OCR Text |
Show I AUTHORIZE LOAN FOR IDAHO FARMERS WASHINGTON. May 13. A loan of I 11,614,000 to the Idaho Agricultural j Loan company of 1'ocatello wax authorized au-thorized yesterday by the war finance corporation. In conjunction with Ida' ho and Ball Lake banki (or tho spe- I eific purpose of making loans io farm- J ers In southeoatorn Idaho. This is i he ij rgi it slngli los d made In i he northwest with the exception of he sugar loans made last winter in I This loan has been made with tit--1 understanding and agreement! upon the pari "t banks in s'.iit Lake and In daho that In the svenl of losses duo to the inability of farmers to repay I heir loans, the banks shall ,6tand -0 per cent of the losses. The corporation has n'.so made livestock live-stock loans of fl 23,000 In Wyoming. |