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Show Loans for Small Businesses One cf the disadvantages that small business men nave faced! has been the lack of "intermediate" credit or loans that run from five to ten years. It is true that many businesses in smaller cities ihave loans that l.ave not been fully paid Within the time limit but they are usually on a year to year basis, with much uncertainly as when the demand will be made for the payment of the debt. Large business concerns have been able to manage the flotation of bonds that assure them of adequate ade-quate credit- facilities but the cost of such issues prevent it use by smaller concerns. As Ae understand it, any issue of less t-"an $1,000,000 is hardly profitable. Legislation has been introduced in Congress to esiaalis.i a system of regional intermediate credit banks to take care of the needs of independent inde-pendent sm3ll bui:iiess men. A setup, patterned auer the Home Loan Bank System proposed an. regional banks wo aid be established. estab-lished. The idea t'.ia. f n noial difficulties difficul-ties will prevent In; Japanese from builing .a larger fie. is like the idea that lack oi m.ney -would force Germany to surrender in 1315. The worker who accomplishes things is able to dt today wnat he could put off until tomorrow. |