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Deseronto Archive Photos

Deseronto Archive Photos

One of our planes over the German lines taking observations

Damaged aeroplane arriving at an R.A.F.Depot for examination and repair

Our aeroplanes making a flight over the German lines to take observation of the enemy's movements

Newly captured German machine at a Flying Corps depot near the front

RFC extension conference. The Senate Banking and Currency Committee, headed by Sen. Duncan U. Fletcher, D. of Fla., left, listened to Jesse Jones, chairman of the RFC, while he explained why he believed the RFC should be extended. From the left: Sen. Fletcher, Sen. John G. Townsend, Jr. R of Del.; Jesse Jones, and Sen. Alben W. Barkley, D. of Ky. 1/22/35

Why shouldn't he love It? Edgar D. Lovett, President of Rice, left, and Jesse Jones, Chairman of RFC, photographed between halves at the Rice- George Washington University game here Saturday. Rice won 41 to 0. Jesse Jones, with or without the helmet, is famous son of Texas. 11/2/35

The Jones boys. Jesse Jones, chairman of the RFC, left, is surprised by Rep. Marvin Jones, also of Texas, and the RFC head waited around the Capitol as action was taken on the extension of the RFC. Rep. Jones is Chairman of the House Agriculture Committee

Waits his turn [...] Thomas Cocoran, RFC Atty., who is being connected with Lobby charges at a special House rules investigation, left, listens in while Rep. Ralph Brewster (R. of Maine) accuses him of using [passamaquoddy?] "pressure" threats to get his coat for the Utility bill. Judge Ferdinand Pecora of the N.Y. Supreme Court, sits in with Corcoran at the hearing Tuesday, 7/9/35

Money experts. When Jesse Jones, center, chairman of the RFC, appeared before the Senate Banking and Currency Committee Wednesday to urge continuation of the RFC, he faced outstanding experts on banking matters. On the left of the pictures is Sen. Duncan

A FUNNY BUSINESS. THE BUSINESS OF GETTING THE PRESIDENTIAL SIGNATURE ON THE ADMINISTRATION'S BANKING BILL TOOK ON A JOCULAR TONE AS PRESIDENT ROOSEVELT, SEATED, JOKES WITH REP. HENRY STEAGALL, (D-AL), WHO HANDLED THE HEARINGS IN HIS HOUSE BANKING AND CURRENCY COMMITTEE. FROM THE LEFT: SEN. CARTER GLASS; COMPTROLLER OF CURRENCY J.F.T. O'CONNOR; SEN. DUNCAN U. FLETCHER (D-FL); SECRETARY HENRY MORGENTHAU; JESSE JONES, CHAIRMAN OF RFC; REP. STEAGALL; AND GOV. MARRINER ECCLES OF THE FEDERAL RESERVE BOARD

RFC Jones. This informal picture of Jesse Jones, chairman of the R.F.C., was made during a House hearing on the proposed extension of the loaning agency. 1/21/35

Clerks at the Reconstruction Finance Corporation computing interest on RFC loans

Collects RFC loans. Washington, D.C., Aug. 17. Responsibility for the collection of loans made by the Reconstruction Finance Corporation falls on the shoulders if Henry A. Mulligan, Treasurer of the agency. How well he has done his s job is indicated by the record of the last few months that shows that repayment of loans to the RFC has exceeded its disbursements. Mulligan was born in Newburgh, W. Va., but now claims Wilmington, Del., as his home

Collects RFC loans. Washington, D.C., Aug. 17. Responsibility for the collection of loans made by the Reconstruction Finance Corporation falls on the shoulders if Henry A. Mulligan, Treasurer of the agency. How well he has done his job is indicated by the record of the last few months that shows that repayment of loans to the RFC has exceeded its disbursements. Mulligan was born in Newburgh, W. Va., but now claims Wilmington, Del., as his home

Glass bill to discontinue RFC before 1941 Inauguration defeated. Washington, D.C., Feb. 14. The Senate Banking and Currency Committee today defeated a bill by Senator Carter Glass, Virginia, to discontinue the RFC after Jan. 15, 1941 and instead extended the date to June 30, 1941, in order that the bureau would not cease to exist six days before the 1941 Inaugural. Senator Robert Wagner, Chairman of the Committee, RFC Chairman Jesse Jones, and Senator Glass

RFC Head tells House Committee 10% down payment on purchase of house is adequate. Washington, D.C., Dec. 1. RFC Chairman Jesse Jones pounds his fist to emphasize a point as he assures the House Banking and Currency Committee that the 10% down payment on the purchase of a home contemplated under President Roosevelt's recommended housing amendments is not too low. Rep. Henry B. Steagall, Chairman of the Committee, is shown in the background, 12/1/27

In spotlight at small business conference. Washington, D.C., Feb. 2. Secretary of Commerce Daniel A. Roper, RFC Head Jesse Jones and Fred Roth, President of the Whitney-Roth Shoe Co., Cleveland, Ohio, go into a huddle shortly following the selection of Roth as Temporary Chairman of the Small Business Conference which opened here today. Delegates to the Conference charged Roth was handpicked by the Administration, 2/2/38

Admits fraud to Senate committee. Washington, D.C., May 13. Kenneth D. Sture, chairman of the board of the Chicago and Eastern Illinois Railroad, conceded before the Senate Railroad Financing today there was fraud in connection with a 1932 RFC loan to his road. The loan in question was made in March 1932, and totaled approximately $3,600,000. The alleged fraud was in the road's application when it stated it had exhausted unsuccessfully all sources for borrowing privately

Government insured loans a 'desirable first step' says Jerome Frank of S.E.C. Washington, D.C., June 2. SEC Chairman Jerome Frank making his initial appearance before a Senate Committee since his advancement to the Chairmanship, today appeared as witness before the Senate Banking and Currency Committee to endorse government insured loans as a 'desirable first step toward enabling local banking institutions to fill a gap in the financing of small business.' The bill was proposed by Sen. James E. Mead, and proposes that the RFC insure up to 90 percent of the loans made by private banking institutions

Administration agrees to allow RFC to guarantee loans to small business. Washington, D.C., July 19. Following a conference at the White House today with the above, left to right: Senator James M. Mead, New York; Senator Robert F. Wagner, New York; Jesse Jones, Federal Loan Administrator; Emil Schram, RFC Chairman. President Roosevelt announced a revised measure was agreed upon to utilize resources of the Reconstruction Finance Corporation to gaurantee loans to small business. Senator Mead, sponser of a pending Senate bill to provide direct insurance for private loans to business, said the new plan would be attached to President Roosevelt's $3,460,000,000 lending, 7/19/39

Urges equipment and work loans to railroads. Washington, D.C., May 5. RFC Head Jesse Jones today urged equipment and work loans to railroads as a means of speedy re-employment and maintaining safety. He was testifying before the Senate Banking and Currency Committee in connection with a bill introduced by Senator Harry Truman of Missouri. Under the bill, the borrowing railroad would agree to use 75 percent of the loan to re-employ workers furloughed since September 1, 1937, 5/5/38

Scene of Black broadcast. Washington, D.C., Oct. 1. From this house, the home of Claude E. Hamilton, Jr., at 3122 Tennyson Street, Justice Hugo L. Black will tonight by radio give the nation the answer to the charges that he is or was a Klu Klux Klansman. Hamilton, Counsel for the RFC, is a close friend of Justice Black. 10/1/37

Nominated by the president to RFC. Washington, D.C., July 21. Newest informal photo of Sam H. Husbands, Chief of R.F.C.'s examining board, who yesterday was nominated by President Roosevelt to fill the vacancy in the R.F.C. Board of Directors created by Emil Schram's succession to Jessie Jones as Chairman of the Board, 7/21/39

Nominated by the president to RFC Board. Washington, D.C., July 21. Newest informal photo of Sam H. Husbands, Chief of R.F.C.'s examining board, who yesterday was nominated by President Roosevelt to fill the vacancy in the R.F.C. Board of Directors created by Emil Schram's succession to Jessie Jones

RFC Head at Senate Inquiry. Washington, D.C., Dec. 17. Jesse Jones, Chairman of the Reconstruction Finance Corporation, appeared before the Senate committee investigating railroad financing today and told of the five loans the RFC made to the Missouri Pacific Railroad during 1932/33. Jones told the committee the loans were made with the approval of the ICCC and that "I regard the loans as fully secured with ample collateral." Chairman Jones is shown in this picture with Max Lowenthal, Counsel for the Committee

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

Bankers' Association opposes federal insured loans as hazard to established businesses. Washington, D.C., June 15. Robert M. Hanes, 1st Vice President of the American Bankers' Association, and brother of Treasury Undersecretary John W. Hanes, today told the Senate Banking and Currency Committee that the Association opposed the proposed bill to authorize the RFC to insure up to 90 percent on loans to small businesses. He said that it would be a hazard to already established enterprises. He denied that bankers are 'sitting idly by waiting for the borrowers to seek credit'

Administration leaders explain works financing bill in radio round table. Washington, D.C., July 24. Leaders of the administration fight to pass intact the so-called 'spend-lend' bill under the Federal Works Agency, tonight went on the air to explain the bill. The round table on the 'Works Financing Act', was participated in by, left to right - Emil Schram, Chairman of the RFC, Secretary of Agriculture Henry Wallace, Chairman of the Senate Finance Committee through which the bill must be reported to the Senate Sen. Robert Wagner, Sponser of the Bill and Majority Leader Sen. Alben Barkley, and John Carmody, Administrator of the Federal Works Agency, 7/24/39

RFC head addresses small business men. Washington, D.C., Feb. 2. Jesse Jones, Head of the RFC, addressing the opening session of the Small Business Mens' Conference which convened here today. Nearly one thousand from 45 states were on hand as the gavel sounded to open the meeting by President Roosevelt, 2/2/38

Ask expansion of RFC lending power. Washington, D.C., March 29. Secretary of Interior Harold Jones (left) and RFC Chairman Jesse Jones (center) both appeared before the Senate Banking and Currency Committee today to urge expansion of the RFC lending powers in order to remove the present limit of $200,000,000[?] on loans to business. They are shown with Senator William G. McAdoo, a member of the Committee, shortly after the hearing convened, 3/29/38

RFC Head at Work. Washington, D.C. Jesse Jones, Chairman of the Reconstruction Finance Corporation, at work in his office today. George Butler, of Houston, Texas, is shown with Chairman Jones

Jesse Jones takes oath as Federal Loan Administrator. Washington, D.C., July 17. Jesse Jones, retiring Chairman of the RFC today was sworn in as Federal Loan Administrator by Ronald H. Allen, right, Assistant Secretary of the RFC