OCR Text |
Show IMPROVE CREDIT OF FARMER Two Methods Described by Bulletin Issued Is-sued by Department of Agriculture How to Organize. The new office of markets and rural organizations has contributed to the department of agriculture a bulletin on "How farmers may improve their personal credit." The two general methods considered are: "That of temporary agreements with existing loan agencies, agreements agree-ments terminating with the payment of loans, and that of permanent ar tides of agreement among the farmers themselves, or co-operative credit associations." as-sociations." Under the first method, the bulletin presents in detail three different plans and gives in full the legal forms to be used in their development A specific spe-cific example is given applying these plans to the improvement of the dairy herd and suggesting how they can be used in cattle breeding, hog raising and the purchase of better farm equipment. equip-ment. The second method takes up the co-operative credit association." It Is well known that many farmers are industrious and progressive, but lack the money to carry out their Ideas These men as Individuals cannot ob tain the credit that they could If organized or-ganized Into permanent associations. This pamphlet tells how to organize how the association is managed and how the association helps its members. |