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, Part 1U.S. Government Printing Office, 1935 - 204 pages |
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Page 16
... it is hardly worth while to say to bankers they must loan to industry . I re cently had this argument from banks that they only require 80 percent for dollars loaned . The R. F. C. is requiring from 5 to 10 times what they do .
... it is hardly worth while to say to bankers they must loan to industry . I re cently had this argument from banks that they only require 80 percent for dollars loaned . The R. F. C. is requiring from 5 to 10 times what they do .
Page 22
Do you not find that the local agencies use the same criterion that is used by bankers ? Mr. SISSON . I think that is so . Mr. CAVICCHIA . I have had that from the New 22 INTERMEDIATE CREDIT CORPORATION.
Do you not find that the local agencies use the same criterion that is used by bankers ? Mr. SISSON . I think that is so . Mr. CAVICCHIA . I have had that from the New 22 INTERMEDIATE CREDIT CORPORATION.
Page 24
That was the time when Mr. Jones asked the bankers of the country to loosen up , and all the answer he got was " loosen up yourself " . Dr. BECKMAN . That is right . Here is what the Journal of Com- merce said editorially on November 12 ...
That was the time when Mr. Jones asked the bankers of the country to loosen up , and all the answer he got was " loosen up yourself " . Dr. BECKMAN . That is right . Here is what the Journal of Com- merce said editorially on November 12 ...
Page 25
... as they are against the administration of the law , and many of them state that as long as the administrators are imbued with the spirit of the big banker , no help to the small business man is possible . Mr. RUSSELL .
... as they are against the administration of the law , and many of them state that as long as the administrators are imbued with the spirit of the big banker , no help to the small business man is possible . Mr. RUSSELL .
Page 27
have not known of a single instance - I am not a banker , and I am probably a good deal more liberal - I have not known of a single instance where they have , in effect , turned it down , where , in my judgment , they ought not to have ...
have not known of a single instance - I am not a banker , and I am probably a good deal more liberal - I have not known of a single instance where they have , in effect , turned it down , where , in my judgment , they ought not to have ...
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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 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
Bibliographic information
| Title | 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 ..., Part 1 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, United States. Congress. House. Committee on Banking and Currency |
| Author | United States. Congress. House. Committee on Banking and Currency |
| Publisher | U.S. Government Printing Office, 1935 |
| Length | 204 pages |
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