Show GOVERNMENT T FARM FAR LOANS Loans made by federal banks may be limited Only farmers farmer's who are actively engaged in farming and who have pressing obligations may expect relief from the Wichita farmland farm farmland farmland land bank according to a general letter the officials of the bank have sent here The letter said The demand for loans likely will be beyond our ability to supply Anticipating this condition we must I ask that you please discourage al all all applications for loans where the applicant applicant ap ap- applicant contemplates an investment all applications which Involve solely solely solely sole sole- ly the payment of indebtedness not yet due Please limit all applications applications applications to persons actually engaged i ithe in inthe inthe n the operation of the farm mortgaged mortgagee and whose principal business is farming The interest rate will be advanced advanced ed from 5 to 5 per cent to 6 pe per percent percent r cent in order to allow the bank t to o advance advance the rate on the bonds 1 i it ot t will offer for sale This advance wilbe willbe will wil willbe be necessary to make the bonds salable salable salable sal sal- able during the present financial con con- Bonds which the bank will Issue e as a source of obtaining loaning eg g funds will wUl be 5 per cent nontaxable taxa non I ble bonds maturing In 10 years |