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 12
The seriousness of the entire matter has been recognized by the administration and other agencies , with the result that several in- vestigations have been made in an attempt to ascertain the true facts and discover possible remedies .
The seriousness of the entire matter has been recognized by the administration and other agencies , with the result that several in- vestigations have been made in an attempt to ascertain the true facts and discover possible remedies .
Page 13
Even if questions are asked , I shall refrain as much as possible from criticizing any governmental agency . Mr. GIFFORD . That is natural , if you are in the pay of the Govern- ment . Dr. BECKMAN . I believe in telling the truth ...
Even if questions are asked , I shall refrain as much as possible from criticizing any governmental agency . Mr. GIFFORD . That is natural , if you are in the pay of the Govern- ment . Dr. BECKMAN . I believe in telling the truth ...
Page 20
I do not think it was material whether it was actually paid out of one fund or the other , because it was our original purpose to take out $ 300,000,000 in as short a time as possible to give an impetus to credit , to aid recovery .
I do not think it was material whether it was actually paid out of one fund or the other , because it was our original purpose to take out $ 300,000,000 in as short a time as possible to give an impetus to credit , to aid recovery .
Page 21
It is my intention to show that with a much smaller amount it would be possible to set up an organization like the one proposed in the bill , putting the money into productive sources instead of giving relief or doles . Mr. GIFFORD .
It is my intention to show that with a much smaller amount it would be possible to set up an organization like the one proposed in the bill , putting the money into productive sources instead of giving relief or doles . Mr. GIFFORD .
Page 25
... as they are against the administration of the law , and many of them state that as long as the administrators are imbued with the spirit of the big banker , no help to the small business man is possible . Mr. RUSSELL .
... as they are against the administration of the law , and many of them state that as long as the administrators are imbued with the spirit of the big banker , no help to the small business man is possible . Mr. RUSSELL .
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