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 74
Suppose I go out here and sell a bill of lumber to some fellow that this bank don't know about , you see . If I take the invoice down there he would say , " No ; you can't get a penny on it . " That is what we are up against down there ...
Suppose I go out here and sell a bill of lumber to some fellow that this bank don't know about , you see . If I take the invoice down there he would say , " No ; you can't get a penny on it . " That is what we are up against down there ...
Page 75
lumber from myself and the other fellows . Thirty days ago they struck out a bulletin that they could not pay that price . They were getting it cheap , but they wanted it for still less money , and they took the price of cross ties at ...
lumber from myself and the other fellows . Thirty days ago they struck out a bulletin that they could not pay that price . They were getting it cheap , but they wanted it for still less money , and they took the price of cross ties at ...
Page 77
... the warehousing and compressing of cotton , it will not . Mr. BROWN . What is your charge for storing cotton ? Mr. MULLINS . Fifteen cents a bale a month . Mr. BROWN . That almost broke these small fellows in my section .
... the warehousing and compressing of cotton , it will not . Mr. BROWN . What is your charge for storing cotton ? Mr. MULLINS . Fifteen cents a bale a month . Mr. BROWN . That almost broke these small fellows in my section .
Page 90
... he has got to do it by keeping his connec- tion with the bond maker , the man who originally made the bonds , the poor fellow who is under the heavy debt structure and that cannot wiggle and manipulate and get any sort of credit .
... he has got to do it by keeping his connec- tion with the bond maker , the man who originally made the bonds , the poor fellow who is under the heavy debt structure and that cannot wiggle and manipulate and get any sort of credit .
Page 91
Well , he is a young fellow , about to get married , and he just feels like , having invested $ 30,000 cash in an enterprise that has got a net value of as much as $ 200,000 , that it certainly ought to be good for a } $ 30,000 first ...
Well , he is a young fellow , about to get married , and he just feels like , having invested $ 30,000 cash in an enterprise that has got a net value of as much as $ 200,000 , that it certainly ought to be good for a } $ 30,000 first ...
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able agency amount application appraisal association authority bank bankers BECKMAN believe bill Board bonds borrow building BULLOCK capital carry CAVICCHIA CHAIRMAN City closed committee concerns Congress Corporation course Credit Corporation DEATON establish experience fact Federal Reserve fellow Finance FORD GIFFORD give Government House industry institution interest intermediate credit JONES KENNEDY kind KOPPLEMANN lend less loans manufacturers MARTIN MARX matter mean Members merchants months mortgage necessary notes obligations operate organization paid passed percent plant possible practically present President probably question real estate reason received referred REILLY savings SISSON situation small business statement tell thing tion trying United Washington York