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 27
His plant is absolutely unencumbered . He carries it at the lowest possible appraisal figure on a depression basis . But he can not borrow $ 100,000 on a plant which is as INTERMEDIATE CREDIT CORPORATION 27.
His plant is absolutely unencumbered . He carries it at the lowest possible appraisal figure on a depression basis . But he can not borrow $ 100,000 on a plant which is as INTERMEDIATE CREDIT CORPORATION 27.
Page 28
not borrow $ 100,000 on a plant which is as modern as any shoe plant in existence . There are absolutely no encumbrances on the plant or on the land . He borrows from the bank because he is a good risk and pays a high rate of interest ...
not borrow $ 100,000 on a plant which is as modern as any shoe plant in existence . There are absolutely no encumbrances on the plant or on the land . He borrows from the bank because he is a good risk and pays a high rate of interest ...
Page 41
The Keep - Klean Cover Co. of St. Louis , manufacturers of seat covers and automobile - tire covers , wanted to branch out in the reflector advertising business , but their present plant was too small . They contacted me to locate them ...
The Keep - Klean Cover Co. of St. Louis , manufacturers of seat covers and automobile - tire covers , wanted to branch out in the reflector advertising business , but their present plant was too small . They contacted me to locate them ...
Page 43
I interested them in a large plant close in to the downtown district of St. Louis which can easily be remodeled . It covers a half city block and consists of a 2 - story modern factory building and three huge warehouse buildings ...
I interested them in a large plant close in to the downtown district of St. Louis which can easily be remodeled . It covers a half city block and consists of a 2 - story modern factory building and three huge warehouse buildings ...
Page 53
If we would take , let us say , one- third of the original , or one - fourth of the plant and ... that those people would employ more labor in the long run than would the plants that we are trying to develop at the present time ?
If we would take , let us say , one- third of the original , or one - fourth of the plant and ... that those people would employ more labor in the long run than would the plants that we are trying to develop at the present time ?
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