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 24
... lending and similar institutions long operating abroad , can prove a very desirable reform . Business Week , on November 17 , 1934 , stated editorially that— perhaps that leaves a niche for the suggested intermediate credit bank . The ...
... lending and similar institutions long operating abroad , can prove a very desirable reform . Business Week , on November 17 , 1934 , stated editorially that— perhaps that leaves a niche for the suggested intermediate credit bank . The ...
Page 29
... lend but no one qualifying for loans , and impair our whole economic structure . A proper balance between these two ... lending for long periods of time . To stop such practices suddenly , without provision of substitute sources , serves ...
... lend but no one qualifying for loans , and impair our whole economic structure . A proper balance between these two ... lending for long periods of time . To stop such practices suddenly , without provision of substitute sources , serves ...
Page 34
... 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 sadly neglected . If ...
... 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 sadly neglected . If ...
Page 49
... lending money ? Mr. MARX . Yes . They have plenty of money , but the average business house cannot borrow unless you are actually putting up Liberty bonds or something corresponding to them . Mr. GIFFORD . Why will not your banks lend ...
... lending money ? Mr. MARX . Yes . They have plenty of money , but the average business house cannot borrow unless you are actually putting up Liberty bonds or something corresponding to them . Mr. GIFFORD . Why will not your banks lend ...
Page 50
... 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 money at any time , it can take the loan and get it rediscounted ...
... 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 money at any time , it can take the loan and get it rediscounted ...
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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