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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

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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.