Show u o MONEY IS AVAILABLE FOR BASIN FARMERS State Land Board Has More Mora Than Half Halt Million Dollars on Hand Security Hand Security Mastbe Must Most be Good Members of ot the tho state land hind board yesterday informed the state board ot of loan commissioners that it had available for loans to Utah farmers on improved farm property This information was vouchsafed when Secretary of State David Mattson Ma Mason Mattson Matt Matt- son and Attorney General A. A R. R Barnes of at the loan commission applied applied applied ap ap- ap- ap plied to the land board for the loan to the states state's general fund w. w vO vc t h ViA ViA-A rut fit Hi arranged for seTre seT ser Jre tz re common w wi w wT I T select from 1 TV Ti Jno Juo Deere mOT mop informed Informed the loaa loan at it could lend the ue farmers farmers' loan fund I tar er in that fund Sec Sea ret of at State who acted as chairman of ot the loan commissioners commission commission- ers in the absence of Governor Spry assured the land board that it If theatter theatter the tho atter department required the money money motley mon mon- ey back soon the state would repay upon demand and would borrow from the banks W. W J. J Lynch secretary see sec of the land board said the would not be required for forthe forthe forthe the present i 1 IThe iThe The land board has a list of applications applications ap ap- ap for loans from farmers which would take up the entire but in the list are many would be borrowers whose proffered security ty does not altogether meet the requirements requirements re- re under which the land department department department de de- may lend state funds Therefore it was stated that a awill will v be enough in the loan fund for tor forthe forthe the present and the state may have havethe havethe havethe the use of the The loan commissioners borrowed the money from the land board hoard to meet some of the running expenses of or the for which there will b bno beno ha be hano no cash until the 1916 taxes are collected collected col col- and also to redeem worth of Utah 1896 bonds bond on July 1 Part of the money there therefore tore will willbe willbe be placed in the tho fund against the warrants for the redemption redemption tion of the 1896 bonds and the payment payment payment pay pay- ment of ot interest on other state bonds bondson on the first of ot the month Inasmuch as had been previously set t aside In the redemption fund to care for tor the bonds the sum borrowed from the land board will be sufficient sufficient sume- sume lent to redeem the 1896 bonds pay paT interest on the others and still leave leavo something for running expenses ln hi fa the general fund 0 |