| Show and part of consolidate offices on oil november 1 the farm security administration officio for foi garfield kane and pluto counties in utah and north coconino county in arizona became a field office of the newly new ly creat ed farmers home administration and rell P F argyle formerly supervisor was named interim riia supervisor the 1 I he re christening signalized signalizes the merger of 0 tile the farm security administration and the emergency crop and reed feed loan division of the farm credit adman into the new farmers home administration which will carry on from where the other agencies left ott off argyle said that the consol consolidation ld of the two agencies will not curtail services for the tinie time being all and offices will continue in operation as before but under a new name and with new nev loan policies es which greatly expand their services sen ices to farm timers ers the new farmers home administration argyle said will du do everything that its two predecessors did and these things besides 1 give priority to veterans ot of all wars special eligibility was formerly foi merly given only to world wa ai r 11 II v veterans et erans 2 slake make 40 year loans at 3 per cent interest tor for the enlargement of undersized sized farms or for development or improvement of canil ay iy type farms 3 males make long term low inter es est t 1 loans bans to disabled veterans for foi tile enlargement of undersized under sized farms or for the development or improvement of family type farms 4 make operating loans of up to in any one year hitherto such loans could not exceed 2500 argyle said loans will be made only to borrowers who are unable to obtain adequate credit at reasonable rates and terms from other sources sluices ile he said congress defined reasonable rates as those prevailing pi ev ailing I 1 in the community 0 nini unity but not exceeding five per cent |
