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Government insured loans a 'desirable first step' says Jerome Frank of S.E.C. Washington, D.C., June 2. SEC Chairman Jerome Frank making his initial appearance before a Senate Committee since his advancement to the Chairmanship, today appeared as witness before the Senate Banking and Currency Committee to endorse government insured loans as a 'desirable first step toward enabling local banking institutions to fill a gap in the financing of small business.' The bill was proposed by Sen. James E. Mead, and proposes that the RFC insure up to 90 percent of the loans made by private banking institutions

Government insured loans a 'desirable first step' says Jerome Frank of...

A black and white photo of a man sitting at a table, Library of Congress Harris and Ewing collection Title from unverified caption data received with the Harris & Ewing Collection. Gift; Harris & Ewing, Inc. 1... More

Government insured loans a 'desirable first step' says Jerome Frank of S.E.C. Washington, D.C., June 2. SEC Chairman Jerome Frank making his initial appearance before a Senate Committee since his advancement to the Chairmanship, today appeared as witness before the Senate Banking and Currency Committee to endorse government insured loans as a 'desirable first step toward enabling local banking institutions to fill a gap in the financing of small business.' The bill was proposed by Sen. James E. Mead, and proposes that the RFC insure up to 90 percent of the loans made by private banking institutions

Government insured loans a 'desirable first step' says Jerome Frank of...

A black and white photo of a man sitting at a table. Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description