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Show FSA Borrowers Show Gain During Year Ended Says Dunkley Farm families from the Arizona Strip, Clark and Lincoln counties, Nevada and Washington and Kane counties, Utah, who started the 1938 crop year as typical Farm Security administration borrowers bor-rowers ended the year with more eggs in their baskets, more milk foaming in their pails, more meat and vegetables steaming on the table and stored away, and more cash in their pockets. These are conclusions of a survey sur-vey made recently by the local FSA office handling the farm rehabilitation program in this district. According to Willis R. Dunkley, who is in charge, the economic progress made by local rehabilitation rehabilita-tion borrowers since they first came to Farm Security for help, compares favorably with the records of 232,947 families surveyed sur-veyed a short time ago in the United States as a whole. This investigation showed that each-family each-family had gained an average 37.4 per cent in net worth while operating oper-ating under FSA farm and home management plans, over and above all debts and their obligations obliga-tions to the government. Money Repaid At the same time a large per-(Centbiued per-(Centbiued on page four) FSA Borrowers (Continued front first page) centage of money owed on the rehabilitation loans was repaid, even though most loans were made for a period of five years. "These facts are impressive, especially when you consider that none of our borrowers was considered con-sidered a sound credit risk by any-other any-other lending agency a short time ago", Mr. Dunkley says. "I am even more impressed by the increase in production of vegetables and other foods for self-maintenance which is now emphasized by our Farm Security administration families. Higher living standards made possible by careful farm and home planning are only partly dependent upon increased cash income. Our local farmers are learning this truth more clearly every day, to their benefit. But the great savings made possible by home production of food for the family and feed for livestock can be measured in hard cash, too, as the increase in net worth of our borrowers is proving". The national Farm Security administration survey found that families farming under its program pro-gram up to the end of 1938 had raised their average net worth $710.80 in Utah; $522.01 in Arizona; Ari-zona; $396.87 in California and $1,390.13 in Nevada. The national nation-al average was $265 and for all western states $187. Farm Security administration makes rehabilitation loans only to needy farmers who are unable to obtain adequate credit from any other source, under a plan of "supervised credit" which promotes pro-motes sound farming practices, cost accounting and home management. Marriage Licenses . . . Karl Joseph Krauss of Cleveland, Cleve-land, Ohio, and Edythe Maybelle Meredith, of Cincinatti, July 20. Redinel Tolemo and Lucile Ann Adams of Las Vegas, July 20. Arthur Rowley Jones, Cedar City and Fay Violet Shamo, of Hurricane. July 25. |