Agricultural Appropriations for Fiscal Year 1967, Hearings Before ... 89-2, on H.R. 14596

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Page 987 - Certification of each generation or transmission loan in excess of $2 million shall be accompanied by the following information: 1. The name and address of the applicant borrower and the date of the application. 2. Description and estimated cost of the proposed generation facilities. Indicate if the proposed facilities are the initial or additional unit or units of a plant comprised of one or more units.
Page 1555 - ... needed because existing and proposed contracts to provide the facilities or service to be financed were found to be unreasonable, each supplier involved was so advised, REA attempted to have such contracts made reasonable and the existing or other proposed suppliers had failed or refused to do so within the time set by the Administrator.
Page 1035 - The 13th is designated by the Secretary of Agriculture. In making appointments to the Board, the President considers nominations made by...
Page 937 - It is declared to be the policy of the Congress that adequate telephone service be made generally available in rural areas through the improvement and expansion of existing telephone facilities and the construction and operation of such additional facilities as are required to assure the availability of adequate telephone service to the widest practical number of rural users of such service.
Page 1066 - Federal land bank, or other responsible cooperative or private credit source, at reasonable rates and terms for loans for similar purposes and periods of time...
Page 1034 - Production credit association loans outstanding at the end of fiscal 1963 totaled $2.1 billion compared with $1.9 billion a year earlier. Most of the credit extended by the Federal intermediate credit banks is in paper discounted for and in loans made to production credit associations. Credit also is extended to other financing institutions such as agricultural credit corporations, livestock loan companies, and commercial banks. Credit advanced to these other financing institutions amounted to $282...
Page 934 - I am asking each of them to immediately begin to introduce a very new and very revolutionary system of planning and programming and budgeting throughout the vast federal government, so that through the tools of modern management the full promise of a finer life can be brought to every American at the lowest possible cost.
Page 1056 - ... are unable to obtain sufficient credit elsewhere to finance their actual needs at reasonable rates and terms, taking into consideration prevailing private and cooperative rates and terms in the community in or near...
Page 1035 - The act reaffirms the concept of progressively greater borrower participation in the management, control, and ultimate ownership of the credit agencies supervised by Farm Credit Administration. Progress toward this objective since December 4, 1953, the effective date of the act, and other developments are...
Page 1391 - Administrator, in connection with any such loan, should : (1) Make a survey and determine wherein the existing contract for power or the proposed contract is unreasonable ; ,(2) Advise the supplier wherein such contract is unreasonable; and (3) Attempt to get such contract modified to make it reasonable. Loans should be made only when reasonable contracts cannot be obtained.

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