Reconstruction Finance Corporation
Reconstruction Finance Corporation (RFC), former U.S. government agency, created in 1932 by the administration of Herbert Hoover. Its purpose was to facilitate economic activity by lending money in the depression. At first it lent money only to financial, industrial, and agricultural institutions, but the scope of its operations was greatly widened by the New Deal administrations of Franklin Delano Roosevelt. It financed the construction and operation of war plants, made loans to foreign governments, provided protection against war and disaster damages, and engaged in numerous other activities. In 1939 the RFC merged with other agencies to form the Federal Loan Agency, and Jesse Jones , who had long headed the RFC, was appointed federal loan administrator. After Jones became (1940) Secretary of Commerce, Congress transferred (1942) the RFC to his department. When Henry Wallace succeeded (1945) Jones, Congress removed the agency from Dept. of Commerce control and returned it to the Federal Loan Agency. When the Federal Loan Agency was abolished (1947), the RFC assumed its many functions. After a Senate investigation (1951) and amid charges of political favoritism, the RFC was abolished as an independent agency by act of Congress (1953) and was transferred to the Dept. of the Treasury to wind up its affairs, effective June, 1954. It was totally disbanded in 1957. RFC had made loans of approximately $50 billion since its creation in 1932.
Bibliography: See J. H. Jones, Fifty Billion Dollars (1951).
Cite this article
Pick a style below, and copy the text for your bibliography.
|
ENVIRONMENT-SOUTH AMERICA: SAVING THE TRI-NATION PILCOMAYO RIVER
News Wire article from: Inter Press Service English News Wire; 5/25/2005; ; 700+ words
; ...collapse of the contaminated and clogged Pilcomayo River watershed system, which extends...Argentina, Bolivia and Paraguay. The Pilcomayo begins in the foothills of the Andes...draw up a Master Plan for recovering the Pilcomayo basin. The commission's technicians...
|
|
AMBIENTE: EL RÍO PILCOMAYO SE SALVA DEL COLAPSO.
News Wire article from: Noticias en Español; 5/24/2005; ; 700+ words
; ...contaminada y taponada cuenca del ro Pilcomayo, que cubre 270.000 kilmetros cuadrados de Argentina, Bolivia y Paraguay. El Pilcomayo nace en las estribaciones de la cordillera...intervencin del hombre causaron que el ro Pilcomayo sea considerado actualmente como un recurso...
|
|
Brazil: Ambev takes over Pilcomayo and Pati do Alferes.
News Wire article from: South American Business Information; 6/4/2001; 632 words
; ...the acquisition of Pati do Alferes and Pilcomayo. Ambev used to be partner of both companies...Ambev. The company aimsto take over Pilcomayo that shared with Ambev the ownership...Lipton Ice Tea. CBB acquired 50,6% of Pilcomayo voting capital and 16,65% stake held...
|
|
|
Paraguay: Pilcomayo channel will be expanded.
News Wire article from: South American Business Information; 11/18/2004; 324 words
; ...Paraguayan Ministry of Public Works and Communications, there will be invested Gs$7.3bil to expand by 35 km the canal of Pilcomayo. The goal is to take water to regions that the river was not able to supply last year. The Ministry has already inked the...
|
|
|
ENVIRONMENT-BOLIVIA: POLLUTED RIVERS A CATASTROPHE
News Wire article from: Inter Press Service English News Wire; 11/1/1996; ; 700+ words
; ...catastrophic, not only with regard to the Pilcomayo, but the other rivers that come from...residue into the streams that feed into the Pilcomayo River, whose waters go through the territories...says that due to the contamination, the Pilcomayo River has become a "deposit for toxic...
|
|
Tri-National Commission
Newspaper article from: Xinhua English Newswire; 6/23/1997; 314 words
; ...development of the upper basin of the Pilcomayo River. It is the fourth meeting of experts...promote sustainable development of the Pilcomayo basin and to explore natural resources...public institutions and universities. The Pilcomayo River, a major South American river...
|
|
To the editor
Magazine article from: Natural History; 2/1/1997; ; 689 words
; ...Potosi is in the headwaters of the Rio Pilcomayo, a major tributary of the Rio Paraguay...wastes has been catastrophic for the Pilcomayo, whose sediments contain high levels...the Rio Pilaya (which feeds into the Pilcomayo). Local reports have described this...
|
|
Roots and branches: a simplified diagram.
Magazine article from: Word Ways; 2/1/2003; ; 700+ words
; ...COMPILATORY can be reached by the route OLYMPIC, MYOPICAL, PILCOMAYO, POLYATOMIC and OLYMPIC, MYOPICAL, PYROMALIC, MICROTYPAL...gt; +X= POLYCLIMAX< +Y= MYOPICALLY< +O= PILCOMAYO +T= POLYATOMIC+ +R= PYROMALIC +E= PROMYCELIA +R...
|
|
Argentina : Formosa government to upgrade ports, waterway.
News Wire article from: TendersInfo; 9/3/2009; 513 words
; ...investment will benefit port terminals in Formosa city, Puerto Pilcomayo and Colonia Cano, said national ports and waterways' undersecretary...crane for the terminal's cargo handling dock. Works in Pilcomayo port will involve upgrading the terminal's infrastructure...
|
|
|
ENVIRONMENT-BOLIVIA: FIRST LAWSUIT ON ENVIRONMENTAL DAMAGES
News Wire article from: Inter Press Service English News Wire; 8/5/1998; ; 630 words
; ...Environment. A case of even greater magnitude is that of the Pilcomayo river in central Bolivia, which runs to Argentina and Paraguay...for years. Indigenous communities along the banks of the Pilcomayo have suspended their age-old fishing practices due to health...
|
|
Pilcomayo
Book article from: The Columbia Encyclopedia, Sixth Edition
Pilcomayo , river c.1,000 mi (1,600 km) long, rising in the Bolivian Andes E of Lake Poopó and flowing SE in a marshy course across the Gran Chaco to the Paraguay River near Asunción. It forms part of the Argentina-Paraguay border.
|
|
Nivaclé
Encyclopedia entry from: Encyclopedia of World Cultures
...base of which is formed by the R í o Pilcomayo and the vertex by Mariscal Estigarribia. There...Lhavos occupy both banks of the R í o Pilcomayo. From the middle Pilcomayo, upstream, live the Chishamnee Lhavos and downstream...
|
|
|
Chorote
Encyclopedia entry from: Encyclopedia of World Cultures
...contemporary settlements on the R í o Pilcomayo they are also identified as "T é...of the Chorote to the left bank of the Pilcomayo. Today they are found on both shoulders of the middle Pilcomayo and in the central-western Paraguayan...
|
|
|
Maká
Encyclopedia entry from: Encyclopedia of World Cultures
...overflowing rivers). The Bermejo and Pilcomayo rivers have scarred the terrain by shifting...northwest to southeast direction. The Pilcomayo disappears at its central course in an...xE1; , located to the south of the Pilcomayo. After the Chaco War (1933-1936...
|
|
Paraguay
Encyclopedia entry from: Junior Worldmark Encyclopedia of Physical Geography
...separated from Argentina on the west by the Pilcomayo and Paraguay Rivers and on the south...caymans began to dry up when water from the Pilcomayo River was rerouted so that farmers could...River. The third-largest river, the Pilcomayo, is a tributary of the Paraguay and...
|
