Business & Finance: Federal Farmers

The heads of the twelve Federal Land Banks probably know more about farm real estate conditions than any other dozen men in the U. S. Their institutions, organized during the War to lend farmers money on mortgages, represent the most successful effort in the U. S. to provide cheap, long-term agricultural credit. Last week with all twelve Land Bank presidents in Washington for a conference with the Farm Credit Administration, an alert Wall Street Journal newshawk obtained a comprehensive survey of farm real estate conditions without leaving the city. Since the Land Banks...