Word: borrowings
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Dates: during 1930-1939
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...Adopted a conference report on a House bill to reduce the interest rate on Bonus loans from 4½% to 3½% and to permit veterans to borrow half the face value of their certificates without waiting the prescribed two years after issuance; sent it to the President...
...Masses v. Classes campaign issue. The needy had what the White House would have denounced last year as a $300,000,000 Federal "dole." Reconstruction Finance Corp. had an increase of $1,800,000,000 in its capital. Private industry and individuals had an oblique chance to borrow from the Government. Taxpayers had a peephole through which to identify R. F. C. borrowers. And the country at large had a four-month rest from Congress...
...Virginia's Glass got an amendment tacked on the bjll providing that "the Federal Reserve Board, by a vote of not less than five members, may authorize any Federal Reserve Bank to discount any individual or corporation paper eligible for discount after it has been determined that the borrower has been unable to obtain credit accommodation." This amendment meant that individuals and private industries could borrow directly from the Federal Reserve if member banks into which Reserve credit had been pumped refused to make loans. But so hedged about with restrictions was this authority for Reserve lending that Speaker...
...Blum works in the Manhattan Department of Plant & Structures. His friend Abraham Rosenberg works for Manhattan Terazzo Brass Co. They go sailing at the Bronxonia Yacht Club, at Throg's Neck, N. Y. Last winter Nat Blum and Abraham Rosenberg wondered why they should not borrow their friend David Rosenstein's 49-foot ketch, the Curlew, and enter the annual race of the Cruising Club of America and the Royal Bermuda Yacht Club, from Montauk Point, L. I., to Hamilton. Cruising Club officials, examining the. boats for seaworthiness, paid special attention to the Curlew but finally decided...
...State,person"-corporationormean- (which are indirect ob-individual, ligations of the U.S.) This is fund would be lent to States , counties , cities or public corporations to finance such self-liquidating projects as toll bridges, tunnels , via ducts, waterworks , docks and canals . Only two forms of private industry could borrow from this fund: limited- profit housing corporations fors lumeradication: construction concerns engaged to execute public works programs. Set aside also was $40,000,000 for the R.F.C. to help the Farm Board finance the export of its surplus. A $300,000,000 R. $100,000,000 worth F.C. fund...