Evening star., 1936-01-28

has enacted law authorizing the ex-
change Of adjusted service certificates
for bonds. the President indicated to
the Veterans Administration and the
Treasury Department that he desired
the provisions Of the new law carried
out ss expeditiously a. accuracy will
permit.
THE President also indicated that
the magnitude Of the administrative
task carrying the provisions of the new
law into effect was 50 great that pa
tience should be exercised in the mat
ter
THE President was advised that
more than 100000 interest calcula-
tions will be necessary and that it will
require between $500 snd 5000 addi-
tional personnel, working for approx
mately six months to dc the job.
1T should be remembered that the
amount due each individual veteran
must be carefully worked out for each
case The additional personnel to
handle this enormous figuring and
clerical job must, under the law, come
from the civil service rolls.
application blanks will be avail
able in all regional Offices of the Vet
erans' Administration and in the
hands Of service organizations within
the next two or three days. If the
veterans will keep In mind that the
bonds are to be issued dated June Is.
1886, and after filing their applica-
tions will refrain from writing follow
up letters they will great assist in
prompt administration of the new
law"
Patience Advised.
Adelbert Hitler, executive assistant
to Gen. Frank T. Hines, head Of the
Veterans Administration, commented
on the magnitude Of the admins
trative task"
They'll have to be patient and
they'll have to wait. It's going to be
a tremendous job"
Morgenthau said in the same con-
nection:
1T isn't an easy job. The boys
who have been around here a long
time tell me it will be the most diff
cult in the history of the depart
ment."
A fingerless veteran must accom-
pany his application with statement
to that effect to explain absence OF
prints.
Must Be Identified.
The applicant must be identified by
the signature on the application Of
one Of these:
A postmaster, commissioned ohicel
Of the Army, Navy or Marine Corps;
q member Of the House or Senate. ar
officer Of a post, chapter or other
comparable unit, of q recognized vet
erans' organization; State or ma
tional officer Of any veterans organ
ization, or ANY person who is legally
authorized to administer oaths in 9
State, territory, possession, District ol
Columbia or a Federal judicial dis.
trict of the United States"
The Veterans Administration yes
tepday issued this advice for pro-
cedure of those eligible for the bonds
II the veteran has not borrowed
on his certificate, he should send
it to the nearest regional ONCE Of
to Washington.
II he has borrowed, he should send
1t to the ofics from which he bor'
rowed.
II he borrowed ut the bank, the
application should 60 direct to Wash
ington.
The immediate payment became
law while gallery-watchers cheered
The law calls for full payment, nint
years in advance, Of 1945 maturity
value Of the 20-year certificates, au-
thorized IL years ago after the House
passed the legislation over President
Coolidge's veto by q vote Of Sl3 t.
7S and the Senate followed suit, 5!
to 16. The House last week rejectes
the Roosevelt veto. 324 to 81.
Chairman Harrison Of the Senat'
Finance Committee said . later bill
will carry the appropriation to per-
init the Treasury to make the pay
ments.
The action yesterday In speeding
the act through the Senate WAS short
with briefly stated opposition speeche
from Hastings and Senator King
Democrat, Of Utah. The only veter
ans woup which frown on the &C
| tion was the American Veterans' A.