150 THE AGRICULTURAL BLOC 



desires was continued. At one of the meetings 

 of the Senate group this spring there were 

 present representatives of the leading farm or- 

 ganizations who spoke for the national head- 

 quarters of practically all the organized farm- 

 ers in the United States. After hearing these 

 men together with other experts on the sub- 

 ject of rural credits a special committee was 

 appointed to make further studies before a bill 

 should be selected to have the support of the 

 entire group. 



This new program included the following 

 measures : 



Farm credits legislation — The enactment of 

 a bill or a combination measure which would 

 meet the requirements so clearly set forth by 

 the Joint Commission of Agricultural Inquiry: 



Extending the War Finance Corporation until 

 the need for special credit had passed or new 

 rural credit legislation had been enacted : 



The removal of the $10,000 limit on Federal 

 Land Bank loans in order to enable loans to 

 be made in states where the average value of 

 farms and buildings was more than twice the 

 old limit. The average value of farms of the 

 entire United States for the 1920 census was 

 $12,084, compared to $6,444 in 1910. The limit 



