Rural Telephone Supplemental Financing: Hearings Before ..., 91-1 on H.R. 7, H.R. 81,H.R. 4020, H.R. 4192, and H.R. 7872, February 19, 20, 21 , and March 13, 19691969 - 119 pages |
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Page 42
... suggest . I will call him up as soon as I get back to my office and find out what the source of his con- cern is and ... suggested and the committee adopted their amendment that we cut down the ratio from 12 to 1 to 8 to 1 , but the same ...
... suggest . I will call him up as soon as I get back to my office and find out what the source of his con- cern is and ... suggested and the committee adopted their amendment that we cut down the ratio from 12 to 1 to 8 to 1 , but the same ...
Page 44
... suggest to effect this principle is ( as suggested in Mr. Bollinger's testimony before this committee during the first session of the 90th Congress ) , directed toward the purposes for which the assets of the rural telephone account ...
... suggest to effect this principle is ( as suggested in Mr. Bollinger's testimony before this committee during the first session of the 90th Congress ) , directed toward the purposes for which the assets of the rural telephone account ...
Page 45
... suggest that the cost of money approach would obtain greater support in Congress and elsewhere . Referring again to ... suggesting that the same amendments which were set forth by the United States Independent Telephone Association in ...
... suggest that the cost of money approach would obtain greater support in Congress and elsewhere . Referring again to ... suggesting that the same amendments which were set forth by the United States Independent Telephone Association in ...
Page 50
... suggested . I know from hav- ing talked to individual members of the committee , that the negotia- tion process and the bringing together of the different feelings was a long and not an easy one . I do think that the legislation finally ...
... suggested . I know from hav- ing talked to individual members of the committee , that the negotia- tion process and the bringing together of the different feelings was a long and not an easy one . I do think that the legislation finally ...
Page 52
... suggests , it is that all loans would have to go to the bank board of directors and if they turned it down , then perhaps they could be made at 2 percent . The reasons given , as I understand them , were to make it very clear through ...
... suggests , it is that all loans would have to go to the bank board of directors and if they turned it down , then perhaps they could be made at 2 percent . The reasons given , as I understand them , were to make it very clear through ...
Expressions et termes fréquents
2-percent money 90th Congress ABERNETHY Admiral Mott amendment amount Arkansas bank loans BELCHER BURLISON CHAIRMAN Class A stock co-ops Congress Congressman corporation cost of money debentures directors Edison Electric Institute eight-party entities Farm Credit Farm Credit Administration farm credit system Federal Fullarton funds going GOODLING Government HAMIL HARRIS hearings independent telephone interest rate intermediate loan investment KLEPPE legislation loan applications LYNN O'Konski operation panies percent PETERSON Poage present President Public Service Commission question RARICK REA Administrator REA borrowers REA telephone borrowers REA telephone program represent rural America rural areas Rural Electrification Act Rural Electrification Administration rural telephone account Rural Telephone Bank rural telephone program rural telephone service rural telephone systems section 201 statement subscribers subsidy supplemental financing TEAGUE tele Telephone Bank Board telephone cooperatives telephone service testimony Thank tion Treasury United utilities vote ZWACH
Fréquemment cités
Page 7 - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
Page 7 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 4 - ... shall be guided by the policy of making payments not in excess of the taxes which would have been payable upon such property in the condition in which it was acquired.
Page 4 - States in collecting debts from bankrupt, insolvent, or decedents' estates; to determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid...
Page 11 - Congress that adequate telephone service be made generally available in rural areas, through the improvement and expansion of existing telephone facilities and the construction and operation of such additional facilities as are required to assure the availability of adequate telephone service to the widest practicable number of rural users of such service.
Page 9 - Act of 1936, as amended, is repealed. (b) Section 201 of the Rural Electrification Act of 1936, as amended, is amended by inserting ", to public bodies now providing telephone service in rural areas", immediately after the word "areas...
Page 6 - Provided, That the minimum amount of class A stock that shall be retired each year after said date and after the amount of class A and class B stock issued totals $400,000,000, shall equal the amount of class B stock sold by the telephone bank during such year.
Page 5 - Board shall prescribe bylaws, not inconsistent with law, regulating the manner in which the telephone bank's business shall be conducted, its directors and officers elected, its stock issued, held, and disposed of, its property transferred, its bylaws amended, and the powers and privileges granted to it by law exercised and enjoyed. (h...
Page 48 - The CHAIRMAN. Are there any other questions? If not we are very much obliged to you, Doctor.
Page 6 - ... consist of capital subscribed by the United States, by borrowers from the telephone bank, by corporations and public bodies eligible to become borrowers from the telephone bank, and by organizations controlled by such borrowers, corporations, and public bodies. Beginning with the fiscal year...