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Show I FARMERS ASK FINANCIAL AID. Government Urged to Borrow Money to Lend Them at Low Interest. Washington. Refusal of the federal fed-eral reserve board to give agricultural interests of the country preferential discount rates has greatly disappointed disappoint-ed the farmers' organizations represented repre-sented in Washington and prompted George P. Hampton, director of the Farmers' National Council, to address a letter to Governor U. P. G. Harding of the New York federal reserve bank urging that the government borrow money for deposit in national banks to be lent, to farmers at not over 1 per cent in excess of the rate paid by the government for the money. This, he said, would enable the farmers to hold at least a portion of their crops until they can get cost of production, plus a reasonable profit. |