The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-08-21
TEXAS FARMERS To
RECEIVE FEDERAL AID
LOANS FOR BUYING SEED TO
BE MADE FROM WAR
CHEST.

Fort Worth, Texas, Aug. 20.-ThG
vast acreage in the wheat district OF
this state which is in need of finan-
cial assistance will profit from tbs
$l00,000,000 war chest" of the presi-
dent, according to plans announced
here today by Leon NJ. Estabrook,
chief Of the Bureau of Crop Esti-
mates and special assistant to I'll.
secretary of agriculture in charge OF
loans to the drouth sufferers of the
Southwest. The district which will
receive the largest portion of the
sum includes AZ counties in the cen
ter OF the wheat district. The sum
for the southwestern district, which
includes Texas, Oklahoma and Kan
sas, is about $5,000,000 and Texas is
apportioned about $500,OJ0 of this.
Plans for the organization of the
machinery to direct the placing OF
the loans in the state and the select
ing of the counties were made at
a meeting of local bankers, field
agents and agronomists, with Mr..
Estabrook and his assistants at the
Westbrook hotel this morning. The
following counties were selected;
Hereford Ochiltree, Lipscomb,
Hutchinson, Roberts, Hemphill,
Carson, Gray, Wheeler, Deaf Smith,
Randall, Armstrong, Farmer, Cas-
tro, Swisher, Briscoe, Hale and
FLOYD in the Panhandle; Hardeman,
Foard, Wilbarger, Wichita, Clay,
Archer, Baylor, Knox, Haskell,
Throckmorton, Young, Shackelford,
Jones and Taylor, east of the Pan
handle; Mills, San Saba, Lampasas,
in Central Texas, and Gillespie,
Blanco, Travis, Hayes, .Comal, Ken
dali, Kerr, Bandera and Bexar in the
San Antonio district.
Receive Individual Applications.
In addition to these counties, in
divdual Applications will be re-
ceived from men who live in coun-
ties adjoining the selected ones.
Mr.. Estabrook estimates that about
$50 loans will be made in the state
to farmers, who will each plant
about 50 acres in wheat.
The funds for these loans will be
handled by the federal land banks
and will be given out only upon the
of Mr. Estabrook,
who will make his headquarters at
the federal land bank at Wichita,
Kan. Mr.. EStabrook said this morn
ing that the plan for the distribu-
ton OF the money is as follows:
'Only farmers who have suffered
two successive crop failures from
lrouth and who are without cash or
credit with which to purchase seed
,or planting wheat or rye for the
1919 crops, will be allowed to secure
oans. The amount is limited to 50
Der acre for an acreage not to eX-
,eed 100 acres. Farmers will give
heir promissory notes to the local
,anks, payable October |, 1919, and
secured by chattel mortgage on
he crop planted on the land men
ioned and described in the applica-
ion for the loan.
Farmers who are given these
oans will be required to promise to
to guarantee fund. They
viii be asked for l5c per acre for
very bushel of the average yield OF
heir crop, over six acres. If the
ield IS not more than six bushels
er acre they will not be asked to
ontribute. The guarantee fund will
ecompense the government for
osses the government will have to
ear on crops that are failures. In
o case will be the farmer be re-
uired to contribute more than 75c
er acre to this guarantee fund"