Housing Loans Can Be
'2' '-7 - I
Made Senior Citizens
The Farkan Home Admin
istration, under the Homing Act
of l#4?, has tuthortty to Make
insured Senior Citaen Rental
Housing loans. Th? ohjective
Of this authority is tt provide
economically designed rental
housing and related facilities
for senior citizens in rural areas
suited to their special needs and
living requirements.
Senior citizens means persons
who are 62 years of age or over,
or families, the head of which_
(or his spouse) is 62 years of*
age or over.
Housing means existing struc
tures or structures to be built,
and related facilities which are
or will be made suitable for
dwelling u^e on a rental basis
by senior citizens in rural areas.
Related facilities means com
munity rooms er buildings, caf
eterias, dining halls, appropri
ate recreation facilities, small
garden plots, infirmaries, and
other essental service facilities
such as central heating, sewer
age and light systems needed- in
connection with housing.
Some of the eligibility re
quirements are: that the appli
cant be either an individual who
is a citizen of the United States
and has the. legal capacity to in
cur the obligations of the loap
or an organization which kas
the legal capacity to obligate
itself to give secnrHy for and
"Spring , cleaning should in
clude an 'airing' of insnrasce
policies to be sure that im
risks are adequately csvenl
without the needleta rtfoat
of overlapping polick*. Doe*
Coe Insurance and Beaity CoT
offer a free survey of insu^y
ance policies to be cortain J
reasonable coverage?"
raise revenues for repiynect of
the lout. Propose to provide Ut
rural are**, rental housing and
related facilities suitably plan
ned for saw or citizens and will
be made available primarily to
rural residents. Be unable to
provide the necessary housing
from the applicant's own re
sources and be unable to obtain
the necessary credit from priv
ate or cooperative sources upon
terms that the applicant could
reasonably be expected to ful
fill. Have inceme sufficient to
meet operating and other ex
pense*, necessary capital re
placements, and payments on
debts, including the proposed
loan.
The interest rates to the bor
rower win be 8 and 14 percent.
Each loan Will "be scheduled for
payment within the shortaet
period consistent with the bor
rower's ability to pay. In no
elite wlH the repayment period
be more than 40 years froa the
date of the note.
. Each loan will be secured In
a manner that Adequately pro
tects the financial interest of
the government.
When the loan is to finance
housing of mote than two rent
al living units, the borrower
shall not discriminate, or per
mit discrimination by any agent,
lessee, or other person in the
use of occupancy of the hous
ing or related facilities because
of race, color, creed or national
origin
The applicant will be requir
ed to furnish, a financial state
ment showing assets and finan
cial liabilities, together with
preliminsry plans and specifi
cations for the proposed housing
and other information necessary
for completion of such housing.
The borrower will agree to
permit the FHA to Inspect and
examine the security, books,
records and operation, that in
the judgment of the FHA may
bo needed.
' ' Other information concerning
this typo loan for individual or
organisations, and the necessary
information needed to file an
appliootion either by an Indi
vidual or an organkation inter
Wtad in providing housing for
senior dtiiens may be obtained
M ?o Farmers Home Adminis
tration office. The office is lo
cated in the county courthouse
in Boone.
Every man's, business is "big"
to him and his family.
Forward-looking workers are
now making plana for their
summer vacations.
BIG BASS ?Two large mouth bass were caught recently
from Watauga Lake near Arnejr'g Boat Dock. Top picture
shows Coy Billings of Vilas with a 23-inch 71b. catch taken
on ? homey head minnow, Aj?ril 20 Bottom photo is of
Carter Qoodson, St. Paul, Va., with a 14-inch TV? lb. bass
taken April 24 with a black eel jig. ;|jf &?,; ;
Draft Board Is Seeking
Information On Registrants
A great deal of difficulty U
being experienced In obtaining
current information for tl?|
records at Selective Service Lo
cal Board No. 96, according to
Joe W. Todd, chairman of the
board.
It ii a requirement of the law
that eaeh registrant provide his
local board with change of ad
dress, family status, student sta
tus, or physical condition.
Jn the case of an injury or
illness which might constitute
a disqualifying defect, a signed
statement from the registrant's
physician Is required by the
board.
Chairman Todd pointed out,
that there.. Is liberal provision
under the" law for the defer-l
ment from military service of
college students. Such defer
ments arc not granted without
proof from the registrant's
school that be is attending
school and progressing satisfac
torily. Each registrant desiring
doforment aa a student should
request each year that a student
certificate be sent his local
board. These certificates are is
sued by the registrar at the col
logM, and by the dean of the
graduate schools.
Registrants desiring defer
ment upon grounds of essential
occupations should addreas a let
ter to the local board requesting
deferment, and setting forth the
duties which he is carrying out
A written request for deferment
should also be sent in by the
tmployer. Such deferments are
irgely in the teaching, scien
tific, engineering and defense
supporting fields.
WashingtoniReport !
By JAMES T. BRQYHTLL
The jungle of incanstateaciea
blahdly called "the fan* prob
lem' 'is on* of the most perplex
ing iseues in Waahiogtoa today.
Having created the meu of crop
surpluses, soaring Federal seats,
tangles of controls, and confu
sion far farmers, the govern
ment seeks to aolve the prob
lem by rushing down the same
path leading to nowhere. Out
?f all thla came the debate in
the House of Representatives
last week on the extension of
the feed grains program. The
bill squeaked by narrowly in
the final vote, barely surviving
bi-partisan criticism.
It was claimed that we are
"on the verge" of ending the
surplus problem in feed graina,
that the program has reduced
surplus stocks of these grains,
saved the taxpayer the cost of
storing a ml handling the sur
pluses, and that it has contribu
ted ta a 10% increase In net
farm Income. -These would be
impressive accomplishments If
there were not so much evi
dence to the contrary. Feed
grains production was up In
1962 over 1961 despite the gov
ernment program of paying
farmers to divert acres away
tyrom it. Farmers who wanted
no part of the voluntary pro
gram increased their plantings
by ? to 7 millioa acree in 1981,
offsetting about one-fourth of
the acreage reduction paid for
by the government. If we add
to this the Increased yields per
acre, the surplus situation looks
far less rosy. The reduction in
surplus storage costs to the tax
payer may be valid. However,
domestic and export consump
tion has been a far greater fac
tor In these reductions than the
existing feed grains program.
When we sea that the program
cost three-quarters of a billion
dollars in 1961, 1842 million in
1962, and an estimated $963 mil
lion in 1983, we come to a point
of diminishing returns. At the
40 Gallon Water Heater
With The Purchase Of Your
First Electric Range!
BOTH RANGE AND
WATER HEATER MUST
BE YOUR FIRST
Replacing Oil, Gas, Wood or Coal
And Be Installed In Your Home
If you prefer not to participate in the "Free Water Heater Package Deal"
you may bay either the range, water heater, or an electric freeier and
receive the following amount! of free electricity for each:
Range ? $25 Free Electricity
Water Heater? $25 Free Electricity
Freeaer ? $20 Free Electricity
This offer good to residential members of Blue Ridge Electric Membership
Corporation from April 1 until June 30.
mm Ucm net farm Income went ,
down betfcreeft lMO u>4 1M2 ,
frofc *1% Of pnrity to T7*. the |
lowest since 1IM t
la vie* of all this, there it ,
room to apecalate about what (
the real purpose of the leglsla (
tion may be. Tl?e Secretary of
Agriculture adviaee thli pro- 1
gran la "vital." Nevertheless, 1
less than a year ago he declar
ed "the voluntary programs arc
too costly ? If the voluntary pro
grams were extended further,
through the 1066 crop*, the
cumulative additional c o a 1 1
would be about 94 billion. The
amount la equal to the average
Federal income tax payments of
nearly 5 million taxpayer*;
would build 87,000 miles of
modern highways; would com
plete 4,000 watershed projects "
Since the Department in the
past has sought vaat powers to
control acreage and prices of
feed graina and virtually all
farm commodities, it seems
that the only thing needed to
start the cfcuma beating again
for police powers over farmers
Is the admission of failure.
I was serioualy concerned not
only about the program itaelf,
but alao about some of the
changes carried In this bill. The
phraae "as the Secretary (of
Agriculture may determine"
was liberally sprinkled through
the MH. The Secretary, in ef
fect, would be empowered to
manipulate market prices at
will, decide who may partici
pate, and in general, aasnme
powers which in my opinion
Congress should spell out more
carefully if legislation of thll
kind is to be enacted.
The confusion over the laaues
of this program was demon
strated when an amendment was
offered refusing authority to pay
f
farmers (or ntt uwKi Iftlm
[who nevar grew fraiu) unlaw
Congress authorize payment*
.o city resident* who art also
Ml willing ? grow grain. Of
fotifae, this amaadMaftt ?n ?*
teated, bat it dM paint ap the
!aet that we may be appraachilw
i dead end id oar farm pro
(rams and that we should begin
*aari?g away the web of govara
nent tn which the farmer finds
limself entangled.
CAN'S ?rtk
St Petankurg. Fla. ? The
parking meter had just ran out
of time an* the car Owner (pot
ted a motorcycle officer jutt
aUrtiag to Write a ticket He
ran acrou the ftreet in the
middle af the block to tain car.
The cap asked if this was his
car.
"I'll give yau your choice,"
said the cop. 'YoO want a park
ing ticket or a jaywalking tic
ket?
ENGINE
REBUILDING
Doa't tolerate a winter-wearing gas-and-oii hog that's
robbing performance and driving pleasure. Our expert
rebuilding pate your engine la the pink . . . restore*
performance? saves gaa and oil.
Model 23K84. 23" screen (overall diag.
meas., 283 sq. in. viewing area). Avail
able In five graifted finishes on tem
pered genuine hardboard.
Model 23K89. 23" screen (overall diag meas.,
283 aq. la viewing area). In Mahogany, Wal
nat or Blond grained flnlshea en tempered
genuine hardboard.