Publisher's Synopsis
Excerpt from The Farm Mortgage Handbook: A Book of Facts Regarding the Methods by Which the Farmers of the United States and Canada Are Financed; Especially Intended for Investors Seeking Information Regarding Investments in Farm Mortgages
The opportunities for government activity in the field of rural credit are of two kinds. In the first place there is the opportunity for ena bling acts of various kinds which will permit the organization of institutions which can meet the credit needs of farmers as those Of merchants and manufacturers are now met. In the second place, there is the need for legislation which will stan dardize and stabilize credit conditions and meth ods. In their need for standardization, rural credit institutions do not di?'er from others. The National Bank Act marked a new era in the banking history of this country because it succeeded in Standardizing the banking business.
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