Show STOCK LOAN IDEA OUTLINED Federal Bank Officials Speak At Dinner In Weber Club InI I Directors Director of or the Ogden Oden Oid n cham Cham- Chambel chamber her ber of or commerce tendered a din din- din dinner nor ner at the thc Weber eb r club I night In honor of ot It K A Cooper I II of or the farm farni loan oan I I board of at A C II I Wil- Wil liam IIams and G H II Thomas Thoma members of oC the board boud and Williard membenI 0 a El- El Us El-Us I Its lis president of or the federal land landI I bank at Berkeley Cal Mr I Ellis III Is a former I The Tho meeting was as na arranged under the tho direction of th the live IIvo stock committee of or the Ogden chamber or of commerce of or which L F t F Whit Whit- Whitlock Whitlock lock Is chairman In addition It woo was attended by presIdents of ot all au Ogden banks bank James Brennan manager of oC the tho th American Packing G compan and anum- anum a nurn- nurn num bet of or live stock men resIding In Ogden J Orson Douglas vice of oC the lh chamber of or comm commerce rt pre pre-I pre presided sided d and Introduced James II It Do- Do DC Ine Inc who vho acted as a toastmaster TO Mr Cooper said he h and hi his part were ere l lolling il the lh points In the live IIvo stock region to 10 outlIne to stock Block men and bankers banker methods ot of building up the cattle an and t sheep through the tho th use ue u of or credit extended by the intermediate cred cred- credIt cred- cred credit credit it banks bank ban I s Mr Cooper explained the Inter Inter- intermediate Inter mediate credit bank hank tem which l was as organized In 1921 1 21 when hen 12 banks were ero tut ut Into operation with witha a capital of or 5 S OpO Ott 00 each In establishing these thee banks bank the Iho th Jov go- desired to aid lId the cattle and sheep he said by en- en enabling abling ablang the lie st stock ock men men nen to 10 hold their cattle and sheep Ion long I enough to toI t tI I take advantage of ot a 0 favorable fa mar mar- market market lone ket One On reason for tor the depression or of the th cattle business he lie said ald Is I because c a 0 gl eat many of or the ho cat cat- cattIe catI tie men ate ao n Hend sending Immature and breeding tock stock to 10 the lie market in or- or order order order der to 10 meet obligations when wh hen n due dueLO dueI LO 10 V TIO OCI lIe Ho urged the tho live lock men an and n ban kelS to 10 organize a 0 II ike e loin aa ThIs assocIation would make long lone time loan lonn loans to cat cat- cattle tic tle and sheep misers in this ter- ter er erI I hits paper will 1 be b tho the lIe Irie Io stock k loan a and carried b lJ I the he Intermediate credit bank Mr V who wail wai in charge charee of or li c 11 e loan loans loani rorI I the he 0 war I finance corporation IOn now no directed b bi George Georgo Brenn n ot of Og Og- Ogden Ogden den and a a son ton of James Jame Brennn Brennan the stock men ant ers erR present the support ot of the federal federal ed eral Intel mediate credit bank In Inthe lithe the handling or of o lic paper In this Mr Ir Williams told of ot the lie splendid did work orle or of o the war wr finance cot car 1 winch which was wat a of or I c nature and state that the Intel mediate CI edit bank Is de le signed permanently to aid the stock I alser LOC T 10 IJ pr Charles Hawver lawyer Jame Brennan A P l n I II U S Eccles Challe II Jl Ballon ton II II l Ho and Irod Ired Canfield e explained as t the i encountered b bl 1 ise 10 0 stock men ope in section or of o the country The opinion Ion pre pre ailed that the In- In Intermediate In Intermediate credit lank bank Is In a po position 0 materially to aid the stock men by tiding them then o ethis this period or of o depression t With Ith ith the tho exception of or l EllIs the Iho other members of ot the party deported departed for tor Denier Den Wed cd night 1 Mr 11 rm nilis left toda for Berkeley 0 1 |