Show Reduction In Crop Acreage Recommended Reduction of 30 per cent In the ac- ac emge planted to cash casts crops will be required this year eal of farmers who procure pro pro- procure e Cua-e cure crop production loans Secretary of Agricultural Arthur M M. Hyde Hye announced announced announced an an- today In making public the regulations governing the 1933 loans In making available for crop production pro pro pro- lonas Jonas this year rear of Reconstruction Finance Corp Corporation ration funds C Congress specified that the Se Secretary Set Sec rotary of Agriculture might require as a a. condition for any loan Ioan that the borrower agree to reduce his acreage or production program on such basis not to exceed 30 per as may maybe maybe maybe be determined by the Secretary The regulations however howe stipulate stipulate stipulate late that acreage acreage reduction will wUl not be required of farmers who In 1933 plant no more than 40 acres of wheat 20 acres of corn 2 acres of truck crops 8 acres of potatoes s. s Farmers seeking crop production loans this year are advised to obtain application blanks blanks' and copies of the regulations In their home counties rather than from Washington Field Office pre are e now designating agents of or the Crop Production Loan in n each farming county to in inform inform In- In form foan prospective borrowers borrower of the re requirements requirements reo re- governing loans and to distribute application blanks and other other other oth oth- er necessary forms These agents will assist farmers in filling out applications tons without charge Accompanying the required 30 per percent percent percent cent reduction in acreage planted to cash crops above the established minimum min min- the 1933 regulations limit It the amount available to any fanner to 00 In 1932 crop production loans were made to farmers averagIng averaging averaging ing each No loan in excess of will be made to any applicant who Is ts in arrears on as many as two pr previous leans loans made by the Secretary of Agricultural As last year ear Interest when the the advance advance is ts made All notes i i is fixed at p per r. r cent ent to be deducted ire are due October 31 1933 Advances to td borrowers may may be made in Installments Installments installments install Install- ments the regulations state inasmuch as expenditures for crop production product on 1 are usually made over a 11 considerable I period I |