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 72
Yes , sir ; they have got to be passed on , and it is only somebody like the Reynolds Tobacco Co. - that they know by the time they look at it that it is worth a hundred cents on the dollar- that they will let have it . Mr. KOPPLEMANN .
Yes , sir ; they have got to be passed on , and it is only somebody like the Reynolds Tobacco Co. - that they know by the time they look at it that it is worth a hundred cents on the dollar- that they will let have it . Mr. KOPPLEMANN .
Page 73
It was passed primarily for the relief of the credi- tors of those institutions . That is probably true . But it was in- tended to conserve the assets of those institutions and to prevent as far as possible distress due to losses on ...
It was passed primarily for the relief of the credi- tors of those institutions . That is probably true . But it was in- tended to conserve the assets of those institutions and to prevent as far as possible distress due to losses on ...
Page 74
Do you have an idea that if this legislation is passed it would enable you to secure the accommodation that you need ? Mr. DEATON . Yes ; I think so . I don't see why . Mr. FARLEY . Let me ask a question right there , please .
Do you have an idea that if this legislation is passed it would enable you to secure the accommodation that you need ? Mr. DEATON . Yes ; I think so . I don't see why . Mr. FARLEY . Let me ask a question right there , please .
Page 75
I do not know whether you would have or not if we passed this law , because you would have something further from home than ever then . Mr. DEATON . I thank you . Mr. FARLEY . Mr. Chairman , just in line with what you suggested a moment ...
I do not know whether you would have or not if we passed this law , because you would have something further from home than ever then . Mr. DEATON . I thank you . Mr. FARLEY . Mr. Chairman , just in line with what you suggested a moment ...
Page 76
Mr. MULLINS . I think they have . You mean under the Recon- struction Finance Corporation mortgage department ? Mr. HANCOCK . Under the act which we passed this year . Mr. MULLINS . Yes . Mr. HANCOCK .
Mr. MULLINS . I think they have . You mean under the Recon- struction Finance Corporation mortgage department ? Mr. HANCOCK . Under the act which we passed this year . Mr. MULLINS . Yes . Mr. HANCOCK .
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