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 |
From inside the book
Page 16
... 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 . My experience of 30 days in the R. F. C. is ...
... 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 . My experience of 30 days in the R. F. C. is ...
Page 22
... Mr. CAVICCHIA . 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.
... Mr. CAVICCHIA . 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
... 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 , 1934 : If conservatively conducted ...
... 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 , 1934 : If conservatively conducted ...
Page 25
... banker , no help to the small business man is possible . Mr. RUSSELL . What assurance have you that another institution will not be similar ? Dr. BECKMAN . There is no assurance that we are going to live tomorrow , but we are assured ...
... banker , no help to the small business man is possible . Mr. RUSSELL . What assurance have you that another institution will not be similar ? Dr. BECKMAN . There is no assurance that we are going to live tomorrow , but we are assured ...
Page 27
... 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 advised a loan to have been made . I mean here ...
... 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 advised a loan to have been made . I mean here ...
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Common terms and phrases
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