To Authorize Emergency Loan Guarantees to Major Business Enterprises: Hearings, Ninety-second Congress, First Session, on H.R. 8432 ... |
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24 banks additional aerospace industry agreement Air Force airlines airplane amount answer ASHLEY assets bankers bankruptcy BARRETT believe bill BLACKBURN Board cash CHAIRMAN Cheyenne collateral commercial committee Congress contractor corporation Defense Department Department of Defense Durham economic engine enterprise estimate Federal Government Federal Reserve gentleman has expired going Government guarantee guaranteed loan HAUGHTON hearings HECKLER interest involved issue JACOBSON KOCH legislation loan guarantee Lockheed Aircraft Lockheed Aircraft Corp Lockheed's loss McDonnell Douglas MCKINNEY MEDBERRY ment million MOORE MOORHEAD National Bank PACKARD percent problem production profit question REUSS risk Rolls Royce Rolls-Royce ROUSSELOT Secretary CONNALLY Senate settlement ST GERMAIN statement subcontractors SULLIVAN suppliers talking target cost taxpayers testimony Thank tion total package procurement Trans World Airlines Treasury trijet TriStar U.S. Government unemployment VICE PRESIDENT WIDNALL
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Page 327 - I am inviting a group of our leading bankers to meet with me, the Secretary of the Treasury and the Chairman of the Federal Reserve Board in the near future.
Page 394 - ... upon such terms and conditions and with such security and priority in payment over existing obligations as in the particular case may be equitable.
Page 360 - You would have that advisory credit council composed of the Secretary of the Treasury, the Chairman of the Federal Reserve Board...
Page viii - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page viii - Secretary determines to be reasonable, taking into account the range of interest rates prevailing in the private market for similar loans and the risks assumed by the United States.
Page 413 - DIDC consists of the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, the Chairman of the Board of...
Page 388 - The trustee upon his appointment and qualification — (1) shall, if the judge shall so direct, forthwith investigate the acts, conduct property, liabilities, and financial condition of the debtor, the operation of its business and the desirability of the continuance thereof, and any other matter relevant to the proceeding or to the formulation of a plan, and report thereon to the judge...
Page 392 - ... wages due to workmen, clerks, traveling or city salesmen, or servants which have been earned within three months before the date of the commencement of proceedings, not to exceed three hundred dollars to each claimant; and (5) debts owing to any person who by the laws of the States or the United States is entitled to priority.
Page viii - In the event of any default on any such guaranteed loan, and payment in accordance with the guaranty by the United States, the Attorney General shall take such action as may be appropriate to recover the amount of such payments, with interest, from the defaulting carrier, carriers, or other persons liable therefor.
Page 337 - Mr. Chairman and distinguished members of the committee, I am very grateful for the opportunity to appear before you again to report on the state of the US Navy.