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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Associated Press
Bucharest
Roumania
Ferdinand
Marie of
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