This letter is being sent to every banker in the State, in order that this council may accumulate definite, concrete plans as to the ultimate working out of the scheme. In order to be properly effective, the "pool" must be subscribed to by June 1 at the latest, and an immediate reply is requested. The council feels that the situation can safely be left with the banks of Virginia for the working out of its final details, but a symposium of opinions once before that can be accomplished.

1. Will your bank subscribe to a pool of this nature?
2. If so, how much?
3. Please name three men whom you nominate for the commission?
4. Do you advocate the loaning of the funds subscribed to the pool at 5 percent interest. In order that the farmer who has collateral sufficient to take care of his needs does not apply for full payment of this pool if loaned at a lower rate.
5. The tentative scheme of the farmers' loan finds calls for an apportionment of the pool in the county where the money is most needed, and for an apportionment of losses, if any. 