Jones asks for $500,000,000 to lend to railroads and lease rail equipment. Washington, D.C., July 21. Jessie Jones, newly made Federal Lending Administrator suggested today the House Banking and Currency Committee that the RFC be given authority to lent the $500,000,000 for railroads in the new lending program and to use it to purchase and lease equipment to them asked by Rep. Clyde Williams about certain loans made to railroads which are in default, 'What do you do about it?' Jones answered, 'Well, we pray,' 7/21/39
Summary
A black and white photo of a man sitting at a desk.
Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description
Tags
Date
1939
Contributors
Harris & Ewing, photographer
Location
Washington, District of Columbia, United States, 38.90719, -77.03687
Source
Library of Congress
Copyright info
No known restrictions on publication.