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 13
... suggest that you ask General Pillsbury about that matter . The CHAIRMAN . But he does not claim that it covers it all . Secretary MILLS . Now , let us come to my own department , and you will be even more surprised at the figures , and ...
... suggest that you ask General Pillsbury about that matter . The CHAIRMAN . But he does not claim that it covers it all . Secretary MILLS . Now , let us come to my own department , and you will be even more surprised at the figures , and ...
Page 16
... suggested . I am , how- ever , very definitely opposed to the public - works proposal as ineffec- tive and inconsistent with sound financial principles . Estimated distribution of appropriation of $ 45,500,000 for river and harbor and ...
... suggested . I am , how- ever , very definitely opposed to the public - works proposal as ineffec- tive and inconsistent with sound financial principles . Estimated distribution of appropriation of $ 45,500,000 for river and harbor and ...
Page 20
... suggest that we write in here the tests , as to resources and need . Who is better qualified to pass upon the need of a State than its Governor ? Secretary MILLS . Yes ; and who is more unwilling to call his legislature in session to ...
... suggest that we write in here the tests , as to resources and need . Who is better qualified to pass upon the need of a State than its Governor ? Secretary MILLS . Yes ; and who is more unwilling to call his legislature in session to ...
Page 21
... suggestion which has been made and which seems to me to be sound and wise , is first , to provide for any emergency . It is clear that no one , no matter what his theory of government may be , when it comes to actual starvation is going ...
... suggestion which has been made and which seems to me to be sound and wise , is first , to provide for any emergency . It is clear that no one , no matter what his theory of government may be , when it comes to actual starvation is going ...
Page 22
... Senator GORE . As to the matter of reimbursement , do you think Congress would relieve the States ? Secretary MILLS . I am inclined to think they may . Senator WAGNER . I suggest that when we have this 22 UNEMPLOYMENT RELIEF.
... Senator GORE . As to the matter of reimbursement , do you think Congress would relieve the States ? Secretary MILLS . I am inclined to think they may . Senator WAGNER . I suggest that when we have this 22 UNEMPLOYMENT RELIEF.
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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.