Show BANKERS ASKED TO HELP MOVE CROPS LETTER IS ADDRESSED BY FEDRAL FED FED- ERAL RAL RESERVE BOARD TO TWELVE REGIONAL BANKS Action Taken to Forestall Any Possibility Possibility Pos Pos- sl of of Crops This Fall or Lack of Financial Accommodation Accommodation to tc Move Them vi Preliminary Preliminary p plans ns designed designed de de- de si signed ned to make make resources i f tHe Be fed federal ral reserve system in the annual fall movement of crops have been worked out by the federal r re reserve serve board Writing to the twelve regi regional nal banks the board pointed out In a letter made public Monday how members of the system may help to finance the crop movement The boards board's action wa was taken the letter says to forestall any possibility of congestion of crops this fall or lack of financial accommodation to move them and to to avoid a recurrence of the stringency which in the past has marked this movement Although the board applies its plan to wheat corn and all other cereals it devotes most attention to the cotton cotton cot cot- cotton ton crop which It says is peculiarly sensitive to abnormal conditions such as now exist in the export trade Usually the crop movement has has' been taken c care re of by government deposits deposits de de- de- de posits in banks or the issue of emergency emer 1 I gency currency under the Aldrich Aldrich- Vreeland act which expired last I month In place-of place these agencies the board states there is ample authority i in the federal reserve act to meet the I situation this f fall ll I |