Emergency Financings for Unemployed Workers: Hearings Before a Subcommittee ... on S. 4947 ... July 6, 1932, Volume 311932 - 20 pages |
From inside the book
Results 1-5 of 5
Page 1
... capital stock of $ 500,000,000 subscribed by the United States of America , payment for which shall be subject to call in whole or in part by the board of directors . There is hereby authorized to be appropriated , out of any money in ...
... capital stock of $ 500,000,000 subscribed by the United States of America , payment for which shall be subject to call in whole or in part by the board of directors . There is hereby authorized to be appropriated , out of any money in ...
Page 5
... capital its notes , debentures , bonds , or other such obligations , such obligations to mature not more than five years from their respective dates of issue , to be redeemable at the option of the corporation before maturity in such ...
... capital its notes , debentures , bonds , or other such obligations , such obligations to mature not more than five years from their respective dates of issue , to be redeemable at the option of the corporation before maturity in such ...
Page 6
... capital stock of the corporation as may be specified by the corporation with the approval of the Secretary of the Treasury but not exceeding in par value the amount so paid in shall be canceled and retired . Any balance remaining after ...
... capital stock of the corporation as may be specified by the corporation with the approval of the Secretary of the Treasury but not exceeding in par value the amount so paid in shall be canceled and retired . Any balance remaining after ...
Page 9
... capital now invested in existing enterprises are idle and profitless because of the lost purchasing power of the masses . The statements just made summarize the difficulty of financing new employment in order to create new purchasing ...
... capital now invested in existing enterprises are idle and profitless because of the lost purchasing power of the masses . The statements just made summarize the difficulty of financing new employment in order to create new purchasing ...
Page 15
... capital of $ 500,000,000 , thus providing a total re- volving fund of approximately $ 3,000,000,000 . I may point out that as soon as this borrowing commences and the borrowers themselves are put to work satisfying the demand which has ...
... capital of $ 500,000,000 , thus providing a total re- volving fund of approximately $ 3,000,000,000 . I may point out that as soon as this borrowing commences and the borrowers themselves are put to work satisfying the demand which has ...
Common terms and phrases
66 Senator COSTIGAN advisory council agencies agent aggregate appointed approval bank bill board of directors bonds borrowers BRONSON CUTTING capital stock cash cent centum Chairman collective bargaining coming winter COMMITTEE ON MANUFACTURES compensation Congress corporation is authorized create credit behind purchasing credit certificates credit facilities credits extended debentures demand for necessary distributors and transporters dole earning power employed employees enterprises Exchange Corporation extend credits extension of credit face value falsely altered hereby increase of purchasing increase purchasing power individual interest issued or authorized LA FOLLETTE labor Liberty bond licensed producers liquidation loans ment MORRIS SHEPPARD municipal notes officer operation paid poration present principal economic activities proposition provides that U. S. E. C. purpose railroads real property Reconstruction Finance Corporation repayment RICHBERG Secretary Section subcommittee thereof Treasury turn the tide unemployed heads unemployed workers United States Exchange volume of purchases West Virginia
Popular passages
Page 2 - Bank shall in any manner, directly or indirectly, participate in the deliberation upon or the determination of any question affecting his personal interests, or the interests of any corporation, partnership, or association in which he is directly or indirectly personally interested.
Page 7 - ... (2) with intent to defraud the Corporation or any other body, politic or corporate ; or any individual, or to deceive any officer, auditor, or examiner of the...
Page 5 - The engraved plates, dies, bed pieces, and other material executed in connection therewith shall remain in the custody of the Secretary of the Treasury. The...
Page 5 - (p) All notes, debentures, bonds, or other such obligations issued by the Corporation shall be exempt, both as to principal and interest, from all taxation (except estate and inheritance taxes) now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority.
Page 5 - Administrator to be issued hereunder and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 2 - Act, without regard to the provisions of other laws applicable to the employment and compensation of officers and employees of the United States...
Page 5 - Such bonds shall be fully and unconditionally guaranteed both as to interest and principal by the United States...
Page 2 - The Corporation shall be entitled to the free use of the United States mails in the same manner as the executive departments of the Government.
Page 5 - Each such obligation shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on...
Page 2 - The board of directors of the corporation shall determine and prescribe the manner in which its obligations shall be incurred and its expenses allowed and paid.