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 16
... in addition to the interest . The CHAIRMAN . How did he incur that expense ? Mr. SISSON . Who would get the 2 percent ? Dr. BECKMAN . Here is the way he spent the money . He had given him- The CHAIRMAN . How did he spend the money ?
... in addition to the interest . The CHAIRMAN . How did he incur that expense ? Mr. SISSON . Who would get the 2 percent ? Dr. BECKMAN . Here is the way he spent the money . He had given him- The CHAIRMAN . How did he spend the money ?
Page 28
He borrows from the bank because he is a good risk and pays a high rate of interest , with the idea of renewing . But that is an intermediate bank proposition . Broadly speaking , small business enterprises now operating in the ...
He borrows from the bank because he is a good risk and pays a high rate of interest , with the idea of renewing . But that is an intermediate bank proposition . Broadly speaking , small business enterprises now operating in the ...
Page 32
Loosen restrictions impaired by Securities Act . " * * * * * * * * * * " The action of the Government in regard to the sale of securities has made it impossible to interest any reputable bankers or brokers in the sale of our securities ...
Loosen restrictions impaired by Securities Act . " * * * * * * * * * * " The action of the Government in regard to the sale of securities has made it impossible to interest any reputable bankers or brokers in the sale of our securities ...
Page 34
If recovery is to be achieved serious attention must be devoted to the interest of borrowers as well as depositors , especially since depositor confidence has been fully restored . Even though the measures recommended up to this point ...
If recovery is to be achieved serious attention must be devoted to the interest of borrowers as well as depositors , especially since depositor confidence has been fully restored . Even though the measures recommended up to this point ...
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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