The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-08-28
'NACHI merry FOR
FEEDER AL LOANS
READY, HEAD
OF SYSTEM DAYS
Quamme Declares Every
thing In Readiness For
Use Of Crop Fund

Extension Of financial aid to
North Dakota farmers for the seed
ing Of winter rye with the greatest
possible speed and the least degree
OF embarrassment is the aim of the
Federal Farm Loan bank OF St. Paul,
according to E. G. Quamme, presi-
dent, who was in Fargo Tuesday for
a conference with secretary treasur-
ers of farm loan associations Of
North Dakota and northwestern
Minnesota.
"Of the 100000 set aside by the
government for farmers in states
and sections Of states which have
been hard hit by drought or other
destructive agencies, 100000 has
been apportiOned to North Dakota"
said Mr.. Quamme. This money will
be available this fall only for those
farmers who will seed winter wheat
and rye, and, under the system
which has been determined, can be
secured by such farmers with the
utmost facility.
Under the system, an Office has
been established temporarily at
Great Falls, Mont, in charge Of e. /.
Christy, assistant secretary of agri-
culture, and Prof. 4. A. Hoverstad,
who has been named loan agent for
North Dakota. After the farmer has
made application for aid through his
bank or his county agent, his ap-
plication is forwarded to Great
Falls where it is passed upon, and If
found satisfactory, a certificate of
satisfaction is at once forwarded
which will permit the farmer to Sc.
cure his seed without delay. The
annlipa finn and 10 fio-. 1rn
then forwarded from Great Falls to
st. Paul where the necessary, papers
are made up, and returned to the
bank through which application was
first made for signatures. Then the
farmer gets his money, and pays
for his grain. In this way many
days . are saved in handling the
loan.@
Loans for seed for spring plant
ing cannot Of course, be consider
ed at this time. They will! be taken
care Of next March"
That the 100000 was not intend
ed for farmers who can secure loans
from other sources, either on COL
lateral or personal ccred!t was en-
phasized by Mr.. Quamme, and the
money is not intended to stimulate
seeding Of winter wheat and rye m
sections where 1t would be inadvis-
able to do SO.
State In Fine Shape.
That conditions in North Dakora,
except in the western part, whe:s
the crops are spotted, are very good
this fall, Mr.. Quannle said he learn
cd from reports made by secretary
treasurer of farm loan associations
1T the conference Tuesday.
1T is a source Of qualification to
me to find conditions in North Dd-
kota as generally good as they are
this fall" said Mr.. Quamme. eek
cept for the western part, where the
crops are spotted, the yields, &C
cording to reports, will be large, and
the Red river valley is to have its
biggest crop in years. Even in tbs
western part, while in some DIS
trtcts crops are a total loss, the
yield on many fields will be six to
ten bushels an acre, which is quite
an item with the present prices for
grain"
Mr.. Quamme declared that it was
his opinion that the western part OF
the state should raise more cattle.
THE country is ideal for CATTLE" lie
said, land both hoofs and horns Oh
cattle I've seen there are bright ana
shiny. In Wisconsin they are spend
ing millions to combat tuberculosis III
cattle. In western North Dakota
the disease is unheard Of"
Eight Millions Loaned.
Mr.. Quamme said that more than
100000 had been loaned by theI
Federal Farm Loan bank in North
Dakota, and that the state had farm
loan assertions for every mile of it's
area, except in isolated districts, ag-
gregating in size an average county.