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, 19691969 - 119 pages |
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Page 27
... suggest that if there are any questions on this score that they be directed to Mr. Payne , the chairman of our association's REA Borrowers Committee , or Mr. Wilbourn , the chairman of our association's committee on legis- lation , both ...
... suggest that if there are any questions on this score that they be directed to Mr. Payne , the chairman of our association's REA Borrowers Committee , or Mr. Wilbourn , the chairman of our association's committee on legis- lation , both ...
Page 29
... suggested but I do not know that we would gain anything by going through all of those proposals which were made last year and rehash- ing them , but certainly this Chair is not going to deny members of the committee the opportunity to ...
... suggested but I do not know that we would gain anything by going through all of those proposals which were made last year and rehash- ing them , but certainly this Chair is not going to deny members of the committee the opportunity to ...
Page 35
... suggesting that if the Govern- ment advances a dollar at 2 percent to the bank , and they loan $ 8 instead of $ 1 that the Government saves seven - eighths of what it would cost the Government if they were simply continuing to make the ...
... suggesting that if the Govern- ment advances a dollar at 2 percent to the bank , and they loan $ 8 instead of $ 1 that the Government saves seven - eighths of what it would cost the Government if they were simply continuing to make the ...
Page 37
... suggested the way to get it is to increase the rates . And , of course , that is one of the ways of getting it . But ... suggest that that should be the solution , but that is one of the solutions . The other solution , of course , is to ...
... suggested the way to get it is to increase the rates . And , of course , that is one of the ways of getting it . But ... suggest that that should be the solution , but that is one of the solutions . The other solution , of course , is to ...
Page 40
... suggested , that the bill specifically provides for a control over the borrower . The borrower is either an individual , a cooperative , or a corporation . And it requires that if the borrower sells to somebody else that the third party ...
... suggested , that the bill specifically provides for a control over the borrower . The borrower is either an individual , a cooperative , or a corporation . And it requires that if the borrower sells to somebody else that the third party ...
Expressions et termes fréquents
2-percent money 90th Congress ABERNETHY Admiral Mott amendment amount Arkansas bank loans BELCHER BURLISON CHAIRMAN Class A stock co-ops Congress Congressman corporation cost of money debentures directors Edison Electric Institute eight-party entities Farm Credit Farm Credit Administration farm credit system Federal Fullarton funds going GOODLING Government HAMIL HARRIS hearings independent telephone interest rate intermediate loan investment KLEPPE legislation loan applications LYNN O'Konski operation panies percent PETERSON Poage present President Public Service Commission question RARICK REA Administrator REA borrowers REA telephone borrowers REA telephone program represent rural America rural areas Rural Electrification Act Rural Electrification Administration rural telephone account Rural Telephone Bank rural telephone program rural telephone service rural telephone systems section 201 statement subscribers subsidy supplemental financing TEAGUE tele Telephone Bank Board telephone cooperatives telephone service testimony Thank tion Treasury United utilities vote ZWACH
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...