Show r. r r I ri About Application j E for Jor r 3 Farm Loans c In a communication from Director of f the Utah Exten Exten- j j slon aion service to County Agent Arent Mr Peterson explains that William H H. Wolf Agent Farm Loan Commission fr tr er at Berkeley California indicates Indicate that local secretaries of the National Nation Loan xon Associations may negotiate Farm Loan Commissioner Loans but essentially essen euen- tWI Bally these theae loans will be taken care of f by a correspondent to be located in inthe inthe the Count County Agents Agent's office The Hie County Agent Is 11 reque requested ed to furnish office space pace and facilities for web such correspondent The Farm Loan Commissioner will reimburse the correspondent correspondent correspondent cor cor- respondent for his hll services Reimbursement Rew- Rew b will not be by per diem al allowance allowance al- al lowance or per pet month allowance but butIs butis Is 1 limited to S H of 1 per cent o on on the Farm Parm Loan Commissioner i h Lo Loans n. n ac actually acs closed In other words woods If It a cor correspondent cor ft respondent assists a farmer fanner In in tn making application for a aloan l loan n of 1500 and this loan Joan 1 is granted the correspondent WIll wil later be paid 2500 2900 by the Federal i government nt In th the th t operation of the lo loans there Is 11 one feature that needs continued Interpretation For Instance 11 Ifa needs a s regular Land Bank loan or orr adjustment of such luch loan he helU will lU mike make applications application to the secreta secretary of 01 a Farm Loan Association but if he needs a a Farm Loan Commissioner Loan his hit application would be made out by the correspondent In the Count County County Coun Coun- t ty Agents Agent's office The com correspondent Is 11 reimbursed only for tor a loan that Is fin finally aU granted through applications made out by him lm Definite instructions and applies applies- tlona tiara will come from Mr Wolfs Wolf's office in the very near future which will have havethe havethe havethe the effect of or clearing up the details necessary f fork for or i farmers lannen to obtain loans It U Is I. hoped Mr Peterson that through the above arrangement two things can be done 1 m Assist Federal Loan Loin officers officer and farmers farmen b by expediting applications for loans Joena and turn away hore who ho are re not clearly ell eligible under the regulations regu lations to receive loans loana 2 To make mate it easier for farmers to get let a clear understanding un understanding un- un of what is 11 possible by wa way of obtaining money when they actually actual actual- ly need It H. |