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EN ROUTE TO PRIS O.N CAM P—Captured in the battle of St. Lo, these Nazi prisoners—
among them Poles, Austrians and Czechs—gather on a French beach.
r
LOANS FOR
VETERANS
- <
By JACK STINNETT
WASHINGTON — Least under
stood of the veterans’ legislation
passed to date are those laws in
volving loans.
I have checked and double
checked on these and it seems cer
tain that some phases will have
to be clarified by court rulings,
undoubtedly going to the Supreme
Court. ; ■;
However, some things are
pretty clear. For example, a qual
ified veteran (that is, one honcr
I ably discharged) will be able to
get a government-guarantee loan
up to $2,000 for either buying or
building a home, providing that is
50 per cent of the total loan, and
that the lending agency (bank,
mortgage company, or even per
sonal lender) is satisfied with the
50 per cent collateral.
This means that a veteran can
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NEVADA BAR
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Harry Gabrielson, Prop
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borrow up to $4,000 with a gov
ernment guarantee for $2,000 of
it, and no interest for the first
year, provided he can convince
any lending agency that his secur
ity, credit or general experience
is good for at least half that
amount.
This augurs a lot of building
and repairing, and has given the
building industry and trades rea
son for much of their optimism
about post-war prospects.
* * *
Virtually the same limits apply
to veterans who will want to
start them own businesses. The(
key will be whether they can con- j
vince lending agencies or personal
creditors and the government that
they have a fair chance of suc
ceeding.
What few polls have been ta
ken of men in the service about
their post-war plans indicate that
private enterprise and small bus
inesses are in for a big upswing.
•The bpys have had enough of be
ing bossed and want to go on
their own as soon as they get
back into mufti.
Second, most important to the
youngsters back • fjrom the wars is
the assurance that they will be
given every opportunity and fi
nancial aid to equip themselves
i lor the battle of economic surv
ival.
' ‘ * * *
The provisions for education
and vocational training should
make it possible for any earnest
young man either to pick up
where he left off or launch into
new fields. In many instances
these fields will be those to which
his military training has intro
duced him.
For those qualified the govern
ment will pay up to $500 a year
tuition, fees and books; $50 a
month additional for living ex
penses and $25 more if he has a
wife or dependents.
Veterans under 25 when they
entered the service may return to
school even though their education
was not interrupted. Those over
25 must show their education was
interrupted by entering the ser
I
vice. However, refresher courses
for a year may be had by veterans
of any age.
GERMAN NAVY DWINDLED
STEADILY IN WORLD WAR II.
AP Features
Germany’s navy dwindled
steadily in World War II in in
dividual death agonies rather
than in a colossal fleet engage
men as at utland in World War
I.
The Graf Spee, nabbed by
three British cruisers after a
raiding career in the south Atlan-1
tic, put in|to the neujral Uru
quayan port of Montevideo after
suffering battle damage in a 14
hour duel with her pursuers.
Ordered to leave port or face in
ternment, Capt. Hans Langsdorff
blew up his 10,000 ton ship ra-'
ther than risk defeat at British!
naval guns. Several weeks later
he committed suicide.
The 35,000-ton battleship Bis- j
mark sank the British druiser,
HMS Hood, in a sea duel May 24,
1941, but her glory was short
lived. She was relentlessly hunt
A ♦♦♦ tj*♦**«$•«$»•£*«£»»*««$»«£
ed for five days and finally sunk
400 miles off Brest while seeking
the friendly cover of Nazi land
based planes.
The 20,000-4on Scharnhorst
went down off Norway on Dec.
26, 1943, after trying vainly twice
to attack a Murmansk-bound
convoy. * t
BIRTH OF THE USO
AP Features
The United Service Organiza
tions were organized in Feb., 1941.
Fishing is the oldest industry
of Canada.
* 2
f NOME ELECTRIC SHOP !
* T
2
REPAIRING AND SERVICING f
T
♦ HOUSEHOLD APPLIANCES J
See J. E. McAlee or Call Main 129 I
ALASKA TELEPHONE &
TELEGRAPH CO.
LOCAL AND LONG DISTANCE SERVICE!
Back the attack with War bonds! Put your dollars
in the service of Uncle Sam!
*1 ,.. 11. -. gas a a;1' sag
4
x * r - * * , ♦ • f j
4* ■ *• ♦ •
| NATIVE OF ALASKA! !!
t • ; ♦*
4« •* { 11
% Born At Deering, Alaska, In 1904 f ”
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! -VOTE FOR— ii:
I eerp 99 "
1 Tom •:
(MORRIS
2 * ’
* INDEPENDENT CANDIDATE FOR 11
I TERRITORIAL - 1i *
f REPRESENTATIVE
♦ . •»
f i •;
I A “VOTE FOR TOM’* WiU Give You the Best j \
Representation Without Distinction of j *
Race, Color or Creed! ;; ^
* *
GENERAL ELECTION, SEPTEMBER 12, 1944. :!
' i i
*