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 |
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Page 15
Up to that time the Reconstruction Finance Corporation disbursed $ 17,142,098 out of the $ 300,000,000 authorized by the Congress on June 19 , 1934 , which is a little less than 6 percent of that amount . After the Federal Reserve ...
Up to that time the Reconstruction Finance Corporation disbursed $ 17,142,098 out of the $ 300,000,000 authorized by the Congress on June 19 , 1934 , which is a little less than 6 percent of that amount . After the Federal Reserve ...
Page 16
Dr. BECKMAN ( reading ) : They required 10 times adequate security to the amount they will loan , and I am safe in saying that no industry in the country can give that security for a loan from the R. F. C. Unless more liberal ...
Dr. BECKMAN ( reading ) : They required 10 times adequate security to the amount they will loan , and I am safe in saying that no industry in the country can give that security for a loan from the R. F. C. Unless more liberal ...
Page 17
Do you mean to say that a representative of the R. F. C. made the statement on his own responsibility that it was necessary to expend that amount to get an application before them in shape to have it considered ? Dr. BECKMAN .
Do you mean to say that a representative of the R. F. C. made the statement on his own responsibility that it was necessary to expend that amount to get an application before them in shape to have it considered ? Dr. BECKMAN .
Page 18
necessary to have a hundred pages , unless there is an enormous amount involved in reference to the appraisement or the inventory . But the R. F. C. , to my personal knowledge , will do this . If a borrower lives near enough to ...
necessary to have a hundred pages , unless there is an enormous amount involved in reference to the appraisement or the inventory . But the R. F. C. , to my personal knowledge , will do this . If a borrower lives near enough to ...
Page 19
Do you suppose you could give the amount applied for ? Dr. BECKMAN . Up to October 12 , 1934 . Mr. SISSON . Along with Mr. Gifford's suggestion , have you included commitments ? Dr. BECKMAN . No. Mr. SISSON .
Do you suppose you could give the amount applied for ? Dr. BECKMAN . Up to October 12 , 1934 . Mr. SISSON . Along with Mr. Gifford's suggestion , have you included commitments ? Dr. BECKMAN . No. Mr. SISSON .
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