Show nw w the Econ economic price and profit system is bolstered Bolster zd stupendous S sums u m s expended by R F C to prime E economic P pump u m P and give business blood transi transfusion the national emergency council boston building salt lake city utah is authority for the following enlightening figures according to reports received b by allen alien T sanford state direct bi a t ional emergency council lap reconstruction finance corporation po ration from february 2 1932 to october 30 1938 made loans loan and investments in the nation in the sum of in the he state of utah investments and loans were made in and to corporations for the total sum of of which has been repaid 93 loans were made to 55 banks and trust companies in the sum of of which was made to receivers for distribution to depositors of closed banks preferred stock and debentures of banks and trust companies were purchased for the sum of thereby making banks safe and protecting their depositors and providing an early distribution to the depositors of closed ban bantes ks there was loaned to two livestock credit corporations the sum of twenty loans were authorized to 16 business enterprises for including the loans in which banks participated loans of were authorized for seven self liquidating projects loans of w were re authorized to twelve irrigation districts for re financing outstanding debts and securing a lower rate of interest twenty three loans were authorized in the amount of for re financing ing debts of business properties such as apartment houses hotels etc in cities also was authorized for purchase of mortgages insured by ie federal housing |