The Federal Farm Loan Act of 1916 (Pub.L. 64-158, 39 Stat. 360, enacted July 17, 1916) was a United States federal law aimed at increasing credit to rural, family farmers. It did so by creating a federal farm loan board, twelve regional farm loan banks and tens of farm loan associations. The act was signed into law by President of the United States Woodrow Wilson.
Read more about Federal Farm Loan Act: Background, Effect On The Rural Farmer, Structure of Implementation
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