Show y r New Policies For War Veterans I v New policies under Uder which the Farm Security Administration will I make farm ownership loans to I veterans of World War Val II were announced today to ay by Benjamin F I Hulme Supervisor for Cor San San- SanPete Sanpete pete Dete County Mr Hulme pointed out that under terms of the G I. I Bill of ot Rights veterans are eligible fo toe for benefits of Bankhead Jones s Farm Tenant Act on time the same basis as are arc tenants The act provides provides pro pro- vides year 40 loans at three percent percent percent per per- cent interest for purchase of ram fam family ily lly type farms To give veterans full benefit of ot their newly established eligibility Hulme said he had been Instructed by br Administrator Frank Hancock Hancock Hancock Han Han- cock to follow these principles 1 Since farm ownership loans funds are very limited this year veterans whether or not they have previously lived in tho the county in Continued on last l Imago pago gO I New Hew ew Policies For War Veteran v l Continued front from page one which they apply are t to be given equal opportunity for the fe few loans that are available 2 2 I If the C County Committee Commit Commit- Committee L I tc tee composed of at three successful farmers Carmels decides the veteran re requires requires re- re ra-I ra quires supervisory guidance for tor success In n his farming operations he will be eligible for n a loan even tr If other ther credit Is la cw available to him However veterans who do not need supervision and who can obtaIn obtain obtain ob ob- tain satisfactory credit from other sources will not receive loans 3 Special attention will be given gh- gh ghen s1 I en to the needs of disabled vet vet- erans craps The veteran who received disability r compensation will be eligible eligible eligible eli eli- gible for a farm purchase loan provided provided pro pro- 1 vided that the compensation plus the anticipated Income from the I farm arm are sufficient to meet operating i ing lug and living expenses and repay i thC the loan I 4 Precautions are arc to be talc take a against loaning to veterans wh wIlt J i Jare iare are not qualified for farming b bj bI ability and experIence excellence A veteran with no practical farm experience should have at least one years year's g on a farm before receiving recel j J. purchase loan Were going to do the verv very nest Jest we can to meet the veterans' veterans Hulme said Funds are short short we we cannot make more morl than one or 1 two farm tarm ownership loans in Sanpete County and besides besides besides be be- sides there is an extreme shortage shortage shortage short short- age of good type family-type farina farma which can be b bought at reasonable prices The seriousness of t these limitations will be more apparent when more of ot the boys come home some of t them will have some t tough battles to fight tIght against land Inflation here at home Members of ot the County committee who Hulme said will Ill pass pas on veterans' veterans loan applications are Alden K Barton Darton of ot Mant ManU Harold ChrIstensen of ot Gunnison n and Alfred E. E E E. Drage Drase of ot Mt Pleasnt Pleas- Pleas mt nt The office for tor Bounty o is at the City Hall Hall Manti tah |