Kankakee Valley Post, Volume 1, Number 10, DeMotte, Jasper County, 29 September 1932 — Farm Credit Corporations Will Benefit the Farmers [ARTICLE]

Farm Credit Corporations Will Benefit the Farmers

Farmers of the Middle West and the West will be the first to benefit from the operation of the new Agricultural Credit corporations which are being as a part of the far-flung activities of the Reconstruction Finance corporation. These corporations, now being organized in ten land bank districts, are to finance farm operations of all kinds with special reference at first to putting the live stock industry on a sound basis. Later, attention will be given to the farmer who raises wheat, corn and other crops, the plan being to aid agriculture on the broadest possible basis. When one hears, as he does now and then, that the farmers of the country are dissatisfied with the present administration, one wonders if they realize that more has been done for them, and more is continuing to be done for them, than ever before in any administration of any party since the Republic was founded. The benefits to be derived, and which are just beginning to be felt in many sections, might have been in operation several months earlier had it not been for the opposition of a Democratic House, led by Democratic vice-presidential candidate, Garner.