Area Assistance Act of 1956: Hearings Before the Committee on Banking and Currency, House of Representatives, Eighty-fourth Congress, Second Session, on H. R. 8555 ...U.S. Government Printing Office, 1956 - 392 pages |
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Page 40
... million and a half for grants , for technical assistance . It enables us to make loans on the basis as outlined in the bill to those industries and areas that qualify . Mr. BROWN . They cannot get loans from any other agency now ? Mr ...
... million and a half for grants , for technical assistance . It enables us to make loans on the basis as outlined in the bill to those industries and areas that qualify . Mr. BROWN . They cannot get loans from any other agency now ? Mr ...
Page 43
... million and a half in the loan grants for States and local communities to find out what industries are suited there , and that sort of thing . Over and above that there would be an amount for the direct technical consultation for the ...
... million and a half in the loan grants for States and local communities to find out what industries are suited there , and that sort of thing . Over and above that there would be an amount for the direct technical consultation for the ...
Page 44
... million is not the statutory limit . That is the appropriation . The statutory limit is $ 250 million . They haven't even asked for it . Mr. MUELLER . They are coming in and asking for an additional $ 20 million right now . Mr. PATMAN ...
... million is not the statutory limit . That is the appropriation . The statutory limit is $ 250 million . They haven't even asked for it . Mr. MUELLER . They are coming in and asking for an additional $ 20 million right now . Mr. PATMAN ...
Page 45
... million . Around that directors ' table , I will tell you things I know . I have been up against them . Right around that directors ' table on that 50th floor up in New York or wherever the directors ' meeting is , when the booster club ...
... million . Around that directors ' table , I will tell you things I know . I have been up against them . Right around that directors ' table on that 50th floor up in New York or wherever the directors ' meeting is , when the booster club ...
Page 48
... million dollars . Twenty of them can get $ 5 million . All right , that is under the pooling arrangement under the SBA . You mentioned pooling arrangements here , but you already have a law to do that . You can do it now , so there is ...
... million dollars . Twenty of them can get $ 5 million . All right , that is under the pooling arrangement under the SBA . You mentioned pooling arrangements here , but you already have a law to do that . You can do it now , so there is ...
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Common terms and phrases
15 percent administration bill AFL-CIO agency anthracite Area Development areas of substantial authorized BARKIN BATT BETTS Big Muddy River BROWN CHAIRMAN chronic committee communities Congress Department of Commerce depressed areas distressed areas Douglas bill economic expanding facilities farm Federal assistance Federal Government FERNBACH fluorspar funds going Gray bill Hardin County HENLE Housing HUGHES industrial development KENNEDY Kentucky labor areas labor force labor market areas labor surplus areas LARSON legislation loans ment million MUELLER MULTER MUMMA O'HARA Ohio operation PATMAN persistent unemployment planning plant problem proposed question rehabilitation Scranton Secretary of Labor SHOEMAKER Small Business Small Business Administration southern Illinois statement STEINER substantial and persistent technical assistance textile industry thing tion unem unemployed urban renewal VANIK West Frankfort West Virginia Wilkes-Barre workers
Popular passages
Page 97 - ... of such sound value or so secured as reasonably to assure retirement or repayment...
Page 6 - Act; (7) in addition to any powers, functions, privileges, and immunities otherwise vested in him, take any and all actions, including the procurement of the services of attorneys by contract, determined by him to be necessary or desirable in making, servicing, compromising, modifying, liquidating, or otherwise dealing with or realizing on loans made under the provisions of this Act; but no attorneys...
Page 4 - Director shall pay into miscellaneous receipts of the Treasury, at the close of each fiscal year, interest on the...
Page 178 - ... to coordinate and utilize all its plans, functions, and resources, for the purpose of creating and maintaining, in a manner calculated to foster and promote free competitive enterprise and the general welfare, conditions under which there will be afforded useful employment opportunities including self-employment, for those able, willing and seeking to work...
Page 5 - Administrator or his property ; (2) under regulations prescribed by him, assign or sell at public or private sale, or otherwise dispose of for cash or credit, in his discretion and upon such terms and conditions and for such consideration as the Administrator shall determine to be reasonable...
Page 5 - ... and to collect or compromise all obligations assigned to or held by him and all legal or equitable rights accruing to him in connection with the payment of such loans until such time as such obligations may be referred to the Attorney General for suit or collection...
Page 6 - Whoever makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of obtaining...
Page 4 - ... (3) the amount of the loan plus the amount of other available funds for such project are adequate to insure the completion thereof ; (4) there is a reasonable expectation of repayment ; and (5) such area has an approved economic development program as provided in section 6(b)(10) and the project for which financial assistance is sought is consistent with such program.
Page 2 - That any disposition of such land to such public agency or corporation under this section shall be made at not less than its fair value for uses in accordance with the urban renewal plan...
Page 5 - Administrator shall determine to be reasonable, any evidence of debt, contract, claim, personal property, or security assigned to or held by him in connection with the payment of...