflation, may be lightened, by providing for the liquidation and...
Page 94 - That the President of the United States and the Congress of the United States...
Page 92 - Now, therefore, be it Resolved, by the Senate of the State of North Dakota (the House of Representatives concurring therein), That the...
Page 4 - President to canvass said votes immediately, and if a majority of them be found to be for this act, to forthwith issue his proclamation giving notice of the fact ; and this act shall only be in full force and effect on and after the day of such proclamation.
Page 94 - Army officers; and be it further Resolved, That copies of this resolution be sent to the President of the United States, to the President of the Senate, to the Speaker of the...
Page 94 - That a copy of this memorial, duly authenticated, be sent by the secretary of state to the Senate and House of Representatives of the United States and to each of the Senators and Representatives of Montana in Congress.