davidaulloa/AmericanStories huggingface dataset:
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20
EDITOR HI.
HINDLEY HAS
RESOLUTIONS
Follows Closely Along
of Mr.. Braley's Sugges-
tiOns to Voters

Howard L. Hindley, editor OF
the Rutland Herald, who recently
| addressed the st. Johnsbulv ON
mercial club on increasing state
finances, has prepared a series of
resolutions that might be adopted
at the March meeting and sent
them throughout the state. Nj.
Hindley prefaces the resolutions
with this Introduction:
My friend, c. G. Brale-' town
clerk of st. Johnsburv has already
sent out some excellent resolutions
to be adopted at town meeting if
the voters are so inclined, and
there are several other sets eX-
tant. The following merely am
plify his idea and put in the spec
ifc paragraph in regard to the
fifty-cent state tax. They are
practically the same resolutions
introduced by the Mems club of
Bellows Falls, followin" the ad-
dress on state expenses given by
Ex-Governor Allen NJ. Fletcher,
with the addition of a saving
clause, "if consistent with good
business and efficiency think
it would be a rood thing if all
the newsnaners published these
resolutions during the coming
week. They MAJ of course, be
ammended to suit different ideas.
RESOLUTIONS
Whereas: 1t is anDareilt that the
expenses of state government have
reached a ~oint where all surplus
and working balances in the state
treasury have been exhausted,
where the direct and indirect rev.
enues of the state have been alb
sorbed and where the treasury is
menaced a deficit at the end OF
the next fiscal year, therefore be
Resolved: That the voters of
this town, in town meeting le9-n
warned and duly assembled, here
by place themselves on record as
opposed to anv extension of state
that would mean increas-
ed expense to be borne biz the tax
payers of the state, and be it fur
Their
Resolved: That We instruct our
representative and senators in tho ,
next LEGISLATURE to vote AGAINST /
all such increases and to keep the !
of said LEGISLATURE /
within the bounds of economy and !
prudence. and be it further
Resolved: That we ACE our
selves on record a. absolutely IN
posed to a state tax in excess Of
ift'- cents on the grand list. for
he next biennial ~erod. and here
~ instruct our representatives and
to vote and use their in
luence toward a reduction of the
tate tax to or below that figure.
f consistent with ~ood business
md efficiency and be il further
Resolved: That we do hereby
instruct all our representatives
nd "ublic officers to observe the
anne strict and absolute economy
n nnhlic business that they would
lSe in the conduct of their own
fairs.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20
NEWPORT LOCALS


Mrs. Burton Wing of Barton
is spending several days with her
daughter, Mrs. Harold J. Lewis.
H. o. Smith has a force of
men who are nov working on The
new boat house at Pirehurst, on
Indian Point for George l..
Frost, 10 replace the old one
which was destroyed by the ice
last spring. The new boat house
is to be larger than the first one,
and will have three stalls.
Mrs. Robert HalSey Of New
York city is the guest of Mrs.
Benjamin Human.
The remains OF Mrs. Ada Eos
ter, wife OF kingsbury Foster OF
New York City, accompanied by
Mr.. Foster we've brought here
Sunday morning and taken to
Derby Center for interment. Mrs.
Fosters death was due to heart
disease.
Mrs. J. C. Sayball has received
word from Waterbury that Mr.
Sayball is rapidly declining in
health.
William Foster is in New York
city to visit his mother, Mrs. +.
J. Murphy.
Mrs. Newton Scott has been
confined to the house by illness
for several days but is now
much better.
" y Et.}Iocl- l. o,1+ af+o,. nv.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20

Foul breath, Indigestion, dizzi-
ness, Discrimination to work, stom-
ach trouble and sluggishneSs of the
liver will disappear as soon as the
remarkably efficient ingredients of
TANLAC permeate your system.
TANLAC has beer Il blessir - in
thousands OF homes throughout the
United States and Canada. Ten
of thousands of men and women
have testified that it has brought
back the sunshine, laughter ana
h2pDiaeSS into their lves. II viii do
the same for you, if YOU will only
give it a fair. thorough trial.
TANLAC is sold by Landry,
Drug Store, in St Johnsbuly Cen
ter by w F. Powers, in West Bar-
net by Richie & Warden. in North
Concord by w. N. Rich, in East
Concord by John /. Folsom.-Ad-
vertisemont.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20

nNE of woman's greatest
~ charms lies in the beauty Of
her skin. Men admire the
soft velvetness OF its texture and
women evy it, but the real roses
are not nut in the cheeks with cos
metics. Their use is simply an
acknowledgements of fading beau
ty. Face creams, rouge and poWd-
err will not fill out a sunken check
or rebuild scrawny neck.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20
Popular EmplOye of
Flint Store WEEDS

At st. Mary Catholic church
this morning Miss Yvonne Clara
LamoureuX was united in mar
riagc to Albert J. Allaire Vanier,
the ceremony being performed by
the pastor, Rev. Norbert La
chance, the nuptial mass being at
half past seven o'clock.
The bride, who is the daughter
of Mrs. Charles LamoureuX was
given away by her brother, Oscar
T. LamoureuX, and the groom
was attended by his father, Frank
A Fanier
Mrs. Vanier was attired in a
suit of dark brown duvet de laine
with a becoming hat of brown
Milan straw with maline trim
mings. She carried a shower of
American Beauty roses.
Immediately following the cere-
mony SumDtuouS wedding
breakfast. attended by only the
immediate families was served at
the nome of Mr.. and Mrs. Philip
LamOureuX, Pleasant street.
Nh and Mrs. LamoureuX left
on the noon express for two
weeks trip to Lowell, Boston,
New Bedford and also points in
New Hampshire.
The bride Is a Newport girl and
has been for five years a popu-
lar and trusted employee of the
+. p. Flint store. Mr.. Vanier is
by the n. Y, n H., and
H. r r.. with headquarters in
Lowell and has two months leave
Of absence.
They were the recipients of
many beautiful and practical
lifts and nave many friends who
'ish them happiness and pros
]ality.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20
YOUNG MOTHER
NOW STRONG
Her Mothers Faithia Lydia
E. Pinkham's Vegetable
Compound led Her to Try it

Kenosha, Wisconsin. cannot
say enough inpraise of Lydia E. Pink
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20

contrary 10 Jllc OIu
saying, beauty is not skin deep.
Beauty comes from within. Unless
your stomach is in perfect condi-
ton, you cannot hope to have a
rosy. healthy compleXion-beauty.
Digestive troubles ruin the COM
plexion of women and men. Ugly
pimples, blotches and blackheadS
are the surest signs that your di-
gestion is out order, that yOur
stomach and liver are not working.
that you do not as>imilate your
food and do not not properly elm
mate the waste matter. which POI
sons your system.
Is there anything more obiec-
tionable than a face with blemish-
es? Persons-women and men
who are troubled with impurities Of
the skin, suffer constantly and
keenly their misfortune
And how needless to continue
your body and mental suffering!
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20

female trouble to give it fair trial
and am sure they will feel as l DO
about it. Mrs. FRED. p. HANSEN, 562
Symmonds St., Kenosha, Wisconsin.
A medicine that has been in use
nearly fifty years and that receives
the praise and commentator of
mothers and grandmothers is worth
your consideration.
If you are suffering from doubles
that sometimes follow child birth
bear in mind that Lydia E. Pink
hams Vegetable Compound is a wo-
mans medicine. 1t is especially
adapted to correct such troubles.
The letters we publish ought to
convince you; ask some of your
women friends or neighbors - they
know its worth. You will, too, if you
give it fair trial.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20

udiii . NcSSIdDlc
Compound. My
mother had great
faith in it as she
had taken so much
of it and when l
had trouble after
my baby was born
she gave it to me.
1t helped me SO
much more than
anything else had
done that ! advise
all women with
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20

They do not, and can
not restore, the sheen
of a healthy complex
ion.
What haggard-look-
ing, careworn women
need to bring back the
natural bloom to Their
cheeks and the irres-st!-
bic sparkle to the eye
in the glow of perfect
health. Nothing on
earth can equal TAN
LAC for this, declareI
tens of thousands oil
happy women who have
tried it and are now the
picture of health.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20
2 {. Blancna / Passes
On al Ne"pDr Home


CONTINUED from Page y
Dorothy Smith. ten years OF ape.
Besides his WIFE am two chill
dren he also leaves has mother,
Mrs. T.. c. Blanchard, and two
sisters, MT. William Z. Bond,
and Miss Christine Blanchard of
this city. Mr.. Blanchard attend
ed the Congregational church.
and WIS a member of the Order
of Elks and Masons.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20
NEW ANGLE FOUND IN
TAYLOR MURDER MISTER

LOS ANGELES, Fet. ga
new angle of investigation into
the murder OF William Desmond
Taylor, was planned for TODAY.
The police did not make public
the nature of til cnew turn the
inquiry might have taken, hut
reiterated their determination to
continue their search for the MIR
derer as long as there is a remote
clue upon which to work.
The Caledonian-record. [volume] (St. Johnsbury, Vt.) 1920-current, 1922-02-20
De1II 81 ss sStkIuDeep
The Soft Velvet Sheen of Beautiful Com
plexion Comes From Within.
TANLAC, RATHER THAN COSMETICS,
WILL PUT ROSES IN YOUR CHEEKS

TANLAC will regulate your diges-
ton. TANLAC will bring your
stomach and liver back to normal
working condition, will assist you
in eliminating all the waste matter
your system cannot absorb and
put into your body pure,
red, healthy blood, just as it
has done in
New-York tribune., 1922-04-02

Seeks to lncrAaae Earninya

0uestion--The writer w.shes 10 accept
or your excellent advice 10 small investors
] am a tOiddie-. ged woman earning (by
my pen) about s25 week more than my
needs. This | have been putting in a
savinGs bank. after having bought y small
Farm in Connecticut now clear Of The sec
hay. about 1900, and also lave si'4oo
II Liberty bonds bought under par Nov
that Avery ono is talking about "opportu-
nlt% FOR TIE small inYcstor.' ] am wonder
irg if 7 c0uid make inv ss wings 90 little
more for me, AZ L would Tx. 10 r>tire from
desk positioI ir a year two. The
farm" idea hiss had TO be Abandoned
owing 10 he ack of rei!ahle help and th-
low prices Of farm products though il will
Sc beautiful home risce-eleven acres
and good house.-Mrs. q. X.
Answer-In view Of the fact that
you have not considered retiring tn.
first mortgage or your farm we as
sumo that you are looking for q Sc
curity paying in excess Of 6 per cent.
We do not think that you can afford
10 demand mucn higher return OH
your money. You might consider New
York Edison 6ias. due 1e4l, selling for
current return Of 6.l0 per cent;
General Electric SIS. due 1910. selling
for q current return OF STA per cent;
Netherlands government 7s. due 1o4l,
selling for current return Of GAS
ner cent
New-York tribune., 1922-04-02
STANDARD Gas and Electric

quest ion-riease send VI. Information of
ms nr-F"rTsu stoc} OF the Standard Gas
aud E}ectr.c Co.nSary listed on tn. chi
ago stock mAch.nse /. the DIVIDEND
srt"!e' &c " Id a.. lhe con- Danv's
prospects ~ 20 future carninss"-F IS.
Answer-Standard Gas and Electric
Comp pany preferred stock is sufficiently
covered by earnings. in our opinion. to
make IL suitable security for busi
ness man to hold. Ths company
csralnra on this stock ranged fron,
o:a6 to $50 per cent in III. period
ts14->9ls. In 1919 it earned 1876 per
cent, ano in 1920 it earned 1915 per
cent TIL. latest information ayaiin ble
is to the effect that IN the twelve
months ended November so 1921, the
com blned earnings Of operated com
p..h,-s we're s12,I2o.000, as compared
with l,to4 900 in the previous twclv.
months. We cannot venture an onnion
on "'he prospect OF tutur, earnings.
n&' rs general proposition electric
llght AID power companies are in 4
Favorable position
New-York tribune., 1922-04-02
l.. Z. Steel Not an Investment

Question have been approached -
tontly By n salesman representing l.. l..
steel Company. This company purpprts
10 operate chain stores in different pnrlo
- tho country. l should like to have sou
INFORM inc through your columns OF th.
nature extent and location OF their bust
ness. OF ths'r dividend record ard II VOW
,onsidHr their stock safe desirable
investment for Woman's limited snt-
irSs, o' even for n business mans. I am
especially interested IN 'thi. matter. as tho
irttSrii, OF tho .slesnlaI is unqu.stioued
and number or persons ave prospective
purchs sers,-E. J..
Answcr--Thc L.. r. Steel Compare
"'as incorporated Septcmaer 10, 1920,
for the purpose OF acquiring. develop
ING and improving chain store leases.
sites and locations in the United
States, Canada and England" The
company has retail stores and factories
as we'll as cafeterias in several cities
n the United States and Canada The
financial statement Of the Develop
ncnt Corporation and the several sub-
salaries, however, we do not consider
impressive and until the company has
demonstrated its earning capacity over
a greater period Of time 0-c cannot give
the stock a higher rating than that of
speculation. We do not consider tn
stock II suitable investment for a WON
ans limited savings and we doubt
whether sell informed busines. man
would care 10 risk large proportion %
his investment in it.
New-York tribune., 1922-04-02

this connection it should be stated
that most Of the companies specializ
ing III real estate mortgages make a
practice OF loauinS UP to 20 pcr cent
OF the par value OF the securities they
euC out. They do not guarantees to do
this at all times, for such q guaranty.
IN view Of the large aggregate Of bonds
outstanding, would be impos ssibIe of
fulfllment at times.
Marketahility is something Of real
importance and value after all. It is
one Of tn. things Co be taken into &C
count when an investment is being
Slsnned with 81 e:'e to proper diversi-
tlcSt1on. But irasnuch as marketable
Ity must be paid FOR like any other
aeslr&hse feature Of Il bond care should
be exercised to give an Investment no
more readily ca.hable securities than
may be reasonably required 20 meet
rn'eraencic'. This w;ll vary with each
individual investor
Nh.n an investment broaden. out
INTO substantial accumulation Of sc
cur.t.es it can and should contain some
bonds for which there is no ready
market, Tor only in rare cases does an
emergency call for the cashinE Of all
oN@'s securities
HsFins these investment principles
IN mlho, We cannot agree with any one
Vac proposes That you sell all Your
lnarSe Die securities and put tn. pro
ceeds into Prudence bonds or any other
rea estate honds. At the same time
W. believe that real estate mortesge
bonds would be y good substitute for
your short-tcrm Consolidated Gas
notes. or at Least 4 oart Of them Noa
might put $4,000 into mortgage bonds
and the remainder into Western Union
" 1855, returning currently about
9 per cent, and one 81 900 niece United
States Rubber 5s. 1e47. selling recently
for current return Of 5.75 pcr cent
New-York tribune., 1922-04-02

.-'S 'o'iR ~ more OF the same kind
OF sccuT'ties arc being issued and can
reason WY any one should clamor for
inc securities previously issued and
privately hcid, Ask yourself or ask
your ADVISER what is the special ad-
Nants9c OF holding = security that docs
not iiuctuate in value. We are sneak
ing of sound bonds that YOU can bsye
every reasonable assurance of being
aole to cash at par value whom thr
maturity date arrives. If YOU cannot
seli BOND and it is sound, then there
IS no chance OF it declining. If you
purchase sound bond the variations
in price above or below par pricr to
difference. You have your bond With
assurance Of redemption At tace valuc
a. maturity and in the mean time you
have your regular income Th- lack
Of market for bond and the conse-
duent absence Of Fluctuations. do not
make security OF principal and promrt-
ness o. interest payments any more
certain
In other words, the only Nav for an
investor TO 'oSc part Of his principal
on the fluctustion Of houd bought
AT par i to sell il when the mark
price is below par. The point Nigh,
pc al9eo Ihst Nhen 4 ooNd oeDfcclate5
on account Of the operation Of ecoro-
mic forces ii loses it's value ss losn
col!atelal and that this j, a concrete
though temporary loss. That /. 4
fact We will not dispute Bat what l.,
the collatersl value o bond that has
no market?
The 6rsi thing bank wants to know
VIXEN bonds are offered security for
loan IS the worth CT those b>nds
Ard by worth the bank means tha
price at which they could be sod in
case the owner should default IN pay
meNt of the loan on this due daIs. In
New-York tribune., 1922-04-02
HAS 4 Difficult Problem

Sue,tt"li- vour column has beer 49,,
:hi,s,tin'.' f%t sn'ss-"s +, ny, ~ smc TINS. an,
>.>s vss Sea nsl. ! hodsht tMs stock before IT,.
Nar @ through ths ad>ics OF bioilcr. A.
~ snow. hardly r-cstVc dividend freut
on th;,.a Hon'd ~ E"u p'tose suggest WHY,
siNtN-hNe tars lid and IN y. or h-.1tb m
80 az would 'ns@t grsat lnss Thn
~, E''tseE aliar's c'4t.ra@, t'uel patd
~ (cost $50. s..en s};,rur K.mncrHt1
Ceppet. paid - tc9>t SS5o(: t-,.tv. share.
rhio Copper. pad 3Bia fcost $3.50, t,von
!, ssn@res M'dvale StesI, maid o4,3 Coos,
zee tcost 81 oIc): hixtv-threo Yhnrrs rn1n-
ssaiTsnis Esilruad paid ITO and lis (cnst
'S@,tss} sven shares Chesspeakc & ONO
''"'To"o' paid t2s, tcoNt fi,2o7).--r *
Answer Your problem is dAicult.
yet 't'is org which oonfronts thousands
o. persons who bought securities dur
ING or before the war. The country has
oeen IN msjor trade depression and.
as as always the case under these con
otaons' stock prices are rejecting di-
M shed profits. In time there viii be a
FeFfoo o. prosperity and restored divi-
dchds. Ihc question here is whether YOU
nave suHic'ent other income TO enable
you to hold out until dividends or these
loCS are resumed. our Colorado
fuel, henNccott Copper, Chile Corp.r
and Midvale Steel ave a dead v,irh,
"hlch Eol arc carrying in hope of re.
stored income at some future time
Disregard what YOU paid tor them.
lheT are worth about si.400. Why not
put yourself III the position Of man
VINO res thst am cunt o. money to IN
vest. Would YOU put Sl.t00 into these
our Stoch>. known. them to be highly
snecu!stir@ and unrcmuHcrstive a. the
present time
New-York tribune., 1922-04-02
Pcrmanency in Investments

Vest'o"- or" the to}opatg tour Consolidated Gas IS
ono F"ae somd 7'a, $500 Belgian
o'as one Sfclolr Oil rs. They Sought
~ '' ms IS almost oil haze to ore
a"d one that tahe nyse tyoud you udr
"' o"o'f oscod bonds end rcesg the 6
''""ce ooHdS "hich o od M Hucture9 irremeu
"e'e MADE for "e bp hothsr- uooesI y nsho
uorf ddrice-MISS NJ. Il. ~ "'
permanency idea without dsposnr
all 'ee bonds You might that fluctuations
oeh 10 your thus do
" N"'ue derive their price stability
market for them Put it in another security huctus
" ''e value because some who is particularly
oc " several reasons that might be cited, finds
l"s TO ouS at discount from the maturity vice versa
Its
10 possess that security finds that unless
Po'chaseo from some investor already holding
New-York tribune., 1922-04-02
Selecting an Investment

Ou-.tionWiI YOU kindly advis. M. a..
O The selection oc the folio ~ins bond. az
an investNiert: Bethlehem Steel 7s lHG5
Standard Oil OF California 7s, 1881: Dis
;nond Match ~ debentur"s lA35: Public
Service Of New Jersey rs 1863; Great
Northern IS series A. 1885: Brooklyn Edl-
son IS. seriAs A. IaA0' ANY inrorMatIon
You esn Civ. NE VIII be much appre ciarsd
4 r. L.
Answer We consider all the bonds
you ment!on good Investments. The
Diamond Match 7'2s, 1885. are caila-
Bile at 105 ald interest beginning in
1928. and it may be that the company
will decide. if conditions are favora
BILE at that time. to call the issue.
Bro oklyn Edison rs also are callable. Ii
you would prefer non-callable bonds
we think you might consider Great
Northern 512s, 1852, and Queensland
SIS. az
New-York tribune., 1922-04-02
Inquiries Should BE Signed

Inquiries addressed to this depart
ment are regarded as confidential, but to
show the writer's good faith all should
be signed and an address should be in
closed for reply. Letters from the fol-
lowing are being held for identified
ton: l.. l.. H.. S. A, anonymous"
"W idow," J. B.. t. g., p. G., S. M. c.,
Dr.. J f. P, L. NJ G.. Mrs. j. R. D.,
X. n. L.. Mabel A. r.. r. Y. S.. NJ. A. B.,
Shoemaker, p. B.. A. r. f., H. r. ",
L. ", F. p, NJ. T.. F., NJ. W. and ". S. r.
New-York tribune., 1922-04-02
Prices Irregular
In Short Session
In Curb Trading
Gillette Safety Razor Ad.
yances 3 Points TO 200:
Standard Oil of Indiana
in Increased Demand

Prices displayed ar irregular trend
40 close o. yesterdays short ses-
~ IN the curb market. Gillette
s.s.,v Razor and Standard Oh Of In
T.ns were in increased demand, the
sa,n,er advancing 3 points to zoo
'jnttrcontinental Rubber scored q
xmsl Gain. but Radio common slipped
c,,,ss Service held steady at 19o.
r.s.r petroleun, and international also
r,,.d steady. but Mountain Producer,
.s.ged slightly.
New-York tribune., 1922-04-02
investment Information

Q"tst.o,s o. general iaterest TO NJ
.eseoFs fc'tf De oastoered ji this col
i'a31, az Tel ieh ease oHly iaitiois wjIi
oe Msed. Othels ,eiu be onsccred bV
"'ot. Address al inquiries. isclos-
u,s stamped. addressed cnvclopt. 10
ftnaaetaf Editor. The Tribup, ~
N'ssdu Street, Nem lorl Citv.
New-York tribune., 1922-04-02
Readily Marketable Bonds

tausSi ,o7--Cpon ad>jc- from your pa-
PC [ haSs bough, S ono NortuWc*lrrn
- tsepnoDs houd. own some or all
o' me Liberty bonds aud Victory honar
Als' -om, tavm moltsaseS and some req
va r. WIN loU p..ase -N. me a ia
o' hi:h rrss. uon..attabl. }ons.l.rm
horGs which ,leld a. v4U - poeejbl. AMI
a." 'bsolliely SAC. principal Aud inter-
e'l FI""sa quolc NO q present price.
Nhatey.r ouV / want 10 y. aNl. "a ,a,
""sT ara irNVe ;,ioHa untti lnaturttv. aiso
'-hd''T lnar}i@ ab'e should The occasion
aeln*ru.-B {. H.
Ansv"l- We think YOU might con.
s. Ger Great Northern 512s, l952: Pa,
c'tc Gas ard Electric SIS, l9dl. non
rallsble TO maturity: Western Union
hi2s, 1896. non csliable 10 msturjtv,
and NcW York Edison 61,<. l9Ai. non.
- liable 20 1885. &s suitable for vour
New-York tribune., 1922-04-02
Investing in Rents


Huestlon-~ln >onr opinion, is the follow
ing Co-opers Apartment Owners plan
" practical. workable proposition: Go
. pc t@rs 20 me- approNlmatelv 40 Ner
con- OF Ts(ua O. propertN rhc remainder
d G D. covered h irst Mlof,gA2al aud to
occupy 50 pc c-ht or aparjNlen,s" The
ncoire ON Velua Nuns % per cent ia pa,-
sh charges Gntevest on luortgase operat.
ihS cost. taNes. Atc.}' CSn Z. nron,otrr
essonsoly expect o foldN promise OF q
~ ror cent dividends to investors he
slce7 r-rt-free spart t1eu'H Is this rlan il.
successor! operation IN Sny large city e.
W. r. r
Answer-We cannot venture to mass
on Tho merits Of the particular CO.
operative apartment owners plan which
Eou outline jn brief. for there arc too
many clrcumstSnc that might. within
YEAR or two. com pletelv change the
spect Of al Investment Of this kind
IN Now York and vicinity the best that
IS oh-red TO participants in schemes
Of this kind is r"nt free. II YOU could
o' sure That the present housing short
age VIII continue indefinitely the re
tutn on money put into such a pian
could be hgVled out with fair preci-
,cs, Rut We all know tina. this condi-
ton Is temporary A the shortage is
made UP rents will certainly decline
and N the case YOU cite this would re-
huce the revenue received from the
haH Of the apartment house which is
nov expected 10 pay fixed charges You
night conceive Of reduction of rents
so drnstic that the co-opefstors' rents
might not only remain stationary. but
sVnn ,dVorce