Land Loan Banks to Lend at Reasonable Rates
The farm loan bill creates twelve federal land banks to issue loans on farm lands at not more than 6 percent annual interest. Loans range from 100 to 10 000 dollars, secured by first mortgages, with long terms and through national farm loan associations and regional or joint stock banks. The Federal Farm Loan Board oversees appraisers, banks, and bond-backed financing.
MENTIONED IN THIS ARTICLE
Farm Loan Bill
Federal Land Banks
National Farm Loan Association
Federal Farm Loan Board
Federal Land Bank
Loan Association
Treasury Department
Secretary of the Treasury
Farm Loan
United States
Alabama
Wilson
First National Farm Loan Association
Farm Land Board
Federal farm loan act details and loan terms outlined
Alabama farmers learn the rural credits bill creates twelve district federal land banks with stock capital and borrower owned shares. The act sets loan limits, amortization plans, and interest caps, detailing building land purchases equipment and improvements, with safeguards against misuse and penalties for diversions.
Abe Martin Aurelius Budd Seeks Job After Graduation
Abe Martin Aurelius Budd, who graduated in June with the masterly essay America th' Land O' Opportunity, is still lookin for a job. Miss Fawn Lip pincut quips that somebuddy ought to invent a wireless mustache.
MENTIONED IN THIS ARTICLE
Aurelius Budd
America
Allied Trade Body to Visit U S in August
Baron Yoshiro Sakatani president of the Japanese commission to the Paris economic conference said the group will visit the United States in August to study trade relations. He noted the Russo Japanese treaty clarifies the Chinese situation and favors open doors for all nations including the U S.
MENTIONED IN THIS ARTICLE
Rome
Yoshiro Sakatani
Paris
United States
New York
Associated Press
Sakatini
Japan
China
Prospective borrower may borrow stock price with loan
The text explains that a borrower lacking funds to pay for association stock can borrow the stock price as part of a loan secured on his farm land. It outlines a financing option linking stock purchase to agricultural property as collateral.
Italian Vessel Drives Away Attacking German Submarine
The Re D'Italia, a 6237 ton Italian liner of the Lloyd Sabaudo Line, was attacked by a Teutonic submarine on July 23 while en route from Genoa to New York. Defenses opened fire and drove off the submarine, and the ship continued to America.
MENTIONED IN THIS ARTICLE
Rome
Re D'Italia
Lloyd Sabaudo Line
Genoa
New York
America
Central Powers Move Toward Baghdad Amid War Alliance
A 1915 analysis notes Bulgaria's accession over Serbia tightens links from Berlin to Constantinople and Baghdad. It argues the central powers share political and economic interests, with Germany entering the third year of war confident of gains despite stubborn opposition.
MENTIONED IN THIS ARTICLE
Berlin
Associated Press
Russia
France
England
Germany
Constantinople
Galicia
Alsace-Lorraine
Rhine
Italy
Austrian
Alsace- Lorraine
United States
Ber
Turkey
Bulgaria
Serbia
Bagdad
Fire Slightly Damages House at Spring Hill and Julia
A fire Friday afternoon damaged a dwelling at the southeast corner of Spring Hill avenue and Julia street. Firefighters extinguished the blaze with slight damage. cause remains unknown.
MENTIONED IN THIS ARTICLE
Spring Hill Avenue
Julia Street
Indictment of Doctor in Girl 12 Case
Baton Rouge parish grand jury indicts Dr Estes D Robbins a noted specialist and society leader on statutory charges filed by Alma Black twelve year old girl daughter of Cole C Black Bond set at five thousand dollars Robbins jailed yesterday he denies the charges and said he expects to post bond soon.
MENTIONED IN THIS ARTICLE
Baton Rouge
Estes D. Robbins
Alma Black
Cole C. Black
Robbins
Weather forecast for Alabama and Mississippi in late July
Forecast for Alabama and Mississippi calls for fair to night, followed by partly cloudy conditions Sunday with a chance of showers in southern portions.
MENTIONED IN THIS ARTICLE
Washington
Alabama
Mississippi
White Star Absolved of Titanic Liability in $665,000 Decree
Federal Judge Mayer signs final decree in New York resolving four years of claims over the Titanic disaster. White Star Line pays $665,000 to withdraw all claims, declaring no liability for the loss of 1,608 lives and ending about $18,000,000 in recorded claims.
MENTIONED IN THIS ARTICLE
New York
White Star Line
Als
Aries
Mayer
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