Increased Export-Import Bank Lending Authority: Hearing Before the Committee on Banking and Currency, United States Senate, Eighty-fifth Congress, Second Session, on S. 3149, a Bill to Increase the Lending Authority of the Export-Import Bank of Washington, and for Other Purposes. February 3, 1958United States. Congress. House. Committee on Banking and Currency, United States. Congress. Senate. Committee on Banking and Currency U.S. Government Printing Office, 1958 - 50 стор. |
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$2 billion Africa agency amended amount Area and country AREY Asia Bank of Washington barratry Board of Directors borrowing authority Cancellations capital stock certificate Chairman charge Colombia Columbia corporation Congress cotton Credits authorized debt limit development loan fund Disbursements disk plow dividends earnings economic expenses Export-Import Bank extension of financial financial assistance financing fiscal foreign trade Government Import Bank income increase the lending Indonesia interest rate J. W. FULBRIGHT Japan July June 30 Latin America lending authority Liberty Bond Loans authorized ment number of loans obligations operations outstanding loans payments percent person policies Portuguese West Africa principal private banks private capital Public Law 480 public-debt transaction purchase Reconstruction Finance Corporation repayments request reserves risk Senator BENNETT Senator CAPEHART Senator FREAR Senator MONRONEY Senator PROXMIRE Senator ROBERTSON statement Thailand tions Total Uncommitted lending authority United States exporter VANCE BRAND Vice President WAUGH
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Сторінка 48 - The Secretary of the Treasury, in his discretion, is authorized to purchase any obligations of the Corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter 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 the Corporation's obligations hereunder.
Сторінка 48 - 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 that Act, as amended, are extended to include any purchases of such notes and obligations.
Сторінка 47 - There shall be an Advisory Committee of nine members, appointed by the Board of Directors on the recommendation of the President of the Bank, who shall be broadly representative of production, commerce, finance, agriculture and labor.
Сторінка 48 - Treasury is authorized to use as a public-debt transaction not to exceed $4,125,000,000 of the proceeds of any securities hereafter issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under that Act are extended to include such purpose. Payment under this subsection of the subscription of the United States to the Fund or the Bank and repayments thereof shall be treated as public-debt transactions of the United States.
Сторінка 48 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the Bank.
Сторінка 6 - ... to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof." The act also provides that it is the policy of the Congress that the bank should supplement and encourage and not compete with private capital...
Сторінка 46 - Federal; (2) to adopt, alter, and use a corporate seal, which...
Сторінка 46 - ... acceptances, cable transfers, and other evidences of indebtedness; to purchase, sell, and guarantee securities but not to purchase with its funds any stock in any other corporation except that it may acquire any such stock through the enforcement of any lien or pledge or otherwise to satisfy a previously contracted indebtedness to it; to accept bills and drafts drawn upon it; to issue letters of credit; to purchase and Sell coin, bullion, and exchange; to borrow and to lend money; to perform...
Сторінка 46 - ... guarantee notes, drafts, checks bills of exchange, acceptances, including bankers' acceptances, cable transfers, and other evidences of indebtedness; to purchase, sell, and...
Сторінка 47 - Chairman, and three additional persons appointed by the President of the United States by and with the advice and consent of the Senate. Of the five members of the Board, not more than three shall be members of any one political party.