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 54
... merchants not only to the community but the general business set up of the country . How would a loan of this kind to John Smith increase his trade ? Mr. SIMPSON . In the first place it would enable him to expand It would enable him to ...
... merchants not only to the community but the general business set up of the country . How would a loan of this kind to John Smith increase his trade ? Mr. SIMPSON . In the first place it would enable him to expand It would enable him to ...
Page 55
... merchant is able to so finance his business as to compete with the chains and the larger units . Mr. SIMPSON . Absolutely . I think the public , if I may say so , especially in the suburban rural communities throughout the country , are ...
... merchant is able to so finance his business as to compete with the chains and the larger units . Mr. SIMPSON . Absolutely . I think the public , if I may say so , especially in the suburban rural communities throughout the country , are ...
Page 56
... merchants around different sections . In the year 1929 we merchants , that is , those of us who were con- ducting our businesses in safe , sane , and business - like manner , were making reasonable and satisfactory profits , and were ...
... merchants around different sections . In the year 1929 we merchants , that is , those of us who were con- ducting our businesses in safe , sane , and business - like manner , were making reasonable and satisfactory profits , and were ...
Page 57
... merchants of the country down to the point that they have not any money , have not any stocks , and they do not know exactly which way to turn . The wholesalers have been hit so hard during the past few years that their credits have ...
... merchants of the country down to the point that they have not any money , have not any stocks , and they do not know exactly which way to turn . The wholesalers have been hit so hard during the past few years that their credits have ...
Page 59
... merchants generally , in getting loans from the banks ? Mr. Moss . Very much . The banks are not extending the small merchants loans . They claim that the average merchant is not doing sufficient business to justify a loan of $ 1,500 or ...
... merchants generally , in getting loans from the banks ? Mr. Moss . Very much . The banks are not extending the small merchants loans . They claim that the average merchant is not doing sufficient business to justify a loan of $ 1,500 or ...
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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