Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-10-22
FEDERAL FARM LOAN
HEARING ON MONDAY
'oa,I Writes Many Wcli-KnowI
Men 10 Express Their
Views
Will DETERMINE BOUNDARIES
h;Inher Of Commerce to Entertain
Members III Lunch in Honor OF
John SHELTON Wiliiams-GOvcrnn
Stunr, ANON. Speakers.

Nor" th;m 500 prominent farmers
hruueh"ut tn. state have been in
|,iicd to attoI.d the hearing here to.
morrow Of the Federal Farm Loan
joard, and to give amy Information
hat MIGHT tend 10 aid the board III
|lctcrmnin. the boundary for the loan
Flark that j. To be established ia thi5
icrttuH - provided for by the new law,
hndcr which TIL" country will be III
kidcd into twelve districts for the :,d-
OF the rural credits Law.
The board viii arrive in R,ch.nOnd
car!N Tomorrow inorniuG, aud tho
FicarinS Will begin at IN o'clock IN the
courtroom Of the United states Dis
trict Court IN" entire board. which
Us composed Of William q. McAdoo.
Secretary OF the Treasury: GcOr., w
Morris. farm loan commissioner, Her
bert Cuicii, w. :. \. Smith and churic:
IL. Lobdcil, vii! SIT at the hearing.
To facilitate the hearing Of the board.
the agriculture committee OF tho Cham
Der Of Commerce has Scut out more
than 1000 letters TO farmers through
out the state inviting them to attend
the hearing, and to give any informa-
tion Of their needs and the benefit.
70 be derived from the establishment
OF the farm loan bank as may assist
tho board IN it's work.
CHAMBER TO ENTERTAiS
BOARD ~ I.U\uHEuN
The Chamber Of Commerce has issued
invitation TO John SHELTON Williams,
Colnptroller Of Currency. to be Il guest
at the luncheon TO be given ia honor
Of the board az o'clock to-inorrow
at the Business Men's club other
guests at the luncheon Will be Gov
crnor II. &. Stuart. Mayor Gcorp. AIMS
lie. President w. II. Adams, OF the
Board Of Aldermen; President K. Lee
Peters, OF the Common Council. and
President r. ". WORKMAN. Of the cham
Der Of Commerce.
At the hearing. which viii h= TIA"
hrS;, on the Southern tour Of tn" ho...i.
farmers viii H.. asked TO vivc ini"i.-
NATION regarding tho prevailing rates
OF interest on iirst mortgage. IA"
difficulty in securing cEtcusio-s: tn,
rate Of commissions charged. III. d--
rclopiHcnt OF farms as affected by
Ia" ability OF the tenants 10 borrow.
and any other TACT that will xiv" the
board Information rs u the u.Cds
OF thc farmer IN Virginia The ucyv
law provides the way tor TIA" farmer
o. prospective farmer 10 SEIZURE loans
st low rate OF interest on Iou- time
mortgages Loans may he ln;,dc M
10 >" per cent OF The value OF ~,
propcrts. ana 20 per cent of tAe value
OF the mpG".emeuts Ca the und.
among ihoH" who Viii tesuty at
III" bearing are.
@ov"rnor Henry =. Stuart. t.m.s
He!iw God. T. ". Carrin,tou. s i,ahns,
Crfushnw, George Gregory, T. -. sandy.
Grcri;c ". Noin"r. J. Il: P.,schal II. e.
Bsatt!c. 81 tlns cry. =. H. Judy. T. j.
Terrell, OF Buckiuvh county: A. =,
Bras we'll. OF Battlchoro: President J
-. EgEicsjon. oil the Virginia poiy-
tuchnir Institute; W. II, .Fcnri.sss Nase
city Miller Brothers. Heutico County:
" " God -. +. t:bGlcaton. charlotte
Courthouse j.. W. owens, Dcuistou:/l
7. Lewis. Clark ,sv!lIc. ". W. Baker.
li"lisboro; John Il. Watkins. Md
i";.i;.n. \. L. Scott. Richmond n..lry.
\. H. TSornnill, president OF the state
Farmers Union, W. r. Hathaway.
White stone. aud Wcstmorcian, paws
l.c"Sl,ur.