Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-05-20
COUNCIL OF DEFENSE
SENDS BANKERS LETTER
Appeals for Subscriptions to "Pool''
to BE Loaned to
Farmers.
AID THOSE WHO PLANT GRAIN
Virginia Committee OF American
Physicians on Medical Prepared
ness Pledges Support of Physi-
cians-Alny Take Medical Census.

AS Il beginning OF its efforts TO Sc
cure monetary assistance for the small
farmer who needs funds to pitch his
crop. the Virg inia Council Of Defense.
which has undertaken the task of
mobilizing the states resources for the
war emergency. yesterday sent :, letter
TO every bank in the state. addressed
TO the president, asking its opinion of
a plan which has been evolved by -
committee of the council for bringing
the banker and farmer together ana
inviting suggestions for its perfection.
The committee is headed by James o.
Winston.
The problem Of rendering; adequate
assistance to the Virginia farmer in
tho shortest tim" tx one Which Is now
demanding almost the entire attention
OF the Council OF Defense.
LETTER Is SENT no
ALI. BANKS ~ STATE
Tho text OF the letter sent out yes
tcrday is follows:
Dear Sir.--The Council of Defense OF
the state Of Virginia has recently gone
on record as strongly advocating
monetary assistance for tile Virginia
farmer by the formation Of a pool
OF approximately 100000. This pool
is designed 10 be used solely TO aid
those Of our farmers who need money
in order to plant the amount of grain
etc. that they should plant. but who
have not sufficient collateral TO secure
a loan from their bank in the usual
manner.
This letter Is being sent to every
banker in the state. in order that this
council may accumulate definite, CON
creto plans as to the ultimate working
out of the scheme. In order to be
properly effective. the pool must be
subscribed to by June ! at the latest.
and immediate reply Is requested
The council feels that the situation
can safely be left with the banks of
Virginia for the working out Of its
final details, but symposium Of
opinions is necessary before thar end
can be accomplished
/. VIII your hank subscribe 10 a
pool OF this nature?
.. II SO, how much?
). Please name three men whom you
nominate for the committee, ia charge
OF the Farmers Loan Fund"
Name --- bank --- ,addrcss).
4. DO you advocate the loaniuG of
the funds subscribed TO this pool al =
per cent interest. In order that tho
Mariner who has collateral sufficient TO
take care OF his needs does not apply
for funds from this pool II loaned at
a lower rate?
;. The tentative scheme Of tho
farmers loan fhud calls for an APP
portionment OF the pool in the counties
for An apportioumcut Of losses. IL any,
according TO the a9rortionmcmt Of the
loans Are YOU in favor OF this plan
II not. what do YOU suggest as sub
stitutc working schem" which can be
put into effect At once
Olcase answer III" above Questions
without delay, and return this shcc,
10 the Council OF Defense. Richmond
Va. Use separate sheet for SugGcs-
Hons, remarks, ctCD
no COLLATERAL. no BE
REQ JItED or DURRON EitS
The basis for loans under tins plan
will he iwofold: Od) the actual need
IF the applicant for the loan. and 90
lis character. No collateral as usual
Y understood viii be- required If IN"
committee in charge is satisfied that
he loan should be made. Virginia
reeds all tho crops that can possibly
PC planted and harvested. and the ma
ion expects Virginia 10 do her part
II stemminG the tide OF the imminent
God famine. This farmers loan fund"
s the bankers bit"
DR.. -. X Nanderslice. OF rhu"hus.
ecrctary OF the Virginia Committee
, American Physicians on Ncdica!
Preparedness. has sent a letter TO GOV
rnor stuart in which he pledges the
upport Of the comm!tt"" to The Cow
rnor in any defense work where their
crvic"s are desired. Governor Stuar;
las referred tho letter TO tho Couuc!!
+ Defense. The letter is as follows:
AT a meeting of the state Commit
ce OF American Physicians on Mcdi-
al Preparedness. working under tho
ERECTION Of the Council OF National
Defense. medical section. held at the
ihce OF Or Stuart Mcclure Monday
light, was instructed. as secretary.
write YOU Offering the services Of
ms committee to sou or 10 the Viz
inia Council OF Defense appointed by
on. or "a tho State in amy manner
whatsoever you Acsirc 10 utilize our
erviccs IN connection with the pres
mt national emergency"
The Virginia Council of Defense VIII
rObably nnIprtuEc medical ,.,.ps,,: