The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-03-09
|, BOARD GIVES
REQUIREMENTS
FOR SEED
reduction in Acreage, Garden
and Feed Paintings are now
Necessary; Blanks to be
Had from Agent

ha required this year of farmers
who procure crop production loans,
secretary of Agriculture Arthur
NJ HYDE announced today in max
ing public the regulations govern
ing the 1888 loans.
In making available for crop
production loans this year $780,
100000 of Reconstruction Finance
Corporation funds, Congress spec
flied that the Secretary of Agri-
culture might require, as a condi-
tion of any loan, "that the borrow
err agree to reduce his acreage or
production program on such basis,
not to exceed 30 percent, as may
be determined by the Secretary. :
The Secretary's regulations, how
ever, stipulate that acreage reduc-
ton will not be required of farm
ers who in 1888, planted no more
than s acres of cotton; 2 1-2 acres
of tobacco; DO acres of wheat; 20
acres of corn; 2 1-2 acres OF truck
crops; IL acres of sugar beets; 8
acres of potatoes; 80 acres of rice
and s acres of peanuts.
Farmers seeking crop produc-
ton loans this year are advised
to obtain application blanks and
copies of the regulations in their
home counties, rather than from
Washington. Field agents of the
Crop Production Loan Office are
now designating representatives in
each farming county to inform the
prospective borrowers Of the re-
quirements governing loans and to
distribute application blanks and
other necessary forms. These
agents will assist farmers in fill
ing out applications, without any
charge.
Accompanying the required 80
percent reduction in acreage plant
ed to cash crops, above the estab-
hshed minimum, the 1893 regula-
tons limit the amount available to
any farmer to 5000. In 1882, crop
production loans were made to
507,632 farmers, averaging $126
each. No loan in excess of 500
will be made to any applicant who
Is in arrears on as many as two
previous loans made by the Secre-
tary of Agriculture. AS last year,
interest is fixed at 5 1-2 percent,
to be deducted when the advance is
made. All notes are due October
81, 1888. Advances to borrowers
may be made in installments, the
regulations state, inasmuch as ex-
penditures for crop production are
usually made over ca considerable
period.
One million dollars of the $780,
100000 funds is available for live
stock feed in drought or storm
stricken areas.
charging a fee for the prepara-
ton of a borrowers application is
expressly forbidden this year in
Section 8 of Act of Congress au-
thorizing the crop production
loans. Congress further declared
tnese loan funds Ito be impressed
WIN a trust to accomplish the pur-
poses provided for by this resolu-
uon-and it shall be unlawful for
any person to make any material
iaise representation for the pur-
pose OF obtaining any loan or to
assist IN obtaining such loan or to
u.spoSe OF or assist in disposing
VI any crops given as security for
any loan made under authority of
'nis resolution, except for the ac-
count of the Secretary of Agri-
culture, and for the purpose of
carrying out the provisions of this
resolution.
Teeth for Section 8 are provided
N ause which orders a fine not
succeeding $1,000 or imprisonment
oe exceeding six months, or both
-. any person found guilty of vio
.s.lng the above provisions.
Inc remaining regulations an
ouneed by Secretary Hyde are
nlar to those in force last year.
am absolute first lien on all of
e erops grown by the borrower
- 1883 is required by the act. In
ua1ies where fertilizer is not
lmoniy used, the rate of loans
s1 not exceed So an acre for
s snsral field crops, and SIP an
,.. i'r truck crops, including po-
'a'0es. In counties where fertiliz-