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 23
Bank has our mortgage pledged with R. F. C. and can't subordinate without court order . We are caught between the two and don't seem to be able to get anywhere Concern is 54 years old and has a fine business ; less red ...
Bank has our mortgage pledged with R. F. C. and can't subordinate without court order . We are caught between the two and don't seem to be able to get anywhere Concern is 54 years old and has a fine business ; less red ...
Page 30
The very fact that less than 1 percent of the amount authorized has actually been disbursed in more tuan 3 months of operation and but 5 percent in about 6tj months of operation in an indictment of the failure of the Federal Reserve ...
The very fact that less than 1 percent of the amount authorized has actually been disbursed in more tuan 3 months of operation and but 5 percent in about 6tj months of operation in an indictment of the failure of the Federal Reserve ...
Page 31
The administration of credit policies is now carried on by no less than 61 differ- ent authorities . About 60 percent of the loans and discounts made by banking institutions are effected by affiliates of the Federal Reserve System under ...
The administration of credit policies is now carried on by no less than 61 differ- ent authorities . About 60 percent of the loans and discounts made by banking institutions are effected by affiliates of the Federal Reserve System under ...
Page 33
Commercial bankers , on the other hand , were more or less noncommittal in their replies , some of them indicating a desire to do such financing themselves and others expressing a wish for a separate organization to handle investment ...
Commercial bankers , on the other hand , were more or less noncommittal in their replies , some of them indicating a desire to do such financing themselves and others expressing a wish for a separate organization to handle investment ...
Page 34
Loans for 60 to 90 days or even up to 6 months will not help to finance the large volume of more or less permanent working capital necessary to start raw materials through a long productive process or to finance depleted current assets ...
Loans for 60 to 90 days or even up to 6 months will not help to finance the large volume of more or less permanent working capital necessary to start raw materials through a long productive process or to finance depleted current assets ...
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