Quote – Miss Marie L. Obenauer, Joint Chairman, Board of Governors of Home Owners’ Protective Enterprise, Testimony. Committee on Banking and Currency. Senate.

Now what need is there for doing this sort of thing? I hold in my hand, Mr. Chairman, a section of last night’s Star, which I have cut out. Here are six reputable loaning agencies in Washington, one of them representing the Metropolitan Life, another the Prudential, another an insurance company on its own initiative, who are loaning, and they are advertising for borrowers. Why load us with the expense and with the burden of this bill?

Statement of Miss Marie L. Obenauer, Joint Chairman Board of Governors, Home Owners Protective Enterprise (pgs 320-327); Hearings. Committee on Banking and Currency. House. May 18, 25, 26, 28-31, June 1, 2, 4, 1934.

Friday, May 18, 1934
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