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Show LIVESTOCK MEN ASK RELIEF. Possible Destruction of Industry Through Curtailment of Loans. Washington. Relief from what was described as possible "destruction of the livestock industry," through curtailment cur-tailment of banking loans, lwas sought from the federal reserve board by a committee of livestock producers. They asked the board to encourage banks of the reserve system to aid them financially In raising and marketing market-ing their product. The committee, which came as the representatives of a Chicago conference confer-ence of producers, packers and bankers, bank-ers, predicted dire consequences to the livestock industry throughout the west unless bankers and cattle loan companies com-panies discontinue "calling" loans. They said millions of dollars in loans were maturing tills fall, and they believed be-lieved a reassurance from the board that It approved of such credit extension ex-tension by the banks would matehilly lessen the difficulties with which the livestock men have to deal. |