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Capitol News Notes Critiques State Bank Deficit and Farm Loans
A legislative report criticizes the states bank operations citing a large public funds base and low interest income. It notes farm loan applications far exceed actual loans, excessive appraisal fees, and questions the Drake Mill profit flags. The writer calls for a comprehensive audit by a registered accounting firm of all industries under the Industrial Commission.
MENTIONED IN THIS ARTICLE
Drake
Mill and Elevator Association
Industrial Commission