War Finance Corporation

E740651

The War Finance Corporation was a U.S. government agency created during World War I to provide financial support to war-related industries and stabilize the national economy.

All labels observed (1)

Label Occurrences
War Finance Corporation canonical 1

How this entity was disambiguated

Statements (39)

Predicate Object
instanceOf United States government agency
appliesToEvent World War I NERFINISHED
appliesToJurisdiction United States of America
country United States of America
createdByStatute War Finance Corporation Act NERFINISHED
dissolutionReason reduction of emergency wartime financial needs
replacement by peacetime financial institutions and programs
dissolved 1929
followedBy Reconstruction Finance Corporation NERFINISHED
hasAuthorityOver loans to agricultural interests
loans to banks and trust companies
loans to export and import enterprises
loans to industries deemed essential to the war effort
loans to public utilities
loans to railroads
hasRole government credit agency
wartime economic stabilization agency
headquartersLocation Washington, D.C.
inception 1918
legalForm federal corporation
legislatedBy United States Congress NERFINISHED
mainPurpose extend credit to essential industries
provide financial support to war-related industries during World War I
stabilize the U.S. national economy during World War I
support the marketing of U.S. government war bonds
notableWork financing American railroads after World War I
stabilizing the U.S. financial system during wartime
supporting agricultural credit in the early 1920s
operatingPeriod World War I era
post–World War I reconstruction period
ownedBy United States government
surface form: United States federal government
parentOrganization United States Department of the Treasury NERFINISHED
productOrService capital for industrial expansion
long-term credit
short-term credit
regulates distribution of government war securities through financial institutions
sector public finance
war finance
significantLegislation War Finance Corporation Act of 1918 NERFINISHED

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Reconstruction Finance Corporation precededBy War Finance Corporation