The midland journal. (Rising Sun, Md.) 1885-1947, 1930-09-05

states for relief Of the farmers in the
drought areas were not halted. Pres
ident Hoover appointed federal re-
lief committee. headed by Secretary
of Agriculture Hyde and including
Chairmen Alexander Legge of the fed
eral farm board; Paul Bestor, chair
man Of the federal farm loan board;
Roy Young, chairman of the federal
reserve board; John Barton Payne,
chairman of the American Red Cross;
Under-secretary Of the Treasury Og-
den Mills; Henry NJ. Robinson, presi-
dent of the First National bank of
Los Angeles, and r. H. Ashton Of
Evanston, ILL.,, president of the Ameri-
can Railway association.
Governors Of the various states re-
ported to Washington that they were
moving rapidly in the creation Of their
organizations.
EIRST action Of the federal COM
Il mittee was to lay plans for finan-
cial relief with the federal intermedi-
ate credit bank system as the princi-
pal unit. The plans called, first, for
the creation of state and local credit
corporations by bankers and business
men through which farmers may OBJ
tain seed and feed loans. The corpor-
atoms will sign the notes over to the
credit banks, which will advance the
capital obtained from the flotation of
debentures on the investment market.
Secretary Hyde estimated roughly
that a maximum Of $2O,OO0,000 will be
required Of the credit banks, what
ever more is needed coming from pri-
vate sources. -
Mr.. Hyde announced that the De-
partment sof Agriculture wills make
available for seed loans approximate.
ly $4,000 remaining from $6,OOO.-
600 appropriation provided by con-
gress.. The use of this money, how
ever, is limited to specified areas and
will be distributed largely in Indiana.
Ohio, Virginia, Missouri and Montana.
John Barton Payne, chairman of the
American Red Cross, said that his or
ganization has 100000 available for
emergency work and does not contem-
plate an appeal to the public. at least
until the fund is exhausted.
In order to furnish employment for
farmers without livelihood as result
Of the drought. the Department of Ag-
riculture has made Immediately avail
able to the states $121 ,S57, 900 in fed
eral aid road funds which ordinarily
would not have been apportioned until
January /. This action was taken at
the urgent request Of President
Hoover. ,s.
The federal farm board announced
the extension of $5,0O0,OOO credit to
the Inter-Mountain Live Stock Crow.
ers' association, which will facilitate
the shipping of live stock to pastures.
INTEREST in aviation conferred in
Chicago, where the national air
races opened and toward which men
and women contestants in the air der
bies were racing from various parts
Of the country. Nearly every promi-
nent American aviator was there, and
so were some of the best flyers Of Eu-
rope. A varied program of speed con-
tests. stunt flying, and other ex-
hibitions was offered the immense
throng of spectators that flocked to
Chicago from all parts Of the Union.
Before the races began, the first ma
tional air conference was held for
three days on the downtown campus
of Northwestern university. with the
nations chief authorities on aeronau-
tics in attendance. The conference
recommended the adoption by the
states of federal laws regulating air
ports, airplanes and air transportation.
in order to secure uniformity. The
states also were urged to authorize
municipalities to purchase, maintain
and police airports. tse
The conference recommended the
establishment Of comprehensive sys-
tenn of national airways. giving equal
consideration to all sections without
regard to population density. but CIV
ing greatest consideration where topo-
graphical conditions are unfavorable
to flying.
TALE JACK SON and Forest
- O'Brine. st. Louis endurance fly
ers, didn't stay in the air for thou
sand hours. as they threatened. but
descended when they had established
the new mark of CAT hours % minutes
and 80 seconds. Their motor devel-
oped trouble, forcing them to alight.