Arizona republican., 1922-03-08

mum and the amount actually bor-
| rowed
| In the case of the death of the vet
eran before the loan was paid. his
! beneficiary or his estate would be
| paid the face value OF the certificate
| less the amount due on the loan.
Certificates Non Negotiable
Application for government loans
| might be made at any postoffice Of
first. second or third class, but
loans would have TO be approved by
the secretary of the treasury.
1t would be provided that no cer-
tificate issued or right conferred un-
der the adjusted service certificate
title could. except for the purpose Of
securing q loan from an authorized
bank or from the government, be
negotiable or assignable or serve as
security for a loan.
ANY negotiation, assignment or
loan made in violation OF any pro-
vision Of this section shall be held
void" says the bill.
IF the veteran should die after
making application for any one of
the optional plans or for the cash,
and before the coming into force of
the bill on October l, 1922, the gov
ernment would pay to his estate the
amount Of the adjusted service
credit.
Veterans electins to take the vo-
cational training aid option would be
paid $1.75 for each day Of attend
ance on or after January /. 1923, on
a course of vocational training pre-
viously approved by the director OF
the veterans bureau. The total pay
ment under this plan. however, could
- - t~.t~R Rwsat
Of the adjusted service credit
Under the farm and home aid sec
tion veterans would be paid, In
lump sum or installlnents. an amount
equal to the adjusted service credit,
increased by 40 per cent upon salts
factory assurance that the money
would be used in purchasing or max
ing payments on a. home or farm or
improving a home or farm.
This section of the bill is uI1-
changed, as is that providing for
land settlement Under the land set
tlement title there would be created
"a national veterans settlement
board" which would establish vet
eran settlement projects for the rec
lamation and settlement of lands by
means OF irrigation, drainage or other
method Of development or improve
would be carried out In cooperation
with the states and veterans would
be given preference In employment
on such work.
In each project the board would
establish farm units large enough for
the support Of family and farm
workers units sufficient for part
time cultivation by q farm workers
family. Each veteran employed on a
project would be allowed to select
and would be allotted a farm unit
upon which he could construct q
dwelling and other improvements.
Settlement qBoard Of Five
From the price of the land so al
lotted would be deducted the amount
of the veterans adjusted service
credit. The remainder would be paid
upon an amortization plan with
fixed number Of installnnents to cover
the amount due plus interest at
per cent over period or 20 years
or less.
The settlement board would con-
sist OF the secretary OF the interior
ana four other members appointed
by the president, subject to con-
firnation by the senate. The four
members would receive salaries OF
$1,000 each and one would be ap-
pointed for two years, one for three
years, one for four years, and one
for five. Subsequently appointments
would be made for five years. In
the original bill this provision re-
quired that at least three of the ap-
pointed members be veterans, but
that section was stricken out.
Those entitled to bonus would,
under the terms Of the bill, INCLUDE
"any individual, a member OF the mil
itary or naval forces of the United
States at any time after April 5,
1917, and before November IL, 1918;
but does not include ~ any tndi-
vidual at any time during such
period or thereafter separated from
such forces under other than hon.
orable conditions: (2) any conscien-
tious objectors who performed no
military duty whatever or refused TO
wear the uniform, or (3) any alien at
any time during such period or there
after discharged from the military or
naval forces on account OF his alien
age. -
The term overseas service. the bill
sets forth means service on shore in
Europe or Asia, exclusive OF China,
Japan and the Philippine islands;
and service afloat. not on receiving
ships; including in either case the
period from the date of embarkation
for such service TO the date of dis
embarlkation on return from such
service, both dates inclusive"
Home service is defined to mean
all service not overseas service.
The bill also would provide that in