Thank you for visiting SNEWPapers!
Sign up free
Mcallen Daily Monitor
Mcallen, Brownsville, Harlingen, Hidalgo County, Cameron County, Texas
What is this article about?
The U.S. Treasury begins shipping $50 'baby' bonus bonds to federal reserve banks for distribution to veterans, with no direct mailing to veterans before June 15. This follows receipt of vouchers from the Veterans Administration, part of distributing 37,000,000 bonds and 3,000,000 checks under the bonus law.
Clipping
OCR Quality
Full Text
Federal Reserve Units Sent Papers.
WASHINGTON, Mar. 28-(AP) —The first shipments of bonus "baby" bonds moved out to federal reserve banks today, but treasury officials asserted no bonds would be mailed to veterans themselves before June 15.
Shipment of the $50 bonds to federal reserve banks started with the receipt at the treasury of the first vouchers listing veterans' and amounts due them as compiled by the veterans administration.
Forwarding of the bonds to the reserve banks is only one step in the extended process of distributing the 37,000,000 bonds and 3,000,000 checks due veterans under the bonus law. treasury officials explained.
What sub-type of article is it?
What themes does it cover?
What keywords are associated?
What entities or persons were involved?
Where did it happen?
Story Details
Key Persons
Location
Washington
Event Date
Mar. 28
Story Details
First shipments of $50 bonus 'baby' bonds sent to federal reserve banks upon receipt of veterans' vouchers from the Veterans Administration. No direct mailing to veterans before June 15. Part of distributing 37,000,000 bonds and 3,000,000 checks under the bonus law.