Show OPERATIVE CO-OPERATIVE LAND BANKS PROPOSED Senator Rideout Has Measure Designed to Provide Funds for F Farmers What Senator D D. O. O of Salt Lake regards as 81 a a. boon of ot no small Im Importance Importance Ira Ira- to farmers will be given It if I the legislature enacts the bill ho lie Is preparing pre pro paring for introduction in the senate permitting the organization of oC cooperative op co-op land banks Those banks have ha proved a a. great success in Germany said Senator Ride Ride- out pI My dy bill permits fifteen or more farmers to organize a a. operative co land bank for the loaning of money on homesteads homesteads home home- ads and farm lands The III plan an ia Is for these banks to issue bon bonds s as bon bonds lJ are tire is issued by school districts These bonds will be bc sold old and the mane money d derived rl d from frum roni them will wUl bo be lent to tho the farmers at an Interest sll slightly above the interest on tho the bond bontI It Is not Intended etl that these land banks baules return profits to the tho stockholders Co operative land banks binks would en enable en- en able ablo the farmer to borrow mono money on his land with which to Lo make mako his lila Improvements Im Im- and h he would not have to topa pa pay the tho monc money back for ten tea or twenty or thirty years e R. R PI Taft has recommended es cs establishment of ot these co operative land lan hanks banks I |