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THE
Veterans' Loan
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It costs the State nothing?and is of great value to the veterans in the owner
ship of their homes. In April 1926, two million dollars was issued/ 974 loans
have been made aggregating $2,345,2{|p.OO. The State pays 4 1-2 percent for
the money and lends it to the Veterans, at 6 per cent, payable in small monthly
payments. The only money available for new loans is that receiver in payment
on the loans already made. There are large numbers of applications now on hand'
g
'lV < ic*ii<*i*iiI AsseoiLly of authorized Two M itylojt Dol
lars mon- in bonds lor the Veterans IjOiiii Fund, iiimI exfeodi'd (bo
benefits of this IiiikI to veterans of the Spanish American War,
the Philippine Insurrection and the China Kekief Kxpeditiou. It
is this question which will Im* voted on, on November -4th, and we
ask the voters of the State to vote "For World War Veterans
(?' ? ? I
Loan Bonds. ? *
Comparatively speaking, the State of North Carolina has
done ve/y lijtlej<n- its World War and Spanish American veter
ans.. Only tlififce voters who were in the war themselves, know
what .these"vjiien?4'<>nt through. It was a patriotie service, but it
was unselt'isl^y ijendered.^There is. no valid reason why continued
support of the Veterans 14a u Fund should not be given bv voting
favorably on this additional bond issue'. It will mean so much to
the veterans who served their State arid 'Nation, and it will mean
xso little to the people of the State. Tlm* difference between inter
est paid on the bomb; and interest received from the borrowers,
Wilk be more than sufficient to take care of the cost of opera
tions.- The people of the State should not be called upon to pay
~;?.?ny; of the indebtedness contracted for this purpose. The Vet
erans Loan Fund will be self-supporting. "
jln'view of the fact that this loan fund has been of such in
estimable value to ex-service men who have been able to take ad
vantage of its provisions, and a number of others are waiting the
availability of funds to acquire homes, there is every reason why;
the people of the State should vote for these bonds.
I ' ~ .
Vote for the bonds! Vote for the veterans! It will cost the State nothing and
is the only hope that many of your defenders will ever have to own a little farm
0
or a home.
This space dedicated to our comrades of the World War,
by the publishers of
The Jackson County Journal