The Brantley enterprise. (Nahunta, Brantley County, Ga.) 1927-2014, January 13, 1955, Image 3

The Brantley enterprise., January 13, 1955, Image 3

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Newspaper Page TextREPORT GIVEN ON G.I. LOANS More than three million addi tional World War II and Post- Korea veterans throughout America are likely to get GI loans before their respective deadlines, Veterans Administra tion forecast today. Records show that while veterans throughout the nation were receiving 3 and one-half million loans, veterans in Georgia received 70,448 loans. On that basis, John M. Slaton, Jr., Manager of the Georgia VA Regional Office, said 60,000 ve terans may yet obtain loans in this area. A decennial report, a 40-page pamphlet entitled, “GI Loans, The First Ten Years,” released by VA on the accomplishments, impact, and future of the GI loan program, gave the nation wide estimates. The decennial report records the legislative and administrative history of “a bold venture in veterans’ benefits” that already has enabled more than 3 and one-half million veterans to bor row more than $23.5 billion for homes, farms, and businesses. In the foreword to the report, Harvey V. Higley, Administrator of Veterans Affairs, commends the foresight of the sponsors of the legislation which orginated the GI loan program. He praises the response of private industry to “what has become the great est government-sponsored credit venture of its kind” and pays tribute to the efforts of VA em ployees who have been engaged in its administration. Mr. Higley said that most of all recognition must be given to “the realization, the acceptance, and the unmatched performance of their responsibilities by the veteran-beneficiaries of the pro gram.” The decennial report describes in detail the progress of the GI Loan program from its beginning. It tells of VA’s key role in pro viding better housing for vete rans. In estimating that more, than three million additional veterans will use their GI loan benefits, VA said it seems reasonable to assume that at least a million more loans would be made to World War II veterans and at least two million to veterans with service since June 27, 1950, the beginning of the Korean con flict. Most World War II veterans have until July 25, 1957 to ob tain GI loans while Post-Korea veterans have until ten years af ter the end of the present emer gency, a date yet to be deter mined by presidential proclama tion or by concurrent resolution of the Congress GI loans, according to the re port, account for nearly 25 per cent of the nation’s total mortgage debt. Life insurance companies had 17 percent of their mortgage portfolio in VA mortgages in 1954, mutual savings banks had more than 25 percent, savings and loan associations had 18 per cent and VA guaranteed and in sured loans formed a respectable portion of the mortgage portfolios of other lending institutions as well. The substantial influence of the VA home loan program on the industrial economy of the na tion is borne out in the report by the fact that veterans have invested nearly sl7 billion in new homes with the assistance of GI loans. This sum in turn, the re port states, can be translated in to pronrotionate amounts paid to building trades craftsmen, to sel lers and producers of all ingre dient building materials, and thence into the economic stream. The sale of about a million and a half existing homes to veterans has bolstered the whole residen tial market and provided a con siderable stimulus to brokers, ap praisers, attorneys, title compan ies and others in the business of transferring ownership of real estate. Copies of the decennial report, “GI Loans, The First Ten Years,” are available at all Veterans Ad ministration Regional Offices. MORE FOR YOUR MONEY You can get more for your coffee dollar by taking advant age of the fertilizer value of used grounds. A 'couple of table spoonsful mixed with the soil near a vegetable or flower plant will contribute materially to its growth. Ts you want to posi your -'-and get the signs from The Bramley Enterprise. Signs read as follows; ‘Posted, No Hunting or Trespassing Allows 4 ”. Signs cost only five cent? «ach. Take a Look at Your Printing Needs Now Then Call Phone 2-2531 for Prompt Service and Fair Prices Srantleu Entrnrrist “Your Convenient Print Shop” THE BRANTLEY ENTER Mrs. Chester E. Martin, of At lanta, Chairman pf Gardens for the General Federation of Wo men’s Clubs, announces the plans of her division for 1954-56. She has set the wheels in motion to map a gardening program to pro duce health, friends, and open garden gates to happier homes, better communities and world fellowship. Mrs. Martin thinks there s no thing more effective in develop ing family unity than gardening together. “Gardening also deve lops responsibility and instills in children the knowledge that all that grows—plants, animals, talent, friendship—requires their care”. She suggests gardening as a means to bring grandchildren . and grandparents closer together. Mrs. Martin believes it is an expression of good citizenship to make our community gardens attractive. The community can be united by drawing all citizens Ga. Clubwoman Cites Benefits Os Gardening NAHUNTA HIGH SCHOOL Basketball Schedule for 1954-55 Season HOME GAMES JAN. 25 TUESDAY SURRENCY JAN. 26, WEDNESDAY, ODUM FEB. 4, FRIDAY, WACONA FEB 5 SATURDAY SCREVEN FEB. 11 FRIDAY, JESUP ATTEND ALL THE HOME GAMES NAHUNTA, GEORGIA into planning and carrying out garden club projects. Every school should have a garden division, she thinks, and clubwomen could be available at specified times to assist the child ren in the planning and planting. Another project she recommends for clubwomen is assisting in makin? school grounds attractive. She recommends garden ther apy in hospitals, with club v.omen assisting patients with their hos pital plots. She is asking various clubs in the United States to send “Seed for Democracy” to the Philip pines, because the climate there prevents the farmers from saving their seed. Send them addressed to “Seeds for Democracy”, San Francisco, California. Mrs. Mar tin is requesting that clubs write to the Federation’s International Clubs about “your garden and ask about their flowers, vegeta bles, flower arrangements and shows. Clubs are asked to con tinue their interest in the 2,200 acre International Peace Garden, which is on the international boundry line between North Dakota and Manitoba, Canada. Thursday, Jan. 13, 1955 It is dedicated to the cause of international good will. Mrs. Martin will award the American Eagle certificate to the senior clubs, and the Sequoia award to the Junior tubs whose projects show originality in theii* service tr the community. Projects will be judged on community-wide and long range planning nd worthwhile accom plishments. Reports should be in her hands by February 7 15, 1956. Mrs. Martin, immediate past president of Georiga federation, ment of their local community. -pm3 pagjEiua srq; ui a)Bdpqmd o; uauioMqnp biSjooq rb soSm ening program for the better- TELEVISION ANO radio SERVICE We repair any make ot TV. or radio. Prompt service. All work guaranteed. Our home service com pany will appreciate your patron age. Nchunta Television Company, Bill Parkes, proprietor. Located by the Nahunta Post Cifice Phone 2-3734. GAMES AWAY JAN. 13, THURSDAY, SURRENCY JAN. 14, FRIDAY, WILLACOOCHEE JAN. 18, TUESDAY, WACONA JAN. 21 FRIDAY, BLACKSHEAR JAN. 28, FRIDAY, PATTERSON FEB. 8, TUESDAY, FOLKSTON The Thought for the Week: Surely rhrough the seasons that have come and gone, Man has many reasons to welcome Christmas down; Watch with tender feeling as the stars grow dim, then all humbly kneeling welcome Him. hl KNIGHT-VICKERS DRUG STORE Win. R. Vickers and Ernes> Knight, Pharmacists Phone 2254 Jesup, Ga.