10

BEFORE THE

HEARINGS

7
2. Congress, Senate.
COMMITTEE ON BANKING AND CURRENCY,

UNITED STATES SENATE

Printed for the use of the Committee on Banking and Currency

50-60744

UNITED STATES

GOVERNMENT PRINTING OFFICE

69197

WASHINGTON : 1950

COMMITTEE ON BANKING AND CURRENCY

BURNET R. MAYBANK, South Carolina, Chairman GLEN H. TAYLOR, Idaho

CHARLES W. TOBEY, New Hampshire J. W. FULBRIGHT, Arkansas

HOMER E. CAPEHART, Indiana A. WILLIS ROBERTSON, Virginia

RALPH E. FLANDERS, Vermont JOHN J. SPARKMAN, Alabama

JOHN W. BRICKER, Ohio
J. ALLEN FREAR, JR., Delaware

IRVING M. IVES, New York
PAUL H. DOUGLAS, Illinois
RUSSELL B. LONG, Louisiana

A. LEE PARSONS, Clerk

JOS. P. MCMURRAI, Staff Director
II

114

HBP 4

CONTENTS

Page

1
6

8

9

13

17

21

31

162

93

113

152

128

39

S. 529

S. 2943.

S. 2947

S. 2975.

Amendment.

S. 3386

S. 3625.

Statement of -

Boyd, James, Director, United States Bureau of Mines

Cosgriff Walter E., president Continental National Bank & Trust Co.,

Salt Lake City, Utah..

Gunderson, Harvey J., member, Board of Directors, RFC.

Kirby, Vance N., Treasury Department..

Lucas, Scott W., a United States Senator from the State of Illinois --

McCabe, Thomas B., chairman, Board of Governors, Federal Reserve

System.--

Sawyer, Charles, Secretary of Commerce-

Letters, statements, exhibits, etc., submitted for the record by-

Boyd, James, Director, United States Bureau of Mines: Comparison

of purchases of gasoline for Government use from large and small

distributors.

Gunderson, Harvey J., member, Board of Directors, RFC: Business

loan applications by size and State..

McCabe, Thomas B., Chairman, Board of Governors, Federal Reserve

System: Tables from a statistical study of Regulation V loans--

O'Mahoney, Joseph C., a United States Senator from the State of

Wyoming: Letter to Senator Maybank..

Sawyer, Charles, Secretary of Commerce:

Summary of differences between title I of S. 3625 and title I, FHA

Act..

Progress report of cooperative Government procurement informa-

tional program-

Snyder, John W., Secretary of the Treasury: Letter to Senator May-

bank...

89

94

130

151

55

65

114