davidaulloa/AmericanStories huggingface dataset:
The Daily Alaska empire., 1934-01-27
Una Joins that Very Select
 List of Leading Ladies to
 Appear ivith Harold Uoyd|
By ROBIN CoONs

HOLLYWOOD, Jan 27.-In 20 years on the screen Harold Lloyd has been sparing in distributing the job of leading lady in his films.
 The selection of blonde, drawling Una Merkel from Kentucky for his heroine in ''The Cats Paw marks only the seventh time in his ca reer that a new feminine name has been added to the comedians production roster.
 Charles Chaplin has had fewer leading ladies than Lloyd, but Chaplin has made fewer films Since Edna Purviance, the blonde beauty who appeared with him in long succession of comedies, there have been only Georgia Hale, Mer- na Kennedy, and Virginia Cher Till, with Paulette Goddard set for the picture soon to be produced. LLOYD LADIES
 Lloyd began with Bebe Dan iels opposite him in practically all his earlier films and there fol- lowed in order Mildred Davis (now Mrs. Lloyd), Jobyna Ralston (now Mrs. Richard Arlen), Ann Christy, Barbara Kent, who appeared in two Lloyd pictures, and then Con stance Cummings, heroine of "Mov- ie Crazy"
 When "The Cats Paw is re- leased probably not before autumn, it will have been two years since the fans saw new Harold Lloyd picture. @ aa
 Chief of the signs of renewed activity is the green and white bungalow that Lloyd is building on his former lot, the old Metropoli- tan, now rechristened the General Service. Here he used to .'make up" in cranny-like dressingroom At United Artists, where he had quarters for time. he occupied Mary Pickford's bungalow. His new home is small, simple and efficient but it placed Lloyd in the dwin- ding ranks of bungalow stars.' LLOYD OLD-TIMERS
 But another sign of business is the "old home week" atmosphere of the lot Unless you've been with Lloyd at least 10 years you're al- most stranger in the midst of old-timers. Sam Taylor, directing, began with Harold as a gag-man 13 years ago. Walter Lundeen, his head cameraman, has photographed all Lloyd films in the last IT years. Waffle Howe, as actor and dresser" has been in the com pany Is years. William Mcdonald and his assistant, King Vedder, technical directors, claim 13s The combined years of service of the group mount to a considerable to- tai.
 Practically a newcomer" is Har- ry Oliver, who has been art di- rector only six years, but long enough to get acquainted
The Daily Alaska empire., 1934-01-27

Shop in Juneau
Evening star., 1934-07-16

FORD 1880 phaeton, in fine condition
mechanically and appearance good tires
clean throushout A real suappy car for
$3.50; terms and trade Hill 4 Tibhitts
Rraprh EQAq t,eDrpis ave
Evening star., 1934-07-16
sALE-AUToMOBILEs.
CONTINUED

, FORD 1929 Tudor. hnisn tires. uphoi-
stery and motor perfect ses thiS one lSa 'Sl
eniy sil5 termS nI dfti roh1nkA service ii|'
FORD 1889 de luxe sedan, maroon. only
run 600 miles private owner must sen
only SloS balance by month Nolan. III
Eighteenth st -
FORD 1899 de lake sport coupe rumble
seat; beautiful condition, original fnish
like new only SR1; balance N2l per
month Nolan. III Fiehtsenth st,
FRANKLIN 1880 de- Luxe sedan: the
sm2g; sreS9ief mG,oI n b,dE ,Ga with green @
car for S6s5 Lee d. Butler. Inc 2l5b
HUPMOBILE little siS sedan. looks and
runs fine: only SRT. can give terms.
Nolan. iii Eighteenth st. NV.
LA SALE 1890 sedan. new paint snq p
al the lev price Of S445 terms. trade
l. steuart Inc 1875 l4th st. n"
LINCOLN late 1891 sedan; looks snd runs
ike new a real bargain for cash 6eIier
work fast Phone Adams "943-W. IL
LINCOLN 1890 sedan; dark maroon nnlSh.
excellent motor and tires. very Sie5tl
throughout S6a5 terms trade. L.
Steuart. Inc. 1875 14th 81 NV,
NASH. late 1928 standard light g. Al
mechanically; newly painted. Must sell,
GEORGIA b4o@.
NASH 1928 sedan: newly painted: fne mo mo
tor, good brakes Must sell only DO
Nolan Motor Co. iii Eighteenth st. NV.
OLDSMOBILE 1927 coupe See this for
only S3b. Pohanka Service ll26 2oth
st. NV. DI 9141. "
oLDsMORILE 1929 coach; Drsnd-new
black Duco fntSh. new tires, seat covers.
motor quiet An attractive and serviceable
car and only Sl65 terms Pohanka SerV-
ice 1875 20th ST. NV. Dl 9l4l.
beautiful brown finish with red trim. genu-
Inc leather upholstery Many deslra,oiie ,l3it
features are found in this 1898 CldsmoblR
's' No-dTaft ventilation body by Fisher;
deep restful seats; luxurious appointments
throughout. Only $500. Terms ano trads.
parkway" 304O Nj St NV. WEST dlol.
OLDsMOBTLE 1929 coupe; original paint
GOOD tires. Only Sl1G. easy terms. MOAN
iii Eighteenth st, nv,
Evening star., 1934-07-16

CHEVROLET 1888 Fnnrter coach. Ftsaff
rs-drEft Ventilation atartrrhtoF. EOou tlfs2-
stHRn velour uDh0iftery black fuiEh. AtieN
stripe N4eb Nffh TfisuElf g Blns -hlogoh
gusraptrs Ifiansls Opsg-Ar Uted-CsF
bispiHy iTth and RHODE Islsnd ave n'
CgHfn sveU4uaa
Evening star., 1934-07-16

CHEVROLET fga8 touu sedan, osgiit-in
tunk beaBtltul auiah almost ike nte
Car mas had exoeIieut care Honesty
Priced ~ Shgh ard worm ihf Wnnf'
AnF dsgnonaifailon liberal terms. owens
MafaF O. HH'1 rse ave
Evening star., 1934-07-16
RENT-GARAGFS.
KOOMS-FuRNISHED

4 FhD AANs @NFN-S 80 Ne-- ~-st -
ROOMS-FURNISHED.
63I EYE ST NW-Two large attractive.
well furnished rooms. kitchen range. sink,
several windows. good tqrniture; S9 wkly.
I6s
gIR 10 ST NV. GORDON HOTEL
Double rooms with bath. Sl2 weekly up:
double rooms without bath 50 weekly:
single rooms S5 up. 24-hr. elevator and
switchboard service.
BURTON-COLUMBIA, 212O-25 g St NV.
, Downtown: clean eomfortaole IN Summeg'
? or ] IN room.
PORTLAND 1923 Vermont Thomas Circle,
Cool IN Summer clean convenient; maid
81 for or ] In room.
1921 INGLESIDE TERRACE NV. Cat sth
and NeWtonl -Gentleman ,arge airy
den. etc. adult home; reas.; cool. 10"
I42 UHLAND TERRACE NE, near 2nd and
r. ! sve.--Nicely furnished room: plenty
Of hot water; gentlemen. $3.50 week.
1920 EYE ST (near White House1-cool
second floor front single. hot and cold
running water, phone. garage; renned
nome Gentleman 10
CHEVY CHASE-Private home. Delight
fully cool double rooms porch ex-
tension; semi-pTiyate bath. Breakfast OPP
l322 L ST N.w.-Large, cool front Ink.
also sleeping and In H. rooms with run
ning water. So up; single. SO up.
ALLISON. near 18th st. n.W,--Nicely fur
nished room. near shower. bath. in pri-
vste Jewish home: gentleman. Phone
Adams 2721.
WILTSHIRE MANOR. ] I63s 18th So. Nv
Beautiful large double outside room. next
to bath, IN exclusive club residence for
men and women; large, shady lawn.
RESEARCHMENs CLUB. 1907 / CEyel ST.
SINGLE, s4 up double SO each person;
o2s
1900 MASS AVE NV. APT. 42. the De
Soto nicely furnished front rooms, cool:
terms reasonable. ME- 46i5.
1918 18th ST. NW.-pouble room: cool;
50 so week: home privileges.
(contlnasd sa Rsxt PAEs.l
Evening star., 1934-07-16

FORD 1881 coupe new finish motor in
excellent shape. good rubber Honestly
Priced at S245 Small down payment
balance 70 suit you owens Motor Co
SSv3 Ga ave
Evening star., 1934-07-16

CHEVROLET 1882 coach. excellent nnish
nVr good tifes and . dandy motor eileen
uphoistsry DO not buy any cat uHill you
see TINS one Honestly PRICED ~ Nd'
sn4ali down payment. balance to suit you
f1ntns MnInr Co Hl1I Gh ave
Evening star., 1934-07-16

FORD mooel A coupe. very good mechan-
1cal condition Only ~lnu. terms. Owens
Motor Co 6,}23 Ga ave
Evening star., 1934-07-16

CHEVROLET Ipat coacn Herr Is car
that has been through our shops and has
been Thoroughly rrcoaditiOnsd. II - Hon
eslfy Priced 81 SEQ. and ih an eHcththt
buv We suggest that you see this ca
he lore purchasing elsewhere. Liberal
t,rus O0rnK Motor Co gIa1 Ga ave
Evening star., 1934-07-16

FORD lgae de luxe sedan, maroon, only
run 600 miles; private owner must sell,
only Sios balance by month Nolan. III
Evening star., 1934-07-16

CHEVROLET fpgg coupe ues tires hne
paint excellent motor very scnuomteal
caf 10 operate priced very ioN ~ sl4f
trade yept old car. terms 70 sUit HI
a TibbltlF Branch hp4R GeOrgia ave
Evening star., 1934-07-16

FORD 1854 Tudor seGan. excellent con-
otUion Also Ford sedan Jumbo tires.
Both lust Ike new 1897 l4th ST nv
FORD ROADSTER 1888. VS.. slightly
oAmaged viii sell che&p tor cash: mileage.
. Gee Robt HerSon Auto ENchange Inc,
- FLA. ave. ne North lo40S. North d9So.
raaa. ,.,Yv NaIaF
Evening star., 1934-07-16

FORD 1929 Fordor sedan Honestly
Priced 81 Sl&5 Be sure to see this car
before PURCHASING elsewhere ANY demon
Stratton YOU wish Owens Motor Co 1923
Evening star., 1934-07-16

FORD 1882 vs. coupe. new 1874 Ford
nile green finish practically new tires
clean velour interior. S3a5. with TriRnsle' 5
Blue Ribbon Guarantee Triangle Open
Ait USed-Car Display, 18th and Rhode
Island ave n z Omen EVENINGS
Evening star., 1934-07-16

! sTUDEPAKFR 1892 Commander Reeal
/ sedan: finished In beautiful black satin
/ less Bedford cord interior; all good tires
and excellent motor. Sfs45. Lee u. Butler,
: InC u ~ Champlain
Evening star., 1934-07-16

HUPMOBILE little six sedan. looks and
runs fine; only S65. can give terms
Milan LII EIahiecnih 81. nv
Evening star., 1934-07-16
SALE=AUTOMORILES

sPECTALl SPECIAL sPECIALi
Chevrolet coach. 1882, repOsseSsed; in
perfect condition. $500, terms TO reliable
party Franklin Finance Co. 1Ol4 l4th
ST lb~
Evening star., 1934-07-16

STUDEB AKER o24 President Regal sedan
beautiful maroon, driven only o00 miles;
built-in trunk, steel wheels. tailored
seat covers. radio many other extras, all
automatic features st a great reduction
Lee y Butler, Inc, 2155 Champlain st
Evening star., 1934-07-16

PONTIAC 1898 sedan: driven only 10000
miles; dark blue finish, Just like new; up
holstery has been protected BY seat covers
mechanically perfect. Your most carelui
INSPECTION invited. new-Csr guarantee;
S645. terms. Pohanka Service 1925 goth
81 n " DI olAl
Evening star., 1934-07-16
PARTS-PARTS

For All Cars and Trucks
Auto Glass Installed and Repair Work
ROBERT HERSON AUTO EXCHANGE INC
- Florida Ave n e North lO4oS
Evening star., 1934-07-16

FORD 1888 FordoV sedan; only run 3 POO
miles Owned by lady who save 1t best Of
care. Can sell only SI07. bal monthly
Nolan, III Eighteenth St nv
PORD 1854 standard coupe: Just like new
only 1000 miles; barGain. S5o7, Nolan
III Eirhtefnfh 81 D "
Evening star., 1934-07-16

FRANKLIN 1880 de Luxe sedan: the
ismous str-cooled motor that's In hne
rendition. refnished In black with green
Trim. all good tires, q wheels. HiEh-ETade
car for Sh"5. Lee ID. Butler, Inc. 2l7D
At It
Evening star., 1934-07-16

tSbVEOiET iHa4 ssdan iow mileage
nsaufifGi maroon huish Duro tenders tn
match safety gissa iots ~ saUlpmenf
efsHb. ilberai LeTHs Nj AayheS. Okorsia
Evening star., 1934-07-16

FORD 1890 de lake sport coupe rumble
seat. beautiful condition original Hnish
ike new only So; balance. vi per
month Nolan. III EiRhteenth 81
Evening star., 1934-07-16

PLYMOUTH 1892 sport roadster; tan nm
ish with blue trim and Tenders, cream
wire wheels: very sporty car; motor in very
good shape; all good tires and well worth
4 Tibbitts Branch. 5a4a GEORGIA ave.
Evening star., 1934-07-16

PLYMOUTH 1880 sedan; excellent inish
good motor. top. tires and upholstery;
Honestly Priced at only SlS5; liberal
terms Owens Motor Co. 6323 Ga. ave
Evening star., 1934-07-16

PLYMOUTH 1929 sedan, Sll5; in excel
lent mechanical condition throuehouti
good tires; real good TRANSFORMATION Tor
Evening star., 1934-07-16

PLYMOUTH 1890 roadster. only Sl35; in
the best of condition; can arrange easy
terms. A real buy. Century Motors. lSo5
l4th ST
Evening star., 1934-07-16

PONTIAC late 1883 de luxe sedan car
in excellent condition: Jumbo tires; new
car guarantee; small cash payment bal
ance monthly 1921 l4th ST. NV.
Evening star., 1934-07-16

PI YMOUTH 1892 de luxe sport roadster;
wire wheels rumble seat etc: black. REQ
wheels. Only S277. Nolan llll Eight
nenfh ST ~
Evening star., 1934-07-16

PONTIAC 1888 coach: paint. ures. motor
and general condition like new; Soho
terms trade l. P. Steuart. Inc 1873
l4th st NV
Evening star., 1934-07-16

PONTIAC 1898 sedan; driven very little:
like new throushout: save considerable by
purchasing this fine car: Sa95: terms
tradr L P Steuart. Inc. l3H5 l4th NV.
Evening star., 1934-07-16

DODGE 1882 4-door de luxe model sedan;
paint, tires, motor and general condition
II today at the low price OF S46S. terms
and trade HIN Tibbitts Branch. 094e
Gcapgia
Evening star., 1934-07-16

PONTIAC 1891 sedan; paint tires, motor
and eeneraI condition very good Idea
transportation for. S295. Lee d. Butler
81
Evening star., 1934-07-16

CHRYSLER 1882 sport cabrlolet; beautiful
nnlsh new white side wall tires rumbie
seal leather upholstery. motor Thoroughly
checked in our own modern service center
and n is perfect real sporty car thst
Is truly a bargain at S525; terms and
trade hin a Tibbitts Branch. 5a4s
Georgia ave
Evening star., 1934-07-16

FORD 1898 v-s Tudor: black finish. cream
stripe and wheels velour upholstery, good
tires; S495 with Triangle's Blue-Ribbon
Guarantee Triangle Open-Air Used-Car
Display 18th and Rhode Island ave u e.
Omen evenings
Evening star., 1934-07-16

FORD 1879 VS. Tudor-Here is heauti-
tul maroon lob with SpotleSS interior ex-
celeut tires snd a motor that speaks for
Itself criVe around the block will con-
Nm"e you that this is the car YOU have
been lookine for Only %:i33 Terms ana
t~ade. PARKWAY " 3O4O NJ st n ".
NESt nl6l
Evening star., 1934-07-16
SAIF-AtrToMoRTtrS

AUTOMOBILES at wescniers auto auction.
QcS II NV every Wednesday and Satur-
DAY. 10 am Usually = GOOD assortment.
Evening star., 1934-07-16

PIERCE-ARROW 1891 7-pass sedan. de
luxe equipment, rebuilt motor. good paint;
tires and upholstery, A very Substsntial tls
tinction Si1b Capitol Cadillac Co.
I229 22nd st. NV. MA. 1900. c. c. c.
guaranty
Evening star., 1934-07-16

CHEVROLET 1898 special sedan. original
nnish almost ike neS si1 wheels apd sIh
excellent tires veil tenders. metal TIRE
covers 10 match finish OF car: clean up.
hoIstry nne motot Honestly Priced a.
S59b and worth u Any drmonbi fhtioh tl.
fiheral a N A Z terms owens Motor
% nA1A Ga. ave
Evening star., 1934-07-16

beige finish lust like new; red wire wheels;
tires like new low mileage. Very sporty
and like new in every respect. We invite
Pohanka Service, 1926 20th st. NV. DI.
Evening star., 1934-07-16

PONTIAC 1899 So sedan; finished in
beautiful green; new tires, excellent motor,
fne appearance throughout $40. Lee
D. Butler Inc. 1855 Champlain St.
REQ 1909 coupe: q wire wheels etc; runs
fine Only SI17. Nolan. 1lIl Eighteenth
Il NV
Evening star., 1934-07-16

FORD coach. 193l perfect in condition
ana appearance; terms and trade. Steu-
art Motor Co. Northeast Branch. 5I4 H
Evening star., 1934-07-16

PEERLESS small six sedan; good tires and
paint Make wonderful car for trip. Only
S67; can awe terms. Nolan, I'LL Eight
zenith st NV
Evening star., 1934-07-16

PLYMOUTH 1898 sedan: excellent paint;
| good tires clean interior: very economical
| 10 operate, S495. terms. trade. L. +
! Steuart. Inc, l325 l4th st. NV,
Evening star., 1934-07-16

FORD 1881 sedan: finish very good. up
holstery clean, very good tires motor per
feet, S225 terms. Pohsnka Service
lIoA nnlh ~ N m NJ AlA1
Evening star., 1934-07-16
RIG SPECIAL

USED CARS all makes and models
from SeS.On Up
RoRT. HERsoN AUTO EXCHANGE INC
- Pa. Ave. NE. North lo40s. $3.50.
Evening star., 1934-07-16

ESSEX 1882 Terrsplane q coupe. blue
with black trim and gun-metal wire wheels,
attractive slip covers excellent tires; $3.50,
with Tfiangle'S Blue Ribbon Guarantee,
Triangle Open-Air USed-Car Display. l9th
and Rhode Island ave. ne. Open evenings.
Evening star., 1934-07-16

ESSEX 1929 Challenser coach; excellent
condition throughout. See this csr for
only S95 PohankA Service ll26 goth
81 NV DI AlAl
Evening star., 1934-07-16

ESSEX 1892 PacemaKer q sedan: black
with red wire wheels cowl lights. slip
covers good tires; S3g5, with Trts ngle' S
Blue Ribbon Guarantee. Triangle Open
Air uSed-Car Display 18th and Rhode
Island ave ne. Open evenings.
Evening star., 1934-07-16

FORD 1880 town sedan. very good paint.
fine tires excellent motor. clean interior.
Really a fine car for S29S; terms and
trade, Hin a TibbttS Branch 5949
Evening star., 1934-07-16

DE soTo. 1888 coach like new: can
finance 630I Florida St, Chevy Chase,
Md WI 31D0-J
Evening star., 1934-07-16

FORD 1888 VS. 3-window coupe: rumble
seat; driven very little and shows the best
OF care, thoroughly checked in our up-to-
date modern service center and is excellent
mechanically; priced low for a quick sale
~ II ;, terms and trade Hill 4 Ttb-
bits Branch ha49 Ceoreia ave NV
Evening star., 1934-07-16

CHEVROLET 1881 5-wtndoE coupe besu-
ftnl npW hnish clean upholstery eve
ttrrr This car has everything YOU ~ant
in car and Il Honestly Priced A. Only
$3.50. liberal terms arranged. owens MO
TOR Co O318 Ga ave
Evening star., 1934-07-16

/ ROCKNF 1879 model * de luxe sedan;
/ G-wire-whpel eouipment trunk rack.
real fine car for $435; terms trade Hill
! & IibbittS Branch. A949 Georgia ave.
Evening star., 1934-07-16

PACKARD 1880 sport coupe. beautiful
Elack finish all good tires excellent motor
seat covers hish-grade car for S499:
terms. trade. L. P. Steuart Inc 1879
I4th st NV
Evening star., 1934-07-16

CHEVROLET 1882 de luxe sport cream
roadster Only S325' terms. Nolan iii
Eighteenth ST. NV --
Evening star., 1934-07-16

STUpERAKER l934 Commander -
sedan; used for display purposes only
| driven very little beautiful black finish;
cloth Interior, all automatic features; equal
I 10 new Sold with new-csr guarantee
! S995, terms. usde Lee d. Butler, Inc
i y 5h Champlain st.
Evening star., 1934-07-16

! strry and motor perfect Ses this one for
only SiIs terms Pohanka Service. 1925
Evening star., 1934-07-16

FORD 1888 VS. Tudor. beautiful blue
nniSh that looks Ike new. all good tires;
motor thoroughly checked anG is in best OF
mechanical condition very clean interior
Hll & TibbijtS Branch. hgIq Georgia ave
Evening star., 1934-07-16

FORD 1892 vs. de luxe Tudor; beautiful
black hnish with cream wheels; motor
tires, interior thoVoughlN checked and in
best of possible condition. real fine
Ford for Sts5S =. terms and trade. Hill
q TlkhliIS Branch hQAQ Cieorela aNe
Evening star., 1934-07-16

CHEVROLET 1891 sedan. beautiful new
eark blue fnish, hve nne tires ceHh W.
hoisfeTy Motor is IN exceptionally Eooo
condition. ANY demonstration you ahu
your family desire Honestly PTloea a,
N9OO aud worth every penny OF II. Smsi'
down payment balance 70 sun 'ou
ousns Motor Co 6823 Ga ave
Evening star., 1934-07-16

OLDsMORIIF 1929 coach; prsnd-new
black Duco finiSh, new tires seat covers
motor quiet An attractive and serviceable
car and only Si65 terms Pohanka SerV-
ice 1I0G Goth ST NV Dl gl4l.
Evening star., 1934-07-16

FORD 1898 VS. coupe; rumble seat; ma
room finish with black trim ane wheels;
excellent; clean velour interlors <A9S. with
Triangie's Blue Ribbon Guarantee and
terms Triansls open Air USed-Csr Dis
risv. i7th and Rhode Island ave. ne.
Cpen eveningS.
Evening star., 1934-07-16

FORD 1872 de luxe Tudor sedan; almost
new. Only SlO7 down, bal by month.
Nolan. IN Eighteenth ST. NV
Evening star., 1934-08-16

back q dividend which win be used
to pay of his mortgage several years
in advance Of the stated time.
As q particular inducement to Gre
ate confidence in the system. any
debentures issued In satisfaction OF
insurance on mortgages which were
insured before July /. 1887. will carry
Government guarantee as to prin-
cipal and interest.
Secures Good Terms.
BY thus purchasing an insurance
protection Of this type for his lender.
the borrower is able to secure terms
and rates. the value of which, to him,
far exceeds the cost of the insurance.
The mortgage must contain COM
plete amortization provisions which
will extinguish the whole debt and
guarantee that the owner will thus
own his home. debt free, when he has
discharged his end Of the contract,
The periodic payments by the owner
must not be in excess of his reason
able ability TO pay.
The Standardization of the terms of
mortgage on q basis favorable to both
borrowers and lenders through the
medium of mortgage insurance Is not
all of the mortgage program. Pro-
vision must be made to enable funds
to flow into home mortgages with
greater ease. The stability OF the
mortgage market and of real estate
values requires that there always be
enough available credit to care for
legitimate demands for mortgage
money.
To cover this need, the Federal
Housing Administration is empowered
Evening star., 1934-08-16

housing administrator. This means
that a bank, building and loan asso-
citation or other responsible institution
may bring q long-term amortized
home mortgage to US and, If it meets
certain conditions laid down in the
act and certain conditions of our own
which we are now preparing. we shall
insure it. Then If the owner of the
house becomes unable to keep up his
payments. or willfully defaults, the
bank or other lender may turn over
to us its claims against the property.
In return, the lender will receive q
debenture for the full amount of
principal due on the mortgage, plus
certain other items. The debenture
will run three years longer than the
mortgage, and carry an interest res
of 8 per cent. The holders of insured
mortgages thus receive q very sub
stantial protection.
One of the first questions that may
come to your mind is, who pays for
the protection?"
On each insured mortgage the home
owner will be required to add to his
monthly payment for interest and
amortization q small charge or pre-
MUM, amounting yearly to not less
than II nor more than / per cent
Of the face amount of his mort
sage. These premiums will be paid
in to q mutual insurance fund, to-
gether with the premiums paid by
the owners of other homes where the
same degree Of risk occurs. As in
all mutual insurance, the rates must
be high enough to cover all possible
losses. Hence the home owners under
ordinary conditions should receive
Evening star., 1934-08-16

to charter and regulate q new type
Of mortgage association or company.
These mortgage banks are also not
new or experimental. They are de-
signed out out of the composite expert
ence of many other countries. Ac-
cording to the act, each one created
must have at least 81, 900 900 OF pri-
vately subscribed and paid in capital
in order to start business.
They viii be under our close super
vision. and their bonds. notes and
debentures, fully backed insured home
mortgages, cash, and Government
securities. will furnish an ideal form
Of investment where safety of income
and principal is essential. Such q Sc
curity is constantly demanded by
Evening star., 1934-08-16

sets forth only the framework within
which the program must function.
Much careful preparation is necessary
before we shall be able to complete
the many details Of this long-range
program.
Although Il Is less than seven weeks
since our organization was authorized.
and less than four weeks since we
were able to move into our quarters
in the new Post once Department
Building in Washington, you want to
know what We have accomplished. We
have set up our organization TO In
sure modernization loans. This Is now
In operation. During the past week
our rules and regulations have been
CONTINUED on Eleventh PaEe)
Evening star., 1934-08-16

Our objective can be attained. Our
program will be no experiment.
Great Britain affords us a good ex-
ample Of what can be done. Since
1929 that country has constructed ap-
proximately 2,50o, 900 homes, and this
year will construct between 100000
and 100000 homes. Contrast this
experience with a drop of 90 per
cent in our own home-building activ-
ity. In the year 1888, less than
so 900 houses were constructed, and
the rate is even less this year. This,
notwithstanding the fact that we have
a population three times that of Great
Britain.
Title II of the act creates system
of mutual insurance for home mort
cages to be set up by the Federal