Show borrowers may pay into fund for future protection land bank head announces means for paying loons loam in expected loan lean years A new plan whereby farmer borrowers can protect their future by making payments into a now new future payment fund hats has been inaugurated by the federal land bank of berkeley president charles parker announced last week these funds are designed specifically to protect the farmer against future lean years and will not be applied on the loan until the farmer so instructs the land bank unless he Is unable to make his regular pa pay y mants ments in that case the fund will be applied automatically future payment funds will draw interest at the same rate the farmer armer pays on his mortgage loan mr parker said in addition president parker also pointed out that such funds would make a real contribution to 0 national a defense A future payment fund created by farmers under this plan will increase the amount available for the tha federal land bank to invest in government securities that moans that while th abb farmer farmer Is protecting his farm faria and home tor for the future and while hla his money Is earning a good rate of interest ho he Is also doing service for national defense through reinvestment by the land bank with improved farm prices mr air parker said most farmers are now enjoying a higher income than they have in a great number of years it Is now when times are bright that farmers should commence preparing for the time when conditions may be ba less favorable |