Show SUIT HOLDS BACK I I HUGE HUE FARM LOANS Litigation tion on on n Validity lity of Act Is Is' Blamed WASHINGTON w May 4 4 Farm Farm loans i ans ansag ag aggregating eg m more more ro than 5 h have ve I uP by by- the by-the the litigation over the of validity Jo loan Joan ri act it developed today ait at t t the e conference of ot farm tarm loan officials dais here Commissioner Lobdell of the farm loan lo n no o board ard said a majority of f the applications for government aid had reached the stage sta where only final approval was need needed d to I i complete the loans when It became necessary necessary sary for tor the farm lo loan n banks to suspend loaning operations The general genera situation confronting the Joan loan banks and county I asso associations described by the commissioner commission regrettable as exceedingly as er Many Man banks banis he said are organizations org and marking time Until until un Un- i I til a a. court decision will permit the flotation rIots flota tion ion pf of f a a h new I issue of bonds |