Salt Lake Telegram | 1933-07-15 | Page 11 | King Seeks Loan for Potash Development

King Seeks Loan loan for fora Potash Development a Senator William Willi H. H King is i doing all al 11 in his h power to secure sure a loan lon from the ie Reconstruction Finance corporation corpora corpora- corra tion ion to develop potash poth deposits near Salduro Utah The senator telegraphed Gus Gu P. P Jackman Backan secretary of the te chamber chaber of f commerce Saturday that tt he was wa working with the necessary committees comit commit commit- tees te ces to see if i the loan could be ob oh- ob Mr M. M Backman Backma hd previously had asked aked the he senator to if federal see i money money could be borrowed for the te project pointing out that development of ot the deposits at Salduro w would uld open up a anew anew anew new industry for the state that would provide employment and give farmers farm farm- f. f I ers rs cheap fertilizer I