Inquiry Into the Operation of the Reconstruction Finance Corporation and Its Subsidiaries Under Senate Resolution 132, Hearings Before a Special Subcommittee of ..., 80:1- .... |
Common terms and phrases
activities Administration agreement amount answer applications approved assets assistant manager authority banker believe Board of Directors BODMAN borrower business enterprises business loans capital Chairman Chicago Vitreous collateral commercial banks Congress cost deferred participation disbursed dollars Douglass Buck ECCLES EXHIBIT Federal Reserve Act Federal Reserve banks Federal Reserve System funds GOODLOE Government guarantee HERZ HOGENSON interest investment June 30 lending liabilities limited liquidation Loan Agency loans to business loss Lustron Corp ment Mortgage MUNGALL National Bank national defense operations outstanding participation loans percent plant prefabricated houses preferred stock production purchase purpose question reason Reconstruction Finance Corporation RFC Act RFC loans RFC participation RFC's secondary market Secretary SNYDER secured Senator BRICKER Senator BUCK Senator CAPEHART Senator FULBRIGHT Senator MAYBANK small business statement STEVENS STRANDLUND surplus tion Treasury type of loan veterans vice president Vitreous Enamel War Assets Administration
Popular passages
Page 150 - Whoever makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of obtaining for himself or for any applicant any loan or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release, or substitution, of security therefor...
Page 147 - For the purposes of this resolution the committee, or any duly authorized subcommittee thereof, is authorized to hold such hearings, to sit and act at such times and places during the sessions, recesses, and adjourned periods of the...
Page 147 - The expenses of the committee under this resolution, which shall not exceed $ , shall be paid from the contingent fund of the Senate upon vouchers approved by the chairman of the committee.
Page 149 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the Bank.
Page 149 - The corporation, Including Its franchise, Its capital, reserves and surplus, and its income, shall be exempt from all taxation now or hereafter Imposed by the United States, by any territory, dependency, or possession thereof, or by any state, county, municipality, or local taxing authority...
Page 148 - Federal ; to select, employ, and fix the compensation of such officers, employees, attorneys, and agents as shall be necessary for the transaction of the business of the corporation, without regard to the provisions of other laws applicable to the employment and compensation of officers or employees of the United States...
Page 229 - Any loan made under this section shall be of such sound value, or so secured, as reasonably to assure repayment.
Page 543 - No Member of or Delegate to Congress or Resident Commissioner shall be admitted to any share or part of this lease or to any benefit to arise therefrom.
Page 150 - Corporation, or (4) passes, utters, or publishes, or attempts to pass, utter, or publish, as true, any falsely altered or spurious...
Page 247 - ... unless such Act shall in specific terms declare an appropriation to be made or that a contract may be executed.