The establishment of local corporations to act as intermedi detwoen drought-stricken farmers and intermediate credit banks has boon formally approved the banking representatives on the relief commissions of over a dozen States.
Farmers affected by the drought will receive loané from the inter. mediate er banks on the endorsement of the local credit corporat which will charge two per above the rate charged by the intermediate bank, which is now four per which is classed as reconstruction work—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.