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Show LOCAL IOCAI INSPECTOR EXPLAINSBASIS EXPlAINS EXPlAINSBASIS EXPLAINSBASIS BASIS OF 1633 CROP LOANSThree LOANS LOANSThree Three hundred dollars is the most mostthat mostthat mostthat that any farmer may borrow foi fOl for crop cropproductlon cropproduction cropproduction productlon production loans in 1933 , Dan L Cap- Cap Capener Capener Cap-ener Cap ener - ener , field inspector for the crop pro- pro productlon production pro production - duction ductlon loan office , says in announc announc- announcing announcing announcing - ing details on the proposed 10)I 10I loar loarApplicants ) " ; , ? Apphcants Applicants who are in arrears on as asmany asmany asmany many as two previous sprevIOus loans made by bythe bythe bythe the Secretary ' of 'Of Agriculture may not notborrow notborrow notborrow borrow more than $100AdditlOnal $100Additional $100 100 $100Additional $ Additional AdditlOnal sums ( within Wlthm the limIt limItfor limitfor limitfor for each farmer ) may be borrowed for forfightmg forfighting forfighting fightmg fighting insect msect pests and plant dis diseases dis- dis diseases diseases - eases easesIn In irrigated lITigated se sections tlOns , funds may be beborro beborrowed beborrowed borro\ borro borroed borrowed \ ' ; ed up to $3 3 $ an acre to pay for forwatel forwater forwatel watel water charges such as operation andmaintenance ard and ardmamtenance ardmaintenance mamtenance maintenance , payment paym.ent . $ jof of electric electricpov electricpower electricpowel pov power . el foi fOl for pumping pumpmg , , or foi fOl for fuel and 011 oil 011for oilfor oilfor for pumpingLoans pumping pumpmg pumpingLoans . Loans will be made tor for summer fal- fal fal1 fallowmg fallowing fal fallowing - 1 lowing lowmg up to $2 2 $250 250 $ 50 an acre for anacreage an anacreage anacreage acreage not in excess of that planted- planted plantedin plantedm - ' - m in 1933 provided a first flrst lien hen is given givenon givenon givenon on all crops growing or to be planted plantedgrown , grown and harvested in m 1933 sufficient sufficientto to covel cover the advance Loans may be begrarted begrarted begrafted grarted for rates lower than these theselumts theselimits theselimits lumts limits Applicants must state foi for what whatpwposes whatpui whatpurposes pwposes pui + poses they intend to use the fundsTo fundsTo funds fundsTo To have a loan application appl1catlOn auproved approved auprovedthis approvedthis approvedthis this yeai yeal year . , a farmer must agree to re- re reduce reduce re reduce - - duce his acreage 30 per cent under underthat underthat underthat that grown in 1932 The 30 per cent cent.1thheld centwithheld centwithheld \.1thheld .1thheld withheld \ . fiom flom horn cultivation may be besown besown besown sown to soil-building soil building - crops A first firsthen firstlien firstlien hen lien on the 1933 crop is requiredThe requiredThe required requiredThe The regulations make it unlawful for forany forany forany any person to dispose dlspore of or assi assl assist t m in indisposing mdisposmg indisposing disposmg disposing of any crops given as secur secur- security secur- secur security security - - ity for any crop loan , except for theaccount the theaccount theaccount account of the Secretary of Agriculture Agricultureand Agricultureand Agricultureand and provide for fine fme and imprisonment imprison imprISOn- imprISOnment imprisonment - ment foi fOl for violation violatlOn of such regulation regulationThe regulationThe regulationThe The regulations require reqwre that each eachborrower eachborrower eachborrower borrower agree to ' plant 'Plant a garden for forhIS forhis forhis hIS home use and to plant sufficientacreage sufficient sufficientacreage sufficientacreage acreage to iprovide provide necessary hvestockfeed livestockfeed livestock hvestock livestockfeed feed feedD D L Capener , seed loan inspector inspectorwas ins ctor , was m in Moab this week receiving applications ap- ap applicatIons ap applications - - plications for loans Mr Capener has hasleft hasleft hasleft left a supply of application appl1catlon blanks blanksI blankswith blankswith blankswith I with H W Balsley , county clerk , and andthose andthose , those wishing to ask for loans should shouldI shouldcaU shouldcall shouldcall I caU call at Mr Balsley Ba1sl-ey Ba1sl ey Baisleys - s officeI office I I II |