Reclaiming 9 Swamp Lands Is Flood Problem
International News Service reports flood control along the Mississippi prompts a push to create drainage districts nationwide with favorable financing. Small farmers, many with installment land purchases, face taxes and lien issues as bond debts cap at about 50 million across 150 districts. Congress may authorize interest-free loans to districts, allowing bonds to be repaid over long terms to relieve farm losses and prevent further foreclosures.
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International News Service
Memphis
Tenn
Mississippi River
Congress
U. S
Lion Acres
Coolidge
Drainage Boards
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