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U.S. FARM RELIEF

LOANS NOT YET AVAILABLE FROM FUND (Australian and N.Z. Press Association) Reccf. 9 a.m. WASHINGTON, Thurs. The Farm Board announces that loans from the sum of £30,00,000 — the relief fund—held for its use will not be made to agricultural interests until the board has formulated a definite credit policy, nor will loans be made until the interests needing credit exhaust their borrowing facilities at private banks and the Federal Intermediate Credit Banks. An additional member of the board is to be appointed shortly by President Hoover. He is expected to be an expert able to deal entirely with the problem of surplus wheat.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19290719.2.117

Bibliographic details

Sun (Auckland), Volume III, Issue 719, 19 July 1929, Page 9

Word Count
106

U.S. FARM RELIEF Sun (Auckland), Volume III, Issue 719, 19 July 1929, Page 9

U.S. FARM RELIEF Sun (Auckland), Volume III, Issue 719, 19 July 1929, Page 9

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