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Home owners now saving $5000,000,000 a year, Monopoly Committee told. Washington, D.C., July 14. John H. Fahey, Chairman of the Federal Home Loan Bank Board today estimated before the Federal Monopoly Committee that home owners are saving $500,000,000 a year as a result of the reduction in interest rates brought about by government activities since 1932. He added it is extremely doubtful if much more can be saved in this direction which will contribute to progressive housing development in the near future

Before Monopoly Committee. Washington, D.C., June 29. R.R. Rogers, left, Vice President of the Prudential Life Insurance Co., today told the Monopoly Committee Investigating Insurance Company Setups that reduction of interest and amortization rates on homes would stimulate sale of houses but would not necessarily mean a lower ultimate cost to the purchaser. Lower housing costs, he said, must be effected in the fields of construction, materials, and labor. He is pictured with H.W. Fitzgerald, statistician for Prudential

Before Monopoly Committee. Washington, D.C., June 29. R.R. Rogers, left, Vice President of the Prudential Life Insurance Co., today told the Monopoly Committee Investigating Insurance Company Setups that reduction of interest and amortization rates on homes would stimulate sale of houses but would not necessarily mean a lower ultimate cost to the purchaser. Lower housing costs, he said, must be effected in the fields of construction, materials, and labor. He is pictured with H.W. Fitzgerald, statistician for Prudential

Monopoly Committee learns that five states hold 67 percent of U.S. savings. Washington, D.C., May 23. Dr. Donald Davenport, special economic consultant for the S.E.C., told the Monopoly Committee yesterday, with the aid of large charts, that New York, New Jersey, Massachusetts, Pennsylvania, and Connecticut have 37.8 billions of dollars laid up in savings, this amount being 67 percent of the total savings of the United States

Monopoly Committee learns that five states hold 67 percent of U.S. savings. Washington, D.C., May 23. Dr. Donald Davenport, special economic consultant for the S.E.C., told the Monopoly Committee yesterday, with the aid of large charts, that New York, New Jersey, Massachusetts, Pennsylvania, and Connecticut have 37.8 billions of dollars laid up in savings, this amount being 67 percent of the total savings of the United States

Monopoly Committee told U.S. errs in sponsoring large scale rental housing projects. Washington, D.C., July 6. Morton Bodfish, Executive Vice President of the United States Building and Loan League, said today that the government was making an error in sponsoring large scale rental housing projects. He further declared that as a national policy the government should encourage home ownership

Monopoly Committee told U.S. errs in sponsoring large scale rental housing projects. Washington, D.C., July 6. Morton Bodfish, Executive Vice President of the United States Building and Loan League, said today that the government was making an error in sponsoring large scale rental housing projects. He further declared that as a national policy the government should encourage home ownership

Urges expanded powers for Home Loan Bank Board. Washington, D.C., May 11. Chairman John H. Fahey of the home Loan Bank board today told a Senate Banking and Currency Subcommittee that a bill to expand powers of the Board would stimulate housing and was very desirable in the Board's opinion. He pointed out that lifting the restriction from aiding in the construction of units for four families to permit larger construction programs would let us cooperate in building small apartment houses in the smaller cities, for which there is considerable demand, 51138

Urges expanded powers for Home Loan Bank Board. Washington, D.C., May 11. Chairman John H. Fahey of the home Loan Bank board today told a Senate Banking and Currency Subcommittee that a bill to expand powers of the Board would stimulate housing and was very desirable in the Board's opinion. He pointed out that lifting the restriction from aiding in the construction of units for four families to permit larger construction programs would let us cooperate in building small apartment houses in the smaller cities, for which there is considerable demand, 5/11/38

Home owners now saving $5000,000,000 a year, Monopoly Committee told. Washington, D.C., July 14. John H. Fahey, Chairman of the Federal Home Loan Bank Board today estimated before the Federal Monopoly Committee that home owners are saving $500,000,000 a year as a result of the reduction in interest rates brought about by government activities since 1932. He added it is extremely doubtful if much more can be saved in this direction which will contribute to progressive housing development in the near future

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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

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district of columbia washington dc glass negatives home owners home owners year committee john fahey chairman federal loan bank board federal home loan bank board today result reduction interest rates interest rates government activities government activities direction development future united states history politics and government library of congress
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Date

1900 - 1940
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Harris & Ewing, photographer
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Washington, District of Columbia, United States ,  38.90719, -77.03687
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Library of Congress
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http://www.loc.gov/
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No known restrictions on publication.

label_outline Explore Interest Rates, Fahey, Home Owners

Increased business volume key to recovery. Hopkins new Executive Assistant. Washington, D.C., April 13. In his first Press Conference today, Edward J. Noble, newly appointed Assistant to Secretary of Commerce Harry Hopkins, told newsmen that he thought the key to recovery was to increase business volume. He said that if volume could be increased to a sufficiently high level, tax rates could be lowered without disturbing the government's revenue. 4-13-39

[Assignment: 48-DPA-03-20-08_SOI_K_Lease_1] Visit of Secretary Dirk Kempthorne to New Orleans, Louisiana, [where he opened, and announced high bid totals for,] the Minerals Management Service-sponsored federal sales of offshore oil and natural gas leases [in the Eastern Gulf of Mexico (Lease Sale 224) and the Central Gulf of Mexico (Lease Sale 206). The sales, attracting a record-setting $3.7 billion in high bids, inaugurated a program of enhanced revenue sharing with oil and gas producing Gulf states, along with higher royalty rates.] [48-DPA-03-20-08_SOI_K_Lease_1_DOI_1457.JPG]

Coolidge & Nat'l Officers, Motion Picture Owners of America, 4/9/24

Pessimistic report. Washington, D.C., May 4. Governor John Moses of North Dakota, in a conference with President Roosevelt, presented a pessimistic report on unemployment and relief problems in North Dakota. Moses said his state was in a bad financial condition as a result of 10 years of crop failures and that county and state budgets were unbalanced

Downers Grove, Ill., May 24, 2013 -- FEMA Disaster Assistance Specialist Chris Urban encourages participants in the Downers Grove Car Show event to register with FEMA if they suffered flood damage during the recent storms. FEMA is responding to wide spread flooding as a result of severe storms and straight-line winds during April and May 2013. David Fine/FEMA

West, Texas, May 7, 2013 -- Pat Hanger, a Federal Emergency Management Agency public assistance worker, photographs a damaged agriculture education classroom at the West High School. Hanger is part of a joint state-federal preliminary damage assessment team compiling a report of the damage done to public infrastructure as a result of the blast. FEMA is providing assistance to help the community recover from the disaster. Norman Lenburg/FEMA

Pensacola, Fla., May 10, 2014 -- Small Business Administration (SBA) representative, Lynne Manthei assists disaster loan applicants at a Disaster Recovery Center (DRC) in Gulf Breeze, Florida. Following flash flooding along parts of the Florida Panhandle, DRC's were established in communities to assist disaster survivors with assistance from local, State and Federal Agencies. Andrea Booher/FEMA

[Assignment: 59-CF-DS-25062-05] Memorial service in the Dean Acheson Auditorium for Diplomatic Security Service Special Agent Stephen Sullivan, [killed on September 19, 2005 as the result of a bomb explosion while conducting a protective assignment in Mosul, Iraq. Secretary Condoleezza Rice and other Department officials delivered remarks at the service.] [Photographer: Ann Thomas--State] [59-CF-DS-25062-05_Mem_Ser_03.jpg]

Meeting of the neighborhood or community land use planning committee in Locust Hill. Studying and working on the map of Caswell County are Walter H. Williamson, also chairman of FSA (Farm Security Administration) tenant purchase committee; J.E. Zimmerman, county agent; Mande Searcy, home demonstration agent; Jule B. Turner, also chairman of county land use planning committee; Emery M. Hopper, farmer and FSA co-op community service loan borrower; Mrs. Walter H. Williamson also member of state land use planning committee. Caswell County, North Carolina

Severe Storm ^ Tornado - Birmingham, Ala. , May 20, 2011 -- FEMA Deputy Federal Coordinating Officer Albie Lewis speaks with Congressman Robert B. Aderholt (R. AL-4) during a tour of the FEMA/State Joint Field Office. FEMA is here as result of the deadly April tornado. George Armstrong/FEMA

U.S. Navy AIRMAN Brandi Cage, assigned to the painting and preservation team aboard the U.S. Navy Nimitz Class Aircraft Carrier USS CARL VINSON (CVN 70), sands old paint off of the superstructure on Dec. 15, 2006, while the CARL VINSON is undergoing an extensive scheduled Refueling Complex Overhaul (RCOH) at the Northrop Grumman Newport News Shipyards, Newport News, Va. (U.S. Navy photo by Mass Communication SPECIALIST 2nd Class Chris Fahey) (Released)

[Assignment: 48-DPA-03-20-08_SOI_K_Lease_1] Visit of Secretary Dirk Kempthorne to New Orleans, Louisiana, [where he opened, and announced high bid totals for,] the Minerals Management Service-sponsored federal sales of offshore oil and natural gas leases [in the Eastern Gulf of Mexico (Lease Sale 224) and the Central Gulf of Mexico (Lease Sale 206). The sales, attracting a record-setting $3.7 billion in high bids, inaugurated a program of enhanced revenue sharing with oil and gas producing Gulf states, along with higher royalty rates.] [48-DPA-03-20-08_SOI_K_Lease_1_DOI_1448.JPG]

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district of columbia washington dc glass negatives home owners home owners year committee john fahey chairman federal loan bank board federal home loan bank board today result reduction interest rates interest rates government activities government activities direction development future united states history politics and government library of congress