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 21
What is the use of setting up another one with the same credit conditions ? Dr. BECKMAN . That is right . That is one of the things I was going to contend for , that this organization would be operated in a different manner .
What is the use of setting up another one with the same credit conditions ? Dr. BECKMAN . That is right . That is one of the things I was going to contend for , that this organization would be operated in a different manner .
Page 25
The commercial banks do a different kind of banking , and they must operate on a short - time basis . The presidents of two pretty good - sized banks in Ohio and Wis- consin told me personally that this bill , in section 210 , where it ...
The commercial banks do a different kind of banking , and they must operate on a short - time basis . The presidents of two pretty good - sized banks in Ohio and Wis- consin told me personally that this bill , in section 210 , where it ...
Page 31
It can and should be made unprofitable for banks to operate without the Federal Deposit Insurance protection and all banks operating under that act should be required to become members of the Federal Reserve System .
It can and should be made unprofitable for banks to operate without the Federal Deposit Insurance protection and all banks operating under that act should be required to become members of the Federal Reserve System .
Page 33
Inability to operate a business properly may result in a rapid dissipation of capital , to the detriment of investors . This , again , is a matter of policy , which in time the Commission may adopt of its own accord and which requires ...
Inability to operate a business properly may result in a rapid dissipation of capital , to the detriment of investors . This , again , is a matter of policy , which in time the Commission may adopt of its own accord and which requires ...
Page 37
I know what it costs them to operate . Mr. CAVICCHIA . Two percent on $ 25,000 is $ 500 . Dr. BECKMAN . I think that is more than ample . Mr. GIFFORD . I want to call your attention to section 4 ( c ) . That provides that- It shall be ...
I know what it costs them to operate . Mr. CAVICCHIA . Two percent on $ 25,000 is $ 500 . Dr. BECKMAN . I think that is more than ample . Mr. GIFFORD . I want to call your attention to section 4 ( c ) . That provides that- It shall be ...
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