Salt Lake Telegram | 1938-05-27 | Page 17 | 3300 Farmers Secure Loans

FARMERS SECURE LOANS Regional Supervisor Gives Report More than Utah farmers farmer have lave participated in farm security security security se se- se- se administration community service loans according to word received Friday by Rodney S. S Nyman Nyman Ny- Ny man nan Salt Lake county rural rehabilitation rehabilitation re- re habilitation supervisor from the re regional regional regional re- re gional office at San Francisco Cal Cat Aside from heavy machinery the purchase of pure-bred pure sires led the theist list of community services established established through loans Jonathan Garst F S A regional director announced announced announced an an- in San Francisco that Utah farmers have borrowed California farmers Arizona farmers and Nevada farmers farmers farmers farm farm- ers Community service loans are made to small groups of low in come farmers who are personally unable to finance purchases of equipment or pure-bred pure sires alone alon The loans run for five years or less at 3 per cent interest This type of loan Mr Garst said has made it possible for small farmers to enjoy the advantages of modern farm machinery and to improve improve im im- prove their herds The low income farmers cannot operate on a mule and a plow basis and successfully successful- successful ly y compete in the market