The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-07
ADVANCES this YEAR,
WILL Be Limited IO|
$500 PER APPLICANT
Government Regulations Are
Announced Here BY IN.
spector J. A. Kramer
$50, 100000 Is AVAILABLE
Department Of Agriculture Re.
quires First Liens on
Crops For Loans
$50, ooo,o 900 Is AVAILABLE

Farmers obtaining federal crop
production loans this year win be re-
quired to reduce their acreage 80 per
cent from last year, 1t is announced
by Joseph A. Kramer, inspector for
the district including Burleigh, KID
der and Sheridan counties.
Kramer expects application blanks
and other material here In the next
day or two. making it possible for
farmers In this district to make ap.
plication In the near future.
The inspector said that though
crop mortgages In North Dakota are
outlawed, the federal government will
be privileged to take first liens on
crops when loans are made. The
government will not make loans UNI
less 1t obtains first liens on the
crops.
Loans will be limited to $500 this
year. Last year, when loans were
limited to 500, the government ad-
vanced an average Of $l26 to 507, 632
farmers. Loans this year, bearing
five and one-half per cent interest,
to be deducted when the loans are
made, viii be due next Oct. 81.
$90,000,0ee Available
A total Of 500, 600 900 will be avail
able for crop production loans, e.
OOO, 900 Of which is available for live
stock feed In drought-or storm
stricken areas.
Charging q fee for preparation Of
q borrowers application for q pro-
duction loan Is expressly forbidden
this year, with imprisonment and fine
provided Is punishment for violators.
Loans to farmers who are In ar
rearS on as many as two previous
loans made by the secretary Of agri-
culture will be limited to 500 each
this year, according to Kramer's In
structions.
The 30-per-cent reduction regula-
ton will not apply to applicants for
loans who this year plant no more
than eight acres Of cotton, two and
one-half acres Of tobacco, 20 acres Of
wheat, 20 acres Of corn, two and one.
half acres OF truck crops, IL acres Of
sugar beets. eight acres Of potatoes.
30 acres Of rice and eight acres Of
peanuts.
The remaining regulations are sim
liar to those In force last year. The
government demands an absolute first
lien on all Of the crops grown by the
borrower. In counties where fertilix-
er Is not commonly used. the rate. Of
loans must not exceed 8 an acre for
general field crops and $l2 an acre
for truck crops, including potatoes.
A part OF the loans. not to exceed 81
an acre, may be used for repairs
and miscellaneous expenses Of pro-
duction other than seed. fertilizer.
feed for workstock and fuel and oil
for tractors.
Other Uses Provided
Special provision is made for addi-
tional loans-within the maximum al
lowed per farmer-for the purchase
Of materials for spraying and busting
to protect crops from insects and dis.
eases; for payment Of water charges.
electric power, ETC., necessary for pro.
duction on irrigated land: for produc.
tion expenses including. employment
Of land labor on sugar beets. cane
sugar, hops and rice.
In addition to the acreage reduc.
tion required. borrowers must agree
to plant gardens for home use and
sufficient acreages Of feed crops to
supply feed for their livestock. Acre.
age taken out of cash crop production
may be planted to any soil-butldtng
crop.
Loans win be made to farmers
who are unable to obtain loans for
crop production during the year 1888
from other sources" No loans win be
made to any applicant who has .
means Of livelihood other than farm
ing. Loans win not be made for the
purchase Of machinery or livestock.
or for the payment Of taxes, debts or
interest on debts, or for feeding live
stock other than workstock used tn
crop production. ~
Committee Must Approve
An application for . loan. accom-
panied by the necessary crop lien.
win be passed on first BY county Cd
visory committees. II the county
committee and the field inspector
certify the application, 1t viii b for.
warded to the regional field office tor
approval ana disbursement.
The regional office for this district
Is Ut Minneapolis. Territory In this
region includes Iowa. Minnesota.
North and South DaiIota, Wisconsin,
Montana. the northern peninsula Of
Michigan, Warrington, Oregon and
part Of Idaho (north Of and INCLUDE
ing Idaho county,.
Kramer maintains his headquarters
In the World War Memorial building
here, In the office Of H. q. Putnam,
Burleieh county agricultural agent.
I Any farmer desiring information
regarding federal loans = requested
to communicate with the inspector.