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 24
Under suitable safeguards the industrial and commercial intermediate credit bank system * * * which corresponds to industrial mortgage lending and similar institutions long operating abroad , can prove a very desirable reform .
Under suitable safeguards the industrial and commercial intermediate credit bank system * * * which corresponds to industrial mortgage lending and similar institutions long operating abroad , can prove a very desirable reform .
Page 29
... to banking . the other hand , prohibitive restrictions upon credit jeopardize industry and commerce , create liabilities for the banks with funds to lend but no one qualifying for loans , and impair our whole economic structure .
... to banking . the other hand , prohibitive restrictions upon credit jeopardize industry and commerce , create liabilities for the banks with funds to lend but no one qualifying for loans , and impair our whole economic structure .
Page 34
The virtual cessation of lending by banks for such purposes during this depression has had an especially disastrous effect upon small enterprises . In an effort to keep the banks solvent and to protect depositors , borrowers have been ...
The virtual cessation of lending by banks for such purposes during this depression has had an especially disastrous effect upon small enterprises . In an effort to keep the banks solvent and to protect depositors , borrowers have been ...
Page 49
Are they lending money ? Mr. MARX . Yes . They have plenty of money , but the average business house cannot borrow unless you are ... Why will not your banks lend money ? Mr. MARX . They do not like to loan on these long - term loans .
Are they lending money ? Mr. MARX . Yes . They have plenty of money , but the average business house cannot borrow unless you are ... Why will not your banks lend money ? Mr. MARX . They do not like to loan on these long - term loans .
Page 50
In this bill there is permission given to the banks to provide a lending agency for readjustment of their loans in case they want the money or cash . The bank makes the loan and makes them for a long term , and if it finds it needs ...
In this bill there is permission given to the banks to provide a lending agency for readjustment of their loans in case they want the money or cash . The bank makes the loan and makes them for a long term , and if it finds it needs ...
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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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