FARM MORTGAGES
WASHINGTON, Aug. 1. A county-by-county campaign to speed refinancing farm mortgages will be undertaken by the United States Farm Credit Administration, which was authorised to lend up to £440,000,000 to farmers at the last session of Congress. Mr Henry Morgenthau, jun., Governor of the Administration, to-day explained that the campaign will be employed to expedite the mortgage refinancing programme and to supplement plans already under way in five States for buying up farm mortgages held by closed and restricted banks ta aid in their liquidation.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18193, 14 September 1933, Page 7
Word Count
87FARM MORTGAGES Poverty Bay Herald, Volume LX, Issue 18193, 14 September 1933, Page 7
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