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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 08, 1947
Page
10
J. C. McPherson, Alabama state director, announced FHA insured over ten billion dollars in loans during 13 years of activity. In Alabama since June 1934, 79,000 loans totaling 24.75 million dollars have been advanced to about 98,500 families.
About sixty North Dakota farmers toured Athens Alabama on Friday to view local farms and TVA operations. A barbecue at Reuben Patterson’s farm drew around 65 county farmers and business people before the visitors inspected the 960 acre T. G. Williamson farm as part of evaluating a Missouri River Valley Authority proposal.
The Alabama office focuses on financing property improvement and 19 500 loans totaling 76 810 000 for building or buying homes and rental housing. Since the war, emphasis is on veteran housing production, especially rental housing and converting existing structures into extra units for ex servicemen and their families.
Alabama PMA reports a dollar spent yields fourteen dollars in conservation value across farms. A. W. Jones cites Fayette county as example, noting millions invested and large increases in terraces pasture improvements and soil building across nine years. He urges expanded use of conservation funds to boost Alabama agriculture.
Jones argues that reduced government payments since 1937 hurt farm income and soil building efforts. After the House Appropriations Committee halted PMA activities, funds were slashed from 300 million to 165 million, limiting soil conservation work vital to both farmers and nonfarmers.
June 7 report says the county Board of Revenue granted leases to four firms for footage on the old city school block one block south of the courthouse and opposite First Baptist Church. Werner will build a cafe beside the new Texaco station. Mack Heatherly Clyde Ward and Troy Pullen will run a used car lot and J E Morgan received a lease.
The excerpt expresses commitment to continuing valuable service to Alabama and the nation, signaling ongoing support and dedication without detailing events or dates. The tone stresses perseverance and collective effort toward shared goals.
A lease on the Southwest corner will host a Shell service station. Bill Mayo secures the Southeast corner for a barbecue stand. John A. Leigeber likely operates a used car lot on the property.
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