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 18
He can present his application and tell them what the set - up is and they will tell him whether he comes within the scope of this law or not . They will detail an examiner to go over it with him , and while the examiner cannot promise ...
He can present his application and tell them what the set - up is and they will tell him whether he comes within the scope of this law or not . They will detail an examiner to go over it with him , and while the examiner cannot promise ...
Page 19
In order to present a complete picture , have you not got to show how much the R. F. C. had in commitments ? These disbursements are usually in installments , are they not ? Dr. BECKMAN . No , sir ; these are amounts actually given .
In order to present a complete picture , have you not got to show how much the R. F. C. had in commitments ? These disbursements are usually in installments , are they not ? Dr. BECKMAN . No , sir ; these are amounts actually given .
Page 27
... present time . Mr. RUSSELL . Why do you need a Government institution to do that ? Dr. BECKMAN . The Government has been in the banking business for many years , and at a time like this you will find private capital will not risk ...
... present time . Mr. RUSSELL . Why do you need a Government institution to do that ? Dr. BECKMAN . The Government has been in the banking business for many years , and at a time like this you will find private capital will not risk ...
Page 30
They should also be encouraged to grant loans on a " reasonable and sound basis " as provided for by law , including in this judgment not alone present ability to repay Îoans but character and credit standing as normally applied in the ...
They should also be encouraged to grant loans on a " reasonable and sound basis " as provided for by law , including in this judgment not alone present ability to repay Îoans but character and credit standing as normally applied in the ...
Page 31
... just basis the character and credit standing of applicants for loans , as differentiated from a consideration of present financial strength or current profitable operation . ( 5 ) Permitting the refinancing of present obligations .
... just basis the character and credit standing of applicants for loans , as differentiated from a consideration of present financial strength or current profitable operation . ( 5 ) Permitting the refinancing of present obligations .
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