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Show SOLDIERS' BONUS PAYMENTS BOOST AUTO INDUSTRY WASHINGTON, D. C, April 5. Purchase of automobiles by ex-soldiers ex-soldiers with their toonus loans has contributed to a very noticeable pickup in the automotive industry. indus-try. Reports from various parts of the country indicate that many veterans have used their bonus loans to buy automobiles, either new or second hand. A greater proportion of the money being paid to veterans, which Administrator Ad-ministrator Hines of the veterans' bureau said would reach a billion dollars eventually, is going for the nurchase of automobiles than for any other article on the market, mar-ket, it is 'believed. The government up to April 1, paid out $300,000,000 to war veterans vet-erans and applications are still coming in. |