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
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Page 40
... KOPPLEMANN . I know of one instance where the Boston agency was told by the men with whom this man conducted his negotiations that the R. F. C. law required 10 times as much as the bank before they would make a loan . The CHAIRMAN . I ...
... KOPPLEMANN . I know of one instance where the Boston agency was told by the men with whom this man conducted his negotiations that the R. F. C. law required 10 times as much as the bank before they would make a loan . The CHAIRMAN . I ...
Page 44
... KOPPLEMANN . Are any of these cases you have cited in danger of not being able to continue ? Mr. MARX . No ; they are all going concerns . They have pulled through the depression and made money , but because of inadequate credit they ...
... KOPPLEMANN . Are any of these cases you have cited in danger of not being able to continue ? Mr. MARX . No ; they are all going concerns . They have pulled through the depression and made money , but because of inadequate credit they ...
Page 47
... KOPPLEMANN . From your knowledge of real - estate values before the chaos and since the chaos , would you say that the decreased value of real estate and land is due to the fault of any human being ? Mr. MARX . No , it is not . The ...
... KOPPLEMANN . From your knowledge of real - estate values before the chaos and since the chaos , would you say that the decreased value of real estate and land is due to the fault of any human being ? Mr. MARX . No , it is not . The ...
Page 51
... KOPPLEMANN . Are you not aware that we have already a law by which these banks , as I understand , can rediscount on loan collateral ? Mr. MARX . My argument is that it is not complete enough in what you are offering . What you have ...
... KOPPLEMANN . Are you not aware that we have already a law by which these banks , as I understand , can rediscount on loan collateral ? Mr. MARX . My argument is that it is not complete enough in what you are offering . What you have ...
Page 52
... Kopplemann put it , if there was some agency whereby private lending institutions , whether banks or mortgage companies or building and loan associations , could take some of the ordinary good risks and get loans on real estate ...
... Kopplemann put it , if there was some agency whereby private lending institutions , whether banks or mortgage companies or building and loan associations , could take some of the ordinary good risks and get loans on real estate ...
Common terms and phrases
agency amount application appraisal bankers BECKMAN bill Board bondholders bonds borrow BRAIDA branch bank building and loan BULLOCK capital CAVICCHIA chain stores CHAIRMAN collateral commercial banks concerns DEATON debentures DICE DIRKSEN dollars DRISCOLL Edmund Wright employment fact FARLEY Federal Housing Administration Federal Reserve banks Federal Reserve System FORD GIFFORD give Government Industrial Credit interest Intermediate Credit Corporation JONES KENNEDY KOPPLEMANN KRIEGER legislation lend liquid little fellow long-time loans manufacturers MARTIN MARX MEEKS member institution ment merchants MICHAEL K mortgage companies MULLINS obligations operate organization OSBAHR percent plant present President purpose question real estate reason Reconstruction Finance Corporation recovery rediscount REILLY retail set-up SISSON small business small industries Standard Oil Co statement Theodore N thing tion warehouse Washington WILLIAMS York