Show US Us S government GREATEST BAKER juna guns fifty two financing in itutti ona with investment t f two billion dollari thirty nine agricultural A MERICA S biggest banker today is ia the federal which Is now operating fifty ano financing sas pro fessor john hanna ot columbia uni versify in the american bankers As A Boci atlon journal forty ot of these are oi boned tied entirely by the government he says in twelve more the government has al ready a two tio third interest thirty seven are Inter intended int ende ideA to be permanent twenty f lie five of 0 the permanent over ine and fourteen of the temporary onet tire are syri cultural the capital lock acock held by the united states lu ju these banks has a par value alue of 1180 the got coi B total Ini investment estment is near ly 2 0 0 resources of these there ex ei eed 3 0 0 in the has de tailed over fiat one mortgage n balks bahs operating under federal chart tr the rh canei uncut also aleo 4 COO local loan assoria lions 11 nith ith federal charters all thin thia tale takes 0 DO o account of the relations of the government lovern ment to the kvelve fed eral deml reserve banks nor mor of the au lhorty recently given to the recon finance corporation to buy preferred stock in national ana state commercial banks consolidation called for tho the president has ordered the consolidation ot of the agricultural credit agencies nto into the new farm credit administration says pro r ilantha lie ile expresses the that bethie the consolita consolida cons con ollda solida lion ion ot of the agricultural financing agencies too much machiner had ad been created to administer the financing institutions v hichi the government either owns or super aises vises I 1 edif ting irions represent a consider considerable abit differentiation ot of tune tion and any consolidation should ix be preceded by a careful survey of tle tie actual activities ot of the various institutions he be continues the only y consolidation tue the Adminis tra tion lion has announced Is ie that ot of the ail il cultural re cit agencies n the farm credit administration As it permanent 90 tiOn this arrandt ment Is 00 too oo closely bound up wit ditl pol iticE |