Disaster Loans in the Cotton Belt: Hearing Before the Subcommittee on Cotton of ..., 90-2, February 20, 19681968 - 78 halaman |
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ABERNETHY acreage acres allotment amount applications appreciate Arkansas average bank believe BERTSCH business loan program certainly Chairman committee Congress Congressman cooperative Cotton Belt cotton counties cotton farmers cotton gin Cotton Producers creditors crop debt Department of Agriculture depreciation disaster counties disaster loans diversion economic injury loan equipment EVERETT Farmers Home Administration FHA loans financial assistance financing FLEMING freeze Frost funds GATHINGS gentlemen GETTYS gin loans going HENDRICKS income indebtedness industry interest lending look loss MCKINNON MCMILLAN ment Mississippi Mississippi County Missouri morning Moss natural disasters NICHOLS north Alabama office received oil mill operate Panola County payment percent period plant PRICE problem question record reduction refinancing repayment Sayre Segars signup situation Small Business Administration South Carolina Southern Cotton statement subcommittee talking Tennessee Texas Thank tion Tipton weather West Memphis witnesses YOUNG
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Halaman 59 - Act, as amended, is amended — (1) by striking out the period at the end of "paragraph (5)" and inserting in lieu thereof " ; and" ; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist any small business concern...
Halaman 58 - General of his approval of the voluntary agreement or program on which the request or finding is based, the provisions of this section shall not apply to any subsequent act or omission to act by reason of such finding or request.
Halaman 58 - SEC. 7. (a) The Administration is empowered to make loans to enable small business concerns to finance plant construction, conversion, or expansion, including the acquisition of land; or to finance the acquisition of equipment, facilities, machinery, supplies, or materials; or to supply such concerns with working capital to be used in the manufacture of articles, equipment, supplies, or materials for war, defense, or civilian production or as may be necessary to insure a wellbalanced national economy...
Halaman 3 - My name is J. Banks Young. I am Washington representative of the National Cotton Council of America which has its headquarters in Memphis, Tenn.
Halaman 15 - Hon. Herman E. Talmadge, chairman, Subcommittee on Agricultural Credit and Rural Electrification, US Senate, and published as a result of recent hearings, Mr.
Halaman 58 - The foregoing powers shall be subject, however, to the following restrictions and limitations: (1) No financial assistance shall be extended pursuant to this subsection unless the financial assistance applied for is not otherwise available on reasonable terms.
Halaman 58 - Corporation is empowered (1) to make loans or advances, on such terms and conditions and with such maturities as it may determine, to enable small business concerns to finance plant construction, conversion, or expansion, or to finance the acquisition of equipment, facilities, machinery, supplies, or .materials, or to supply such concerns with capital, to be used in the manufacture of articles, equipment, supplies, or materials for war...
Halaman 77 - A REPRESENTATIVE IN CONGRESS FROM THE STATE OF GEORGIA Mr. Chairman and Gentlemen of the Committee, I appreciate being given the opportunity to appear before you today and testify on the problem of disaster loans in the cotton belt.
Halaman 58 - No immediate participation may be purchased unless it is shown that a deferred participation is not available; and no loan may be made unless it is shown that a participation is not available.
Halaman 35 - Doctor, and if you care to make a statement at this time we will be glad to hear you.