| Show WESTERN FARMERS LEARNED WORLD WAR I 1 LESSON western f farmers thew their lesson from the ups and downs that emans came with the first world war at the present time with their incomes greatly augmented there them is no an wild splurging and very few are buying more land the present day farm farmer er has his feet in the clay and is b buying my 9 heads bonds with his hill surplus les this is shown ra in recent reports issued by the federal land bank and the production product credit corporation of berkeley co governing verning the states of C california lif rols utah nevada and ATI ar zura zona during the month of october wi land bank and land bank contra commissioner borrowers paid off their mort gages before maturity ringing up the cash register with during the same month cash repayments to thirty production credit associations in the same four few states tota totaled I 1 ed 6 50 this thai was done in the face of a an all time record for loans made for this month totaling 5 another interesting phase is as that there them was very little more money outstanding this october than for the same month last year other figures given out show that th at IT from am january through october cr of this year 3 farmers paid oft their hi loans os to the land bank with 6 while for the entire year of 2383 liquidated their debts with 4 in other words farmers paid off their moraga head of at schedule e in the past 22 months many Y of those not IF fortunate enough apay to pay off f in tuil full have sent in additional money to the land bank banac as payments into the future I 1 payment fund totaling 1033 these Pay payments menta we are rainy ally day funds which can be used a d athe in the future to pay installments on on thew their loans should prices price s of agricultural commodities decline or should some thing un forseen wise arise in utah 29 9 member borrowers have sent in to this fund |
