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	Reconstruction Finance Act - Wikipedia, the free encyclopedia
		Reconstruction Finance Corporation (RFC), former U.S. government agency, created in 1932 by the administration of Herbert Hoover.
		It financed the construction and operation of war plants, made loans to foreign governments, provided protection against war and disaster damages, and engaged in numerous other activities.
		In 1939 the RFC merged with other agencies to form the Federal Loan Agency, and Jesse Jones, who had long headed the RFC, was appointed federal loan administrator.
	en.wikipedia.org /wiki/Reconstruction_Finance_Act (255 words)

	EH.Net Encyclopedia: Reconstruction Finance Corporation
		The Reconstruction Finance Corporation (RFC) was established during the Hoover administration with the primary objective of providing liquidity to, and restoring confidence in the banking system.
		RFC lending ended in 1953, and the corporation ceased operations in 1957, when all remaining assets were transferred to other government agencies.
		RFC lending did not count toward budgetary expenditures, so the expansion of the role and influence of the government through the RFC was not reflected in the federal budget.
	eh.net /encyclopedia/article/butkiewicz.finance.corp.reconstruction (5316 words)

	Reconstruction Finance Corporation - Wikipedia, the free encyclopedia
		The Reconstruction Finance Corporation (RFC) was an independent agency of the U.S. government, chartered during the administration of Herbert Hoover in 1932.
		The RFC was bogged down in bureaucracy and failed to disburse many of its funds.
		The failure of the RFC helped to lead to the election of Franklin Delano Roosevelt.
	en.wikipedia.org /wiki/Reconstruction_Finance_Corporation (155 words)

	[No title]
		Powers of the Corporation relating to loans and advances were terminated at close of business on sixtieth day after July 30, 1953, through amendment of former section 604(f) of this title by act July 30, 1953, ch.
		Consequential liquidation of assets, winding up of affairs, and dissolution of the Corporation and cancellation and retirement of its capital stock were required under former section 608 of this title.
		ABOLITION OF THE CORPORATION (a) The Corporation is hereby abolished.
	uscode.house.gov /download/pls/15C14.txt (3482 words)

	Reconstruction Finance Corporation on Encyclopedia.com (Site not responding. Last check: 2007-10-08)
		Somanetics Corporation to Release First Quarter Financial Results and Host Conference Call March 15.
		Recommended Cash Offer by KPMG Corporate Finance on behalf of the Offeror, a wholly owned indirect subsidiary of Anixter International Inc. and (in the United States) by the Offeror for Infast Group plc.
		Somanetics Corporation to Release Second Quarter Financial Results and Host Conference Call June 14.
	www.encyclopedia.com /html/r/reconf1in.asp (523 words)

	Reconstruction Finance Corporation
		The Reconstruction Finance Corporation, the gold standard, and the banking panic of 1933.
		The environmental impacts of international finance corporation lending and proposals for reform: a case study of conservation and oil development in the Guatemalan Peten.
		Clearing the way for economic reconstruction: Sugishita Tsuneo continues his story on Cambodia's economic rehabilitation with highlights from an interview with Kubota Isao, now vice president of the Urban Development Corporation, who co-chaired the first Cambodia Support Group meetings 10 years ago.
	www.infoplease.com /ce6/history/A0841310.html (441 words)

	Thomas James Norton: Undermining the Constitution: Chapter VII
		In the report of the Corporation for 1948, the 17th year of operation, it is shown that $85,000,000 was held to meet "estimated losses in collection." If that estimate was calculated on the record of previous years, then its losses of the money of the taxpayers have been colossal.
		And in the next month a corporation to which RFC had loaned $37,500,000 defaulted, was put in receivership by a Federal court in Columbus, Ohio, and at the receiver's sale the RFC made a bid of $6,000,000 more of the money of the taxpayers to get control of the assets of the borrower.
		Following the Reconstruction Finance Corporation came the Tennessee Valley Authority, the first step in "the electrification of America," a string of loan banks and credit corporations, and many other corporations having not the remotest relation to the constitutional functioning of the Government of the United States.
	www.constitution.org /norton/norton_07.htm (1315 words)

	The Depression Papers of Herbert Hoover
		Hoover proposes that the Reconstruction Finance Corporation be authorized to lend money for state public works.
		Hoover reports on the results of the Reconstruction Finance Corporation's operations, and proposes extensions of its authority.
		Hoover refuses a request from the governor of Pennsylvania to intervene in the Reconstruction Finance Corporation on his behalf.
	www.geocities.com /mb_williams/hooverpapers/recovery.html (245 words)

	[No title]
		RFC loans; possible use of RFC loan to explore for uranium in South America; possible use of RFC loan for Tulsa-Oklahoma City toll road; information on aircraft assembly plant in Tulsa.
		RFC loans; RFC loans to Lustron Corporation; possible use of RFC loan for Tulsa-Oklahoma City toll road; RFC loan for storage of rubber in McAlester.
		RFC loans; analysis of RFC by Fiduciary Counsel; RFC annual report and financial statements for fiscal year 1950; Reorganization Plans 22, 23, and 24 (moving Federal National Mortgage Association to Federal Housing Administration and RFC to Department of Commerce); report of RFC concerning loan to Texmass Petroleum Company.
	www.ou.edu /special/albertctr/archives/KerrInventory/KerrDept23.htm (920 words)

	Reconstruction Finance Corporation -- Encyclopædia Britannica
		With the passage of the Emergency Relief Act in July 1932, its scope was broadened to include aid to agriculture and financing for state and local public works.
		U.S. banker, businessman, and public official, chairman of the Reconstruction Finance Corporation (RFC) from 1933 to 1939.
		Its purpose is to finance projects that promote economic development in member nations.
	www.britannica.com /eb/article?tocId=9062909&query=finance&ct= (742 words)

	[No title] (Site not responding. Last check: 2007-10-08)
		As was said before, in making these large loans the Corporation has been enabled to be of assistance to more people in a single action than in the case of many lesser loans to smaller institutions.
		In the five-week period which ended July 30, the Corporation was asked to lend a total of $346,511,000 to banks and other financial institutions, not including railroads.
		In the five-week period which ended September 3, the Corporation was asked to lend far less than half that sum, or a total of $148,515,000.
	www.ecommcode.com /hoover/hooveronline/text/191.html (472 words)

	WORKING PAPER 9405 (Site not responding. Last check: 2007-10-08)
		Although central planning measures of the corporate state variety had manifested themselves vigorously but briefly in policymaking circles during and immediately after World War I, the Harding, Coolidge, and early Hoover years were supposed to be a return to prewar "normalcy," as the slogan associated with Harding's campaign had it.
		The [RFC] bill was then modified to include the governor of the Federal Reserve Board as an ex-officio member [and chairman] of the RFC board of directors.
		In no event does the council believe it proper to require member banks to furnish the funds needed for such a corporation without at the same time giving the member banks control of such a corporation for which they are to furnish the capital from out of their own resources.
	www.wealth4freedom.com /truth/2/9405.htm (14666 words)

	NARA - Guide to Federal Records - Records of the Reconstruction Finance Corporation [RFC]
		Records of RFC Contract Settlement Committee, consisting of minutes of the RFC Supervisory Committee for Settlement of Terminated War Contracts, 1944; and minutes of the RFC Contract Settlement Committee, 1944-45.
		History: Established as a Delaware corporation, September 30, 1938, to acquire land in Washington, DC, and erect a building to be used for RFC central offices.
		Records relating to liquidation of defense plants by the RFC Office of Defense Plants, 1942-56; liquidation of rubber-producing plants by the RFC Office of Rubber Reserve and Federal Facilities Corporation, 1942-60; and disposal of government rubber plants by the Rubber Producing Facilities Disposal Commission, 1953-61.
	www.archives.gov /research/guide-fed-records/groups/234.html (3933 words)

	[No title]
		The Secretary of the Treasury shall cancel notes of the Reconstruction Finance Corporation, and sums due and unpaid upon or in connection with such notes at the time of such cancellation, in an amount equal to the unpaid principal of the loans so transferred, plus accrued unpaid interest through June 30, 1947.
		The borrower shall certify in writing whether the financing will be tax exempt and shall comply with such other terms and conditions as the Administrator may establish which are reasonable and necessary to implement this provision.
		Notwithstanding any other provision of law, borrowers may prepay Federal Financing Bank loans under this section, except that such borrowers shall be required to prepay all of their outstanding loans made or guaranteed under this Act within one year of prepayment of the first loan.
	www.usda.gov /rus/regs/info/100-1.txt (9499 words)

	US CODE--TITLE 5--APPENDIX
		There is hereby established the office of Administrator of the Reconstruction Finance Corporation, hereinafter referred to as the Administrator.
		The Administrator shall be appointed by the President by and with the advice and consent of the Senate and shall receive compensation at the rate of $17,500 per annum.
		The Board of Directors of the Reconstruction Finance Corporation, including the offices of the members of such Board, is hereby abolished, and the Administrator shall provide for winding up any outstanding affairs of the said Board not otherwise provided for in this reorganization plan.
	www.access.gpo.gov /uscode/title5a/5a_4_47_1_.html (425 words)

	[No title]
		The plan further promotes the grouping of Government programs according to their major purposes by transferring from the Reconstruction Finance Corporation to the Housing and Home Finance Agency the lending functions of the Government with respect to the production and distribution of prefabricated houses and components.
		Moreover, the functions to be transferred from the Reconstruction Finance Corporation are complementary to other activities of the Housing and Home Finance Agency in the field of manufactured housing.
		The Housing and Home Finance Agency, in cooperation with the National Security Resources Board, should be in a position to encourage peacetime uses of prefabricated housing readily adaptable to potential emergency requirements of the future.
	www.etext.org /Politics/Conspiracy/AJTeel/USC/23usc.txt (8271 words)

	51-33-63. Procedure to release lands from Reconstruction Finance Corporation. (Site not responding. Last check: 2007-10-08)
		Procedure to release lands from Reconstruction Finance Corporation.
		The written consent of the Reconstruction Finance Corporation shall also be spread upon the minutes of such drainage district.
		Nothing herein shall have the effect of releasing any land situated in a drainage district from its liability for annual maintenance taxes as now or which may hereafter be levied.
	www.mscode.com /free/statutes/51/033/0063.htm (65 words)

	The Reader's Companion to American History: Reconstruction Finance Corporation@ HighBeam Research (Site not responding. Last check: 2007-10-08)
		The Reconstruction Finance Corporation (RFC) was established by President Herbert Hoover on February 2, 1932, to make emergency loans to banks and railroads in danger of defaulting as the Great Depression deepened.
		The RFC dispensed $1.5 billion in its first year and was credited with contributing to the reduction in bank failures during the first half of 1932.
		Although five thousand financial institutions, railroads, and life insurance companies received loans, however, it became clear when the first accounting was published in July 1932 that...
	www.highbeam.com /library/doc0.asp?DOCID=1P1:28407236&refid=ip_encyclopedia_hf (179 words)

	The Avalon Project : U.S Congressionsal Joint Resolution, March 24, 1949 - for the Authorization of a Special ... (Site not responding. Last check: 2007-10-08)
		Notwithstanding the provision of any other law, the Reconstruction Finance Corporation is authorized and directed, until such time as an appropriation shall be made pursuant to section 1, to make advances to the President, not to exceed in the aggregate $8,000,000, to carry out the provisions of this joint resolution.
		From appropriations authorized under section 1, there shall be repaid to the Reconstruction Finance Corporation, without interest, the advances made by it under authority contained herein.
		No interest shall be charged on advances made by the Treasury to the Reconstruction Finance Corporation in implementation of this section.
	www.yale.edu /lawweb/avalon/decade/decad173.htm (228 words)

	[No title]
		Corporation was vested in a board of directors consisting of the
		the temporary financing of railroads and railways engaged in interstate
		Reconstruction Finance Corporation is further authorized and empowered
	www.ecommcode.com /hoover/hooveronline/text/196.html (1609 words)

	Reconstruction Finance Corporation
		The RFC was empowered to borrow up to $2 billion to assure the survival of large banks, railroads, farm mortgage associations, savings and loan associations and life insurance companies.
		Charles G. Dawes, a former vice president and ambassador to the Court of St. James, was named the first president of the RFC.
		Further, much of the potential good done by the RFC was erased by tax and tariff policies that seemed to work against economic recovery.
	www.u-s-history.com /pages/h1523.html (417 words)

	Fannie Mae - Market Size, Market Share and Demand Forecast (Site not responding. Last check: 2007-10-08)
		Fannie Mae is a private corporation chartered by the U.S. government for the purpose of assuring a liquidity of funds for private home mortgages.
		Fannie Mae's predecessor, the National Mortgage Corporation, was a subsidiary of the Reconstruction Finance Corporation.
		In 1968 the National Mortgage Corporation changed its name to the Federal National Mortgage Corporation, and in 1982 changed its name again, this time to Fannie Mae.
	gale.ecnext.com /coms2/summary_0232-20912_ITM (212 words)

	Reader's Companion to American History - -RECONSTRUCTION FINANCE CORPORATION (Site not responding. Last check: 2007-10-08)
		As the financial situation worsened again in the second half of 1932, Hoover's congressional opponents argued for direct federal grants to states, municipalities, or individuals, but Hoover opposed all such programs, convinced that bolstering the nation's businesses was the only appropriate and effective role for the federal government.
		The Emergency Relief Act of July 21, 1932, did authorize the rfc to lend nearly $300 million to states that had exhausted their own relief funds, but less than $30 million had been given out by the end of 1933.
		Under President Franklin D. Roosevelt's New Deal, the rfc's role was widened to include (under the Emergency Banking Act of March 1933) the purchase of banks' stock in order to provide them with liquid capital.
	college.hmco.com /history/readerscomp/rcah/html/ah_074200_reconstruct2.htm (386 words)

	Reconstruction Finance Corporation (Site not responding. Last check: 2007-10-08)
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	www.1-loans.net /finance/reconstruction_finance_corporation.html (202 words)

	US CODE--TITLE 5--APPENDIX (Site not responding. Last check: 2007-10-08)
		(1) The loan made by the Corporation to the Republic of the Philippines under section 3 of the Joint Resolution of August 7, 1946, ch.
		(2) The loans made by the Corporation to the Government of Ecuador and the Newfoundland Railway of St. Johns, Newfoundland.
		There are hereby transferred to each transferee agency so much of the functions of the Corporation, and so much of the functions of the Secretary of the Treasury under section 10 of the Reconstruction Finance Corporation Act, as amended [15 U.S.C. 609], and under the Reconstruction Finance Corporation Liquidation Act [act July 30, 1953, ch.
	www.access.gpo.gov /uscode/title5a/5a_4_60_1_.html (401 words)

	Undermining the Constitution - A History of Lawless Government, by Thomas James Norton - Chapter VII
		The Associated Press reported on November 9, 1949, that Senator Fulbright of Arkansas, chairman of a subcommittee of the Senate on Banking, investigating policies of the Reconstruction Finance Corporation, said in a conference with the applicant for a loan of $44,000,000 that such a transaction would not be "in accord with RFC ob-
		The 80th Congress, after lopping off some of the activities of the Reconstruction Finance Corporation, continued it "to aid in financing agriculture, commerce, and industry" -- which are not of any constitutional concern of the National Government.
		struction Finance Corporation has not been engaged in helping to carry "into execution the foregoing powers" of the Government, as the bank was held to be doing in the case decided by Marshall.
	www.barefootsworld.net /nortonuc07.html (1518 words)

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