FEDERAL GOVERNMENT EMERGENCY ACTIVITIES

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EMERGENCY ACTIVITIES OF THE FEDERAL GOVERNMENT IN NEBRASKA

COMMODITY CREDIT CORPORATION

     Purpose--To make loans to producers to finance the carrying and orderly marketing of agricultural commodities.

     Herbert S. Daniel, 219 Post Office Building, Omaha, Nebraska.

      Purpose--To relieve acute conditions of distress and unemployment in the United States and to provide for the restoration of the country's natural resources and the advancement of an orderly program of extensive public works, through employment of young men who otherwise would be on unemployed rolls.

      Major General Frank C. Bolles, Baird Building, Omaha, Nebraska.

      Purpose--To aid in the prevention of farm mortgage foreclosures and put farmers in a position to work out their financial difficulties by refinancing their existing debts with the proceeds of farm mortgage loans; and establish a permanent production by making short term credit available to farmers. For carrying out this work the Farm Credit Administration was given supervision of twelve Federal land banks and the joint stock land banks making long term and first-mortgage loans to farmers; the twelve Federal intermediate credit banks that rediscount short term and agricultural and livestock paper and make direct loans to cooperative marketing and purchasing associations; twelve agricultural credit corporations; and administration of the emergency crop loans.

      Charles McCumsey, President, Federal Land Bank, Omaha, Nebraska.

      Purpose--To provide for the regulation of interstate and foreign communication by wire or radio, centralizing these duties and responsibilities with a view to more effective supervision of communications.

      Functions--Insures the deposits of all banks entitled under the Banking Act of 1933 to the benefits of insurance. The Corporation may act as receiver for dosed banks and may operate for a limited time new national banks which may be chartered, to make available to depositors in closed banks the insured amount of their deposits.

      B. N. Saunders, Superintendent of Banks, Lincoln, Nebraska.

      Purpose--To reduce unemployment and to aid in the restoration of purchasing power through the construction of useful public works by providing allotments of funds for road building, naval construction, rivers and harbors work, Army housing, public buildings, soil erosion control, forest conservation, irrigation, power development, waterworks, schools, hospitals, recreational facilities, railroad improvements, slum clearance, low-cost housing and other worthy projects.

      Mr. John Latenser, Jr., State Director, Public Works Administration for Nebraska, 405 Federal Office Building, Omaha, Nebraska.

      Purpose--To aid in financing the lending operations of the Federal Land Banks and the Land Bank Commissioner, particularly the farm-debt refinancing program

begun in the spring of 1933. To carry out its purposes the Corporation is authorized to issue and have outstanding at any one time a total of not more than $2,000,000,000 of bonds.

      Jacob J. Grest, Vice President, Federal Land Bank, Omaha, Nebraska.

      Purpose--To make home financing, on reasonable terms to the borrower, immediately and permanently safe and attractive for private capital. The act does NOT provide any new machinery for direct loans to individuals by any Federal agency. On the contrary, it is designed to enable banks, building and loan associations and other private lending institutions to carry the load.

      Edward M. Slater, State Director, 670 Saunders Kennedy Building, Omaha, Nebraska.

      Purpose--To supervise the Federal Home Loan Banks created by the Federal Home Loan Bank Act, to direct the operations of Federal Savings and Loan Associations and the Home Owners' Loan Corporation. The Board has the power to adopt, amend and require the observance of such rules, regulations and orders as shall be necessary from time to time for carrying out the purposes and provisions of the Home Owners' Loan Act of 1933 and the Federal Home Loan Bank Act, both of which were designed to provide emergency relief with respect to home mortgage indebtedness, to refinance home mortgages and otherwise assist the owners of homes to amortize their debts.

      C. A. Sterling President, Federal Home Loan Bank of Topeka, National Bank of Topeka Building, Topeka, Kansas.

      Purpose--To make available to the President, with recommendations, such data as may be available to a plan development and use of land, water, mineral, and other national resources; to consult and cooperate with agencies of the Federal government and with the states and municipalities to this end, and to receive and record all proposed Federal projects involving the acquisition of land, including transfer of land jurisdiction, and, in an advisory capacity provide the agencies concerned with information or data pertinent to the projects.

      A. C. Tilley, Chairman, Nebraska State Planning Board, Lincoln, Nebraska.

      Purpose--To provide a safe and profitable investment for large and small savers and a practicable means of finance for home loan borrowers. The money is granted on long-time mortgage loans on small urban homes, to be repaid in convenient monthly installments.

      C. A. Sterling, President, Federal Land Bank, National Bank of Topeka, Bldg., Topeka, Kansas.

      Under the National Housing Act this Corporation was created to insure the accounts of all Federal savings and loan associations and is authorized to insure accounts of building and loan, savings and loan and homestead associations, and cooperative banks organized and operated according to the laws of the state, district or territory in which they are chartered or organized. The Corporation operates under the direction of the Board of Trustees composed of five members of the Federal Home Loan Bank Board, which has a capital stock of $100,000,000 subscribed by the Home Owners' Loan Corporation.

      C. A. Sterling, Federal Land Bank, National Bank of Topeka, Topeka, Kansas.

      Purpose--To assist the Agricultural Adjustment Administration in its program for the removal of surplus farm products.

      Harry D. Elmore, Director of Community Distribution, Nebraska Emergency Relief Administration, 715 Terminal Building, Lincoln, Nebraska.

      Purpose--Provide relief for indebtedness to mortgaged homes, refinance mortgaged homes, and increase the market for obligations of the United States. The Corporation may provide funds for necessary taxes and other incumbrances, and may assist those who have recently lost their homes to redeem them.

      Gordon B. Robertson, Manager, World Herald Bldg., Omaha, Nebraska.

      Purpose--To coordinate the field agencies of the Government established under the various Acts of Congress designed to promote National Industrial Recovery. It is composed of the following members and such other members at the President may delegate: The Vice-President, The Secretary of State, The Secretary of the Treasury, The Secretary of War, The Attorney General, The Postmaster General, The Secretary of the Navy, The Secretary of the Interior, The Secretary of Agriculture, The Secretary of Commerce, The Secretary of Labor, The Acting Director of the Budget, The Administrator of Agricultural Adjustment, The Administrator of the Federal Alcohol Administration, The Federal Housing Administrator, The Administrator of Federal Emergency Relief, The Chairman of the Board of Reconstruction Finance Corporation, The Chairman of the Board of the Tennessee Valley Authority, The Chairman of the Federal Home Loan Bank Board, The Chairman of the Federal Trade Commission, The Commissioner of Labor Statistics; (Labor), The Director of Emergency Conservation Work, The Governor of the Farm Credit Administration, The President of export-import Bank of Washington, The Chairman of the Federal Deposit Insurance Corporation, The Chairman of the Federal Power Commission, The Chairman of the Securities & Exchange Commission, The Chairman of the Social Security Board, The Chairman of the Board of Governors of the Federal Reserve System, The Chairman of the Central Statistical Board, The Chairman of the Interstate Commerce Commission, The Administrator of the Resettlement Administration, The Administrator of Rural Electrification and the Executive Director.

      R. L. Metcalfe (State Director), 229 Post Office Building, Omaha, Nebraska.

Purpose--To carry out provisions of the National Labor Relations Act of July 5, 1935, which affirms the right of employees to full freedom and self-organization and in the designation of representatives of their own choosing for the purpose of collective bargaining. The Board is authorized to conduct secret ballots for the determination of employee representatives, declaring unlawful those unfair labor practices which abridge or deny the right of collective bargaining.

      George O. Pratt, Regional Director, 631 Scarritt Building, Kansas City, Missouri.

      Purpose--To initiate and administer a program for youths in relief families which endeavors to find employment in private industry for jobless youths between the ages of 16 to 25, to provide employment for such youths at work-relief projects, suited to their abilities and needs, to provide vocational guidance and training or a retraining for youths without specific skill, and to extend part-time employment to needy college

students and college graduates, and small cash assistance to needy high-school students unable to continue their education without aid.

     Miss Gladys J. Shamp, Nebraska Youth Administration, Union Terminal Warehouse Building, 900 N. 16th Street, Lincoln, Nebraska.

      Purpose--To provide emergency financial facilities for financial institutions, to aid in financing agriculture, commerce and industry, and for other purposes. The Corporation is authorized to make loans to banks, trust companies, credit union companies, building and loan associations, insurance companies, mortgage loan companies, Federal land banks, joint-stock banks, Federal intermediate credit banks, agricultural credit corporations, livestock credit corporations, and upon certain conditions to make direct loans to small industries. It is authorized to make loans to public school districts or similar public school authorities, to reduce and refinance outstanding indebtedness incurred prior to August 24, 1934.

      Herbert S. Daniel, Manager of R. F. C. Agency, 219 Post Office Building, Omaha, Nebraska.

      Purpose--To carry out the duties authorized under the Social Security Act, which include approval of State Unemployment Compensation Laws, Administration of Federal Old-Age Retirement Benefits, approval of State Public Assistance Plans, and to study and make recommendations as to the most effective methods of providing economic security.

      Fred M. Wilcox, Regional Director, Minneapolis, Minnesota.

      Purpose--To carry out the Works Program in such a manner as to move from the relief rolls to work on projects or in private employment the maximum number of persons in the shortest time possible.

      D. J. Felton, Union Terminal Warehouse Building, 900 North 16th Street, Lincoln, Nebraska.

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