Fred Phillips testimony , 1930s

Overview of the Collection

Creator
Phillips, Fred, 1869-1964
Title
Fred Phillips testimony
Dates
1930s
Quantity
0.025 linear feet, (1 container)  :  1 folder
Collection Number
Coll 385
Summary
Fred Phillips (1869-1964) of Baker City, Oregon, was in the cattle business for over forty years, and was a board member and president of the Baker [Production] Credit association. The collection consists of testimony Phillips gave regarding his work at the Baker Credit Association during the 1920s and 1930s, especially his work approving loans made by the Association.
Repository
University of Oregon Libraries, Special Collections and University Archives
UO Libraries--SCUA
1299 University of Oregon
Eugene OR
97403-1299
Telephone: 5413463068
spcarref@uoregon.edu
Access Restrictions

Collection is open to the public. Collection must be used in Special Collections and University Archives Reading Room. Collection or parts of collection may be stored offsite. Please contact Special Collections and University Archives in advance of your visit to allow for transportation time.

Additional Reference Guides

See the Current Collection Guide for detailed description and requesting options.

Languages
English
Sponsor
Funding for production of this finding aid was provided through a grant awarded by the National Historical Publications and Records Commission (NHPRC).

Historical NoteReturn to Top

Fred Phillips (1869-1964) of Baker City, Oregon, was in the cattle business for over forty years, and was a board member and president of the Baker [Production] Credit Association.

Production Credit Associations (PCA's) were created as a part of the Emergency Farm Mortgage Act, and the Farm Credit Act, both of 1933. PCA's received short and intermediate term credit from Federal Intermediate Credit Banks (FICBs), and the PCA's in turn, offered short term and intermediate loans to farmers and ranchers.

Content DescriptionReturn to Top

It is not known what court case (if any) this testimony was a part of, nor the date on which the testimony was given.

Phillips was asked to elaborated about his expertise in the cattle business and the financial ups and downs of that business, especially in the 1920s and 1930s. Phillips details the financial difficulty that gave rise to the creation of the Regional Agricultural Credit Corporation (of which he was a board member), an organization that extended credit to ranchers to stockmen and ranchers.

There is a specific transaction mentioned, of a loan made to a man who died shortly after receiving the loan, and whose family has carried the loan, and had never been able to pay it off. Phillips states that his organization would rather carry the loan then make the son sell all his assets in order to pay off the loan.

Administrative InformationReturn to Top

Detailed Description of the CollectionReturn to Top

Names and SubjectsReturn to Top

Subject Terms

  • Agricultural credit corporations--Oregon--Baker City
  • Agricultural credit--Oregon
  • Agricultural credit--United States
  • Agriculture--Economic aspects--Oregon--History--20th century
  • Agriculture--Economic aspects--United States--History--20th century
  • Cattle breeders--Oregon
  • Cattle trade--Oregon
  • Cattle trade--United States
  • Farmers--Oregon
  • Livestock--Economic aspects--Oregon
  • Livestock--Economic aspects--United States
  • Ranchers--Oregon
  • Ranching--Oregon.
  • Witnesses--United States

Personal Names

  • Phillips, Fred, 1869-1964

Corporate Names

  • Baker Production Credit Association
  • United States. Farm Credit Administration

Geographical Names

  • United States--Economic policy--1933-1945

Form or Genre Terms

  • Testimonies