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J^H
E-verybody Reads
THE CURE SENTINEL
^Official—Paper-of—-
CSare and Clare County
Established 1878
CLARE MICHIGAN FRIDAY MORNING, FEBRUARY 27, 1931
New Series, Vol. 39, No. 19
CURE COUNTY
WELFARE OFFICER
EXPLAINS BON
Veterans Not Receiving ^a
Dole, But a Loan On Face
Value of Adjusted Compensation Certificate
As Welfare Officer of our local
American Legion Post, it behooves
me to attempt to explain to the people
of this community and especially the
World War Veterans, the bill now
pending before Congress calling for
the immediate loan of 50 per cent of
the face value of the Veteran's Adjusted Compensation Certificates at
the rate of 4 1-2 per cent per annum.
• Naturally, as in the case of most
bills, this one has it's good and bad
features, but is in itself an attempt
to relieve the present depressed
financial condition and also to aid the
ex-service man who finds himself in
such a circumstance that the amount
forthcoming to him would tide him
over until better times; and in reality he is the only ex-service man really to be benefited.
First,—To the citizens who remark
that the ex-service man is getting another dole—let me explain origin of
the paper on which this bill is based.
During Mr. Harding's, administration
as President of the TJ. S. a bill was
introduced to adjust the pay of the
soldier, sailor, or marine serving his
■country in the World War at the rate
of $1.00 per day of service in this
country and ?1.25 per day for oversea duty. The bill was vetoed at that
time but brought before Mr. Coolidgo
during his administration as President and was finally passed over his
veto talcing effect on January 1st,
1925, to be payable in 20 years, but
in it was a clause saying that each
year a certain amount of the face of
each policy could be borrowed at the
rate of 6 per cent interest per annum. Now bless you, Mr. Citizen, and
Mr. Comrade, in June, 1931, we are
entitled to borrow at the rate of 6 per
«ent per annum about 25 per cent of
.our policy so the present bill is not
giving us anything.
Remember this — The average
policy of the World War Veteran's of
the TJ. S. as compiled by the War Department amounts to $1000.00 payable,
in full in 1945, providing no draft is
made on same. Now—when present
hill is e'mrted the Veteran with a
thousand dollar certificate can draw
•or father borrow $500.00 at the rate of
4 1-2 per cent interest per annum.
What does this amount to? Just this
—If- you borrow it and keep up the
interest each year—in 1945 when the
time limit of your certificate is terminated you will be entitled to the balance of tha face of it or $500.00, but
if you borrow the ?500 dollars and do
not keep up the interest and allow
it to be charged against your certificate each year, remember this,
that, in 1945*;, the interest thus accrued
will amount to $513.00 or in other
words'you will owe the Government
$1.3.00 an<L. will have cashed in your
entire policy in 1931. Other amounts
will figure in proportion.
Signed,
N, L. Tibbils,
Welfare Officer.
LIGHTNING
It doesn't .strike twice in the same
pl-lce, but, Will Rogers has been here,
twice, once in—They Had to See
Paris, and again in—So This is London, and now he is here in—
LIGHTNING
In which he discovers that marriage is a lettering and Reno is not a
Nummery. Funniest comedy of divorce since matrimony was discovered, Sunday, Monday l-2nd.
FEET FIRST
Harold Lloyd in a hurricane of happiness. Young and old will thrill and
gasp at this fun packed Lloyd Special—Tuesday, Wednesday 3-4—40-10c.
Matinee Tuesday 3:30—25-10e.
Saturday 28th—The Squealer —
Jack Holt—The Indians are Coming,
Saturday, March 7th.
AUCTION SALES
Wednesday, March 4th
Mrs. F. C. Bitler will hold an all
day sale at the farm located 1 mile
north and 6 east of Harrison. List
consists of livestock, farm tools and
household goods. Sale starts at 10:00
■ o'clock, with free lunch at noon.
Tuesday, March 10th
■ ■; Glenn Baker, residing 7 miles north
and 3 east of Clare, will hold an auc-
\ tion. on this date of general, farm
'equipment and livestock. Thos.
Groves, Auctioneer, ,
\**f
..,./. BAKE SALE SATURDAY.
The King's Daughters will hold a
sale of homemade bake /goods at
Frizls office Saturday.
ACHIEVEMENT BAY ANNOUNCED FOR VARGH4TH
The postponed Achievement Day
program ot the Clare County
Clothing Extension group will be
held at the High School building,
Clare; *next Wednesday, March
4th. The program of the day's
activities will be same except a
change of the main address. Mr.
Gregg, who was scheduled to
speak, can hot make the change
in dates.
LEROY CHURCH SUCCUMBS
AT UNIVERSITY HOSPITAL
AT ANN ARBOR SUNDAY
MOTHER-DAUGHTER BANQUET.
The Mother-Daughter banquet will
be given at the dining room of the
Congregational church Wednesday
evening, March 4th, under the aus-
piees of the Guild.
There will be toasts and songs by
representatives of the mothers and
daughters and a fine program is prepared for the occasion.
' Get your tickets early from the
committee who will wait upon, you
soon. The price will be $1.00 for two.
Leroy Church died Sunday at the
University hospital at Ann Arbor,
where he had "been a patient for several weeks.
He was the son of the late Coloriel
Nathan Church. He was a Spanish
war veteran and - was one of the
Rough Riders under Col, Theodore
Roosevelt, He leaves a widow and
two children, brother, Clarence, and
sister, Mrs. E. C. Marsh, both of New
York city. He was born in 1869 and
had lived the most of his life in
Ithaca and vicinity.
Mr. Church owned a large cattle
ranch near Clarence for a number of
years.
LECTURE SERIES CONTINUE
Rev. A. L. Davis is giving a series
of lectures from large charts at the
Southeast Sheridan School house, explaining Daniel and Revelations. If
you are puzzled about these books
•and their teaching you should attend
these lectures and ask questions.
We are compelled to do all we can
before the 5th of March as we have
to return the charts on this date,
that being the close of the lectures.
You are invited to come and get
your part of these good truths.
MISS Y«R CLOSES
SUCCESSFUL COURSE
N CLARE rMm
Public Meeting to be Held
at City Library Tonight
When Reports Will
be Read
The banquet recently announced
through these columns to be held in
honor of Miss Yoder, public health
service nurse, has been cancelled,
due to general health conditions.
The chairman of Clare. County Red
Cross Chapter, T- Carl Holbrook announces that a meeting will be held
this Friday night at the City Library
at 8:00 o'clock and reports will be
heard of the work accomplished in
our county by Miss Yoder.
Miss Yoder's services were been
'secured through the local Red Cross
Chapter and those who have followed
her work, speak only words of highest praise for her efforts. Her
thorough and capable mariner in
handling the many health problems
has brought many returns to our
county.
A report of her six months service
will be given next week, together
with her recommendations for next
year. Miss Yoder leaves this county
Saturday, and the committee in
charge hope she may be returned for
the next year's work..
This is a public meeting and all interested in the health benefits of this
community are urged to be in attendance.
ISABELLA
SCHOOLS TO HOLD
SPELLINGCONTESTS
Winners in Township to
Participate For County
Honors
WEST GRANT YOUN
MAN CONFESSES TO
SIMPLE LARl
Robs Neighbor of Miscellaneous
Articles and Hides Many
In Stumps on Farm
Tony Branigan, 20, of Northwest
Grant was arrested Tuesday by
Deputy Sheriff Grouse, on a warrant
which charged him with simple larceny.
He was brought before Justice Calr
lihan the same day, where, he maintained his innqcence, .but after considerable grilling by Prosecuting Attorney Holbrook, admitted his guilt,
and was sentenced to forty-five days
in the county jail.
Branigan admitted that he took a
watch, flashlight, a bag of alfalfa
seed, lady's dress and other miscellaneous articles from the home of
Chas. VanDenBurg, a neighbor, part
of which he hid in stumps on his
father's farm. Most of the stolen
goods were recovered.
DECORATING?
We are ready to do ypur decorating, also outside painting. See our
1931 wallpaper samples before- £bu
buy. Phoise l$i. - ••
18t2, Wm. Garchow*
The contests to determine the
champion spellers of dach, township
of Isabella County will be held Saturday, February 28, at ten o'clock
fast time.
Townships, places where contests
will be held, conductors.
Broomfleld — Broomtlelu Center,
Jessie Haight.
Chippewa — Landon School, Merle
HaijUit.
Coe—Shepherd H. S., Mary Wadle.
Coldwater—Brinton School, Ethel
Conley.
Deeriield—Deerfield Center, Bertha
Carroll.
Denver —• Leaton School, Minnie
Prout.
Fremont—Winn School, Alex Fox.
Gilmore—Glass School, Hildegarde
Groves.
Isabella—North Rosebush, Wilma
Cowden.
Lincoln—Liheoln Center, Gaylorcl
Caszat.
Nottawa—Beal City H. S., Huge
Martin.
Rolland—Blanchard H. S., Lily McCabe.
Sherman—'Weidman H. S„ Stephen
Fox.
Union—Mt. Pleasant H. S., Ethel
Pierpont.
Vernon — Vernon Center, Iyone
Gorr.
Wise—AndersonYille, Zella Gardner.
The two winners in each township
will participate in the county contest.
SURREY SUPERVISOR
TAKES EXCEPTION
UESTIOM
L. W. Finch Feels Town^
ship Will Suffer If State
Handles Construction
Program '
I have hesitated considerably as I
have thought of making reply to the
article written by Mt, Littlefield on
the larger units for ^governing our
county, because I have a great respect for the man who1 wrote it, and
again I realize the aptness of people
saying he is defending his job. I
realize that I have no life- lease as
supervisor and that tlte: people of
Surrey township lcn,ow""it. It seems
to me we are determined to be about
two or three jumps ahead of the fitness of our condition's. When we
went into the County Road System
our township was not ready so we
had to pay a county joad tax for
years before we were able to take
any advantage of it, but now we are
getting a tar better deal out of at. "Under the present plan we* can vote as
a township where we want a piece of
road on the county outline and have
it built but if it is turhed over to a
larger unit that unit will put the
road where it is most' needed and
serve the most people. That is what
the state does, so the state man told
us at the meeting at Evart. After the
traffic reached a certain amount they
considered it should be paved. Now
shall we as a township clamor for
something which will when we have
it put us in a condition where we
Will have to wait again until the better communities have again slipped
ahead of us. A thousand dollar road
will cost a thousand ','if the county or
township build it anji now we can say
where we want it arid in the larger
unit we can say it but can we get it?
1 consider it a privilege to do business for myself. Perhaps someone
could run my farm and make a greater profit than I do, (but the old
darkey said it is worf something to
be boss), so I feel we should not be
in a hurry to have too many what we
call modern ways at least until we
can afford it.
A short -ttore-Tkgo-^ehaol district No.
2 had a school tax of $12.00 per
thousand; No. 3 ?8.00 per thousand,
now we are paying $15.90 in. a township school beside the extra amounts
spent as an extra effort to put these
school bus lines in shape to make it
possible and then a snow plowing
program, which are all very nice.
Shall we complain at paying the fld-
ler, when we have sponsored 'the
plan? We have county men who
travel from 1 to 35 miles to their
(Continued on Page Six}
''Bought and Paid For," a Gripping Play
Famous Four-Act Comedy-Drama to Be Played Here by
Competent Cast of Professional Actors.
-.*>_ *
'*
* _■
[f*MMUnvnc«4<™4lK^
6> * O-
— v. <. i.<. ^ t'.^-.-^'y* f-v
"Bought and Paid For."
Possibly no more powerful or gripping play than "Bought and Paid For"
has appeared on the American stage during the past quarter-century. George
Broadhurst—the noted playwright—wrote it, and Frank Craven, the great
actor, originally starred in it, the play making record runs In both America
and England, <
"Bought and Paid For", is.entirely modern In plot and full of human
interest. It tells of a young wife's heroic battle for a principle against the
stubbornness of .a self-made man who contemptuously derides her objections
to his passion for drink because she has been "bought and puid for."
The author has so cleverly handled the affair with the aid of his celebrated comedy character,..Jimmy Gilley—the impecunious young man with
bright ideas—that the estranged couple are brought together and made" happy.
"Bought and Paid For" 1st a great play. Its high moral tone, its dramatic
power, its wonderful character* delineations make it .essentially serious in
intent, while its comedy situations have never been surpassed on the American stage.
This is the closing number of the Lyceum course offered hy the Sopho-
lpore class this year. This comedy-drama will be played here jaext Monday hight, March 2nd, at tM school auditorium.
ROLLAND THAYER TAKES
BRIDE FROM
ON SATURDAY EVENING
Miss Vera Kadwell and Rolland
Thayer, both residents of the city of
Detroit, were united in marriage at
the Congregational parsonage at Oxford, Saturday evening, February 21.
The couple were attended by Mr.
pid Mrs. Clayton Dietrich, of Detroit,
and the ceremony was performed by
the Rev. H. B. Johnson, pastor pf
tmmanuel Congregational church, the
impressive ring ceremony being used,
The bride is a native of Canada, but
She has resided in Detroit for several
years, and is employed at the Marylin
Shop on Washington Boulevard.
The groom is the son of Mr. and
Mrs. Louie Thayer, of Vernon, and
graduated from the Clare high school,
in the class of 1929. He is now in the
employ of the Crowell Publishing
Company.
The couple will reside in Apartment 803 at, 15340 Linwood Ave., Detroit. X
CLARE HIGH TEAM
DEFEATS EVART IN
THRILLING GAME
Two Overtime Periods Are
Needed to Win in Game
With St. Louis
The Clare High School basket ball
squad was at its full sti-ength Tuesday with every player in uniform and
as a result overwhelmingly defeated
Evart 29 to 17. A new combination
was used with Jordan, McKinnon,
Runge, and Comer playing their last
games for the high school. Chaffee
was at his regular position as forward
instead of center as "Frosty" Jordan
had sufficiently recovered from an
ankle injury to play practically the
entire game.
The game was a thriller from start
to iinish with the Clare boys forcing
the issue throughout. The game was
hard played and fast with our boys
breaking away for many close-in
shots. McKinnon and Chaffee did
most of the scoring, the former getting five baskets aild five free throws
and the latter four baskets and two
free throws, The guards came in for
a lot of work and each played a fine
defensive, as well as offensive, game.
Frosty played great at center.
The boys held the lead throughout
,the entire game with a four point advantage at the half. The other boys
on the first squad—Waite, Upthe-
grove and Wilson—got into the game
In the fourth period.
The second teams played a good
game but here, too, the Clare boys
were far better than their opponents.
The Evart second team did not score
at all the first half and the Clare boys
had everything their own way. The
score at the end of .the half was 15
to 0. However the boys from Evart
came back strong in the third quarter
but could not overcome the long lead
even though all the Clare second
team players were used. Kanarr
started at center, Allen and Elden at
forwards, and Mussell and Randall
guards, Blystone, Hamlin, McAllister
and Kleiner also played part of the
game. The final score was 20 to 12.
The tournament drawings will be
made next Saturday afternoon at the
high school in Mt. Pleasant. A
schedule of games and time of playing will be posted at Anderson's store
next Week.
One of the most exciting games
seen on the local basket ball floor
this year was played last Friday
night when St. Louis played a visit
here. The game was the. longest
played by our high school team for
several years requiring two overtime
periods before the tie was broker and
the Clare boys were defeated 22 to 21.
St. Louis was ahead at half time for
a small margin5 but Clare came back
in the last halt to tie the score and
near the close of the game forge into
the lead. But this two point lead
was erased in the final seconds of
play by a long basket by a St. Louis
player. And overtime period was
necessary but no scoring forced another overtime. But here St. Louis
made a field goal and Clare only a
foul shot and the game went to St.
Louis. It was a finely played game
with plenty of thrills and tense moments.
The second team game ended in
favor, of Clare by a lG.to 7 score.
PROMINENT CLARE
NSURANCE DEALER -
MEETS TRAGIC DEATH
SHERIDAN SCHOOL
HOLDS HIGH PLACE
IN SEAL CONTEST
-4>
The Brewer school, taught by
Bertha Babcock, sold more Christmas seals on the basis of enrollment
than any other school in Clare
county, the Michigan Tuberculosis
.Association announces, and will receive in reward an attractive set of
six colored Indian health posters. The
prize for the second best county sale,
.consisting of the health game
"Dodjum", was won hy the Franklin
No. 3 school, taught by Hazel Wallace.
According to the report of the Tuberculosis Association, a total of six one-
room and two-room schools in the
county won prizes for seals sold in
the, December, 1930, sale. The prizes
included, one "ball of fun", one
"Healthyland" books, and four sets
of health posters.
$6,476.71 worth of Christmas seals
were sold by pupils of one and two-
room schools in the sixty Michigan
Counties to which seals are sent directly from the office of the Michigan
tuberculosis Association. This sum
represents a substantial part of the
state Christmas seal fund, which
gains its principal volume from seals
sold through the mail and through
local chairman.
FORMER CLASE
ARBOR STUDEI1
Miss Mildred Reading Became Bride of C. J.
Wheeler Saturday
Announcement has been received
of the marriage of Miss Mildred Reading, .formerly of Clare and now of
Ann Arbor, to C. J. Wheeler, Jr., of
Bay City, February 21st, 1831.
The bride is the daughter of Mr.
and Mrs. C. A. Reading and attended
the Clare Schools until the family
moved to Ann Arbor in 1924. She
then entered the University High
School of Ann Arbor, graduating" in
1929 and since then has taken up
Studies in the University of Michigan
and the University School of Music.
Mr. Wheeler is the son of Mr. and
Mrs. C. J./Wheeler, of Bay City, is a
student in the Engineering Department of the U. of M. and is prominent in student affairs. He is a member of Michjgamua, a senior honorary
society Theta Chi Fraternity, a member of the Board in Control of
Athletics and also the Student
Council. During the past three years
he has been a member of the Michigan foot ball team and last fall was
voted the most valuable member of
that team. He also played on th6
Eastern foot ball team in the Shrine
Christmas game at San Francisco.
Mr. and Mrs. Wheeler will make
their home at Ann Arbor until the
completion of Mr'. Wheeler's college
course.
OHN LARMAN IS
AWARDED DEGREE AS
MASTER FISHERMAN
Local Garage Man Brings Hr me
. Pike Weighing Twenty-eight
Pounds and Measuring
Forty-three Inches
/
EARLY SPRINGJ>REMCTED
New and .colorful wall papers now
on display. Incomparable prices and
patterns.
New location. 708 North McEwan.
Open evenings. . . •
S. Carrier, (Sandwich Shop).
This is last week' of Rexall Birthday sale.—adv.
Many fish stories have been floating in Clare county of late, but last
Sunday John Larman, of the Ford
garage, brought home one from the
Beaverton Dam, where he had been
fishing, that entitled him to a Master
fisherman's degree.
To back up nis story he brought
with him the proof which was a pike
measuring forty-three and one-quart-5
er inches long, twenty-four inches
around the body, eight inches in
depth and weighing twenty-eight
pounds.
The' fish was caught about eleven
o'clock in the morning on a hook and
line baited with a two' and one-half
inch minnow. It is needless for us to
state that John suffered a severe case
of shattered nerves at the experience,
but was sufficiently recovered Monday to give a clear detail of the encounter.
The great grandfather of the finny
tribe is being mounted by O,1 A.
Derby, our local taxidermist. * .
A. S, Crigier Instantly Killed Last Week Thursday
Evening South of
Rosebush
Lights of Auto Suddenly Burn
Out and Gar Goes to Ditch.
Collision Occurs Soon After
Being Replaced On Pavement
This community was shocked and
grieved last week -Thursday evening
when it became known that AI. Crigier, prominent insurance man of this
city and former sheriff of Clare
county, had met with a tragic death
while returning home from a business
trip to Lansing.
The accident occurred one mile
south of Rosebush about 9:30 o'clock
when both of his headlights burned
out. A light snow which had covered the road made it almost impossible
to distinguish the pavement and it is
thought that in the darkness the
front wheel of the car run off the side
of the pavement into the soft mud
which pulled his machine sideways,
causing him to run to the ditch.
Mr. Crigier walked to Rosebush to
get help and secured the assistance
of Edward Neff with a Chevrolet and
several men. Returning to the scene,
they had'managed to get the auto
back on the pavement and were planning to run it blind to Rosebush behind the Chevrolet, where new lights
.would be secured. It is thought that
Mr. Crigier had stepped to the front
of his car while the chain was being
loosened from the rear. At this instant, James Radey, 18, living one
mile south and a short distance east
of Rosebush, accompanied by a neighbor, Gardner Muterspaugh,a20, came
■from the north and, not seeing either
Crigier or his car, crashed into both.
Mr. Crigier was extricated from beneath the Radey car dead, he having
•eccivccl injuries about the head and
body that caused instant death.
Messrs Radey and Muterspaugh were
cut and bruised about the face and
body, but their injuries" are "not"
thought to be serious.
The Isabella county sheriff was
notified and was soon on the scene.
He took Mr. Radey into custody for investigation. The inquest was. held
Friday afternoon at Mt. Pleasant before Justice Wardrop's court after
which Radey was released by order
Of Prosecuting attorney Gerald Cotter following the joint statement of
th'e inquest board that Crigier's death,
was the result of an accident. .
Mr. Crigier was recently appointed
as an inspector in the motor vehicle
division of the office of the Secretary
Of State and was returning from receiving the final instructions as to
his duties when the tragic end came.
.Alpha S. Crigier was born at Utica,
N. Y., September 12th, 1872. He was
united in marriage to Miss Ida May
Harper of Harrison, June 27th, 1905.
•To this union were born three chil-
dr:.n, Trancis, Necnah and Wallace.
Previous to his coming to Clare
-Mr. Grimier conducted a grocery store
ct Harrison and served Clare county
as sheriff during the years 1922-'26.
In the year 19 2S he purchased the
Clare Realty Co., and moved his family to this city.
Besides his faithful wife and Chree
children, the deceased is survived by
an eighty-four year old mother, Mrs.
Martha Jenkins, and a brother, Walter Crigier, both of Harrison.
Funeral services were held from
the home on west 5th street Sunday
afternoon, Rev. Albert Dawe, of the
Congregational church officiating,
and interment made in Cherry Grove
cemetery.
The large number of friends that
attended the funeral and the many '
beautiful floral tributes gave silent
testimony of the esteem in which the
deceased was held in Clare and northern Isabella counties.
MRS. WM. MAXWELL '.'•
DEPARTS THIS LIFE
Esteemed Wise Township Lady
Dies Following Continued
Ulnes <
As we wo to press we learn-of the
death of Mrs. Wm. Maxwell, of AVise
township, which occurred at , her
home near Herrick Wednesday night.
The funeral will be held from the
home Saturday afternoon at two
o'clock, Rev. W. W. Hurd officiating:
and interment made-in Cherry Grove.
Her lifef sketch will appear neit
week. ■ '
Rexall Birthday Sale ends Saturday night.-—adv. '-. • ■ '<■- . «
Object Description
| Title | 1931-02-27; Clare Sentinel |
| Date | 1931-02-27 |
| Publisher | R. G. & F. A. Jefferies |
| Description | Friday, February 27, 1931 issue of a Clare, Michigan newspaper. Published weekly. Began publication in 1896. Previously known as Clare Sentinel and the Democrat-Press. In 1923, absorbed the Clare Courier. |
| Subject/Keywords | Clare (Mich.) - Newspapers; Clare County (Mich.) - Newspapers; |
| Copyright Permission | 1923-1999: Copyright to the Clare Sentinel is held by the newspaper. Copyrighted material is reproduced with the permission of the newspaper. |
| Type | Newspaper |
| Format | JPG/JPEG |
| Language | English |
Description
| Title | 1931-02-27; Clare Sentinel |
| Date | 1931-02-27 |
| Publisher | R. G. & F. A. Jefferies |
| Description | Friday, February 27, 1931 issue of a Clare, Michigan newspaper. Published weekly. Began publication in 1896. Previously known as Clare Sentinel and the Democrat-Press. In 1923, absorbed the Clare Courier. |
| Subject/Keywords | Clare (Mich.) - Newspapers; Clare County (Mich.) - Newspapers; |
| Copyright Permission | 1923-1999: Copyright to the Clare Sentinel is held by the newspaper. Copyrighted material is reproduced with the permission of the newspaper. |
| Type | Newspaper |
| Format | JPG/JPEG |
| Language | English |
| Transcript |
\ \ J^H E-verybody Reads THE CURE SENTINEL ^Official—Paper-of—- CSare and Clare County Established 1878 CLARE MICHIGAN FRIDAY MORNING, FEBRUARY 27, 1931 New Series, Vol. 39, No. 19 CURE COUNTY WELFARE OFFICER EXPLAINS BON Veterans Not Receiving ^a Dole, But a Loan On Face Value of Adjusted Compensation Certificate As Welfare Officer of our local American Legion Post, it behooves me to attempt to explain to the people of this community and especially the World War Veterans, the bill now pending before Congress calling for the immediate loan of 50 per cent of the face value of the Veteran's Adjusted Compensation Certificates at the rate of 4 1-2 per cent per annum. • Naturally, as in the case of most bills, this one has it's good and bad features, but is in itself an attempt to relieve the present depressed financial condition and also to aid the ex-service man who finds himself in such a circumstance that the amount forthcoming to him would tide him over until better times; and in reality he is the only ex-service man really to be benefited. First,—To the citizens who remark that the ex-service man is getting another dole—let me explain origin of the paper on which this bill is based. During Mr. Harding's, administration as President of the TJ. S. a bill was introduced to adjust the pay of the soldier, sailor, or marine serving his ■country in the World War at the rate of $1.00 per day of service in this country and ?1.25 per day for oversea duty. The bill was vetoed at that time but brought before Mr. Coolidgo during his administration as President and was finally passed over his veto talcing effect on January 1st, 1925, to be payable in 20 years, but in it was a clause saying that each year a certain amount of the face of each policy could be borrowed at the rate of 6 per cent interest per annum. Now bless you, Mr. Citizen, and Mr. Comrade, in June, 1931, we are entitled to borrow at the rate of 6 per «ent per annum about 25 per cent of .our policy so the present bill is not giving us anything. Remember this — The average policy of the World War Veteran's of the TJ. S. as compiled by the War Department amounts to $1000.00 payable, in full in 1945, providing no draft is made on same. Now—when present hill is e'mrted the Veteran with a thousand dollar certificate can draw •or father borrow $500.00 at the rate of 4 1-2 per cent interest per annum. What does this amount to? Just this —If- you borrow it and keep up the interest each year—in 1945 when the time limit of your certificate is terminated you will be entitled to the balance of tha face of it or $500.00, but if you borrow the ?500 dollars and do not keep up the interest and allow it to be charged against your certificate each year, remember this, that, in 1945*;, the interest thus accrued will amount to $513.00 or in other words'you will owe the Government $1.3.00 an |
