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"The Federal Farm-Loan System in Operation" provides a detailed examination of the establishment and functioning of the Federal Farm-Loan System in the early 20th century. Authored by Arne Clarence Wiprud, the book delves into the intricacies of the Federal land banks, the role of the Farm Loan Board, and the operations of national farm-loan associations.
The text offers insights into the process of securing mortgage loans, the requirements for organization certificates, and the use of surety bonds within the system. It also covers the mechanics of amortization, the issuance of debentures, and the involvement of joint-stock land banks. This historical account is valuable for understanding the evolution of agricultural finance and the government's role in supporting the farming industry.
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