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Show FIINBF08 THE FARMERS I Treasury and Agricultural De. partments to Jointly Admire . ister $5,000,000 in the Drought Districts. WASHINGTON, Aug 1. Regula. tlons under which drought-strickei! I farmers of the northwest and south- j west may obtain loans for seed from tho ?5,000,000 fund set aslso ror that purpose by President Wilson were announced an-nounced today by the treasury and agricultural departments which vrill administer the fund jointly. Onb; farmers whose credit and resources al ready are exhausted and who consequently conse-quently cannot get advances privately from banks may participate. j Loans, will be limited to $3 per acre, i with a maximum of $300 and will be payable at six per cent October 1, ' 1919, in southern districts and NoTem- ber 1, 1919, In northern districts. Federal Fed-eral land banks will make and collect tho loans after department of agricul- j ture agents have Investigated and ap- t proved the applications. Applicants "j must agree to use seeds and methods ) approved by the department of agriculture. agri-culture. The money will not be ad- I vanced until tho seeding is completed, 1 but a certificate will be given as the J basis for temporary credit, Eacn 3 borrower will be required to agree j that if his wheat yield Is seven bush- els or more per acre he will pa7 j twenty-five per cent of his loan into j a guaranty fund to cover possible losses to .the government Applicants for loans, or banks wishing to assist, are to apply to tho federal land bank 1 of tholr district j i |