Decatur Daily Democrat, Volume 54, Number 74, Decatur, Adams County, 28 March 1956 — Page 8

PAGE EIGHT

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Indiana Farm Loan Agreement Extended State And Federal Agreement Signed INDIANAPOLIS — An agreement wan signed today between the state of Indiana and the United States government, making a third of a million dollars available as loan funds to Indiana farmers for five more years. The agreement was signed for Indians by Lieutenant - Governor Harold W. Handley, who is the state commissioner of agriculture. "The agreement,” Handley explained, " makes approximately $330,000 gross assets of the Indiana rural rehabilitation corporation trust fund an available source for loans to eligible farmers. “Administration of the fund is handled by the farmers home administration (not to be confused .with the federal housing administration) of the United States department of agriculture. "The agreement was authorized by a law passed by the United

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States congress in 1950, known as the rural rehabilitation corporation trust liquidation act. “The original agreement became effective in Indiana May 29. 1951, and expires May 26, 1956, Today's action extends the agreement for another five years. “Approximately SIOO,OOO from the corporation, trust fund will have been made available as loans to eligible farmers in Indiana by the end of this fiscal year. “Last year the farmers home administration loaned $4,000,000 to Indiana farmers. The money available for loans will probably be more this year. “The national administration is particularly interested by these means in helping young farmers and those who are attempting to retain and operate family-size farms. The loans may be used to i buy. enlarge, operate, develop or improve farms. “It is recognized that our farm population is declining throughout America. While this is natural because increased mechanization reduces manual labor, never-tbe-less a continued and too-rapld decline could endanger the nation's food supply. "The record of bad loans from the Indiana rural rehabilitation corporation is almost non-existent. Even counting the tonghesf years, it is only 2% of the total.” With Lieutenant-Governor Handley at the time of the signing of the new agreement were Roger S. Loughery. of Edinburg, production loan officer of the farmers home administration, and John L. Carmody, of Indianapolis, administra tion officer. > — — — - — NOTICE OF SPECIAL MEETING OF COVNTI COUNCIL AND HEARING ON ADDITIONAL APPROPRIATION Notice Is Hereby glveij that a special meeting of the Adams County Council will be held at the usual meeting place of said Council in the Court House in the City of Decatur, Indiana, at the hour of 9:00 o’clock a. ni. C. S. T. (10;00 o'clock a. m. C, D. 8. T.) on the 6th and "th days of A*>rll, 1956. for the purpose of considering and acting on Hie request of the Board of Commissioners that the sum of Four Hundred Fifty Thousand ($450,000.00J Dollar* be appropriated for the use of the Board of Trustees of the Adams County Memorial Hospital in paying the cost of enlarging said hospital, which appropriation Is in addition to all amounts provided for in the existing budget and tax levy of the county; also for the [Wow ot receiving and considering the petition fHe<TT>y owners of taxable real estate requesting the Issuance of county bonds for the purpose of obtaining funds to be applied on said hospital project, and to approve, the action of the Board of Commissioners hi authorizing the issuance of said bonds. Taxpayers may appear at the first session of the County Council to be he4d as above stated, and be heard In respect to satd additional appropriation. Any additional appropriation as finally made will be automatically referred to the State Board of Tax Commissioners, which Board will hold a hearing at the office of the County Auditor. At such hearing taxpayers objecting to such additional appropriation may be heard, and taxpavers may Inquire of the County Auditor as to the date of such hearing. Dated tills 19lh day of March, 1954. FRANK KTTSON, Auditor of Adams County March 21-28 If you have something to sell O' rooms for rent try a Democrat Want Ad. It brings result!.

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Prediction Os Farm Bill Veto Is Challenged Asserts Benson Is Talking Through'Hat In Forecasting Veto WASHINGTON (INS)—Sen. Al ten J. Ellender (D La.), said today that agriculture secretary Ezra Taft Benson "is talking through bis hat” in forecasting a veto of the farm bill. Beason’s new prediction that President Eisenhower will veto the bill came .after houae and senate conferees approved restoration of 90 per cent price supports on basic crops for one year. This was a blow to the administration, but the conferees folowed up with another just as hard for Benson to take. This was approval of the dual parity plan. Benson told a news conference It was “indefensible” and "largely political log-rolling.” The dual parity plan provides that the secretary must use the higher of either the old or new yardstick in measuring fair fsjrm prices. The effect is another boost in price supports. But Ellender. chairman of the senate-house conferees, told ageporter: “1 think Mr. Eisenhower will sign the farm bill. It will give him all he asked for. Os course, there will be some gadgets he doesn't like, such as 90 per cent atiixnzwt a and Hn n 1 irarif-V TAfOimni tSttjzpVx atiu uuui jytxf ttj. has been talking veto all along. I think now he is just talking through his hat.” Sen. George D. Aiken (R Vt ). the administration's farm leader, predicted the conference report will be rejected. He said: “I seriously doubt they have the votes in either house or senate to keep rigid 90 per cent in the bill.” Ellender said the conferees w.ill continue to plug away and it could be. he said, that they will finish their work Friday. OFFICIAL RED (Continued tram Fuse One) cealed mistakes, touched up reality and caused serious errors in agriculture which the central committee of the party was now busy correcting. Khrushchev Trace MOSCOW (INS) — Western observers in Moscow said jtoday the unsigned article in Pravda denouncing the Stalin regime showed traces of having been written by Nikita Khrushchev. The Communist party first secretary touched off the attack on the late dictator six weeks ago during the party congress. If you have something to sell or rooms for rent, try a Democrat Want Ad. It brings results.

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Egyptian Minister In Attack On U. S. States U. S. Victim Os World Zionism CAIRO (INS) — An Egyptian cabinet minister, in the bitterest attack on the United States in months, charged today that the V. S. was a victim of “world Zionism” and British imperialism. Minister of state Anwar Sadat, a confidant of premier Rama! Alt del Nasser, was author of an article entitled “The Poor American People” in the government • owned newspaper Al Goumhouria. Sadat demanded enforcement of the 1947 United Nations resolutions on Palestine. Then he called tor a new George Washington to lead the U.S. and “to create in America a free and Independent state with a free and independent policy.” “We hope," Sadat said. “Mr. Eisenhower will be the new Washington.” Editorials in all the controlled Egyptian newspapers said the U. S. was trying to obscure the Middle East problem by taking the Arab-Israeli dispute to the United Nations security council. One newspaper said “the Arab countries have lost their respect for any confidence in the United Nations. * Reds Promise Aid (INS) — Russia promised today to build industrial factories and an atomic laboratory in Egypt in exchange lor cotton and other Egyptian products. \ The promise was made by Nikolai Melnikov, leader of a Soviet overseas technical aid mission in Cairo, in a one-thousand word interview carried under banner headlines in all Cairo newspapers. Melnikov said Russia also was prepared to supply Egypt with uranium and to explore her deserts for possible uranium deposits. He said four (Russian scientists would arrive soon in Cairo to help build an atomic laboratory under an agreement signed by an Egyptian delegation in Moscow last month. Jobless Pay Claims Decrease In State INDIANAPOLIS (INS) —• The Indiana employment security division today reported a 3,300 decrease in unemployment insurance last week in the state. Two-thirds of the agency’s 30 offlees shared in the drop to 43,270 claims total. A year ago at the same time, the total was 35,300. SEN. KEFAUVER (Continued From Page Ons) • McKinney appears to be leading a presidential movement for Harriman in the mid West where the governor is weak. Indiana state Democratic chairman Charles E. Skillen has come out in support of. Stevenson.

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WEDNESDAY. MARCH 28, 1956