VA Says Vets Money Due in Monday Mails

Financial worries of veterans here seemed lessened yesterday as Veterans Administration officials predicted that most ex-Gl's would receive their delayed subsistence checks in the mail by Monday. The checks were sent out shortly after President Truman signed legislation authorizing now funds for the V. A.

Veterans facing immediate financial problems were able to find prompt aid here in Cambridge through an emergency channel set up by the University chapter of the American Veterans Committee, as AVC officials reported that their efforts to alleviate the situation had been in most cases successful.

Bank Stops Charging

The Harvard Trust Company announced that it had dropped even the special minimum loan rate of 50 cents, which it had granted previously to veterans certified by the AVC. There will now be no charge by the bank for the emergency ten-day loan.

While the AVC-sponsored advances were intended only for graduate students, officers of the group reported that undergraduates referred to the University loan office found regulations there much relaxed, as the College acted to meet the financial crisis facing veterans.

Unless the checks come through the mails promptly, the AVC expects an even greater onslaught of requests for loans than it already has handled.