The diamond drill., 1919-06-07


er been more beautiful than on that
evening when she saw who had come. |
She came down TO the barnyard gate
to meet us. She still looked pale and
frail. with the first pink flush OF
health returning TO her cheeks. and ]
could see that Uncle John wanted TO
pet her as II she were his own daugh-
ter. The boy was asleep. but Uncle
John wanted TO see him. Lorna took
US in. When we came out Uncle put
his hand on Lornas head and said;
Hes an honor TO the Brains family,
all right. and he ought to be proud
OF the fight his mother has made for
him"
Lorna smiled frankly into his eyes
and / could see that the admiration
was mutual.
Before any one else noticed. Uncle
saw that she was tired, and so he
hurried me of home.
He was very quiet on the way back,
but when we arrived, he climbed out
OF his car and came in and sat on our
porch, while did the talking
After while he interrupted me:
"Nice little home you have here"
he said.
"Yes, we think It Is comfortable"
replied.
own IT," he asked.
Great Scott no; wish we did"
"Pay rent, eh?"
"Yes."
"Thirty-three and a third per
month"
Huh! Four hundred dollars per
year" he said.
Pure ,Aste. Can you afford to
throw away four hundred a year,
Lord, no. but | can't afford to
build or buy"
Anyone can afford to buy or build
as good house as he can afford 20
rent
II don't see t." said,
If that wasn't true the landlord
+ couldn't afford TO own It and rent i
) to you. He expects to get legal rate
Of interest on his investment and q
: profit. II he didn't he would loan his
money on. farms. And then he has
Z the prospect OF another profit Ht
may make fine thing from the in.
! crease OF the value Of property, II 4
, is in a good neighborhood like this
what Is this lot WORTH
I About $SOOOO," / told him
\ what does the landlord ask foi
= the house aPd lot@
3 100000
9 THAT is not unreasonable, although
] lie is making snug profit, which h'
Z has a right to do
z "But now, Don, my boy, look at |
y from your own standpoint He buys
( the lot and builds the house and adds
y what he expects as profit when h'
K sells, making a total Of 100000, ano
! then he charges you four hundret
Z dollars per year rent, which is 10 pc
= cent on his selling price less the take
y and upkeep"
2 III you would buy this property
you would pay per cent on 100000
(less whatever you could pay down
which would be $4,000, and with ey
Z cry hundred dollars you applied, you
n capital would increase $4,000 an,
Is your interest would decrease $500
n Year after year your burden will de
IS crease and your capital will increase
] When you put your money into
e home, every year Sou grow richer
y When you rent every year you groy
+ poorer. And II you are sick or Grip
= pied or run into a financial panic 0
= grow old. your earning capacit
weakens and you begin to move fror
y place to place ana you 80 down an
e down until you are down and out 70
y. good"
= But might get a good deal Q
money IN and then fail and lose II al
q have friend who did that
q Wei, q man might have such
= series of accidents and calamities a
to make that possible. But even
= you should have only the lost hi
= money YOU would have paid for ren
= anyway You are as well OFF as III
4 renter who has los. his in smal
= amounts each year But loss lik
" that doesn't happen often. A ma
can always sell a sound equity an
4 II Il astonishing how many ways
q man can protect himself II he has
e home partly paid for and nearly ey
t...@f.a..4 ...... n. .a.fE..4 ..ftt. 4.