Farm Credit Administration Check from Treasurer of the United States - Wichita, Kansas 1938
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Farm Credit Administration Check from Treasurer of the United States - Wichita, Kansas 1938 - Hand signed.
The Farm Credit Administration was established by Executive Order 6084. The Farm Credit Act of 1933 provided for organizations within the Farm Credit Administration. The Farm Credit Act of 1933 was part of President Franklin D. Roosevelt's New Deal, to help farmers refinance mortgages over a longer time at below-market interest rates at regional and national banks. This helped farmers recover from the Dustbowl. The Emergency Farm Mortgage Act loaned funds to farmers in danger of losing their properties. The campaign refinanced 20% of farmer's mortgages.