Word: mortgagees
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Dates: during 1930-1939
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¶Debated the farm relief and mortgage refinancing bill.
Board of Traders asked each other: "Why else did Curtis Bean Dall buy a seat on the Board of Trade a week ago? He must expect it." Mr. Ball's father-in-law in the White House (where Mr. Dall visited over the weekend) took pains to foster the...
"I seek an end to the threatened loss of homes and productive capacity now faced by hundreds of thousands of American farm families," President Roosevelt told Congress last week when he sent to the Capitol for speedy enactment his bill for refinancing agricultural mortgages. His land-leasing -domestic - allotment-cotton...
President Roosevelt was aiming at "a more equitable adjustment of the principal of the [farm] debt and a reduction of interest rates which in many instances are so unconscionably high as to be contrary to a sound public policy . . . to restore to [farmers] the hope of ultimate free ownership of...
*Farm mortgage interest averages from 8% up.