Intermediate Credit Corporation: Hearings ... Seventy-fourth Congress, First Session on H.R. 5918, a Bill to Provide for the Creation of an Intermediate Credit Corporation for Commerce and Industry, to Aid in Financing Small and Medium Sized Commercial and Industrial Establishments, and for Other Purposes, Partie 1U.S. Government Printing Office, 1935 - 204 pages |
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Page 29
On the other hand , prohibitive restrictions upon credit jeopardize industry and commerce , create liabilities for the banks with funds to lend but no one qualifying for loans , and impair our whole economic structure .
On the other hand , prohibitive restrictions upon credit jeopardize industry and commerce , create liabilities for the banks with funds to lend but no one qualifying for loans , and impair our whole economic structure .
Page 49
Why will not your banks lend money ? Mr. Marx . They do not like to loan on these long - term loans . That is what I have been stressing particularly . I am not arguing about the short - term loans other than from what these different ...
Why will not your banks lend money ? Mr. Marx . They do not like to loan on these long - term loans . That is what I have been stressing particularly . I am not arguing about the short - term loans other than from what these different ...
Page 53
... access to the United States Treasury . I could outmatch J. P. Morgan in financial performances if you put the Treasury of the United States back of me . Mr. FORD . My idea is only to lend him money to enable him to rehabilitate his ...
... access to the United States Treasury . I could outmatch J. P. Morgan in financial performances if you put the Treasury of the United States back of me . Mr. FORD . My idea is only to lend him money to enable him to rehabilitate his ...
Page 58
SMALL BUSINESS MAN's PLAN This is a plan whereby the Government will lend to small retail dealers and manufacturers sums ranging from $ 1,000 to $ 10,000 each , according to the exigencies of their respective business needs , to enable ...
SMALL BUSINESS MAN's PLAN This is a plan whereby the Government will lend to small retail dealers and manufacturers sums ranging from $ 1,000 to $ 10,000 each , according to the exigencies of their respective business needs , to enable ...
Page 92
... lend on them , but when it comes to that big asset , we do not want to kill these young men , many of whom I have had men to come to my office sometimes , several — who have just said to me , “ Well , I walked and paced the floor .
... lend on them , but when it comes to that big asset , we do not want to kill these young men , many of whom I have had men to come to my office sometimes , several — who have just said to me , “ Well , I walked and paced the floor .
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able agency amount application appraisal association authority bank bankers BECKMAN believe bill Board bonds borrow building BULLOCK capital carry CAVICCHIA CHAIRMAN City closed committee concerns Congress Corporation course Credit Corporation DEATON establish experience fact Federal Reserve feel fellow Finance FORD GIFFORD give Government House industry institution interest intermediate credit Jones KENNEDY kind KOPPLEMANN lend less loans manufacturers MARTIN Marx matter mean Members merchants months mortgage necessary notes obligations operate organization paid passed percent plant possible practically present President probably question real estate reason received referred REILLY savings Sisson situation small business statement tell thing tion trying United Washington York