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 45
Mr. MARX . In practically every case I feel satisfied that it would mean a tremendous employment of people . I was citing the trucking industry before , and I locate as many trucking companies in St. Louis and in the St. Louis area as ...
Mr. MARX . In practically every case I feel satisfied that it would mean a tremendous employment of people . I was citing the trucking industry before , and I locate as many trucking companies in St. Louis and in the St. Louis area as ...
Page 46
Mr. Marx . Yes . I can illustrate it this way . If they were to get an 80 percent loan and they agreed to amortize that loan one - tenth each year over a period of 10 years , including the taxes , interest , and pay off on the mortgage ...
Mr. Marx . Yes . I can illustrate it this way . If they were to get an 80 percent loan and they agreed to amortize that loan one - tenth each year over a period of 10 years , including the taxes , interest , and pay off on the mortgage ...
Page 47
Mr. Marx . That has been due to two reasons , in my judgment , one , that a lot of those mortgages were written up to 100 or 110 pera . cent of the value of the property as appraised in 1926 and 1927 . The CHAIRMAN . Who did that ?
Mr. Marx . That has been due to two reasons , in my judgment , one , that a lot of those mortgages were written up to 100 or 110 pera . cent of the value of the property as appraised in 1926 and 1927 . The CHAIRMAN . Who did that ?
Page 48
Mr. Marx . Where the company is putting up additional collateral besides the real estate they have for their own business . Mr. Cavicchia . You are not advocating here that the Government make 80 percent loans on the kind of loans you ...
Mr. Marx . Where the company is putting up additional collateral besides the real estate they have for their own business . Mr. Cavicchia . You are not advocating here that the Government make 80 percent loans on the kind of loans you ...
Page 49
Mr. Marx . Yes . Mr. WILLIAMS . Whether they make them , of course , is up to them , whether the security offered is satisfactory . The fact is we have a Government agency to take care of this situation . The CHAIRMAN .
Mr. Marx . Yes . Mr. WILLIAMS . Whether they make them , of course , is up to them , whether the security offered is satisfactory . The fact is we have a Government agency to take care of this situation . The CHAIRMAN .
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Expressions et termes fréquents
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 particular 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
Informations bibliographiques
| Titre | 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 ..., Partie 1 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, United States. Congress. House. Committee on Banking and Currency |
| Auteur | United States. Congress. House. Committee on Banking and Currency |
| Éditeur | U.S. Government Printing Office, 1935 |
| Longueur | 204 pages |
| Exporter la citation | BiBTeX EndNote RefMan |