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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (March 14, 1957)
tage 8 Section 1 'in. CAPITAL d'OUiiWAL Salem, Oregon, Thursday, March 14, 1967 K USDA Getting Kicks on Farm Credit Paucity By OVID A. MARTIN WASHINGTON Utl Tho gov ernment Is receiving complaint from widespread farminc area that there is a shortage of credit for farmers spring operating needs. The complaints arc being ac coinpanicd by requests that the Agriculture Department fill the credit gap with its emergency loan programs. Many farmers do pend on short-term loans to pur chase seed, fertilizers and other production needs. The department already has set up emergency loan programs for all ol Mississippi and North Da kota and parts of Maine, North Carolina, South Carolina, and South Dakota, because of a short age of loan money there. These loan operations are sep aratc from emergency loans made in areas where farmers have suf fered substantial losses from drought, floods, freezes or oilier natural causes. In such areas there may not necessarily be a shortage of credit, but on inability of farmers to get loons because .they have no resources to back up loans by banks or other private lending agencies. Officials said the shortage of farm -credit in many areas is a result of the current tight money market and the ability of most lenders to invest in better-paying ana saier enterprises. Farm law authorizes the depart mont to make emergency loans where there is a need for farm credit that cannot be met for a lemporory period by banks and other lending agencies. These loans bear 3 per cent inlercst which is only about half the com mercial rate for short-term farm loans. No loan may exceed $15,000 and no loan may be made which . would cause the total short-term ' indebtedness of the farmer to ex ceed $20,000. Borrowers are given up to five years to repay. N.M.BoyOnly Polio Victim After 3 Shots NEW YORK Wl-Tho Nationnl Foundation for Infantile Paralysis says a New Mexico boy Is the first child positively known to have died of polio after three Salk vaccine shots. The youngster, Tommy Mohr, Albuquerque, died last January. A foundation spokesman said the toy apparently was a raro individ ual upon whom tho vaccine hod no effect. The spokesman said that doc tors in Johns Hopkins Hospital at Baltimore continued that Tom my's death was due to polio. He said the youngster received his third shot four months before he contracted the disease and this ruled out any chance that he had become infected by the vaccine. In three other cases reported of children dying of polio after vac cination, the foundation said, in vestigation showed the following: One victim had not been vac cinated; a second died of another disease; and in the third case there bad been no autopsy and thus no way to firmly determine that the victim had polio. Fire at Union Fatal to Baby UNION. Ore. tfi in- An infant girl died in a lire hero just before Tuesday midnight after her moth er had left Hie room with a young er child to fix a bottle of formula. The victim was Gail I.ynne Sad owsky, H i months. Hire Chief Marvin Titus attrib uted the blaze to a makeshift va porizer the mother, Mrs. I.cla Sad rnvsky, had devised Irom a hot plate, a teakettle and a bed sheet. Both children had colds. The family was staying with the children's grandparents, Mr. and Mrs. K. I,. Baxter. Alter leaving the room. Mrs. Sadowsky smelled smoke. She said she ran back and opened the door but the room was in flames. The grandfather suffered burns In a vain rescue attempt. The children's (nther was noti fied at McClellan Air Force Base In California, where he was on duly, and arrived home Wednes day. More Quakes Scare Natives KuuiAiv Alaska wi A new series of earth tremors and activ ity from a long dormant volcano alarmed residents of the Aleutian Island of Umnak Wednesday. Tho latest earthquakes, occur I nc Tuesday night, were less so verc than the heavy shocks ol last weekend that caused Pacific tidal Waves. Gut the -U.S. Coast Guard re ported 75 natives from the Umnak villege of Nikolski left their homes and look shelter in a barn for fear of the smoking volcano o! Ml. Vsevidof. The Coast Guard culler Bitter sweet arrived off Nikolski today, but officers reported there was no immediate need In evacuate the villagers. A Navy palrofc plane HI Kodiak for an inspection flight around Ihe d.()20-foot prk thai bat been dormant 200 year. Princess Helen , Of Greese Dies ATHENS Ut-Princess Helen of Greece, mother of Britain's Duchess of Kent, died today of a heart ailment. She was 75. The duchess and her sister Princess Olga of Yugoslavia ar rived in Athens earlier today alter their mother suffered a heart at tack. They were with her when she died. Princess Helen was the daugh ter of Grand Duke Vladimir of Russia. In 1902 she married Prince Nicholas, third son of King George I of Greece. The prince died in 1938. United States entrants, with a total of 56 winners, have won the largest number of Nobel Prizes. GIs Testing Cold Vaccine LOS ANGELES IM-A vaccine against virus-produced colds is be ing tested on 10,000 soldiers, says. Maj. Gen. James P. Cooney, dep uty surgeon general of the Army; "On the first 300 recruits, the vaccine showed a 90 per cent ef ficiency," Cooney told an alumni convention of the College of Med ical Evangelists. The vaccine is being developed, he said, in an effort to knock out a specific virus that affects 8 out of 10 recruits each winter. If the tests prove successful, he added, the vaccine will be made avail able to civilians. St. Paul, Minn., was originally named Pig's Eye. Transformer Yields Bird SOUTH PASADENA, Calif, (fl irted by a persistent ringing noise near his bedroom window, Louis S. Kurze complained to the tele phone company. A lineman came out, couldn't find Ihe source of the trouble, but said he was cer tain it wasn't in the telephone equipment. The ringing continued. Kurze called the Southern California Ed ison Co., which supplies his light and power, and for three days a trouble-shooter tried to find the source of the noise. Finally he located it. Inside a metal trans former box a woodpecker was hammering away. ' Chattering and screeching, the woodpecker flew away as the line man lapped the box. LIZ, MIKE TO N.Y. HOLLYWOOD W-Film beauty Elizabeth Taylor and her hus band, producer Mike Todd, left by plane last night for New York, where the actress will have a one day checkup on her back, which was operated on before her re cent marriage. 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