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 14
They always secured their capital either from their own funds or accumulations . Of those manufacturers who borrowed money from one source or another , 45 percent reported that they experienced difficulty in secur- ing either any credit ...
They always secured their capital either from their own funds or accumulations . Of those manufacturers who borrowed money from one source or another , 45 percent reported that they experienced difficulty in secur- ing either any credit ...
Page 23
... volume of intermediate credit " ; and second , " that it is natural that business demands for such credit should be greater after 3 years of operative reverses than formerly " due to an inpaired working capital condition .
... volume of intermediate credit " ; and second , " that it is natural that business demands for such credit should be greater after 3 years of operative reverses than formerly " due to an inpaired working capital condition .
Page 24
Commercial banks should properly be concerned chiefly with financing the seasonal and temporary working capital needs of in- dustry and trade , for only in that way can they maintain the liquidity of their portfolios .
Commercial banks should properly be concerned chiefly with financing the seasonal and temporary working capital needs of in- dustry and trade , for only in that way can they maintain the liquidity of their portfolios .
Page 25
They also said " that there is a larger unsatisfied demand for long- term working capital credit than for one - turnover loans . " They have reached about the same conclusion , and the conclusions are practically unanimous , as if they ...
They also said " that there is a larger unsatisfied demand for long- term working capital credit than for one - turnover loans . " They have reached about the same conclusion , and the conclusions are practically unanimous , as if they ...
Page 27
Why is not this an attractive field for private capital ? Dr. BECKMAN . That is what we are trying to do , and I think it is one of the soundest , one of the most constructive , and one of the most effective propositions , because we ...
Why is not this an attractive field for private capital ? Dr. BECKMAN . That is what we are trying to do , and I think it is one of the soundest , one of the most constructive , and one of the most effective propositions , because we ...
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Bibliographic information
| Title | 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 ..., Part 1 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, United States. Congress. House. Committee on Banking and Currency |
| Author | United States. Congress. House. Committee on Banking and Currency |
| Publisher | U.S. Government Printing Office, 1935 |
| Length | 204 pages |
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