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 Currency

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U.S. Government Printing Office, 1932 - 200 pages

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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 81 - UNITED STATES SENATE, COMMITTEE ON BANKING AND CURRENCY, Washington, DC The committee met at 10:30 am, pursuant to call, in room 301 Senate Office Building, Senator Robert F.
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 3 - All contracts involving the expenditure of such grants shall contain provisions establishing minimum rates of wages, to be predetermined by the State highway department, which contractors shall pay to skilled and unskilled labor, and such minimum rates shall be stated in the invitation for bids and shall be included in proposals for bids for the work.
Page 81 - 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...

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