Farm Credit Legislation: Hearings Before the Committee on Agriculture, House of Representatives, Seventy-sixth Congress, Third Session on H.R. 8748 ...U.S. Government Printing Office, 1940 - 515 pages |
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Page 14
Do you think you could get anyone who is competent for that amount of money to take an interest in making sound loans and making collections on loans ? Mr. BLACK . The association , of course , has never done that .
Do you think you could get anyone who is competent for that amount of money to take an interest in making sound loans and making collections on loans ? Mr. BLACK . The association , of course , has never done that .
Page 40
... of that character , since you could not compel a stockholder to accept par , if his stock was protected by a reserve built up , or if exceptionally sound association practices had made an accumulation that made the stock above par ?
... of that character , since you could not compel a stockholder to accept par , if his stock was protected by a reserve built up , or if exceptionally sound association practices had made an accumulation that made the stock above par ?
Page 66
Each Federal land bank association is interested in seeing that that loan is sound because they are financially interested in it . Their stock is in jeopardy in event the loans are not paid . With this there is no more financial ...
Each Federal land bank association is interested in seeing that that loan is sound because they are financially interested in it . Their stock is in jeopardy in event the loans are not paid . With this there is no more financial ...
Page 69
We have listened to the discussions concerning these loans and how to make them sound and on a self - sustaining basis , and I think we are all for that , but can you really do that until you make farming itself self - sustaining and ...
We have listened to the discussions concerning these loans and how to make them sound and on a self - sustaining basis , and I think we are all for that , but can you really do that until you make farming itself self - sustaining and ...
Page 80
It has been suggested here that the joint stock liability makes for sound loans , since each borrower will see to it that all other loans through his association are made on a sound basis , so that his own 5 percent stock contribution ...
It has been suggested here that the joint stock liability makes for sound loans , since each borrower will see to it that all other loans through his association are made on a sound basis , so that his own 5 percent stock contribution ...
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Expressions et termes fréquents
able adjustment agency agree Agriculture amount ANDRESEN associations authority average basis believe BELL bill BLACK bonds borrowers capital carry CHAIRMAN COFFEE committee Congress consideration continue cooperative cost course debt delinquent Department difference directors district effect fact Farm Credit Administration farm loan Farm Mortgage Corporation farmers Federal Farm Federal land bank figures financing foreclosure give going Goss Government Governor guaranteed HOPE income institution interest interest rates issue legislation less losses matter mean meet MYLANDER necessary normal operation organization outstanding PACE paid payments percent period possible practically present probably problem production question reason reference refinancing reserves Secretary WALLACE seems sell SHORT sound statement TABER THATCHER thing tion Treasury true understand United
Fréquemment cités
Page 2 - 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...
Page 2 - 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 77 - The CHAIRMAN. The committee will come to order, please. We have with us this morning Mr.
Page 318 - To fulfill these purposes, the country is divided into 12 Farm Credit Districts. At the same location in each district there is a Federal land bank, a Federal intermediate credit bank, and a bank for cooperatives. There is also a Central Bank for Cooperatives in Denver, Colorado.
Page 119 - Patten, we will be glad to hear you at this time. STATEMENT OF HON.
Page 515 - Mid pleasures and palaces though we may roam, Be it ever so humble, there's no place like home; A charm from the sky seems to hallow us there, Which, seek through the world, is ne'er met with elsewhere. Home, home, sweet, sweet home! There's no place like home, oh, there's no place like home!
Page 2 - All obligations issued by the Authority 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 authority or control of the United States or of any officer or officers thereof.
Page 2 - ... the bonds of the Corporation acquired by him under this section. All redemptions, purchases, and sales by the Secretary of the Treasury of the bonds of the Corporation shall be treated as publicdebt transactions of the United States. With the approval of the Secretary of the Treasury, the Corporation shall have power to purchase such bonds in the open market at any time and at any price.
Page 2 - Such obligations shall be in such forms and denominations, shall have such maturities, shall bear such rates of interest, shall be subject to such terms and conditions, and shall be issued in such manner and sold at such prices as may be prescribed by the Commodity Credit Corporation, with the approval of the Secretary of the Treasury.
Page 8 - SEC. 52. No officer, attorney, or other employee of the corporation shall, directly or indirectly, be the beneficiary of or receive any fee, commission, gift, or other consideration for or in connection with any transaction or business under this Act other than such salary, fee, or other compensation as he may receive as such officer, attorney, or employee. No member of a county committee established under section 42 shall knowingly make or join in making any certification prohibited by section 2...