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SE"U3 LOAN QUESTIONS
So many people rrc wondering about
scod for spring planting and hew
it cm be secured thr.t the Cooper
ative Board appointed ”r. Brix end.
T'r. Rasmussen, to hold a conference
with !'r. Henson, Oonorr.l ranager
of the A.R.R.C. and find cut whet
has end cm bo done to settle this
problem in tino to take cere of
the fa mors needs this spring.
As a result of the conference the
following statements can be nr.do.
Favorrblo reports have been ro
civcd from V nshington in regard
to approve 1 of the Fr rri Security
Administration loan.
At the present tine it is the inter
tion of the Cooperative Asso£iatior
to purchrso the necessary seed
and hold it in the warehouse for
sale, if the ferror has the cash
to purchase the sc;d it will bo
available at once, however, if
the fanner must have a seed loan
some arrangement will have to bo
mado so that the Cooperative Ass
ociation can bo sure that the loan
will bo repaid, possibly cither
with Cash in the fall, good
marketable 3.ocd at harvest time,
or by any other method that will
assure payment to the Cooperative,
The failure to arrange for the vis
ual method of offering Seed loans
was caused by the fact that last
September the Government officials
in charge of the financing of the
Colony Project stated that no.
funds could be loaned or granted
to the A.R.R.C. for use in the
Colony from the funds available
at this -tine. However, it was sti
nted that fund3 could bo loaned to
the Cooperativo Association if
certain requiromonts wore met and
(Con’t on page 2)
I'EETIKG FELD FOR OPEN DISCUSSION
Tho meoting, advertised in the lest
weeks issue of tho pr.por, wrs hold
on Inst Sundry afternoon. About
forty persons wore present. Fr..
Noil Filler re tod ns temporary
Chair non c.nd wrs subsequently elec
ted to fill thr.t position for the
rest of the meeting. I'rs. Victor
Johnson wrs rppointed r.s secretory.
The Chairman explained that the
assemblage was called by a group
of people who had met a week be
fore in the Dormitory Basement, and
that i'rs. Ivan '.'ilson had b en
elected Secretary at that time.
It was explained that it was not
the intention of the group to call
-a Co^op membershipneeting, but
that it was merely intended as an
open discussion of various problems
of interest to the members and
others.
A lively discussion ^followed in re
gard to the news article and the
Radio announcement in the Anchor*
age paper and Radio station on
Peb ,27th. Responsibility for the
article could not be established
by any one present. It was agreed
that the news article was very
detremental to the best interests
of the "atanuska Valley as the in
sinuations made could not be
supported with any proof of ver
asity. A resolution was offered
to the asserabmblege stating that
this was the sentiment of the pe
ople assembled and it w; s voted
upon and passed by -an almost un
animous vote.
Later a committee was appointed
to investigate and find out if
possible who wa3 responsible for
the news report and ask to report
to the Co-op Board on I onday night.
(Con't on page 2)