The daily star-mirror. (Moscow, Idaho) 1911-1939, 1923-05-09
DON'T KID YOURSELF.

portion today as is cost of construc
ton and the man who uses his hea(
and does not demand every new
tangled ~contraption that an architecI
or contractor can propose for his
house, can build with his present day
income and have a larger margin left
than would have been possible in
1913. Along this line the Yakima Re-
public says:
Don't blame the present building
costs entirely on to lumber and labor
Remember that in nine cases out OF
10 your ideas of what you want have
expanded, with your income and you
would not be satisfied today with the
1913 bungalow.
Taxes at $100, insurance at $50,
repairs and upkeep at 500 and Z per
cent interest on a $4,000 house
amounts to $3.50 a year.
eff you pay $50 a month rent for
nine years you have $500 worth of
rent receipts worth nothing. If you
IA QOO q hlOlll1 iAtO q jill " AA'O
years, even if it was necessary to cut
out a few theatre parties or clothes
to make up interest, etc., until the
property was paid for, o would
than $500 at the end Of nine years
and your family would have a rOof
over it's head which could not be
taken away from them for failure to
pay a months rent.
Don't kid yourself, you can own a
home as well today as you could 10
years ago if you want to. 1t is not
the cost Of building that will prevent
you, it is the cost of satisfying your
inflated demands for luxuries and
modern extravagances that prevents
most people from building"
"a "a ~
Right thinking Americans do not
want their country to stand aloof
from other nations to an extent that
it could be thought selfish and in
c~onsiderate Of the welfare of the rest
of the world, but many think that
we might well give a little more at
tention just now to our own affairs
and a little less to those of Europe.
For the most part Europe must work
out her own salvation and about all
America can do is to act as a sort of
brake if some nation or group OF
nations goes too far in seeking adj
vantage. The weight of our ,influ-
ence, however, depends very much on
whether we nave our own house in
order. An America living up to its
ideals, which are the ideals which
govern the earth, will do more
for the world than an America which
neglects it's own affairs to give at
tention to those of Europe. There is
a happy medium, but there are those
who have a tendency to slop over.
"a "a "a
DEFINING INITIATION
Imitation must, therefore, be de-
fined. 1t seems hat the only proper
definition is about like this: Inia-
is a condition in which money
and bank credit with which goods are
purchased have increased more ra-
pidly than the volume of business.
1t is a fact, not a theory, of re-
serve banking that credit, whether ex-
pressed in terms of bank deposits or
Reserve notes, is in a sound
condition when there is value in
goods back of every dollar, and
sufficient gold for reserve purposes.
Business has not yet overreached
condition. 1t may not reach it.
There is no particular reason why it
should reach 1.-THE Nations Bust
ness.
The union brotherhood banquet,
Tuesday evening, at which some 200
men, representing Moscow's various
church organizations, came together,
vas one ,of the finest things that has
occurred recently in the city. The
EXCELLENT addresses were an inspira-
to those who heard them and the
fellowship in itself was most va1'l-
BILE. 1t is to be hoped that the ban
may be made an annual affair.
N
The T. W. w. strike has petered
ut, and now many of the men find
rat their old job is not waiting for
lefr return. There was no occasion
the strike. The men were getting