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War Finance Corporation COMMITTEE ON THE HISTORY OF THE FEDERAL RESERVE SYSTEM r of Papers A • * V#J w *? t? S3 v U w gj_ f J lAl/56 VTAi* FHUfiCE CpRPQiUTlOfl (1913 - 1939) The records of the War Finimce Corporation are divided the ittlApftl Archives in 1fajfclaftOB| the ftmnft k>rvices Administration Federal Records Centers at Axextuidria, Virginia end St. lifii|f| Tioce at thi- nction.al Archives (Record Group $o in the custody of the Fir-cal Section, Q«AtXll Hecorda Br*:uch» they wire a l l rMfdTtd fr«i the DtpMTtMKkt of the T'r^^-fcur/ tXOApt one cubic foot of Vft&ee*gflQ8«d rcc^rdn found MMMg thoai of the R»F*C» and turned eter to the Pfttlonftl Aroiaive^ fr«i th« E « f A of a lies 9^2 cuMc 931 Approxlatite nwiber of Soae records Ere ia th« Federal Records Center No. 3, Alexandrin, Virginia* Measure of s i s e j B25 oubic fe*t number <rf Some pyrrol! wad personnel records cf the A&rioultural lioen Agencies a r e located i n the Gener&l Services Arkdn'atretion Fedei'&J. Record© Center, 17^4 Lo«tt#t Streetj Bt# Letdf } $ 24issouri« War Finance Corporation II • 2Historical Itote Mar Finance Corporation w&g created by an act of Congress approved April 5# I91S, to give financial import to dug tries necessary to the prosecution of the war and to bunking institutions that aided such industries* After the Anslgtice Its aetlvitieft w#r« extended to assist in the transition to peacetime conditions* la the spring of 19X9 i t undertook the financing of the railro&dSf nhieh were s t i l l uader Government control} under an act of March 3, 1919§ i t aade lotng to American exporters! and under the Agricultural Credits Act of August 24, 1921, i t made adrances for agriouitural purposes to banking end fiiianclal institutioas and to cooperative marketing essooiations* fo facilitate the handling of the agricultural loane( i t established Agricultural Loan Agencies in the principal agricultural m& livestock sections of the country and cooperated with several livestock loan companiea in tasking loans. I t began liquidation of i t s activities on January lt 1925* By an act of March 1, 1929# the liquidation of i t s remaining &§s®ts and the winding up of i t s affairs were assigned to the Secretary of the freasurji who delegated these responsibilities! to a liquidating ccfflEittee. Ifader the President's Reorganization Flan So* I I t the Corporation was abolished effective Jfuly l f 1939f and the Secretary of the treasury ms charged with temLneting all i t s business not la tar than December 31 of that ymr** From Eeglstratlon of Record droup ^>. 15-4 Ver Finance Corporation III - 3~ Description of Series Headquarters records consist of oinutes of meetings of the Directors and of the liquidating Coesaittee of the Corporation, with indexes; account books m& other fiscal records relating to loans and advances made by the Corporation; correspondence with field offices atnd others} records of Agricultural Loan Agencies consisting of account books and correspondence* These cover the period 1913-1939* The W&shington office's loon c&se f i l e s , correspondence relating to activities of Agricultural Loan Agencies, and reading f i l e s of correspondence of certain of the Agencies, amounting in all to 825 cubic feet, are in the Federal Kecords Center Ho* 3# at Alexandria, ¥&. Washington Office personnel J&ckets and payrolls and payrolls of the Agricultural Loan Agencies ere nov in the General Services Actednistration Federal Records Center, 1724 Locust Street, 3t« Louis 3, Missouri* Duplicate copies of minutes of meetings, 1921-Jenuary 1931* which were authorised by Congress for disposal, were, upon the Library1s application to the Archivist, transferred to the Hoover Library on War, Revolution, and Peace, i\ PFIO Alto, California* The minutes of meetings of the Liquidating Coiaciittee for the period Feb. 1, 1931-June 30, 1939, were being bound vhen the records were accessioned, and their whereabouts i s unknown.