Feed Grain Program Upsets National Farmers Union
National Farmers Union opposes the Nixon admin for not providing advance payments to feed grains signups this year. NFU President Tony T. Dechant warns the near 400 million dollar annual advance would aid farmers amid rising costs and investment while protecting program participation and credit access.
MENTIONED IN THIS ARTICLE
National Farmers Union
Washington
Congress
Tony T. Dechant
NFU
Dechant
Department
Plan for National Development Bank tests congressional sentiment
Washington AP reports Rep. Wright Patman aims to launch a National Development Bank modeled on the RFC to boost scarce credit. The plan would fund housing and investments in low income areas, with initial capital of 1 billion dollars and lending capacity up to twenty times that amount.
MENTIONED IN THIS ARTICLE
Washington
Reconstruction Finance Corporation
Rep
Wright Patman
D-Tex
House Banking Committee
National Development Bank
Patman
Congress
Banking Committee
Housing Department
RFC
Franklin D. Roosevelt
Herbert Hoover
Roosevelt
Treasury
Kansas farmers face unprotected crops despite insurance efforts
Russell L. Bowling of the Federal Crop Insurance Corp says Kansas has over 45 million dollars in insured crops for 1970, but about 281 million dollars remain unprotected. Only 1.9 million of 14.5 million acres are insured, with losses expected from wind drought and excess moisture.
MENTIONED IN THIS ARTICLE
Manhattan
Kan
Russell L. Bowling
Federal Crop Insurance Corp
Kansas
Bowling
FDIC
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