Rural Telephone Supplemental Financing: Hearings Before ..., 91-1 on H.R. 7, H.R. 81,H.R. 4020, H.R. 4192, and H.R. 7872, February 19, 20, 21 , and March 13, 1969 |
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Page 10
Our second scheduled witness this morning is the Honorable Harold Peterson , executive director and counsel of the National REA Telephone Association . We will be glad to hear from you now , Mr. Peterson .
Our second scheduled witness this morning is the Honorable Harold Peterson , executive director and counsel of the National REA Telephone Association . We will be glad to hear from you now , Mr. Peterson .
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There was not the least suggestion from any witness , as I recall , that the moneys would not be paid back . I think it was the faith that the Congress had in the ability of these people to pay back that accounted very largely for the ...
There was not the least suggestion from any witness , as I recall , that the moneys would not be paid back . I think it was the faith that the Congress had in the ability of these people to pay back that accounted very largely for the ...
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I think the record shows that there was only one witness who appeared when Congress approved the REA bill . Mr. ABERNETHY . Yes . The CHAIRMAN . And , obviously , there was not any general expression of opinion one way or the other at ...
I think the record shows that there was only one witness who appeared when Congress approved the REA bill . Mr. ABERNETHY . Yes . The CHAIRMAN . And , obviously , there was not any general expression of opinion one way or the other at ...
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[ Laughter . ] The CHAIRMAN . Having gotten excused , who else wants to ask a question ? Mr. PETERSON . Mr. Chairman , if there are no more questions , I do want to make one further statement before I leave the witness table .
[ Laughter . ] The CHAIRMAN . Having gotten excused , who else wants to ask a question ? Mr. PETERSON . Mr. Chairman , if there are no more questions , I do want to make one further statement before I leave the witness table .
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One highlight in the testimony of the House hearing was a statement by one witness that had his family had telephone service he would not have lost his right hand which had been partially mangled by a farm machine .
One highlight in the testimony of the House hearing was a statement by one witness that had his family had telephone service he would not have lost his right hand which had been partially mangled by a farm machine .
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Expressions et termes fréquents
2-percent money able additional Administrator Agriculture amendment amount appear applications appropriations areas Arkansas Association authorized Bank Board believe bill borrowers capital CHAIRMAN Commission committee Congress continue cooperatives corporation cost course direct directors electric established existing fact Farm Federal financing funds further future going GOODLING Government HAMIL HARRIS hearings improve increase industry interest intermediate investment legislation loans Lynn means meet million objection operation organizations percent present President problems proposed Public Service question REA telephone reasonable record represent Rural Electrification rural telephone Rural Telephone Bank serve statement subscribers subsidy suggested TEAGUE telephone bank telephone companies telephone loan telephone program telephone service telephone systems testimony Thank thing tion understand United utilities vote witness
Fréquemment cités
Page 7 - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
Page 7 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 4 - ... shall be guided by the policy of making payments not in excess of the taxes which would have been payable upon such property in the condition in which it was acquired.
Page 4 - States in collecting debts from bankrupt, insolvent, or decedents' estates; to determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid...
Page 11 - Congress that adequate telephone service be made generally available in rural areas, through the improvement and expansion of existing telephone facilities and the construction and operation of such additional facilities as are required to assure the availability of adequate telephone service to the widest practicable number of rural users of such service.
Page 9 - Act of 1936, as amended, is repealed. (b) Section 201 of the Rural Electrification Act of 1936, as amended, is amended by inserting ", to public bodies now providing telephone service in rural areas", immediately after the word "areas...
Page 6 - Provided, That the minimum amount of class A stock that shall be retired each year after said date and after the amount of class A and class B stock issued totals $400,000,000, shall equal the amount of class B stock sold by the telephone bank during such year.
Page 5 - Board shall prescribe bylaws, not inconsistent with law, regulating the manner in which the telephone bank's business shall be conducted, its directors and officers elected, its stock issued, held, and disposed of, its property transferred, its bylaws amended, and the powers and privileges granted to it by law exercised and enjoyed. (h...
Page 48 - The CHAIRMAN. Are there any other questions? If not we are very much obliged to you, Doctor.
Page 6 - ... consist of capital subscribed by the United States, by borrowers from the telephone bank, by corporations and public bodies eligible to become borrowers from the telephone bank, and by organizations controlled by such borrowers, corporations, and public bodies. Beginning with the fiscal year...
Informations bibliographiques
| Titre | Rural Telephone Supplemental Financing: Hearings Before ..., 91-1 on H.R. 7, H.R. 81,H.R. 4020, H.R. 4192, and H.R. 7872, February 19, 20, 21 , and March 13, 1969 |
| Auteur | United States. Congress. House. Committee on Agriculture |
| Publié | 1969 |
| Longueur | 119 pages |
| Exporter la citation | BiBTeX EndNote RefMan |