| Show dole 0 ma ome vets opportunities under GI bill explained by legion auxiliary workers ny by MRS Ct MIlLES B GILBERT national president american legion auell auxiliary ary the american legion auxiliary ever since its organization has centered its work on oil aiding the war veteran and his family the auxiliary in past years has aided veterans of the last war with the increasing number of veterans veteran in the present war the auxilia auxiliary ry has stepped up Us its program to help the veteran in every possible way A million veterans returned home in 1944 more and more are coming h home e ih each month there them are bound tm to be questions they will want to ask and problems they will have to solve to ease this burden the auxiliary under the leadership of its national president mrs charles B gilbert ot of norwich conn has prepared questions and answers on some of the problems which will affect the veterans and their families H here a are some pertinent nen t questions cit test ions mrs 0 B gilbert Q J just what does farm loan guaranty mean AL A under title III of the ic emens readjustment act of 1944 provision is made for the guaranteeing by the administrator of veterans affairs of a loan to be used in purchasing land livestock machinery to be used in farming operations conducted by the applicant Q does this mean that the veterans administration will make the loan A no the law provides that the administrator of veterans affairs may approve an application for the guaranty of a loan within certain limitations but the actual loans are made by regularly established banks lending agencies and private lenders Q what does the law specifically provide regarding the purchase of a farm and farming equipment A any application made under this title for the guaranty of a loan to be used in purchasing any land buildings livestock equipment machinery or implements or in repairing altering or improving any buildings or any equipment to be used in farming operations conducted by the applicant may be approved by the administrator of veterans affairs if he finds 1 that the proceeds of such loan will be used in payment for real or personal property purchased or to be purchased by the veteran or tor for repairing altering or improving any buildings or equipment to be used in bona fide farming operations conducted by him 2 that such property will be useful in and reasonably necessary for efficiently conducting such operations 3 that the ability and experience of the veteran and the nature of the proposed farming opera tion sto be conducted by him are such that there is a reasonable likelihood that such operations will be successful 4 that the purchase price paid or to be paid by the veteran for such property does not exceed the reasonable normal value thereof as determined by proper appraisal pra isal Q who Is eligible to apply for this farm loan guaranty A A veteran who 1 has served in the active military or naval service of the united states on or after september 16 1940 and before the officially declared termination of world war 11 II 2 shall have been discharged or released from active service under conditions other than dishonorable either after active service of more than 80 90 days or because ca use of injury in line of duty irrespective spec tive of length in service 3 applies for the benefits of this title within two years after separation from the military or naval forces or within two years after the official termination of the war in no event may an application be filed later than five years after such termination of such war Q who is eligible to receive readjustment allowance allo wince A A veteran described above who is residing inthe united states and is completely unemployed or who Is partially unemployed in that services have been performed for less than a full work week and the wages a are re less than the allowance under this title plus |
