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 19
January 31 , was $ 8,651,000 , and since the act has been liberalized they have about doubled that figure , but , considering the fact that during the first 2 months of the administration the R. F. C. made very few loans because they ...
January 31 , was $ 8,651,000 , and since the act has been liberalized they have about doubled that figure , but , considering the fact that during the first 2 months of the administration the R. F. C. made very few loans because they ...
Page 22
My position is , and I have spent some time on the matter -- I was very much disappointed , in fact , that they could kick about the guiaranty of the loan . They are the men interested ; why should they not guarantee the loan with all ...
My position is , and I have spent some time on the matter -- I was very much disappointed , in fact , that they could kick about the guiaranty of the loan . They are the men interested ; why should they not guarantee the loan with all ...
Page 26
They might pay back in installments , and despite the fact that the law gives the R. F. C. authority to make loans for several years the administration insists on making notes payable only in 1 year . Mr. CAVICCHIA .
They might pay back in installments , and despite the fact that the law gives the R. F. C. authority to make loans for several years the administration insists on making notes payable only in 1 year . Mr. CAVICCHIA .
Page 30
The very fact that less than 1 percent of the amount authorized has actually been disbursed in more tian 3 months of operation and but 5 percent in about 6tj months of operation in an indictment of the failure of the Federal Reserve ...
The very fact that less than 1 percent of the amount authorized has actually been disbursed in more tian 3 months of operation and but 5 percent in about 6tj months of operation in an indictment of the failure of the Federal Reserve ...
Page 33
( 3 ) The Securities Act be modified so as to eliminate penalties for the " omission of material facts ” , unless ... did believe that no omission of a material fact was made therein , and that the standard of reasonableness required is ...
( 3 ) The Securities Act be modified so as to eliminate penalties for the " omission of material facts ” , unless ... did believe that no omission of a material fact was made therein , and that the standard of reasonableness required is ...
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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