Salt Lake Telegram | 1932-04-13 | Page 7 | Finance Body Must Provide More Funds

FINANCE BODY MUST PROVIDE MORE FUNDS WASHINGTON April 13 P The P The treasury toda today subscribed the remaining remaining remaining re re- re- re of the capital stock of or the Reconstruction tion Finance corporation The corporation w will ll now cither either have to provide money from repayments repayments repayments repay repay- ments of loans already made or issue debentures The law provides that the corporation corporation corpora corpora- tion can if necessary issue up to 1 of ot obligations which the treasury may buy or which may be besold besold besold sold directly to the public The board of directors of the corporation corporation cor cor- has not decided whether it w will ll be nece necessary try to issue debentures but in all nU probability the repayments of loans will not take care of ot further loans to be made On April 1 between and had been repaid on loans made since the establishment of oC the corporation in February