davidaulloa/AmericanStories huggingface dataset:
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1919-01-29

scheck, Peter Welter, Mrs. peter Welter
=. 9. Wichtel Mrs. o. c.. Wichtel. Rev
- - Z: Wheeler, "A. Fl. Weddendorf Mrs. a.
NJ -: " eddendorf, Mrs. e. F. Wheeler Ed.
~ agner, Mrs. Ed Wagner, John Wiedl.
hugo Windhorn, Mrs. Hugo Windhorn'
los, 70 ,A-AHiesnaEs=I .ouis. Weber, Prof. M u
wa, Wi1lgner, Mike. Wendinger, Arthur Wis
s w. ~ enz Wallner I. F. q. Ward I'd.
Henry Younker. q. i
=. :, Wenzel Zangel. Fritz zangel, Frank
11sangel, John Zangel John G. Zupfer, Jos.
1z;upfer, Mrs. Zupfer, Frank Zupfer, Mrs.
Conrad Zankl, Mrs. Emma Zimmermann
Ant J. Zischka, John zoller, Peter lin.
I mel, Ant. y: Zwack, G. a. Zelle, Miss
Zangel, Karl ziegenlagen, Ant. j. zeig.
zschunke, Mrs F. p. Zschunke.
gretchen Zschunke, Melvin Zschunke.
Joslyn Zschunke, John Zischka, Mrs. j.
zlschka, Mrs. M. Zieske,s Paul Zobel, Mrs.
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1919-01-29
CREAM FOR cATARRH
OPENS UP N0STRILS
Tells How 70 Get Quick Relief
from Head Colds. It's Splendid!

In one minute your clogged nostrils
will open, the cir passages Of your head
will clear and you can breathe freely.
No more hawking, snufHing, blowing,
headache, dryness. No struggling for
breath at night, your cold or catarrh
will be gone.
Get q small bottle of Ely's Cream
Balm from your druggist now. Apply
q little Of this fragrant, antiseptic,
healing cream in your nostrils. It PEN
etrates through every air passage Of the
head, soothes the infamd or swollen
mucous membrane and relief comes in
5stantly. =
It's just hne. Don't stay stuffea-upi
with cold OF nasty catarrh Relief
comes 80 quickly.
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1919-01-29
WHAT TO USE TO
PREVENT APPENDICITIS

New ulm people should know simple
Duckthorn bark, glycerine, etc, as
mixed IN Adler-i-ka flushas the ENTIRE
bowel tract so completely that appen-
dicitis is prevented. ONE SPOONFUL
Adler-Eka relieves ANY CASE sour
stomach, gas OF constipation because
It removes ALL foul matter which
clogged and poisoned your system
The The INSTANT action surprises both
doctors and patients. an
2. sA. PFEFFERI.E,
~ Druggist
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1919-01-29
LOCAL, NOTES

e.s.s-a-e.O
Judge Frank Clague was. in New Ulm
the greater part of last week.
Armin Tauer visited with friends in
Mankato the fore part Of the week.
VIM. Norman Of the Review force
spent Sunday at his home in Springfield.
Fred Krenz from Sleepy Eye trans
acted business in New Ulm last We'd
nesday.
Fl. t. Peterson from Marshall en-
joyed visit with friends in New Ulm
Saturday.
Franklin Edwards from Marshall was
a business visitor in New Ulm during
i the week
John Mertz has returned to his home
IN Shakopee after short stay with
relatives i'll this city.
Mrs. Jos. M. Sontag Of Essig is be-
ing cared for at a local hospital She
Mrs E. G. Schmidt has returned to
her home in Tracy after a pleasant visit
at the a. L. Schrader home.
Mr.. and Mrs. Wd Eibner spent sew
eral days the past week attending to
business matters III the Twin Cities
e. nd. 4 !.
discharge from the service and has re-
turned home. He was stationed near
indianapolis, Indiana
The interior Of the Red Front grocery
has been newly decorated in light tan.
The improvements give the store a
brand new appearance.
Emil F. Lee Of Hanska has accepted
Ia position with the War Camp Com
/ munity service at Admission, Alabama
and has departed for that camp to take
charge of his duties.
| G. B. Hough visited at the Harry
Hough home in Shakopee several days
| last week. He was on his way home
from attending the Lumbermen IS Con
/. vention in Minneapolis.
! Miss Esther REIN has accepted DO
Isition with the Northrup- King Seed Co.
in Minneapolis. Her brother Victor is
|. a student at the State University and
the two are planning to study music
! together.
Gust. Bruess of near Sleepy Eye
transacted business in this city last
Wednesday. He was accompanied by
his son, VIM. f. Bruess and Sergt. w.
&. Hale, who were recently mustered
out Of the service Of their country.
r. R. Kemski, Prof. Herman Helm,
Armin Heymann and Roy Fenske at
tended the Turnta9 of the st. Anthony
turnvefein az Minneapolis, Sunday.
The occasion was the sixty second an
niversary Of the organization of the
Minneapolis society. "s-ss kasm.
Patrick Hughes died at his home in
St. Peter last Tuesday. The deceased
was born in Ireland in 1S43 and was q
territorial pioneer Of Minnesota, hav
ing settled i'll Lake Prairie township
with his parents in 1857. He is sur
yived by eleven children.
VIM. Hall, son of Mr. and Mrs. W.
w. Hall has received an honorable dis
charge from the service Of his country
and has returned to his home in this
city. He was formerly located at JEFF
ferson Barracks and in a South Caro-
lima camp. He saw service in France
for the past six months.
President Wilson has saved the life
Of a Fairfax boy according to the /
Fairfax Standard. Ernest r. K. Leub
Vas sentenced to death because of de- {
'ertion and refusal to wear the uniform
resident sid Wilson committed this sen
ence to dishonorable discharge and
Wenty years imprisonment Leub was
! member of the 1853 Depot Brigade. Il
lamp Dodge, Iowa.
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1919-01-29

:, Frank ~ Tauscheck, Arthur Teynor. Mrs.
John Tobeerer, Anna roberer, Eifrieda To ,.
D 3, John rhiel. Mrs Wenzel Tauer.
", ~ m. Thtiedenant1, Jos Teynor, Geo.
later, Iheo. Tomaschko. Hubert Theis-
fe'' rilim aaew otto q paTe eGna Mrs g Thes
Thiede. Jos. w Tastel, Aug, Thiede
Mary ra'uer Elsie Teschner.
j. W. Ulrich
D. G.. Veecs. Mary Jene Veeck ,o,,is
1osel, John Vogel, Anton Vomacka Mrs
Jos + Vogel, II. II. Vogelpohl, Ella j.
cb besl Vogt = y " E Edward yogel, Mrs.
coe, Walter 3. yercoe. Alice NJ Verc g.
Ioorothy vercoe, Mrs. r. c. Veeck. C,has
y Geek, Marguerite Vogel Chas VogfeI
! MRS IS. y. vetter, Mrs. L. G. Vogel. Ben.
l. L, y. Netter Leonard Vetter, Herman Vogtel.
Elmer y sogelpohl, Mrs. S. Vetter
Paul Weise. Jacob Weier, Ant. we;se
Az nln. Mled Ie 2. Walrath. Louis Windhorn,
Miss Hertha Weschcke. Mike wa n9I,1enr'
EDWARD Wegner, John Wandersee FRA nh
W ,s, ili1nger. Anna Welter John Wartha.
M y IS ,John Wartha, Mrs. NJ. Woebke. Ed.
lori. J. Windland Otto Wiedenmann
Mrs; OTTO Wiedennlann, Ruth Wenstrnn,
'red. !. Wilfahrt, Fred Wendinger Mrs
1ouise Weilner, Fl. III. Walter, Mrs 81. II. /
va Miss Lena Wiedenmann. Mike
Mr oii - Eml M vlct DR.. G.. Weiser
Tred. Williams, VIM Winkelmann Mrs
Nm. Winkelmann, Martin Windhnrn
;atherme Weller, Louise Winkelmann.
lara Winkelmann, Mrs w. IN. Wendt''
a1rl Wolf. Joseph Wolf Frank wilt
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1919-01-29

Herbert Groebner, jos Groebner. Jos.
'iulden, Frank Grausam, Henry Guem-
mer. John Gollnast, John Gerhard, Hen
ly Guemmer, John Guldan, Minnie Glea-
T trona Wm Ma GarelT; Amin Gruber, Rudolph
t,oblirsch; John G.: Grcnau. Mrs. John O.
1 lInm11; Mrs; p Guth. Jos; + Groebner
Mrs. c.. II. Gieseke. Virginia GieseIe
Agnes Gieseke Henry Goede. Geo. Gle
Seke, Jr. Lena Glum, Herbert Grussen-
k er Mrs. AMIR GrueGePfel6Sr Herman Ges
Mrs. E. Gieseke. Mrs JOS. Gag, Jos. a
G1 5ILt JOS Carols, Albert Gag. Mrs
Gsrt Gdag CLARENCE Are c Grnssendorf Chas
Louise Grussendorf, Henry Grussendorf.
Marie Gruenenfelder, Rose Gruenenfelder'
Mrs Mrs; C. &c Gerboth, L: A. Gaut, Mrs. L. A.
Earl Griffiths, j. B. Groebner, Mrs. J. Is
atiroebner, Mrs. Rose M. Gaag, Frank
GS Gre a1el Andrew Groebner, Frank Cru
Craft, Geo. 0. CASTER, Mrs. Geo O. Cast
Ter, JOS. Gilley. Rev. j. Cores JOS. Gas
ser. - Gasman, Geo. Gag, James F.
'ner, Gust Guse.
Helget, Jos. Hogen, Edward j. Hoffman ~
Howard Haling, Jos: Herzog, John Her
z zfain John GHa Ha4enstein Jr, Carl Hauen
Mrs. Chas. Hauenstein, Miss Alice Haze,
be el;L Miss Frieda Hoffnann e. R. Hen
piHx, Mrs hrs e; r Hsnnick; Pr. g A.
Herriges, Mrs Ed Hoffmann, Mrs. l Haga
Ter. Alex. Henle, Jos Hoffman, Mrs. Nat.
Hamann, N. Henningsen, Mrs. n. Hen |
ningsen, p. G. Hage, Mrs Il. G. Hage. a.
=: Hillesheim, Louis Haas, VIM. Heilman,
II Haeberle, Carl Hammermeister, II. |
s. Hennick, Alvin Harmening, Mrs. A I
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1919-01-29

albert Pfaender. Mrs Albert Pfaender
1 M;nlan ~ pfaender. John Albert Pfaender,
SINGER. John Pregier. Otto Puh1mann
MIS- Otto Puhlmann. H. Payne Mrs,
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1919-01-29

Yrs Id! OZias. Miss Meta Ortiz, Albert
j. \: Ochs. Mrs. J. A. Ochs, Ella Ochs. O.
u. olsen Mrs. Q. Nj. Olsen. Mrs. Anna
u u,r;1li y NJ Olsen, Mrs l. NJ. Olsen,
Olson. Mrs. A O. Olson, Richard p ~.
son, Howard J. Olson, Stanley Olson Alice
y ,,E MISS Viola Olson. John O'NIeara
n a.rs, - y, CMea;e. Otto r. Oswald. Mrs.
Stto r. oswald. Leona Oswald, GottIieh
s n. Fred. w, Oswald, Mrs. 6. a
, albert P1aender. Mrs. Albert Pfaender.
Nltlllln BfapnlG1 Inln, A -,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13

Chestnut street, Camden; fracture Of
the skull; Cooper Hospital, serious.
Walter Palmer, five years old, 213o
Watson street, Camden; cuts of face
and body; Cooper Hospital.
John Muciha, nine years old, 1923
Atlantic avenue, Camden internal in :
juries; West Jersey Homeopathic Hos
pital, serious.
The Walter boys was struck by an
automobile driven by Samuel Spanisall,
of 224 Haddon avenue. Camden, in the
street in front of his home. The child
was knocked down by Spanisall's s
machine when he ran before it In try
ing to dodge another car. Spanisall is
being held by the police.
Walter Palmer was struck by an au-
tomobile driven by James Pierce. of
Mount Holly, n. j. The boys injuries
are not serious.
The Muciha boy was run over by a
double team wagon while going on an
errand near his home. Two wheels of
the wagon ran over his body. probably
fatally injuring him internally.
Following the accident the driver of
the team is said to have whipped up
his horses and driven away. leaving the
unconscious boy in the street.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13
FRIENDS TO GREET SOLDIER
Fighting Germantown Policeman to
Arrive Home Tonight

Raymond Firth, of 355 East Price
atreet, Germantown, will be greeted to-
night by large concourse of friends
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13
FEET OF SOLDIERS LARGER
THAN WHEN WAR STARTED
Long Hikes Resulted in Expansion and Everybody but the
Auiators Calls for Bigger Shoes IT,"

'Gimmie a pair Of Shoes" said q
recently discharged soldier to "a shoe
salesman, thrusting out his be socked
foot.
"Size?" questioned the polite shoe
filter.
well, I took a size 7-c when / went
away two years ago. said the dis
charged one, "and I guess that'll do
me now"
The salesman got out the requested
size and tried them on the soldier.
"Ouch ~ the panied one exclaimed.
Take 'em off, quick"
That's the size you wanted, isn't
it? queried the amused salesman.
Yep, but they're too small. I'm
goin' to be comfortable IL I take a
twelve; try the next size larger and
wider"
And he did-and they fit.
This is the-case with ninety nine out
of every hundred returned soldiers. In
quiry among a number of shoe retailers
throughout the city show that the feet
of returned soldiers have expanded con-
siderably, and they require, for COM
forts sake, from a half size to a size
and half larger shoe, in both length
and width. The manager of one Chest
nut street shoe store says that the long
hikes on both this and the other side
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13
DECORATE" BOY SCOUTS
$50 Youngsters Receive Awards for
Work In City Hall Last Nlaht


Two hundred and fifty Boy Scouts
were decorated" for special efficiency
in scout activity last night in the scout
court of honor, City Hall. The presen-
tations were made by George d. Porter,
chairman of the Boy Scout week cam
paign in this city.
"Iou must carry Philadelphia over
the top in the remaining two days Of
the campaign for membership" was his
charge to the doughty scouts who re-
ceived the highest decoration in scout
dom.
The bronze eagle. insignia extra e
ordinary. was conferred upon Emil
David, Sanford Gale and Alex Whitney.
Sixteen scouts received gold stars, indi-
eating life membership and scarlet
badges, which indicate the thirty second
degree in scout parlance.
William Kinkaid, the champion medal
winner, was awarded fourteen merit
badges, a life badge and a gold star.
Michael Balant won twelve merit
badges, one life and one star badge.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13
,G|RARD TRUST IN
SARTOL WILL, FIGHT
Letters of Administration Are
Granted to Bank and Former
Sheriff GiIfilIan
FEAR ESTATE MIGHT SUFFER

Preparatory to the opening Of legal
battle over the millions left by Henry
Welsbman Bartol, contestants to the
will agreed that letters of administra-
tion be granted to the Girard Trust
Company and former Sheriff Joseph
Gilfilan. The letters were granted by
Register Sheehan after security in the
amount of 81 1,000, 900 had been entered
By the trust company.
The move was made because Of the
fear that the estate might suffer during
ssthe course of the litigation, which it is
feared will be drawn out over a possible
period of years. 1t will result from the
peculiar provisions of the will. by which
a great portion of the Bartol estate is
giren to the Franklin Institute in this
city for the establishment of an insti-
tuition for electrical research work.
MIR. Bartol, who was one of the orig
1nal members of the Committee of One
Hundred, and active in the reorganiza-
tion Of the Philadelphia and Reading
Railway Company, amassed his for
tune in sugar refining and investments
in railroads. For a. number of years
he resided in Nice, France. but made
frequent trips to this country. He died
at the Union League on December II.
last year. The will, which was offered
for probate in this city, early in Jan
uary, was confronted by .caveat which
had been filed by two daughters, Mrs.
James M. Farr, of Wilkes Barre. Pa,
and the Baroness Kalheren de Mon :
clos, Paris, France, protesting against
the probate of any paper alleging to be
the will Of their father.
Under the provisions of this instru
ment, the two sisters and brother,
Henry G.. Bartol, would receive only
about $4,000 each from an estate of
800, 900 located in France.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13

been working yaliantly during the drivs.
Scout headquarters, at o35 walnus
street, is a veritable beehive. There
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13
SERVICE MEN PARADE
Democratic Club Of Manayunk Give,
Reception to Soldiers and Sailors

Several hundred soldiers, sailors and
marines, who entered the military serv
ice from Roxborough, Manayunk and
Wissahickon, were the guests last night
of the Democratic Club, of Manayunk,
at reception given in their honor in
the club headquarters, Main and Rox
borough streets.
A parade of the men in uniform, led
by band of forty pieces. preceded the
social function, John Merrill. an over
seas veteran. served as marshal. wear :
ing an Uncle Sam costume. Units from
the Navy Yard at League Island at :
tended the reception, and several social
clubs of the neighborhood helped to en- :
tertain the men. Buildings along the
route of the parade were lavishly dec
Grated.
A feature of the affair was flag
missing on a staff opposite the club.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13
3 CHILDREN INJURED
IN CAMDEN ACCIDENTS
Two Drivers OF Automobiles Are
Held by Police-Third Man
Is Sought
TWO VICTIMS MAY DIE

Three children were injured. two of
them probably fatally, in accidents in
camden today. Two drivers of auto :
mobiles are being held by the police
there, and the driver of a wagon who
ran over one of the children is the OBJ :
Ject OF police search. After running
over boy, the wagon driver fed with
his team.
The injured are:
Joseph Walter, eight. years old, s21
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13

squad of the Germantown district. He
enlisted in the Twenty fifth Engineer
Corps October l, 1917, and three weeks
later was sent from Camp Devens,
Mass, to Bordeaux. France.
He was under fire on Numerous oc :
casions. Firth. while overseas, sent
word to his mother to use his salary
as a policeman to purchase Liberty
Bonds.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13

who will gather to
do him due honor
us the first Phila =
delphia patrolman
to enlist in the
world war.
The Germantown
markets have been
almost denuded Of
all the best ''eats''
in stock and fifty
guests have signi-
fed their intention
of being present.
Firth was q mem :
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13
Calgary Strike Near End

Calgary, June 13.-(By A. P.)-Pos-
tai employees were last night virtually
the only workers called out in sympathy
with the general, strike at Winnipeg
who had not returned to work, and
there were indications that they, too
would resume their duties soon.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13

Merit badges were conferred upon nine
scouts from the Overlook School for
the Blind. .....a. w..
All of the $50 medal winners have
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13

Of check and plaid ginghams in various color
ings. Delightful notes of style are manifest in
the contrasting organdie collars, belts, bows and
vestees. Skirts are gathered or plated and fin
ished with patch pockets. One sketched
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13

One of the pretty models
briefly described shows at
tractively stitched collar,
vestee and cuffs of organdie;
sash belt, gathered skirt with
folds at foot and organdie
pockets. One pictured.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-13

Beautifully developed from
taffeta, satin, organdie.
net, figured and dotted
voiles. Styles of particu-
lar appeal show shawl col
lar of organdie finished
with plated ruffie and lace,
cuff to match, sash belt
and tunic skirt set off with
panel ruff1le.
New-York tribune., 1919-12-28
By Richard M. Hurd

President, Lawycrs' Mortgagc Compnny
The first year after the cessation Of
the great war has shown gradual
improvement in the mortgage market
in New York City. Competition for
money still comes fiercely from all
sources for municipal bonds, favored
by exemption from Federal income
taxes; for the bonds Of our war allies,
subject TO income taxes, but yielding
high rates of interest; for railroad
bonds, much depressed in price owing
to government administration. but
tempting to some because Of low
prices; for new industrial stocks
promising high returns, at any rate
while their business is active. and so
on through the long list.
Against this mass of competition the
first mortagage on improved New York
sells at lower rate Of interest than
any investment except tax exempted
municipal bonds and the United States
government bonds.
War Tested Superiority of Mort cages
The market rate for guaranteed
mortgages is now 3 per cent or 2 per
cent, and for unguaranteed mortgages
or mortgages of somewhat poorer
quality 81. to per cent. No better
proof of the outstanding qualities Of
an investment during times Of stress
is needed than the experience OF saw
ngs banks, insurance companies, etc.
with the railroad and other bonds,
which during the five years Of war
have shown heavy recessions Of value,
as compared with guaranteed mort
cages on which no institution or pri-
vate investor has ever lost dollar
Such period as we have just passed
through furnishes the acid test of all
investments and demonstrates to the
institution or the investor the wisdom
of making short-time investments, so
as to take advantage of rising rates
OF interest by contrast with the dis
advantages of investing in fifty or one
hundred year bonds on i per cent
or Az per cent basis, with interest
rates going later to ) u and per cent
Exempt Bonds Taking From Realty
The principal check in the supply Of
mortgage money comes from the with
drawal of funds OF wealthy individuals
or estates which are now being invest
ed in municipal bonds because exempt
from Federal income tax. Money,
however, is flowing in from other
sources. Savings banks are showing
enormous increases of deposits, the
greater part of which, as permitted by
New-York tribune., 1919-12-28
Budget Provided for Title
Examiners at $3, 500
Mandatory Under the Torrens
Registration Law; None
for Richmond

The Board Of Estimate and Appor~
tionment has provided in the 1920
budget for the employment OF official
examiners of titles under the Torrens
registration law in the four counties
Of New York, Bronx, Kings and Queens
at $1,000 each.
In the tentative budget similar
place was included for Richmond
County, but for some reason at the
last moment the Richmond County
place was omitted.
This action OF the city administra-
tion in providing for the official ex-
animation of titles is regarded by John
J. Hopper, president of the Torrens
Title League, as great step forward,
as the success of the Torrens system
depends very largely upon the prompt
ness and efficiency with which the
titles are handled by the public Office,
and the bulk of the work falls upon
the official examiner upon whose ex-
animation ana report the court depends
for correct information in passing up
on titles fer registration.
The fees paid for the services OF
the official examiner are paid into the
City Treasury.
New-York tribune., 1919-12-28

capital has been readily obtained from
private investors. from the great life
insurance companies. from trustees
and executors of the estates Of de-
ceased persons, from mortgage com
panies. from building, savings and loan
associations and from the great title
and mortgage guarantee companies that
have become the chief factors in tinanc
ing the larger classes of building
operations in the greater industrial
ccntcrs.
Rates Of interest ruled at from 4 to
3 per cent in the half century between
the close of the Civil War and the
beginning Of the great war. Lenders
were content with these low rates of
income from their mortgage invest
mcnts because OF their safety, security
and freedom from need of care and at
tention. and because the income was
fixed under mortgage contract for
definite periods of time.
But then came the income tax law,
levied indiscriminatelv upon all in
comes from whatever source, whether
from high profits OF business or specu-
lation or from low profits from interest
on low-rate investments.
The effect of this ndiscrim mate lcvy
was almost instantaneously 10 shut OF
the supply from all sources of money
for investment in low intcreSt-ratc
mortgages. and thus also the supply OF
basic capital for use in the building
industries. Individuals and corporation
alike who We're dependent upon the
income from such mortgage invest
ments. when they found that they had
to pay taxes on such income according
to a schedule ranging from 4 to G5 per
cent. refused to invest further in that
class Of securities and began at once
to Withdraw as fast as possible what
the had already invested.
This blow at the mortgage and build
ing branches of the real estate field
came at the close Of a three year
period IN which the government had
Communicated for war purposes all
the resources Of the building industry,
OF money materials and man power,
and in which, therefore, there had bqen
an almost complete suspension of con
s,ruct on fer al huf war purn ases.
The building Industry is still held
bound by these wartime conditions to
some extent but chiefly by the impo-
altlon OF the income tax on the income
derived from mortgages. There has
been tremendous amount Of building
IN the year since the great victory. al
though nothing like what the statistics
OF plans filed in the building depart
mcnts would indicate. These filed
plans, to considerable extent. arc in
6lcative of building operations in