Excerpt from The Federal Farm-Loan System in Operation In the preparation of the statistical material the author has had at his disposal the statements and documents which have been issued by the Federal Farm Loan Board and the several land banks since the establishment of the Federal farm-loan system. These have been supplemented by such other mate rial as appears in the Bibliography (appendix C) and the author's observations as an official of the land bank located in St. Paul, Minnesota. The true object of the Federal Farm Loan Act is not generally understood, though the processes of its Operation are not difficult to comprehend. If this presentation assists in a measure toward a general understanding of the real Object and worth of this new rural-credit system, it has served a purpose. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.