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 4
( b ) The Corporation shall establish a rate of rediscount not exceeding by more than 11⁄2 per centum per annum the average rate of interest or discount , paid by the Corporation on its outstanding notes , debentures , bonds , or other ...
( b ) The Corporation shall establish a rate of rediscount not exceeding by more than 11⁄2 per centum per annum the average rate of interest or discount , paid by the Corporation on its outstanding notes , debentures , bonds , or other ...
Page 24
credit , just as in the case of the Federal intermediate credit banks established for agriculture . That was the conclusion reached by that group . Again in a report on the commercial and industrial credit needs of small business con- ...
credit , just as in the case of the Federal intermediate credit banks established for agriculture . That was the conclusion reached by that group . Again in a report on the commercial and industrial credit needs of small business con- ...
Page 29
... it would be difficult to reconcile the restriction of credit to small and medium - sized establish- ments , with the ... financial channels and / or by direct loans to " established industrial and commercial 145152-35- businesses .
... it would be difficult to reconcile the restriction of credit to small and medium - sized establish- ments , with the ... financial channels and / or by direct loans to " established industrial and commercial 145152-35- businesses .
Page 30
... Reserve banks wholly unimpaired and prescribes no restrictions beyond those prescribed in the law itself law permits Federal Reserve banks to make direct loans to established industrial and commercial businesses only when authorized ...
... Reserve banks wholly unimpaired and prescribes no restrictions beyond those prescribed in the law itself law permits Federal Reserve banks to make direct loans to established industrial and commercial businesses only when authorized ...
Page 31
The first of these steps can be accomplished by amending the Federal Deposit Insurance Act and following the precedent already established whereby banks of issue were restricted through taxation on paper money which made its issuance ...
The first of these steps can be accomplished by amending the Federal Deposit Insurance Act and following the precedent already established whereby banks of issue were restricted through taxation on paper money which made its issuance ...
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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 |
| Export Citation | BiBTeX EndNote RefMan |