Refinancing of Farm Mortgages: Hearing Before the Committee on Agriculture, House of Representatives, Seventy-fourth Congress, First Session, on H.R. 2066 ... H.R. 6151 ... March 13, 14, 15, April 9, 10, 12, and 17, 1935U.S. Government Printing Office, 1935 - 206 pages |
À l'intérieur du livre
Résultats 1-5 sur 32
Page 2
... dollars under the amortization plan of 12 - percent interest and 12- percent payment on principal ; or on a loan of $ 10,000 he would pay $ 300 each year for approximately 47 years . In those 47 years he would pay $ 13,960 on a $ 10,000 ...
... dollars under the amortization plan of 12 - percent interest and 12- percent payment on principal ; or on a loan of $ 10,000 he would pay $ 300 each year for approximately 47 years . In those 47 years he would pay $ 13,960 on a $ 10,000 ...
Page 8
... dollars . Mr. DoXEY . Because there is no purchaser for it . Mr. LEMKE . And there would be no medium of exchange to pay for it . We are very much in the same position as Lincoln said the cow was that stood between two haystacks and ...
... dollars . Mr. DoXEY . Because there is no purchaser for it . Mr. LEMKE . And there would be no medium of exchange to pay for it . We are very much in the same position as Lincoln said the cow was that stood between two haystacks and ...
Page 9
... dollars since then . The CHAIRMAN . Yes . Mr. LEMKE . But I am not criticizing the bankers ; I am not find- ing fault with the bankers . I know that my banker could not loan me any money on the accounts I have in my office , and it is ...
... dollars since then . The CHAIRMAN . Yes . Mr. LEMKE . But I am not criticizing the bankers ; I am not find- ing fault with the bankers . I know that my banker could not loan me any money on the accounts I have in my office , and it is ...
Page 10
... will mean at least another billion or a billion and a half - 412 billion dollars to start with . I may state that I am confident that about $ 2,000,000,000 is about all that would be needed 10 REFINANCING OF FARM MORTGAGES.
... will mean at least another billion or a billion and a half - 412 billion dollars to start with . I may state that I am confident that about $ 2,000,000,000 is about all that would be needed 10 REFINANCING OF FARM MORTGAGES.
Page 11
... dollar of it back within the 47 years and would have an added $ 6,345,000,000 in inter- est , the first time in the ... dollars , just the cost of printing . Now , under this plan , we would have about $ 4,500,000,000 in use ; 112 ...
... dollar of it back within the 47 years and would have an added $ 6,345,000,000 in inter- est , the first time in the ... dollars , just the cost of printing . Now , under this plan , we would have about $ 4,500,000,000 in use ; 112 ...
Expressions et termes fréquents
12 percent acres agriculture amended amortization amount ANDRESEN bankers benefit BIERMANN billion BINDERUP BOILEAU borrower CHAIRMAN circulation committee Congress cost credit money CUMMINGS currency debentures debt deposits discount district dollars DOXEY Farm Credit Administration farm indebtedness Farm Loan Act farm mortgages farmers Federal Farm Loan Federal land bank Federal Reserve Act Federal Reserve banks Federal Reserve notes Federal Reserve System foreclosure Frazier-Lemke bill FULMER funds GILCHRIST going gold Government Governor home owners HOVEY HULL interest rate intermediate credit banks issuance issuing bank legislation LENNON MARSHALL Marvin Jones Michigan MYERS national farm-loan associations North Dakota notes issued O'BRIEN operate outstanding paid passed PATMAN payments percent interest PIERCE present production credit associations profits provides purchase question rate of interest refinancing saving sell situation statement surplus TALBOTT taxes tenant THATCHER tion Treasury United
Fréquemment cités
Page 82 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Page 97 - The Nature and Necessity of a Paper Currency." It was well receiv'd by the common people in general; but the rich men dislik'd it, for it increas'd and strengthen'd the clamor for more money, and they happening to have no writers among them that were able to answer it, their opposition slacken'd, and the point was carried by a majority in the House. My friends there, who conceiv'd I had been of some service, thought fit to reward me by employing me in printing the money; a very profitable jobb and...
Page 97 - The Constitution provides that Congress shall have the power to coin money and regulate the value thereof.
Page 37 - STATEMENT OF HON. MERLIN HULL, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF WISCONSIN Mr. HULL.
Page 96 - I was on the side of an addition, being persuaded that the first small sum struck in 1 723 had done much good by increasing the trade, employment, and number of inhabitants in the province...
Page 83 - Funds transmitted to farm loan associations by Federal land banks to be loaned to its members shall be in current funds, or farm loan bonds, at the option of the borrower.
Page 60 - Act the land banks may loan 50 percent of the appraised value of the land plus 20 percent of the insured value of the buildings.
Page 83 - Federal land banks may pay to such agents the actual expense of appraising the land offered as security for a loan, examining and certifying the title thereof, and making, executing, and recording the mortgage papers...
Page 82 - Act prescribed, and to meet all other obligations of the association, subject to the orders of the board of directors and in accordance with the by-laws of the association. It shall be the duty of the secretary-treasurer, acting under the direction of the national farm loan association, to collect, receipt for, and transmit to the Federal land bank payments of interest, amortization installments, or principal arising out of loans made through the association.
Page 97 - and many likewise in Chestnut Street and other streets, which made me then think the inhabitants of the city were deserting it one after another. Our debates possessed me so fully of the subject that I wrote and printed an anonymous pamphlet on it, entitled The Nature and Necessity of a Paper Currency.