Unemployment Relief: Hearings Before the Committee on Banking and Currency United States Senate, Seventy-second Congress, First Session on S. 4632, S.4727, S.4755, and S. 4822, Bills Relative to Federal Loans to Aid Unemployment. June 2, 7, 11, and 13, 1932. Printed for the Use of the Comnittee on Banking and CurrencyU.S. Government Printing Office, 1932 - 200 pages |
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... BARKLEY , Kentucky . ROBERT J. BULKLEY , Ohio . CAMERON MORRISON , North Carolina . THOMAS P. GORE , Oklahoma . EDWARD P. COSTIGAN , Colorado . CORDELL HULL , Tennessee .キ 1930 CONTENTS Statement of- Avery , Sewell . Burns , Allen HD5723.
... BARKLEY , Kentucky . ROBERT J. BULKLEY , Ohio . CAMERON MORRISON , North Carolina . THOMAS P. GORE , Oklahoma . EDWARD P. COSTIGAN , Colorado . CORDELL HULL , Tennessee .キ 1930 CONTENTS Statement of- Avery , Sewell . Burns , Allen HD5723.
Page 1
... Barkley , Bulkley , Gore , Costigan , and Hull . Present also : Senator Barbour , of New Jersey . The CHAIRMAN . The committee will come to order . The commit- tee was called together this morning for the purpose of a hearing on S. 4755 ...
... Barkley , Bulkley , Gore , Costigan , and Hull . Present also : Senator Barbour , of New Jersey . The CHAIRMAN . The committee will come to order . The commit- tee was called together this morning for the purpose of a hearing on S. 4755 ...
Page 10
... BARKLEY . There is hope yet for you , Mr. Secretary . Senator BLAINE . That is more than 75 per cent in the matter of amount . Senator WATSON . Yes , perhaps that is so . Secretary MILLS . The fourth proposal , however , is open to very ...
... BARKLEY . There is hope yet for you , Mr. Secretary . Senator BLAINE . That is more than 75 per cent in the matter of amount . Senator WATSON . Yes , perhaps that is so . Secretary MILLS . The fourth proposal , however , is open to very ...
Page 19
... BARKLEY . You would determine here in Washington the resources of a State . And suppose you find some State where the resources are out of all proportion to population and need , what will you do ? Secretary MILLS . Which way ? Senator ...
... BARKLEY . You would determine here in Washington the resources of a State . And suppose you find some State where the resources are out of all proportion to population and need , what will you do ? Secretary MILLS . Which way ? Senator ...
Page 20
... Barkley , you would apply your rule with reason . I do not believe there are but very few States in the Union that feel they actually need Federal funds for relief purposes . I say need . That is a very different question , as to ...
... Barkley , you would apply your rule with reason . I do not believe there are but very few States in the Union that feel they actually need Federal funds for relief purposes . I say need . That is a very different question , as to ...
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Common terms and phrases
amended amount appropriation authorized AVERY Baldwin Locomotive bank Barbour bill BARKLEY bonds borrow building capital CHAIRMAN committee commodities CONGRESS THE LIBRARY construction cost cotton demand depression employment equipment trust certificates expenditure Farm Board Federal Government Federal reserve figures Finance Corporation act funds give going governor HOUSTON increase interest Interstate Commerce Committee labor LIBRARY OF CONGRESS loan locomotives machinery mean ment million MUIR municipalities O'NEAL PETER NORBECK private enterprise private industry production projects Puerto Rico purchase purpose question railroads Reconstruction Finance Corporation relief Secretary MILLS self-liquidating sell Senator BARBOUR Senator BLAINE Senator BROOKHART Senator BULKLEY Senator COUZENS Senator FLETCHER Senator GLASS Senator GORE Senator WAGNER situation statement submitted surplus taxes thereof thing tion to-day Treasury United UNITED STATES SENATE wages Wagner bill WILLIAMS WOOLLEY York
Popular passages
Page 8 - ... to be redeemable at the option of the corporation before maturity in such manner as may be stipulated in such obligations, and...
Page 81 - UNITED STATES SENATE, COMMITTEE ON BANKING AND CURRENCY, Washington, DC The committee met at 10:30 am, pursuant to call, in room 301 Senate Office Building, Senator Robert F.
Page 9 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 1 - States in the proportion which their population bears to the total population of the United States...
Page 3 - For the purpose of carrying out the provisions of section 10 of the Federal-Aid Highway Act of 1950 (64 Stat. 785), there is hereby authorized to be appropriated for the survey, construction, reconstruction, and maintenance of main roads through unappropriated or unreserved public lands, nontaxable Indian lands, or other Federal reservations the sum of $2,500,000 for the fiscal year ending June 30, 1955, to remain available until expended.
Page 5 - That the management of the Corporation shall be vested in a board of directors, consisting of the Secretary of the Treasury...
Page 9 - Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter 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 the Corporation's bonds hereunder.
Page 3 - All contracts involving the expenditure of such grants shall contain provisions establishing minimum rates of wages, to be predetermined by the State highway department, which contractors shall pay to skilled and unskilled labor, and such minimum rates shall be stated in the invitation for bids and shall be included in proposals for bids for the work.
Page 81 - States is necessary to enable the applicant properly to meet the transportation needs of the public, and that the prospective earning power of the applicant and the character and value of the security offered are such as to furnish reasonable assurance of the applicant's ability to repay the loan...
Page 9 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...