Trailer: The special guest on this episode of the Longines Chronoscope with Frank Knight was the Chairman of the Reconstruction Finance Corporation, Harry A. McDonald. The RFC is a government agency designed to give loans to Americans - especially during times of crisis. This agency is credited for helping the US overcome the depression and played an important role in World War II. The RFC only gives loans to businesses that are denied credit from banks, and therefore, they are not in competition with banks. Many banks will even refer rejected applicants to the RFC. Even after salaries and lost revue due to foreclosures, the RFC is able to keep money for expansion and give money back to the federal government. No longer are calls from the government offices being accepted to give special loans to friends of politicians. See the full length video at: www.qualityinformationpublishers.com
