European Stars and Stripes (Newspaper) - October 31, 1985, Darmstadt, Hesse Page the stars and stripes thursday october 31, 1985 farm credit system seeks $6 billion bailout Washington m the Finan Cial ailing i Irani edit system asked wednesday fur to i Bil Mui bail Tel Oxer the next few wars. Saing it Lias Iii ther Choice in order in survive i i h. Iii id re Jiji a is coupled w ii nil main Prev Ulm lighter regulation of lies tem Ami .1 More inter strik Inre. Absent in pm Merit financial assist Ance the a siem Mani int survive the Radi Cal transition under in , if the 1 anti Uhi tajik in. Die system s lob tnmi1 Tonii. To i i i ouse agriculture committee hearing. Our Raj cum for Federal assistance is uric of the most difficult Deci Sions Winch we Luw Ever made As an of mini alow. But. Frankly speaking. We no usher Tucker told the Ctm Rcv men. Ret Cut re purls have s i in that the 17-h.mk s\-.icin. The tuition s larg est firm Lender unit $70 billion in out standing Loans has $1.1 billion in problem Loans i he system Sull ered losses of $522 million m the third Quarter of this year and More losses Are expected our problems Are driven not by the 1984 farm subsidies by Midwest in billions of dollars total . Government payments to compensate Farmers for Tow Chicago Tribune graphic source us. Department of age Ufim paces actions of a single Borrower or association. But by an Industry being torn apart by Larj a supplies declining sex purls deflation anti some of the highest real interest rates in history Tucker testified. Many of the a Stem s Loans Are for farm mortgages and the collateral which sup ports those Loans has eroded severely As Farmland values dropped along with the profit potential of farming. The system which is cooperatively owned by its Farmer borrowers and uses no government Mone at present is Wor ried Ihal its mounting troubles will cause loss of Confidence among the investors who provide its loan capital by investing in farm credit Bonds. The risk Premium on those Bonds already has in creased by More than one interest Rale Point since the system s troubles have been publicly acknowledged Over the past few months. The system s proposal Calls for a line of credit from the Treasury of up to $6 billion at a rate not to exceed $2 billion a year. The Money would help system Banks carry the increased costs of non accrual Loans and a growing inventory of foreclosed properly. Soviet invasion of High school Sparks protest Santa Barbara. Calif. A a mock soviet invasion of a local High school by army recruiters sparked a protest from the principal who said thai russian rockets and bayonets were not Welcome on his car., army sgt. I aul Dellve. Who had Aske the school for permission to recruit on earn pus at s a Barbara High school said the Lour soldiers sporting 1-astern bloc weapons and soviet Battle dress last week belonged to an opposing forces tactical unit from 1 on Ord. The soldiers were Only Selling up a lunch hour display for interested students he said. But to those upset by the Warsaw pact impersonators the recruiters foray May have looked like a scene from red Dawn last year s hit movie that opened with a soviet invasion starting on a High school Campus. Principal Bill Jackson said this week that some students parents and faculty members complained prompting him to write a letter to local recruiters telling them the pro Gram a i in Pamir taste. Jackson said students were allowed to handle the weapons and Point rifles with bayonets at each other. School officials had no idea the display would include soldiers wearing soviet army uniforms Jackson said. We re a Little upset by this. It went far beyond what we Humphrey s on his own to find Way Back to sea Rio Vista. Calif. Altering their efforts May cause fatal stress and hav ing exhausted Rescue funds researchers say they Are giving up their efforts to entice Humphrey the wayward Humpback whale Back to the Ocean. Instead scientists who have been work ing to lure the 45-ton Mamma out of the Sacramento River say they will let Humphrey try to find his own Way to Freedom now that he has passed the Rio Vista Bridge a major obstacle. Humphrey w to remains More than 50 Miles Northeast of the Golden Gate Bridge and the Pacific Ocean could survive indefinitely in the Freshwater River one expert said tuesday. There is no information on Hump backed whales in fresh water so we Don t know for sure How Long he can live said Sheridan Stone wildlife biologist for the National Marine fisheries service. He should cause no problem to traffic or to people who want to we Trichtl our Best to tag him said Jim Slawson of the National Marine fisheries service. But we need Calm conditions and everything in our favor. He s just too big and asked about earlier reports thai the whale has been plagued by skin blisters and Eye infections due to the fresh water. Slaw son said no one really knows How the whale is holding up. We be had experts give the opinion that it would be six Days before it develops prob lems and others say it could be six months he said. Insect Toggers leave woman bugged after damaging Home North i Gas. Nov. Al a woman Here has Learned thai 15 cans of Bug Fogger plus one Gas Slevc Pilot Light have the Power to raise the Naif and blow out the windows but not to get rid of All the in sects. Marilyn Lucas had tried once before to rid her Home of insects with just one can of Bug Fogger but it did t work so on tues Day she escalated the Battle and Sel off 15 smaller cans officials said. She really wanted to gel rid of the said fire marshal Bob Mills. Instructions for raid Fogger Call for Only i to cans for an average size House he said. The woman her to can age daughter and a Friend of her daughter had just left the House to let the loggers do heir Job when the Cloud of Bug Spray was ignited by the Pilot Light on a Kitchen stove. Mills said. It literally blew Ihen of off the House said Mills. The windows of the Home were blown out and the roof was knocked an Inch out of alignment. They weren t injured but they were scared to death said Mills. They could have received very serious Burns if they had been in the the Spray contained a flammable Petro Leum distillate. It did not kill All the insects Mills said. James Dean for Christmas be one of the Roo we cer. By year s end. 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