Show ion Pushes 5 Billion t 1 Loan Plan April 9 u R- R American Legion as asked ed con- con b Friday to authorize o in loans Joans to World War Var II bins ns ns over a year five period building wilding homes home he e e proposed loans loans would beat be beat bee e at interest rates of ot 2 to toor tj or about half of normal PD Enesa eS ess rates falter alter L. L of or Phila- Phila hia chairman of the Ute l legions legion's oval ional housing committee told house veterans committee that loans would be available to tops ps of veterans for use on a atly I i nonprofit basis tie e witness s said he is confident the proposed legislation would conflict in any degree at aU all pr private te builders fee e e legi legions legion's n p plan an introduced as amendment to the 19 1918 8 vet veU Lg homestead act also ilio calls fc G a. I. I farm loans In districts ire re rc local banks and finance iu ies have refused to make makeM M to farm veterans eSS said the legion be be- that t through mass buying construction low interest rates federal grants for community tf ties 3 costs on homes could be bed heed d d 20 to 25 below present v |