Show farm debt adjustment committee to meet the question is frequently asked why so many farmers have mortgages on their property an analysis is ot of this quest on way may lead u us to ho he methods used by lenders and borr borrowers of money during tile the periods ot of prosperity during booms boom some bankers banker would lend lend tar far more mor thin thai th in 1 the normal returns from the crops could ever pay off the equally borrower would feel safe in ng beav ly to increase jiMa ease acreage or to make improvements possibly of hese items was necessary A very competent farmer recently explained explain cd it th tb a s way to a member ot of the utah farm debt adjustment staff sad he bankers are queer critters a few years ago they used to come out hete here and say cant you use a few thousand usand dollars we have plenty to lend gosh said the farmer they would ina mo n nepi eal n almalta al talta cattle hogs sheep or anything the sky was the limit now after the depression and the drouth has ht us they come around and say what Is the matter ath these land and livestock mortgages we want you to liquidate or we wib foreclose many fany farmers were facing evic fin bankruptcy poverty they produce adyth ng because of the drouth tilley they sell iny thing because there were no markets nark ets things were atre desperate lor for both debtor and creditor and often resentment ran high it was during this period that birth was given to the ithe farm debt adjustment movement the governors of rocity three states set up farm debt adjustment organization utah was among them by asking fair minded men mean to volunteer chely their services tor for the purpose jt if trying to discover ways and means of successfully meeting this on and removing the necessity of creditors foreclosing tor eslos ng their mortgages in utah the organization Is still function ng ninety men ir in the counties of the state stale constitute these committees and every person either lender leader or borrower Is to take his com cimpl pleated bated farm fann debt problem to a member of 00 the county committee or to the agular monthly mt etting mt ing ting the tae mering tor ifor june will be held at the bank of southern utah in cedar city wednesday june 15 at 9 3 0 a in the county committee bouss s t f the following demb rs ira jim C robinson ot of parowan carowan and ieli hell W V jones and parley E and non of cedar city |