Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-17
Government FavorS Corpora
tons to Operate Through
intermediate Banks.
POSSIBLE PROFIT SEEN
IN ASSISTING FARMERS
$121,s75, 900 Allocated by Agricul-
ture Department to Provide
Jobs-Produce Market Steady.
By the Associated Press.

By the Associated Press.
Moving swiftly with it's drought relief
program, the Government yesterday
made $121 ,875, 900 in Federal road aid
money Immediately available to the
various States.
Secretary Hyde, who announced the
ALLEGATION, said the membership Of the
national organization to work with the
States would be announced soon and
that missionaries had been sent to
$4,000 crop reporters over the country,
asking for more data on the needs in
stricken communities.
Even before the conference at the
White House Thursday, Governors who
came here in response to the call Of
President Hoover urged that the Fed
eral highway funds be made Immediate
ly available to provide emergency EN-
ployment. President Hoover instructed
the Agriculture Secretary to take any
necessary action and yesterdays move
followed.
States to Match Funds.
Ordinarily, the money would not have
been allocated until January /, 1891.
The sum advanced will be matched doll
lar for dollar by State rllnds.
An indication that the Government
favorS the formation or local credit
corporations to operate through inter-
mediate credit banks was seen in q
statement by the Agriculture Secretary
that such plan would not only help
the farmers, but might prove profitable.
With President Hoover away at his
camp, Secretary Hyde was virtually in
charge Of the drought relief program.
Rain and rain in prospect in many
dry States and reports to the Depart
ment of Agriculture that there was lit
tie evidence of forced marketing of live
stock were encouraging news today in
a situation that has been largely . sue
cession of gloomy reports.
Agriculture Department economists,
after a survey of Is leading live stock
markets, said that in many instances
stockmen were holding back cattle,
sheep and hogs that might otherwise
go to market If prices were more ia
Vorable
I'm the section that has been hit
the hardest by the drought" the de-
partment said, 'it is probable that some
stock may go to market that otherwise
would be retained on the farm IL feed
and pastureage were more plentiful.
These sections, however, have only
small proportion Of the country's live
stock supply"
Receipts of cattle at public markets
in July were Is per cent smaller than
in July, 1929, and II per cent below
the five-year average. Receipts of
calves were about the same as in July
last year, and IS per cent smaller than
the five-year average.
Receipts of hogs in July were about
IL per cent less than In July a year
ago, and for the first seven months Of
the year Federal-inspected slaughter of
hogs was rs per cent smaller than In
the same period last year.
Sheep and lamb marketing thus far
this year has been much larger than
average, because In recent years sheep
production has expanded greatly, the
department said.
Fresh Produce Prices Level.
The Agriculture Department also said
that the dry weather had not seriously
affected the retail price Of fresh prod
uce in four principal cities.
The price of fresh fruit and vege-
tables in New York did not, the report
said, show any considerable price
changes, save on few products that
have become scarce as the season ad-
vances.
In Cincinnati carlot receipts Of
vegetables were heavier than usual for
the season and were available at prac-
tically the same prices as last year.
Local supplies were scarce, but this was
offset by heavy truck receipts from dis
tances of so to 800 miles.
Prices have changed little in Pitts
burgh, the report said. but there has
Continued on Page 4, Column a.