AMERICAN FARMERS
(Press. Assn.-
EVICTION THREATENED UNLESS HELP IS GIVEN heavy mortgage burdens
— By Telegraph — Copyrlght).
Washington, Monday. Declaring that unless Congress takes quick action, 1000 farmers in every state will be evicted from their homes through foreclosure, Representative Kleberg, of Texas, to-day introduced joint legislation urging the Government to issue a proclamation requesting the State Congress to defer foreclosure proceedings until Congress in legislature can pass mitigating legislation. It is generally believed that the legislation has a chance of adoption. As an example of the. seriousness of the situation, Mr. Kleberg eited Texas, where he says 43 per cent, of the owner-operative. farms are at present mortgaged for more than 500,000,000 dollars. All the principal agricultural organisations endorse the legislation.
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Rotorua Morning Post, Volume 2, Issue 439, 25 January 1933, Page 5
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121AMERICAN FARMERS Rotorua Morning Post, Volume 2, Issue 439, 25 January 1933, Page 5
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