Evening star., 1936-06-11
BY HAROLD b. ROGERS.

Washington banks have completed
comprehensive plans to make it as
easy and simple as possible" for vet
Grams to get cash from their bonus
bonds and checks next week, it was
learned today.
The arrangements have been COM
pleted through cooperation of the
banks through the District Bankers
Association, which has developed forms
and a program to take care of the
veterans
Karl w. Corby of Hibbs g. Co., presi-
dent of the association, announced the
banks already are making plans to
comply with the request of President
Roosevelt yesterday TO all banks that
veterans checks be cashed promptly
and in full"
But in accordance with official in
structions sent to the banks by the
Treasury Department, the financial in
stitutions here have gone much further
than merely complying with the re-
quest of the President to cash the vet-
Grams checks at par"
Forms have been drafted by the
Standardized Forms Committee of the
association, under chairmanship of
James A. Soper. These forms have
been printed, and are being distributed
to all banks for use when the veterans
begin to come in for service.
Filling Out Signature Card.
When veteran comes to the bank
with his bonus bonds for cashing he
VIII be asked to I'LL out a so-called
signature card" On this card will
be the veterans own signature. his adj
dress, his age, and other information,
including the numbers of the bonds
which he desires to cash.
If he is a regular customer of the
bank no other person will be necessary
to identify the veteran, as he will be
known to some one in the bank. II
the veteran is not customer of the
bank or is not known to any one in
the bank, it will be necessary for him
to bring some one in with him who
also knows some one in the bank. This
identification will be required. and the
signature of the identifying person
will be added to the signature card
which carries the name of the veteran,
When the veteran has filled out the
signature card to the satisfaction of
the bank official, he will be given an
official receipt by the bank officially
signed. saying the bonds have been
received. and are being forwarded to
the Government for redemption.
This receipt will be given to the
veteran, but the bank will keep the
signatur card on file in the bank for
future reference. The bonds will be
forwarded to the proper authority,
properly certified by the bank itself.
with its corporate seal, and with the
signature card on file in the bank for
certifying officer.
Will Receive Check.
In due time the veteran will re-
ceive from the treasurer of the United
States by mail, a check for the value
of bonds he has surrendered. The
veteran then can go to the bank
which certified his bonds and present
the check for cash. His signature
card will then be used to identify him
and he will receive cash for his Gov
ernment check
This service of certifcation Of
bonds by the banks here will be in
addition to that offered by the City
Post Office. Postmaster Vincent o.
Burke has worked out a comprehen-
Sive plan to send certifying officers to
any Government department or es-
tablishment or any commercial house
where veterans can be properly iden-
titled to the satisfaction of the post
master
One of the first such completed
arrangements was disclosed today. A
corps of certifying officers from the
City Post Office will deliver bonds to a
group of employees of the Govern
ment Printing Office next Wednesday
morning. These officers will be ready
not only to deliver the bonds at that
time. but also to certify whatever
bonds the veterans desire to surrender
for cash. When postal employees GER
tify bonds, the bonds go to the Wash
ington City Post Office first, and the
checks for payment are written in
the local post Office, which has been
designated a paying Office" The
veteran will receive a check within
48 hours after surrendering his bonds,
Postmaster Burke promises.
Letter of President.
The Presidents letter to the banks.
as distributed through the Federal
Reserve System, follows, in part:
In order that the veterans may re-
ceive the fullest benefit contemplated
by the Congress, and that the funds
to be disbursed may begin to flow
through the channels of trade without
unnecessary delay, it is essential that
our banks throughout the country ex-
tend all possible assistance by cash.
ing these checks at par upon proper
Identification.
Il urge all bankers to extend the
fullest cooperation to the Government
in the encashment of these checks
promptly and in full"