Show SENATE 52 UN BIL SE SENATOR NATOn STANFIELD OF OREGON PRESENTS DILI BILL ASKING FOR baid FOR U S STOCKMEN i 11 war F cnance corporation to be em powered bow it red to assist banks carrying stockmen Stoc kmen no loan to run 4 over four years yeara washington D C sena for fO oregon friday introduced lila ills bill the war finance corpora 1 alo n to muke loans for tile tho benefit benella of stockmen stoc kmen the bill being entitled A bill to preserve tire tho live stock industry of tire the united states etc tho the bill indas it new section to tile tho fin rince ket empowering the ilia corporation 10 0 o make loans for periods not greater alinn iran two twi years io any honk or trust which lins loans to corpora corporations tiong or en in ili growing breeding or fee ing cattle or blicken or to tiny corporation of lan tin and responsibility on cn nl in file business of snaking at nd vances to growers rr oMers or adders any ally loon lonn made under tills this bill 1111 shall lip be upon it promissory note of fir alip borrower secured by notes MIN of fitlin or other negotiable knprr evl danchig lo 10 bonns anns ninde to stoc stockmen kmen this security to beur tile unconditional endorsement dor or of oc the borrower with of demand notice and protes prots tj jj TI of coolis roade nindo to any anny im or corporation pibil not exceed four times thile its paid up lip capital tho papers accepted rig ns security shrill lie by secured Becu reil ly by first ten lien on oil entile cattle or I 1 ila tin nn value of not lot less linn lhnn per cent of tire corporation rony it if it depins deems alse csc della ild further security tho the time of payment of these loans limy inny bo be extended but not beyond four years from tile th of the bill all conlis will bear interest tit nt fi 5 and one half per cent to finance the loans provided for b 1 tire lie stanfield IIII hill tho secretary tit fit ohp IF h authorized to to ilse or tit liny port part of tile 10 lo franchise trips y le derill reserve banks n the lip united states fes and tho ho secretary la 14 authorized to with the fell states treasurer tron surer in a no nc bet fo ant to tile lie of the war nonnce corporation na as fiscal iscel agent necessary funds to cover the lie loans loana laed the amount of this ficco account lint fit at no DO tj itco tile 0 to o exceed the amount of franchise tax Ps on linno |