Impoundment of Funds for Farm and Rural Programs: Hearings Before ..., 93-1 ..., February 1 ... 6, 1973 |
From inside the book
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Page 11
... farm programs with those that are outdated . Let's not do away with the REA direct loan system just because the interest rate may need adjustment . Let's not do away with sound , sensible , cost- sharing contour farming practices that ...
... farm programs with those that are outdated . Let's not do away with the REA direct loan system just because the interest rate may need adjustment . Let's not do away with sound , sensible , cost- sharing contour farming practices that ...
Page 17
... farming and encourage them to install soil and water conservation practices on their land . Today those same soil and water conservation practices are an ac- cepted part of sound , efficient farm operations . The cost - share incentive ...
... farming and encourage them to install soil and water conservation practices on their land . Today those same soil and water conservation practices are an ac- cepted part of sound , efficient farm operations . The cost - share incentive ...
Page 18
... farm meters . Lines financed by REA in 1972 averaged 14 meters per mile . Obviously , not many commercial farms are included in a population density of 14 per mile . The bulk of these 1972 REA customers were rural residents , retirees ...
... farm meters . Lines financed by REA in 1972 averaged 14 meters per mile . Obviously , not many commercial farms are included in a population density of 14 per mile . The bulk of these 1972 REA customers were rural residents , retirees ...
Page 19
... farm operating loans would be made avail- able after the 60 - day cutoff period had expired . These loans will be made at an interest rate of 57 % percent and are available to operators of family - size farms unable to obtain credit ...
... farm operating loans would be made avail- able after the 60 - day cutoff period had expired . These loans will be made at an interest rate of 57 % percent and are available to operators of family - size farms unable to obtain credit ...
Page 25
... farm operat- ing loans . These are somewhat more restrictive than the disaster loans . They come with the average interest rate of 5 % percent . They are limited to family farms which means there is a $ 50,000 limitation on them , and ...
... farm operat- ing loans . These are somewhat more restrictive than the disaster loans . They come with the average interest rate of 5 % percent . They are limited to family farms which means there is a $ 50,000 limitation on them , and ...
Common terms and phrases
acres action amount appropriated authority bill borrowers budget calcium Chairman committee commodities Congress conservation corn cost cost-sharing County crop cutbacks Dakota debt Department of Agriculture economic Electrification emergency loans environmental assistance program executive Farmers Home Administration Federal fiscal forest Forestry funds Georgia going Government grain impoundment income increase interest rate land legislation loan program Marshall County ment million National North Dakota operation percent President production protection REA bank REA loans REAP program record reduced rural America rural areas Rural Development Act rural electric Rural Electrification Act Rural Electrification Administration rural environmental assistance rural housing rural telephone Secretary BUTZ Senator ALLEN Senator BELLMON Senator CLARK Senator CURTIS Senator HUDDLESTON Senator HUMPHREY Senator TALMADGE Senator YOUNG Slash Pine soil statement telephone bank termination Thank tion U.S. Forest Service U.S. SENATOR USDA wheat wildlife
Popular passages
Page 518 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 518 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 532 - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
Page 533 - An Act to authorize Federal assistance to States and local governments in major disasters, and for other purposes...
Page 546 - Be it enacted by the Senate and Souse of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Arms Control and Disarmament Act Amendments in 1975".
Page 550 - Act, as amended, is amended — (1) by striking out the period at the end of "paragraph (5)" and inserting in lieu thereof " ; and" ; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist any small business concern...
Page 541 - Treasury which shall be not more than the higher of (1) 2% per centum per annum, or (2) the average annual interest rate on all interest-bearing obligations of the United States then forming a part of the public debt as computed at the end of the fiscal year next preceding the issuance by the Commissioner and adjusted to the nearest one-eighth of 1 per centum.
Page 557 - Interest payments may be deferred with the approval of the Secretary of the Treasury, but any interest payments so deferred shall themselves bear interest.
Page 565 - State or local interests give reasonable assurances, and there is reasonable evidence, that such demands for the use of such storage will be made within a period of time which will permit paying out the costs allocated to water supply within the life of the project...
Page 557 - There is hereby created a fisheries loan fund, which shall be used by the Secretary as a revolving fund to make loans for financing and refinancing under this section. Any funds received by the Secretary on or before June 30...