On Their Own

So far, the expected G.I. invasion of the small-business field via Federal aid is only a small-scale infiltration. Around 2,000,000 men will return to civilian life in the coming year, and those honorably discharged are eligible to apply for loans. But last week the Veterans Administration said it had guaranteed only 738 G.I. Bill loans for businesses, only 270 for farms (but 11,220 for homes). Total amount underwritten: $19,644,824.99.

Among those who had struck out for themselves, things were going like this:

¶Dark-haired ex-boxer James Vincent Portell, 32, was in business as the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!