The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1919-02-26
LOANS
TO SOLDIERS
Canada Anxious to Start
Them Toward Better
Homes and Farms :
WOULD ALLOW 20
YEARS TO PAY DEBTS
Men Could Borrow $4,000 at Five Per
Cent to Buy Land-Will Try to Pre-
vent Them from Settling in Isolated
Sections of the Dominion.

| Z
government of the Dominion of Canada
for extending q loan to returned sol
| diers in order that they may be proper
| ~ housed and put to work in remun-
erative farming enterprises is meeting
| favorable comment all through the do
minion.
/ The dominion is anxious that the
provinces take advantage of the offer
| inasmuch as one of the reasons for its
institution was the stimulation which it
Iwill give building operations during the
ing employment and housing accomoda
| tons for returned veterans. Not only
lis the government anxious that the
provincial authorities accept the offer,
but that such acceptance be made as
early in the spring as possible.
/ In general statement given out by
the Hon. \. w Rowell, chairman of the
cabinet committee on housing, and in a
memorandum accompanying the gov
/ ernment's offer TO the provinces, the OBJ
ject'of the government was set forth as
i follows:
To promote the erection of dwelling
houses of modern type: to relieve con-
gestion of population in the cities and
i towns TO put within the reach of all
workingmen, particularly returned sol
diers, the opportunity of acquiring
! their own homes at, actual cost of
building and land acquired at fair
value, thus eliminating the profit of
the speeulator; to contribute to the
general health Of the community Shy
encouraging suitable town planning and
housing schemes.
Only four conditions are made by
/. the government in its offer to lend mon
ey to soldiers and workmen for the pur-
,, poses of establishing them on small
! farms These conditions are:
|. Each province must prepare and
submit TO the federal government for
approval n general housing scheme
Among other things this must include
| a schedule of minimum standards in
regard to grouping of houses, &c.
! 2. The cost of the dwellings is set
: according to type, size, and construc.
t ton, and each province will fix its own
maximum, not to exceed the maximum
e fixed by the federal government.
3. The money may be advanced for
g building houses on sites owned bv' the
g provincial governments or municipal,
t tiles, housing societies or cooperative
8 companies
y f. The federal loan will be PAYABLE
y by the. province over a period OF
s twenty years at 5 per cent interest bat
under certain conditions, such rs en-
n enlargement in the erection of more
e durable buildings and to bring the
t financial terms within the reach of q
$. large number of workers, the period
a may be extended to thirty years. 1
Of Five certain principles Of policy vii
er guide the soldiers settlement board il
1T placing returned soldiers on the land
er according to w. j. Black, chairman oil
Id the board. All possible assistance viii
er be given the men in establishing them
m selves and their families in their new
ps homes, he declared.
d u In the first place, said Mr. Blacl
r in statement given out here, 9Th,
ID soldiers settlement board intends TO as
sist in settling on the land every MAJ
to who desires to establish n home in tn,
be coesitry, whose beet interests would b.
PEG served by engaging in farming.
ne stSeeondly, it is the policy of thu
ne board to see that no settler is permit
IN ted to settle on land anywhere no
nc suitable to be made into first elias
q home, a place where money can be mad
sle and good home establishes; thai is
= where the soil is sufficiently fertile AM
nj the location is right.
III In the next place il is the policy O.
re the board to see that none of the mel
n are settled Far from existing railway
IS or from organized civilization at tn
ry present time
Now another vital feature of OH
Sc policy. is to see that in getting starte,
sc the men shall have the benefit of col
he lectiye purchases, in SO far as that
1t nossible. Farm machinery today i
re about on the same footing as So pc
les tushel wheat, and when the time come
q to make payment for this machiner
ne wheat will not likely be worth ST ne
en- bushei, so that it is NECESSARY to Sc
te, today not only that no man purchase
at equipment which he will not rea,iif,
ID but that that which ID absolutely ne,
I9r essary shall be. purchased at. a Yer
ne reasonable and satisfactory. price. Il
rs, Another feature of policy is tina
n2 after settlement the soldier and settle
Coz shall be guided and assisted and a
lp- rected to encourage and we shall q
f!s courage, in so far as it may be poss
B II he, the organization of communities d
OF a community basis, so that cooperate
MS in farming operations and in the sat
ga of products may be obtained to I'll
TIN fullest extent. - a.
ers Two resolutions asking the govern
ere ment for modification in certain il
he stances of its regulation covering thes
ost loans to returned soldiers ware adopte
me at a meeting in Toronto Of represent;
ae- tives of the department of agficultur
Tor These resolutions seek provision for r.
sc. payment of the loan 'over longer per
cd and also provision for loans to SO
diers on leased land.
IAN Under the federal regulations, a r
turned soldier may secure q loan up