Unemployment Relief: Hearings Before the Committee on Banking and Currency United States Senate, Seventy-second Congress, First Session on S. 4632, S.4727, S.4755, and S. 4822, Bills Relative to Federal Loans to Aid Unemployment. June 2, 7, 11, and 13, 1932. Printed for the Use of the Comnittee on Banking and CurrencyU.S. Government Printing Office, 1932 - 200 pages |
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Page 17
... fact that I would ever permit all of the States to so apply . There may be Senator GLASS ( interposing ) . I am not asking about what you would permit . I am asking upon the assumption that the governors of all the States would make ...
... fact that I would ever permit all of the States to so apply . There may be Senator GLASS ( interposing ) . I am not asking about what you would permit . I am asking upon the assumption that the governors of all the States would make ...
Page 18
... facts justify it . Secretary MILLS . Well then , if this is- Senator WAGNER ( continuing ) . And that is where we are ... fact ? Now , I will say that I have that much confidence and faith in the integrity of the governors of our States ...
... facts justify it . Secretary MILLS . Well then , if this is- Senator WAGNER ( continuing ) . And that is where we are ... fact ? Now , I will say that I have that much confidence and faith in the integrity of the governors of our States ...
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... fact that we expect them to repay it , instead of a $ 300,000,000 hand - out . Senator WAGNER . And that is definitely done in this bill that we propose , that it is self - liquidating . Secretary MILLS . It is self - liquidating as far ...
... fact that we expect them to repay it , instead of a $ 300,000,000 hand - out . Senator WAGNER . And that is definitely done in this bill that we propose , that it is self - liquidating . Secretary MILLS . It is self - liquidating as far ...
Page 29
... fact . It would have to be determined on the basis of evidence as somebody's judgment . Isn't that true ? Secretary MILLS . That is absolutely true . Senator GORE . And the question of resources is a question of fact that would have to ...
... fact . It would have to be determined on the basis of evidence as somebody's judgment . Isn't that true ? Secretary MILLS . That is absolutely true . Senator GORE . And the question of resources is a question of fact that would have to ...
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... fact using the taxpayers ' credit ? Secretary MILLS . When you say his credit it means ultimately that you take his cash . Senator CouZENS . That is true . It is the Reconstruction Finance Corporation , is it not ? Secretary MILLS . Not ...
... fact using the taxpayers ' credit ? Secretary MILLS . When you say his credit it means ultimately that you take his cash . Senator CouZENS . That is true . It is the Reconstruction Finance Corporation , is it not ? Secretary MILLS . Not ...
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amended amount authorized AVERY bank Barbour bill BARKLEY bonds borrow Budget building capital cent of normal CHAIRMAN chart referred committee commodities competition Congress construction consumption cost cotton demand depression employment equipment trust certificates expenditures Farm Board Federal Government Federal reserve funds give going governor HOUSTON increase interest interposing Interstate Commerce Committee labor loan locomotives machinery marked Exhibit mean ment million MUIR municipalities O'NEAL obligations PETER NORBECK private enterprise private industry production projects Puerto Rico purpose question railroads Reconstruction Finance Corporation relief Secretary MILLS securities self-liquidating sell Senator BARBOUR Senator BLAINE Senator BROOKHART Senator BULKLEY Senator COUZENS Senator DAVIS Senator FLETCHER Senator GLASS Senator GOLDSBOROUGH Senator GORE Senator WAGNER situation statement submitted surplus taxes thereof thing tion to-day Treasury United wages Wagner bill WILLIAMS WOOLLEY
Fréquemment cités
Page 8 - ... to be redeemable at the option of the corporation before maturity in such manner as may be stipulated in such obligations, and...
Page 9 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 1 - States in the proportion which their population bears to the total population of the United States...
Page 3 - For the purpose of carrying out the provisions of section 10 of the Federal-Aid Highway Act of 1950 (64 Stat. 785), there is hereby authorized to be appropriated for the survey, construction, reconstruction, and maintenance of main roads through unappropriated or unreserved public lands, nontaxable Indian lands, or other Federal reservations the sum of $2,500,000 for the fiscal year ending June 30, 1955, to remain available until expended.
Page 5 - That the management of the Corporation shall be vested in a board of directors, consisting of the Secretary of the Treasury...
Page 9 - Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of the Corporation's bonds hereunder.
Page 87 - States is necessary to enable the applicant properly to meet the transportation needs of the public, and that the prospective earning power of the applicant and the character and value of the security offered are such as to furnish reasonable assurance of the applicant's ability to repay the loan...
Page 9 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 8 - Such bonds shall be fully and unconditionally guaranteed both as to interest and principal by the United States and such guaranty shall be expressed on the face thereof...
Page 8 - ... in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such bonds.