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Federal Farm Loan Bill Aims To Aid Iowa Farmers
Washington dispatch reports Iowa farmers will start accessing benefits from the new rural credits system soon. The Federal Farm Loan Board, after touring 20,000 miles, holding 50 hearings, and collecting farmer testimony, outlines how 12 federally backed land banks will be located and functioning to provide capital. Board members note lower loan rates already reducing costs and emphasize expert staffing, state cooperation, and local plans to maximize road funding and agricultural credit, with subscriptions open for bank stock and a broad push for nationwide rural development.
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Federal Farm Lawn Board
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