Farmers Organize to Secure Federal Loans
Thirty ranchers unite to form a National Farm Loan association, hoping to secure financing for the upcoming season.
About thirty farmers gathered Tuesday afternoon in Codding hall and formed a National Farm Loan association under the provisions of the Federal Farm Loan act. M. S. Meeks acted as chairman of the meeting and Will Angle as secretary. A resolution was passed fixing the following boundaries for the local association: All that territory adjacent to the south side of the Columbia river from the west line of Benton county, east to and including the Hanford district. Also that portion of Franklin county lying along the Columbia river from White Bluffs to and including the Hanford district. Eighteen ranchers qualified by signing up the request for loans, with individual needs varying from $600 to $8,000.
“Eighteen ranchers qualified by signing up the request for loans.”
This meeting highlights the perpetual struggle of rural producers in the Columbia Basin to secure capital for land and irrigation, a challenge that remains central to the region's agricultural economy today.
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