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Farmer Dollar Dives as Bank Control Threatens Farms
James R. Howard, president of the American Farm Bureau Federation, warns financial strain cuts the farmer’s purchasing power from $1 to about 64 cents, urging cooperative marketing and a federal loan limit amendment to avert widespread bankruptcy and preserve farming. He cites a 1915 baseline and a sharp drop since 1913, urging business leaders to back relief measures and a farm-centered credit overhaul.
MENTIONED IN THIS ARTICLE
American Farm Bureau Federation
Roy J. Gibhons
Chisago
Del
James R. Howard
American Wurm Aurean Federation
Howard
Thn
Macket
Sherte
America
American Farm | Burrow Federation
American Farm Duron Federation
Mova
Bo Serra
Anya