AMERICAN AGRICULTURE
RELIEF STEPS TAKEN BY GOVERNMENT. ‘Tiec. June 14, 11 p.m.) Washington, June 13. The United States Government has taken definite steps for relieving the agricultural situation by bringing farming organisations and financial interests together to work on a plan of co-opera-tion to provide unlimited storage and finance grain production.—Aus.-N.Z. Cable Assn. FINANCING LIVTSTOCK INDUSTRY ■NECESSITY OF GOVERNMENT AID OBVIATED. (Rec. June 14, 11.45 p.m.) Washington, June 14. A group of Eastern financiers, headed by Mr. J. I’. Morgan, js pledged to finance the live stock industry to the extent of twenty-five million dollars, and Middle-west interests have agreed to supply the same amount. Tho loans will be in the form of long-term credits, of two to three years, subject to renewal. This will, obviate the necessity of Government aid being given, ns had been contemplated, because of the gravity of the situation, unless the bankers could be persuaded to be more liberal. Control will be put into the hands of a Western committee, meeting nt Chicago, to work out details. —Aus.-N.Z. Cable Assn.
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Dominion, Volume 14, Issue 223, 15 June 1921, Page 5
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175AMERICAN AGRICULTURE Dominion, Volume 14, Issue 223, 15 June 1921, Page 5
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