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 29
He pointed out that loans so listed are " merely flagged " , and that " such loans would bear watching by bankers but that it did not necessarily follow that such loans should be called or pressure placed on borrowers to make payment .
He pointed out that loans so listed are " merely flagged " , and that " such loans would bear watching by bankers but that it did not necessarily follow that such loans should be called or pressure placed on borrowers to make payment .
Page 31
... that any firm meeting the requirements of the Corporation would not only be granted credit by the most hard - boiled local banker but that such concern would be in a financial condition that would not require any loans .
... that any firm meeting the requirements of the Corporation would not only be granted credit by the most hard - boiled local banker but that such concern would be in a financial condition that would not require any loans .
Page 32
In consequence of this situation , bankers have failed to guide economic activity statesman - like , but have submitted instead to local pressures and influences , resulting in undesirable competitive practices .
In consequence of this situation , bankers have failed to guide economic activity statesman - like , but have submitted instead to local pressures and influences , resulting in undesirable competitive practices .
Page 33
Commercial bankers have also served in an important capacity as suppliers of permanent ... Their replies clearly showed that existing investment bankers or brokers were not interested in flotations of small issues because of their ...
Commercial bankers have also served in an important capacity as suppliers of permanent ... Their replies clearly showed that existing investment bankers or brokers were not interested in flotations of small issues because of their ...
Page 34
The need for such a system has long been recognized by some authorities , bankers , and business men . In the report of the National Industrial Conference Board on " The Availability of Bank Credit " , published in 1932 , it was pointed ...
The need for such a system has long been recognized by some authorities , bankers , and business men . In the report of the National Industrial Conference Board on " The Availability of Bank Credit " , published in 1932 , it was pointed ...
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