60—Lancaster Farming. Saturday. Oct 12. 1974
Harding To Head Farm Credit Organization
The Federal Farm Credit
Board recently annotptced
the appointment of W.
Malcolm Harding as
Governor of the Farm Credit
Administration, effective
November 1. The an
nouncement of the selection
of Harding, a career Farm
Credit System official, was
made by T. Carroll Atkinson,
Jr., of Marion, South
Carolina, Chairman of the
Board.
Atkinson said Harding, 41,
who has served the Farm
Credit Administration as
Deputy Governor and
Director of Credit Service
since January 1973, will be
serving “at a most critical
time and in a crucial area
which will help determine
whether the Nation’s far
mers will be able to meet
food and fiber needs.’’
Harding succeeds E. A.
Jaenke, who announced his
resignation as Governor in
June.
As Governor, Harding will
be chief administrative
officer of the agency which
supervises nationally and in
the public interest the
cooperative Farm Credit
System through which
farmers and their
cooperatives borrowed more
than $24 billion last year,
nearly one-third of the total
credit needs of American
agriculture. The System is
comprised of 12 Federal
Land Banks and 553 Federal
Land Bank Associations,
making long-term loans; 12
Federal Intermediate Credit
Banks and 433 local
Production Credit
Associations, providing
short-term and in
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982 acres of the primest limestone bottom ground to be found anywhere. This happens to
be located in far southern Minnesota on the lowa border. Good sweet kind of soil that warms
up early in the spring, and is mellow to the plow and the seed put into it.
Good level kind of ground with built in natural limestone kind of drainage and also the
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termediate-term loans; and
13 Banks for Cooperatives,
providing a complete credit
service to farmer
cooperatives.
“Meeting agriculture’s
growing credit and capital
needs represents a
tremendous challenge in the
years ahead,’’ Harding said,
“but I am confident that, in
their Farm Credit System,
farmers have fashioned the
tools that can greatly assist
in doing this job. We in the
Farm Credit System are
dedicated to it.”
Atkinson noted that
Harding is thoroughly
familiar with the Farm
Credit System, having
served it at all levels. He
joined the Farm Credit
System in 1958 as assistant
manager of the Federal
Land Bank Association of
Winston-Salem, North
Carolina. Three years later,
he moved to the Federal
Land Bank of Columbia
(South Carolina) as a credit
analyst. He advanced to
increasingly responsible
positions in the bank and in
1967 became vice president
for credit and appraisal. In
addition, be became vice
president for credit for the
Federal Intermediate Credit
Bank of Columbia in 1971.
As Deputy Governor and
Director of Credit Service
for FCA, Harding was
responsible for coordinating
the extension of credit by the
banks and assoications of the
Farm Credit System and
assisting them in developing
loan, appraisal and credit
standards.
A native of Yadkinville,
North Carolina, Harding
earned an A.B. degree from
the University of North
Carolina and taught in the
Davidson County (North
Carolina) school system.
Following two years’ service
in the U.S. Army, Harding
returned to the family farm
until accepting his first
assignment with Farm
Credit. He is married to the
former June Baity and they
have three children. The
Hardings live in Vienna,
Virginia.
On behalf of the Board,
Atkinson expressed ap
preciation to Governor
Jaenke for his outstanding
service and leadership the
past 5 Vz years, citing in
particular his leadership in
bringing about passage of a
new charter act for the
System, and for the fact that
the System, despite a
declining number of far
mers, is serving more far
mers than at any other time
in this generation, while its
loan volume has increased
nearly two and one-half
times.
Work
What you’re doing is really not
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PSD Slates Meeting On
Poultry Waste Conversion
A symposium on con
verting poultry waste to
useful materials will be held
on November 6 at Penn
State. Herbert Jordan,
associate professor of
poultry science extension, is
general chairman for the
event. Participants will hear
about and discuss means for
converting poultry waste to
energy, feed and fertilizer.
Topics to be covered in
clude: the mechanics of air
drying; fermentation as a
feed production method;
marketing converted
manure; using poultry
manure on crop land; and
methane production from
manure. The symposium
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will end with a tour of the
housing system developed by
Dr. Glenn Dressier,
professor of poultry science
at Penn State.
Registration for the
symposium should be made
in advance. The registration
fee of $2O covers instruction
and instructional materials,
a copy of the proceedings,
and a luncheon. To
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guarantee acceptance, the
registration form muat be
received by October 31.
Forms are available from
your local county agent.
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