Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-08-28
Increase in Interest
On Veterans Loans
Opposed by Legion

0RkOolt1Oll W oily k1ACACe III
the interest rates on veterans
loans on housing was voted to-
day by the American Legion's
National Economic Commission
executive section in a pre-con-
vention meeting at the Sheraton
Carlton Hotel.
The group also will oppose any
change in the method by which
VA loans are administered, 1t was
reported.
In addition, the commission
opposed transfer of functions af-
fecting veterans to any Govern
ment agency other than the Vet
erans' Administration.
Objections Pointed Out.
The commissions actions will
be reported through channels for
consideration in the policy mat
tiers to be presented to the con-
vention.
w. c. Daniel, Danville, Va,
the commission chairman, said
the group wishes to emphasize
the local : level approach in
matters affecting veterans adj
justments. The commission is
working to further an economic
program, including these OBJ
jectives:
Cd Employment of all vet
Grams. including job opportunities
for young veterans. greater con-
sideration for the physically
handicapped in the labor market
and adjustment of prejudice
against employment of older
workers.
(2) Holding the line" on vet
Grams preference in Government
employment through full en-
forcement of the Veterans
Preference Act of 1914 and more
authority for the Civil Sarvice
Commission to enforce the act.
Seek Employment Aid.
60 Adequate Government en-
ployment aids through sufficient
appropriations for the Veterans
Employment Service and expan-
sion of the counseling clinics of
the Civil Service Commission.
ca A housing program that
will put home ownership within
reach of all veterans through
maintenance of the CT Home
Loan program within the VA.
opposition to any increased
housing costs to veterans, in
Guiding limitation of CT home
loan interest rates to Az per
cent, continuation of the VA
direct-loan program in all areas
where private capital is not
available and veterans prefer
ence in occupancy or purchase
of Government war housing.
60 A square deal" for vet
Grams in agriculture through
adequate funds for the Farmers
Home Administration and con-
tinuation of the VA on-the-
farm training program.
Meanwhile, it developed that
the Department of Labor is
actively seeking support from
the American Legion in its plan
to amend the law governing I'M
employment compensation bene-
fits for veterans.
Rocco Siciliano, Assistant Sec
rotary of Labor. yesterday out
lined the Labor Departments
plan to the Economic Commits
sion.
| He said the plan calls for a
three-year cutoff period from
the time of discharge. At the
end of the three years, a vet
GRAMS right to apply for the
benefit, $26 a week for up to
26 weeks, would die.
No Action on Bill.
Mr.. Siciliano said the pro-
posal was introduced in the 83rd
Congress but was presented so
late in the session it was not
acted upon.
1--WE didn't press for It's en-
actment in the last session be-
cause we wanted it to be fully
discussed before action is taken"
he said.
Members of the Economic
Commission. which is headed
by w. c. Daniel, of Danville,
Va. indicated they favor the
suggested change.
Deficit in insurance
A $7,560,oO0 deficit from IL
months operation of the Nation
al Insurance Fund of Northern