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 55
ment , that in point of view of appearance alone might be able to compete favorably with the chain store establishments which are beginning to permeate every nook and cranny of the entire country and their set - up obtains a ...
ment , that in point of view of appearance alone might be able to compete favorably with the chain store establishments which are beginning to permeate every nook and cranny of the entire country and their set - up obtains a ...
Page 58
... were uncollectible and general purchasing power was . at a minimum , were forced to let their stocks of goods and materials fall far short . of their business demands , and have never since been able to properly replenish . them .
... were uncollectible and general purchasing power was . at a minimum , were forced to let their stocks of goods and materials fall far short . of their business demands , and have never since been able to properly replenish . them .
Page 59
Some of them can possibly get short - term loans , but a loan of that kind would be practically of no benefit to them because they would not be able to turn their stocks over and have the use of that money for ...
Some of them can possibly get short - term loans , but a loan of that kind would be practically of no benefit to them because they would not be able to turn their stocks over and have the use of that money for ...
Page 60
Longer terms and a system of setting up the method of payment so that they will know , figuring business under presentday conditions , that they will be able to repay it . My contention is that the average merchant is not any great ...
Longer terms and a system of setting up the method of payment so that they will know , figuring business under presentday conditions , that they will be able to repay it . My contention is that the average merchant is not any great ...
Page 61
One thing more , to show you to what extent there is misunderstanding of the credit situation throughout the country , and exactly what some of the Government agencies are able to do , I will read from a letter which I received from the ...
One thing more , to show you to what extent there is misunderstanding of the credit situation throughout the country , and exactly what some of the Government agencies are able to do , I will read from a letter which I received from the ...
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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 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