The general nature of the
President’s comprehensive
disaster relief program should be
familiar to almost everyone by
now. However, I thought you
might be interested in some
personalized examples of how the
President’s plan would help in
specific flood damage cases,
Chops Fast and Fine-at Low Cost Per Ton
The Model 720 FORAGER makes high
quality haylage and silage chopped the
way you want at a cost that II help your
profits on your livestock From multiple
position hitch to adjustable deflector
spout the 720 is designed for efficient,
economical forage harvesting and fast
changes from one crop to another
6' pick up attachment handles heavy
windrows with ease does a clean job
in picking up green forage, wilted hay,
cured hay or straw Pick up fingers comb
the stubble and feed material to the auger
in a steady stream save more of the
leaves
Row-crop attachments match your row
width guide stalks into chopper with
three gathering chains per row Two row
attachment adjusts for row spacmgs from
28" to 42' one row attachment har
vests rows of any width
Nissley Farm Service Roy H. Buck, Inc.
Washington Boro, Pa. Ephrata, R. D. 2
Grumelii Form Service N. G. Myers £ Son
Quarryville, Pa. Rheems, Pa.
subject, of course, to the ap
proval of Congress.
Home Loans: Joe suffered
uninsured damage to his home of
$BOOO as a result of Hurricane
Agnes. The President’s disaster
relief program would allow him
to get a loan from SBA in the
amount of $BOOO, the first $5,000 of
720 FORAGER
. FIELD HARVESTER
XA ALLIS-CHALMERS
Cylinder center pivot maintains constant
relationship between gathering unit and
feed rolls for even feeding
Feed roll springs are adjustable to give
you the proper tension for any crop
Reversing mechanism lets you reverse
rotation of feed rolls and gathering unit
from tractor seat for fast clean out
Eight cupped tungsten carbide knives on
cylinder cut and throw crop in a single
fast, smooth operation There's no need
for a power consuming blower Scissors
action of curved knives against shear bar
produces a fine cut
Shear pins protect cylinder drive and
drive line for long life
Built in sharpener lets you put fresh, keen
edge on knives without removing them
from the cylinder
which is canceled, and the
balance of $3,000 at an interest
rate of 1 per cent per year.
Home Refinancing; Bill owns a
home valued at $30,000. His
uninsured flood damage totals
$20,000. SBA can loan him $20,000
to cover the damage and up to
$20,000 more for refinancing
previous loans held on the
property, for a total of $40,000.
The portion of the loan made to
cover refinancing cannot exceed
the portion made to cover
damages, regardless of the
amount of Bill’s existing in
debtedness. Of course, the first
$5,000 of the $40,000 would be
canceled, -and the remainder
would be at 1 per cent per year
interest for up to 30 years.
Home Loans and Refinancing:
Bob owns a new $30,000 house on
which he has a $28,000 mortgage
at 6V2 per cent for a 25 year term.
His home suffers $20,000 worth of
uninsured damage. Because the
damage exceeds 50 per cent of
the home’s value, SBA can make
a 30 year, $40,000 loan with $5,000
forgiveness at 1 per cent. This
would leave $B,OOO of the original
mortgage unliquidated. Bob’s
principal and interest prior to the
flood were $lB9 per month. His
monthly payments on the SBA
loan and what is left of the
original loan would total $167 per
month.
Farm Loans: Jim suffers crop
losses of $5,000, has lost 10 dairy
cows worth $4,500 and has
damage to his bam not covered
by insurance of $6,000 for a total
loss of $15,500. For these losses,
he can get loans from the Far
mers Home Administration.
Personal Property: Henry had
no damage to his home, but lost
$3,000 worth of personal property.
Under the President’s plan, SBA
could make him a loan of $3,000,
all of which would be canceled.
The total for personal property
in any event cannot go above
$lO,OOO. And SBA would not cover
“irreplaceable and ex
traordinarily expensive” items
such as rare art objects, an-
Shear bar is reversible and replaceable
with hardened edges for clean cutting
Delivery chute rotates for side or rear
delivery into truck or wagon can be
positioned easily from tractor seat
Deflector spout adjusts from tractor seat
for full wagon loading
Multiple-position hitch adjusts easily to
match tractor drawbar height
Heavy 6” tubular steel frame is built to
withstand the jolts and jars of operation
over rough fields
Optional axle extensions change harvester
tread to match row widths
High flotation tires are available if field
conditions require them
L H. Brubaker
Lancaster, Pa.
Lancaster Farming, Saturday, August 5,1972
tiques, stamp collections and
jewelry.
Business Refinancing: Charley
owns a small business that suf
fered substantial property
'damage as a result of Hurricane
Agnes amounting to $150,000.
SBA can loan him $150,000 to
cover the physical damage to his
firm and up to $150,000 more to
cover refinancing of liens on the
damaged property being
restored. The portion for
refinancing cannot exceed the
amount loaned to cover damages,
regardless of the firm’s existing
debts. But, the first $5,000 of the
overall $300,000 would be can
celed and the balance financed
for 30 years at 1 per cent per
year.
Beacon Golden Test Rations
C.A.F. The Cow Acceptability Factor
determines how much grain your cows
will eat. Beacon Golden Test milking rations
are partially pelleted, contain a proven level
of crimped corn for extra palatability. Even
finicky eaters clean these feeds up well, re
sponding with higher milk production than
when fed less palatable feeds.
The Cow Acceptability Factor helps get
more grain into your cows in critical periods
of milk production. Call us today for Beacon
Golden Test Rations with C.A.F.
H. Jacob Hoober 0. Kenneth McCracken
Intercourse, Pa. £
Manheim, Pa.
H. M. Stauffer &
Sons, Inc.
Leola, Pa.
Church and School r A church
and school suffering damage
resulting from Agnes can also
qualify for an SBA loan. A non
profit institution can get money
in the amount of the physical loss
sustained. And, under the
President’s program, the first
$5,000 of such loans would be
canceled just as it is for others.
The interest also would be the
same low 1 per cent figure.
If you drive your farm vehicles
on the road, use the Slow Moving
Vehicle emblem for your
protection day or night.
Studies show the majority of
farm vehicle accidents occur
during daylight hours on dry,
open highways.
Earl Sauder, Inc.
New Holland, Pa.
BEACON FEEDS
21