Excerpt from Colonization and Rural Development in California There is urgent need today for a credit system which will provide a longer time of payment and lower rates of interest than private enterprise can afford to offer, and which can be given through state or national aid or through the cooperation of the state and private companies. Many settlers occupying large areas of land in California are interested in such a policy. Cooperation between the state and the federal government would make possible more liberal terms ...
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Excerpt from Colonization and Rural Development in California There is urgent need today for a credit system which will provide a longer time of payment and lower rates of interest than private enterprise can afford to offer, and which can be given through state or national aid or through the cooperation of the state and private companies. Many settlers occupying large areas of land in California are interested in such a policy. Cooperation between the state and the federal government would make possible more liberal terms under the Federal Farm Loan Act. What may be done through such cooper ation is discussed under the proposed credit measure on page 28. The people of California at the next general election will have an opportunity to further state colonization by voting for the three million-dollar bond issue authorized by the legislature of 1921. Of the proceeds of this bond issue, $1, 000, 000 would reimburse the state for money already expended on the Delhi colony, and $2, would constitute a fund toward the next step in state colonization. How this sum may be used to create not one, but several, additional colonies is outlined on page 28. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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