davidaulloa/AmericanStories huggingface dataset:
The Pensacola journal., 1922-12-28

through Europe last explained the situation

Travelled through Europe last explained the situation
something in this fashion.
"Oh, yes, had good time, and enjoyed it in way
and yet do not know that glad went They ali
unhappy and unsettled and miserable there.
1T makes difference where you go-Engand, France
Germany Austria Italy among the Russian eXpatriaes
OF these countries feel the OF Eng
land the best off, but there they all and the
minute you get the Channel it breaks your heart
Honestly, ashamed to stay anywhere their
food buy their merchandise-hey need it them
selves.
They are so poor so hungry bewildered, al you
think of is that you help And yet where any
body begin? It is wonder nobody the heads of
ernments knows where to start After you have been
more only sorry for them ALL When my husband asked me
what would do to help if could could only say don't
know. If God gave all the money in the world, would
not know where to beginr
Perhaps Americans had their firsthand expert
once we would all be more pu less fearful and ready
to help whether it be in wise leadership sub
stantia way any this side OF the picture should not
be forgotten in estimating the European situation
The Pensacola journal., 1922-12-28
The Premier Investment-V
Bye. L. Miller

In the preceding articles OF this
series, mentioned the fact that real
estate first mortgage bonds as is
sued under the most modern, up
to-date plan are paid off in install
ments each year or every six
months. This plan OF serial pay
ments leads up to a device which
lies at the very root OF the safety
and excellent investment record of
real estate mortgage bonds. Such
serial payments as applied TO these
bonds is known as amortization.
The word means merely the
gradual extinguishment of a debt
through periodical payments. 1t is
applied to various other financial
operations but ior our purposes, it
can be understood 10 mean the pay
ment of bonds at regular intervals
out of money accumulated out OF
the earnings OF the building and
paid over to the Trustee, who looks
after the prompt payment OF bonds
and interest when due.
The Pensacola journal., 1922-12-28

The old first mortgage mereb
pledged a piece OF proPerty as Sc
curly for loan. Real estat,
mortgage bonds issued on the plsr
of amortization offer a security
based not only on the property IL
self, but its earnings. In other
words, the buyer of such bond
has a pledge covering both The
property itself, and the earnings un
10 the amount required to make ta5
monthly payments.
To illustrate how q real estate
loan, issued on this plan, constant.y
grows safer, l will reProduoe {
table taken from an ordinary dcs
criptive circular issued in come.
ton with a 7Go bond issue o.
100000, secured by property worlh
S32O,O00. Notice how the physica
value securing the bonds is con
stantly increasing.
Proasrtr
The Pensacola journal., 1922-12-28
BUILT TO BURN.

Once again disaster has empha-
sized for the American people the
tragic fact that most of our school
buildings are built to burn. The
loss of life in the Georgia school fire
was distreSsingly large, but it would
have been much larger If the heroism
of one teacher had not proven equal
20 the emergency.
The average school house in this
country is a fire-trap. Built OF in
flammable material. it is standing
invitation to tragedy. Good fortune
rather than the provision of man ac-
counts for the fact that the death
roll has not assumed larger propo--
tionS.
Some Of these days the school pa
trdfs OF this country will become
aroused 10 the fact that their school
buildings are constant temptations
To hoIocausts. Then they vii! de
mand safe structures. In the mean
while children will continue II lie
offered up as sacrifices to the pen
uriousness and shovtsightedness OF
their clderS.-Ashevil,e Times.
The Pensacola journal., 1922-12-28
The Pulse of the Nation

window to the ground, twenty feet
beloT-the only possible means by
which their lives could be saved!
Then, as the floor sank Deneath
her feet, she seized the windo '
ledge and laaped 10 the ground.
whence she was rescued, fearful.y
burned and otherwise injured.
Rare heroism was also demon
stra1ed bS' her sister teachers in
charge OF the ground floor rooms o.
the building.
Stifled by the smoke, scared with
the intense heat and with the flames
licking their faces and arms, these
brave ladies stood beside the burn
ing structure. doing their utmost
TO catch the little forms as Mrs.
Grant dropped them from the Win
dow above.
Many OF the little ones were bad
ly burned and hurt; very few of
them. in fact, escaped injury.
But had it not been for the cour-
age, the bravery and the seif-sac-
rificing devotion Of those noble
women, not one OF them would be
living today.
Not only the parents of the
rescued children, but the public. owe
these teachers an everlasting debt
OF gratitude.
1t is such herosm that molds all
humanity to loftier ideais.-Atlanta
Constitution.
The Pensacola journal., 1922-12-28
A TRUE HEROINE.

Occasions like that of the burning
of the High Point school afford i'm
pressire proof OF the fact that DEM
onstrations OF true heroism are by
no means limited to exploits on a
battlefield.
Mrs. Grant was in charge of the
second floor Of the two story pine
school building al High Point, lit
tie rura! community near Covington,
ia. with more than forty children.
few OF them above 10 Years OF age,
in her care.
Her first intimation that the
building was on fire came when one
of Ills little charges called her at
tenti0n 10 the pretty white dust"
that was filtering through cracks
surrounding the door-"dust" which
intuition told her was smoke.
Realizing the danger OF panic
among the children and that an at
tempt TO escape down the stairway
meant certain death. this brave NO
man. displaying extraordinary re-
sourcelulness and presence Of mind,
locked the door. commanded her
pupils to- line ur." snd began drop
pima them. one by one. from a rear
The Pensacola journal., 1922-12-28
MEN FOR 4oUsEwoRk.

DE-. Sloan Chesser OF London steps
into the limelight with a highly
delectable scheme for rearranging
the duties Of the sexes. Women
having loi!ed through the centuries
as the natural scullery maids Of
the family. the doctor is all for
turning the tables and giving the
men an opportunity 70 exercise their
native talents at polishing the kitch-
en- stove and giving the canary his
bath. The ladies, AYERS the doctor,
should fill the pulpits as preachers
and follow the professions of medi-
cine and nursing, while the men
should train their scintillating in
tellects on the thrilling chores OF
cleaning house and concoctlng the
evening mea.
Although the doctor is a lady, this
novel idea is no deep-seated scheme
Of revenge. She gives as her reason
that men are more fitted for these
uplifting tasks. by virtue of their
greater strength and because they
are so much more competent. We
strongly suspect that the doctor is
married and that she has kissed the
blarney stone. She probably has a
husband whom she joliies in this
fashion into doing all the housework
and. it having worked so well in her
case, she is willing to let the suffer
ing sisterhood the world over into
the secret. At that. it is an excel
lent plan. and an obHging govern
ment having taught the present crop
Of eligible young men to scrub. peel
potatoes and mend their clothes
properly, through the medium of army
training. there is no reason why the
present-day bride should be bur-
dened with repelient tasks il she fol-
lows the doctors prescription and
feeds the brute few fulsome COM
pliments.-Lo$ Angeles Times.
The Pensacola journal., 1922-12-28
p. Sanchez Jr. Is
New Member of San
Carlos Personnel

With the departure of J. NJ Muir
fee, assistant manager of the San
Carlos hotel for the past five years,
T. Sanchez Jr., has been added TO
the San Carlos personnel.
Mr.. Sanchez is a Pensacola boy. He
was formerly assistant manager Of
The Pines hotel Of Panama City, and
for four years was connected with
the San Carlos under former man
agcment. Recently he held a DO
sition in the office of James AIacGib-
bon, clerk Of the circuit court. but
resigned TO accept the new offer.
Mr.. Murfee left last Saturday for
Santa Barbara. CaL. where he will
manage the Samarkand. one Of the
Cha!les E. Heryey hotels.
The Pensacola journal., 1922-12-28
THE NATIONAL TAEATER.

1t has long been the dream and
hope of lovers Of the drama that
a national theater might be estab-
lished in America. II has been con-
templated as q place TO be dedicated
to the best there is in the drama
where the best authors. the best
producers. the best actors and an
apprecjativs rub ic might join in
an effort to show the best Of which
the stage e capable. to make tbc
thcster place where lofty stand
The Pensacola journal., 1922-12-28
A GOVERNORS COW.

The famous COW that jumped over
the moon when We were Young Is
going TO have her fame dimmed By
another COW.
Governor eject Jonathan Davis Of
Kansas says he will take his COW
TO he capital and will do his own
mi sing.
"hc man on horseback may be
sue c>eeded by the man on the milk
ing stool.
B,t who. We ask. will keep the
flies off the COW when the governor
is IN liking and the flies of the
state at the same time?
Yet man can do powerful
lot OF good straight thinking for
his state vhile he is milking q COW
and nos nj King the state.
Il might te wei Tor alli public Of
ficers :o hS-s a COW to mIlk.-Albany
News.
The Pensacola journal., 1922-12-28
THIS DATE IN HISTORY
December S3,

11JS-The French settlement OF
Goree taken by the British Admiral
keppeI.
17SS-John Logan, a Scottish di-
Vine and poet, died He obtained
much distinction as an eloquent
preacher.
1845-TeXas admitted to the Union.
The Pensacola journal., 1922-12-28
CUT THIS QUIT is WORTH
MONEY

Cut out this slip. enclose with SC
and mail it to Foley e Co, 1886 Shelf
field Ave. Chicago, ILL.,. writing your
name and address clearly. You will
receive In return a trial package
containing FQley's Honey and Tar
Compound Tor coughs. colds and
Group; Foley Kidney Pills for pains
IN sides ana back; rheuma tisTn, back
ache. kidney and bladder ailments:
and Foley Cathartic Tablets, Il whole
some and thoroughly cleansing ca
thartic for constipation. biliousnesS
heads ches and sluggish bowels. Sold
ever Advertisement.
The Pensacola journal., 1922-12-28

Covering interct: only.
In the foregoing table, it will be
noted that in the fifteenth yea
$33,600 OF bonds out OF total loan
OF 100000 falls due, and that
monthly payments provide only
enough to meet the interest rot
the principal. In this year more
than 300 OF the entire loan ma
lures, whereas in the preceding
years. not more than 7go Of the loan
fell due in any one year. ! he
question arises, therefore, how th.
bori over is to take care OF this e.
larged payment Of these bon1s o.
the final maturity. Are these Doncs
less secure than those which ha-
tured in preceding years?
Safety of Long-Tcrm Bond
Not at all. The reason IS tfs
the bonds maturing in the httetr.a
year arc. secured by gT'a''r
amount OF property yalGe 'a.'
those OF any preceding year. 'n
the fifteenth year, the borrower,
he did not hnd it convenient to pa
the bonds out OF his own iundS
would merely secure ne" iiosa.
He could do this without the leas'
trouble, because he could one
property worth S320,000 as seourity
for a loan OF S33,610 In other
words, every thousand dollars bof-
rowcd would be secured by proper
worth S9,523. Any Insurance Con-
pany or large mortgage bu.a
would jump at the oPportuniiy 'o
obtain a loan 50 thoroughly Sc
cured. The real estate mortgas4
banker who originally issued t2s
bonds would gladly provide 81
loan. In cases where serlal "a.
ments do not provide for the re't.
ment OF the entire loan, this so';
"rehnancing" or "refunding IS l.'
practice which is almost inysrla.o3.s
followed Shrewd investors rea.'1
the increasing safety OF real es's'
bonds OF long maturity, and h, ,'.'
usually try to obtain these bon
Apart from the advantages 10 l''
investor himself, the amortizat..'
plan is Z great benefit 10 the coz.
munities in which it IS pract.r-.
Under this plan, the borrower
constantly reDaying the earning
his building into the hands Q: ~
lenders, who. in turn, are az
use this money 10 buy more bc"s
issued TO Greet more building.
very great stimulus is thus app e.
to building activity, because thcre
a steady flow OF money, at all tla'ss
into the building industry.
(Coryrigbt. 1922, b. G. /. Mi'ies)
The Pensacola journal., 1922-12-28

The details OF the plan arc ex-
tremely simple. The deed OF trust
which the borrower gives, pledging
his property as security for the
loan, contains clauses which pledge
the earnings OF the property as
we'll as the structure and the land
themselves. The deed OF trust also
provides that out OF these earnings,
the borrower will make regular
periodical payments 10 the Trustee
in sufficient anIount to pay inter
est. usually due every six months,
and a portion of the bonds falling
due every year or every six months.
The amount which the borrower
agrees to pay varies widely. Some
times he pays only geo or $50 a year,
distributed over II equal monthly
payments@ If gee is paid each year
en- a l0-year loan, it follows that at
the end Of 10 years, the loan will
have been reduced 800. If an
average OF $50 is paid off each year,
the loan will be reduced by half in
10 years, while il the loan runs for
Is years only one-fourth will remain
to be paid at the end OF that term.
An Additional Safeguard
The advantages OF amortization
are perfectly plain TO everybody.
In the first place, such payments
offset the natural decline in value
which might occur in the case OF
any property. which was not kept
in thorough repair. During a period
OF Is years, building, unless prop
erly kept up would deteriorate
considerably in value. During the
same period, changes in the charac-
ter OF the neighborhood or a decline
in the general real estate market
might seriously impair the value OF
the land securing the loan. If, how
ever, a part of the loan is paid off
each year, il is practically unheard
of for the value of the property TO
decline sufficiently TO make the loan
insecure.
In the case of first mortgage
bonds issued against incom9-earn-
ing property in the South, there is
an additional element of safety in
the fact that this region is con-
stantly developing, constantly in
creasing in population, and as a
result there is steady tendency
for property to become more valu-
able rather than to depreciate. In
the older. thickly populated sec
tions the real estate market may.
from time to time have a bad slump.
because values have already reached
high levels. In the prosperous and
growing cities OF the South, how
ever, the market is sustained by
the constant pressure for new build
ings to keep pace with the industrial
and business development OF the
region. This is safety factor Of
no small importance in connection
with Southern real estate bonds,
and the general public is recogniz-
ing this fact more and more.
In addition to offering safe
guard against depreciation. these
monthly deposits and serial pay
'-~1ts OF bonds bring to the in
Tor positive additional security.
The Pensacola journal., 1922-12-28
PropTty
value

A further illustration Of how ths
amortization plan works in prac-
ticc is given in the following table,
showing the exact monthly pay
nents. which the borrower was re-
auired to make TO meet 7To interest
payments and maturing bonds IN
the case cited above;
The Pensacola journal., 1922-12-28

When man has money 10 invest.
when he wants business Of his
own. one that, with the proper back
ing. will develop into something
worth while. he turns. natural ) Ia
the Business Opportunity Columns
81 The Want Ads in search OF an
available proposition.
The Pensacola journal., 1922-12-28
SAD EUROPE.

With the prevailing tendency Of European governments
fail of any adequate conclusions at their many conferences
He whole European question Yet at least far the
eope themselves are concerned perhaps it is after ALL
for sympathy and understanding rather than for cr
ism and cold aoofness.
brilliant. hard-headed American business woman VINO
The Pensacola journal., 1922-12-28

ard before the country would be
the measure with which all other
dramatic productions would be coh-
pared. it has been d great dream.
An organization has been per
fected in New York to make the ma
tionaI thcater dream a reality. 1t is
composed Of prominent educators,
and the leading producers of the
ktage, dra matte authors of renown
and ACTORS OF note. There are others
anxious 20 have a part in this for
ward step. men of wealth and vision
who believe the best traditions of
the stag ave worth preserving. who
believe the stage il the "j2ht hands
and with support from the public
will be abe TO demonstrate its edu-
ca;:onaI cultural and artistic values
and Influence. The ideas and pur-
poses cI the men in the movements
are in harmony with the aspirations
a.l dream of the great actors oE
trc past cnd present.
TIC movement is launched at A
time wien the legitimate stage is
in pctd Of strong friends. There
have bota many writer's, producers
ard actors who have done damage
to the stage. have shocked and sick
cncd thoughtful people by their sem
sat!onaI appeals to vulgarity and
low thought. II the national theate-
VIII help drive out the unfit and of
fe- larger opportunities for the clean
and talegtad people OF the stage, 1t
VIII have Gone large service. viii
be worthy the friendship and good
will ard support Of the public.-Co-
~ nI,ip State Journal
The Pensacola journal., 1922-12-28

When this series OF artic,-
IS completed. copies NAV be T.
tanned IN booklet form. Reque
should be addressed at once .
G.. L. Miller & Company, lr'
Atlanta. Ga, or - EC5! ~
Street, Neg Y0rb, L. 7.
The Pensacola journal., 1922-12-28
THE STATE PRESS

December &c.
Art is long, but life is fleet
ing"
The Pensacola journal., 1922-12-28
Politics, PeapIe, RerSiflage

Con1n3ent On Subjects IN Winch You
May or Nay Not BE Interested
A5out People You Know and Ought
10 Know.
BY EYRAN MACK.
The Pensacola journal., 1922-12-28
Ringing Will Not
Appear Here Until
March; Now on Tour

Robert Hing!ing. we'll known bari
tone, who was to have appeared here
Jan. 9 1T the high school under the
auspices II the Music Study Club
wiz not come to Pensacola until
March.
y wire received from p. E. John
son. the New York impressario. an
nounced that Ringing had contracted
TO sing for the next two months with
the San Carlo Opera Co., under diTec
tion OF Fortune Gallo. He had sung
the leading roles in That's, La Tosca,
Paeliacci, Traviata and Aida during
the recent months stay Of the San
Carlo company at the Century theatre
New York.
Announcements Of Ringling's March
engagement here Will be made later.
The Pensacola journal., 1922-12-28

Jim Phillips is in town spending the
holidays with his family. All Of you
know Jim. He was formerly a rail
road man. then secretary OF the Pen
sacola Chamber of Commerce, cap
tain in the army during the war, and
now selling auto trucks in New Or
leans. He says he is making money.
which 1 rather doubt being true. for
he says he is s3ling the Mack
truck and 1 know that I am not get
ting any proceeds Of the sales.
The Pensacola journal., 1922-12-28

The Little Theatre movement is
proving to be very beneficial in the
cities where it has been tried. and l
would like for Pensacola to become
Interested. It in no sense interferes
with the regular theatre patronage,
and on the contrary builds up a SEN
timent and an appreciation for dra-
matte art.
Pensacola has amateur talent that
few towns can boast, and a Little
Theatre here would be d complete
success. On account of the absence OF
a theatre where the better plays can
come, the Little Theatre movement
would fill a demand of our peoIe for
the drama. Other cities have used
various kinds of buildings for putting
on the plays, one even converting old
livery stables into a play house.
l would like to hear from the
Pensacola women and men who are
interested in this movement. Let's
put Pensacola on the map and show
what can be done.
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-09-09
COLONEL ROBERT f. LEE

Because OF the heritage that was
his in blood and name, and still
more because OF his own measur-
ing up 10 the obligations OF that
heritage. Colonel Robert T.. Lee
claimed a large and secure place
in the affection and esteem OF Nir-
ginianS. His death inflicts upon
the Commonwealth a deep loss,
and marks for all Virginia an oc-
casion for genuine grief.
Though he appeared to have no
special concern for the ephemeral
honorS which some account the
chief reward OF public service, his
life had been one OF large useful
ness. both to his immediate COM
munity and the State as a whole.
That his contribution was rem
dcred, for the most part, in disco
citation from official capacities di-
miuishes in nowiSe the estimate
his State will place upon it, nor
lessons the sorrow tilat will be felt
because OF his removal at the
height of his powers.
TO Colonel Lee belonged the
graccs and gifts OF his race, the
qualities of mind and character
that are everywhere associated
with the name he bore. As a law
yer, a legislator, citizen and neigh
Dor. his way was that OF conscien-
tious regard for every Obligation.
And it was long ago recognized
that in point OF intellectual gifts
and attachments another Lee had,
in him, risen to she'd new luster
upon 4 peculiarly distinguished
family. - Richmond TimeS-Dls-
patch.
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-09-09
The Crossroads of Life
BY Rev. Robert Browne

Romans Bird. Chapter 22nd. Verse
| want TO call your attention to part
Of the 22nd verse for there is no
difference, now that is one Of the
verses, one Of the portions Of scrip
lures that man don't believe and don't
like. I've had many men ask me
about that verse. Is it true or is il
not: Why do they ask such ques-
Ton? Because We are lust apt TO
think We are q little better than our
friends and neighbCrs. and men don't
Ike to believe there IS no difference.
Il is one OIL the greatest lessons
man has 20 learn that. he is d sin
ner i YOU don't believe that YOU are
Sick, You won't call IN d physician. I
can imagine there is some reader who
says isn't il better for q man To be
sober than drunk, isn't it better for
q man to be honest than for him to
De dishonest. les we Will admit all
mat, but If a man has not been saved
from his SIN, he must perish like the
ceSt of the world, who are saved:
No" ii q man wants to find out what
ae 49, let MN turn 10 the Bird Chapter
OF Romans. He can read his life
there
The law isn't to save men, but the
Jaw Is Just TO show man that he is
lost and ruined under the law. These
people that are striving to save
themselves by the law are making the
worst mistake of their lives. Some
people. say if they try to do right
they think that is all that should be
required Of them. They say win
,;;E ana keep the law, won't breal,
the len C)mmandments. Well did Won
ever know man to keep the law
out the Son of God himself. The law
was given to show his ruined and LOST
condition. II was given to measure
men by their fruits.