FURNITURE LOANS

Wairarapa Times-Age, 26 August 1941, Page 6

FURNITURE LOANS

ASSISTANCE TO RETURNED MEN GRANTS IN NECESSITOUS CASES. STATEMENT BY FINANCE MINISTER. (Bv Telegraph—Press Association.) WELLINGTON, This Day. Details of the Government’s scheme for assisting discharged service men to purchase furniture were announced today by the Minister of Finance (Mr Nash) who said the Government would assist in the rehabilitation of returned soldiers by making approved applicants free of interest loans up to £lOO. The Minister said a man would be expected to 'purchase furniture for himself if he had the means, and each case would be treated on its merits. The applicant must be a discharged service man, whether sailor, soldier or airman, and he must be married, or about to be married, or else a widower with one or more children. The widows of deceased service men, with one or more children, and also dependent widowed mothers would be eligible for loans. The loans, which would not exceed £lOO in any case, would be administered by the State Advances Corporation on a hire purchase basis. The corporation would make every effort to safeguard borrowers from exploitation and to ensure that they were supplied with good furniture. There would be some classes of borrowers who might receive rebates, said Mr Nash. A totally disabled man, in necessitous circumstances, may receive an amount up to £3O, and a service man’s widow, with one or more children under sixteen, in similar circumstances, might receive the same concession.