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 |
From inside the book
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Page 18
I am not undertaking to say what those things mean . There is no question but what the R. F. C. is not going to tell them to employ an attorney , but they give you all those documents which you have to fill out , and that is the only ...
I am not undertaking to say what those things mean . There is no question but what the R. F. C. is not going to tell them to employ an attorney , but they give you all those documents which you have to fill out , and that is the only ...
Page 19
The first thing was that they used the fact that few applications were actually made as an indication that the people did not qualify and were afraid to make applications because so many were turned down .
The first thing was that they used the fact that few applications were actually made as an indication that the people did not qualify and were afraid to make applications because so many were turned down .
Page 20
... that the R. F. C. should require , and I think the law binds them to require , that any- thing in the nature of a lien upon the property which is security for this loan should be suborindated to the obligation of the Govern- ment .
... that the R. F. C. should require , and I think the law binds them to require , that any- thing in the nature of a lien upon the property which is security for this loan should be suborindated to the obligation of the Govern- ment .
Page 21
What is the use of setting up another one with the same credit conditions ? Dr. BECKMAN . That is right . That is one of the things I was going to contend for , that this organization would be operated in a different manner .
What is the use of setting up another one with the same credit conditions ? Dr. BECKMAN . That is right . That is one of the things I was going to contend for , that this organization would be operated in a different manner .
Page 22
I had this particular case in mind when you said that one of the things that was holding us up was the ... But because of this last thing that came up they were very much disappointed , because they were asked per- sonally to guarantee ...
I had this particular case in mind when you said that one of the things that was holding us up was the ... But because of this last thing that came up they were very much disappointed , because they were asked per- sonally to guarantee ...
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able agency amount application appraisal association authority bank bankers BECKMAN believe bill Board bonds borrow building BULLOCK capital carry CAVICCHIA CHAIRMAN City closed committee concerns Congress Corporation course Credit Corporation DEATON establish experience fact Federal Reserve fellow Finance FORD GIFFORD give Government House industry institution interest intermediate credit JONES KENNEDY kind KOPPLEMANN lend less loans manufacturers MARTIN MARX matter mean Members merchants months mortgage necessary notes obligations operate organization paid passed percent plant possible practically present President probably question real estate reason received referred REILLY savings SISSON situation small business statement tell thing tion trying United Washington York