The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-07-16
rHEaE THlNGs HURT

THESE THINGS HURT
dispatch from Miami to the Tampa Tribune de-
clares that Brossier president of the Miami Rea
Board who has just business tr,
east told the members of the board luncheon las
week that bonuses which Miami financial institution
charge borrowers for loans with which to build
and apartments making eastern fnanciers suspcou
of Miamis boosted prosperity.
Eastern fnanciers. especially those in New York
Mr.. Brossier is reported saying cannot believe ths
Miami is enjoying such prosperity when they know tbs
people paying eight percent interest rates on
and from to Is percent bonuses for the privilege
ting these loans"
The dispatch says:
In discussing the situation later. Mr. Brossier salt
as far he knew the banks here were not involved
directly in the bonus system He explained how the bonus
plan is operated.
IT know Of one instance where a man wantsd &c
$4,000 for five years." said. was compelled
pay percent interest for the money bonus
u course the bonus doesn't show the paper for that
goud probably be illegal The percent interest is
Heated in the document but the gives his o.
ler personal check for the bonus pays
'apers showed only percent interest. Now stop and
igure what that up against He borrowed
5000 and for five pays interest percent on the
n'ire But he actually gets for his business
s4250. In other words he paying percent interest
$4,000 for five years but he only Has
or the five years That is just sample of what is being
every day city time something wa
lone to put stop to such conditions"
Certainly this is giving Miami bad name and it is
mall wonder that the Miami Realtors are fncensed al
's0h practices.
Importance for without outside capital this state can
reach its full development.
It is hardly fair to judge any city the outside
ut certainly such statement coming from such
the above must be reliable, practice hurts
ot only the fair OF Miami every city in the
tate
When morning finds a great many broken
"soutions made the night before, which had with
citing up at the break OF day
Some tell their wives everything and others tell
hem lies
all evil is often uncovered in the dentist
hair.
After hard day at the office a great many people
ave harder day at home-to hear them tell it But
six wife and the office boy.
Philosophy is people have on Friday afternoon
nd it rains and they have to stay at home from Saufey
5each and Bayview
The only notes that everybody are bank notes
Now Chile wants the whole world to dsarm This
will get chilly reception the things looking
brides are getting out their cook books
seems that Tampa citizens object to both soap fac
cries and singing schools. Does that mean that they
re losing their aestheticism?
Down in Tampa they are planning to build newer ana
churches Over here have already built ther
What has become of the old fashioned family docto
Who could anything from toohache appendicitis
county citrus grower recently got $4,000 fer
thousand crates OF If EscaTnbia keeps
rowing satsumas maybe shall get in some Of this
The Jacksonville Times-Union Lucky Pensacola
Yacht Club in securing steamer that the
100000 build for less than thousand do.-
thus providing for the members very appropriate
desirable headquarters without necessity of
recng clubhouse. Some people just luck wished
II them It seems--Iscksonville Times-Union. Luck
mixed with brains will sure get far in parts
Pensacola is proud of the fact that Miss Eliza
leth Crowe has been decorated with of the
legion OF Honor by the French government but Miss
yrowel been achieving honors for many years and
his is only OF the many that have come to her