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Waterloo Evening Courier in Waterloo, Iowa

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Waterloo Evening Courier

Location

Waterloo, Iowa, United States of America

Date

May 14, 1920

Page

6

Congress urged to free farm loan funds for Iowa

A. F. Lever, chair of the Federal Farm Loan Board, warns Representative Wilson that immediate congressional action is needed to release millions of dollars in farm loan funds held up by U S Supreme Court litigation. He notes the court's fall reargument order risks depriving farmers of needed advances for summer operations amid labor shortages and reduced acreage.

Washington News Bureau Waeterloo Evening Courier Washington, D. C Congress Iowa United States Supreme Court A. F. Lever Federal Farm Loan Board Representative Wilson Louisiana Supreme Court Farm Mortgage Bankers’ Association of Kansas City Friends of the Farm Loan System Old Line Mortgage Companies Government Farm Banks

Farm loan bonds and mortgage act face reargument

The farm loan system relies on sales of farm loan bonds tied to farmer mortgages. With no bond sales since June, funds are exhausted and lenders cannot extend new loans. A U S Supreme Court reargument is ordered for the fall term after a prior constitutional ruling, while Congress weighs extending wartime authority to buy bonds to stabilize financing for farmers. Secretary Baker studies industry curtailment ideas to free labor for agriculture.

Karin Mortgage Bankers’ Association Eireutt Kanteas City Ita Supreme Court of the United States Bouda Congress Secretary of the Treasury

Council Delays Willard Scheme Over Health and Labour Advice

The council delays consideration of Willard's scheme due to a hospital minor operation for a council member. Mr. Meredith was to advise on the question of farm labour shortage, adding to the postponement.

Willard Meredith

Royalty Delays US Visit

King Ferdinand and Queen Marie of Roumania postpone their planned visit to the United States until next spring. The king cited numerous and serious problems facing Roumania as keeping him from leaving the country at present.

Associated Press Bucharest Roumania Ferdinand Marie of

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