davidaulloa/AmericanStories huggingface dataset:
The Wrangell sentinel., 1934-12-21
Continued from Page One)

makes it possible for bank to make a modernization loan to an individual who has not now an in come of five times the amount of what his annual payments would be, but whose prospects for future increase in income are sufficiently good to induce the bank to believe that the credit risk would be a good one."
 The National Housing Act has two objectives, MT. Pegues stated at the meeting. First, to restore many of the unemployed to useful and gainful occupation: second, to produce tangible, useful wealth in the form for which there is a great and economic need.
 The act is divided into three parts.
 The first section of the Act of fers to property owners the oppor- tunity of obtaining loans for mod ernization and repair of from $1OO to $2,000 on terms fair to them and safe for the lender. These loans, repayable in installments in from one to five years are made with private, not public money. The governments contribution is insurance against loss up to 20 percent of the total of all loans a bank or other financial institu tion may make, and provision that in the event of a run or other emergency that may make ready cash necessary, the Federal Hous- ing Administration may discount all loans of this type an institu- tion may have in it's portfolios.
 Small Loss
 All experience shows that the loss on this type of loans is under three percent. The lending insti- tuition, therefore, has more than 100 percent insurance against loss and the liquidity that conservative banking demands.
 Application of the Act required the setting up of an organization
  that must not be too restrictive or abhorrent because of red tape, yet which would not conflict with the laws of the AS states, the District of Columbia, Alaska, and outlying possessions.
 The regulations contain no ele- ment of compulsion or undue inter ference with the proper functions of the banker. He is free to use his own best judgment as to the desirability of a loan, the simple test laid down being that the ap- plicant own the property he wished to repair or modernize, that he be a person of good character, in re- ceipt of a steady income, and of good repute for meeting his obliga- tions.
The Wrangell sentinel., 1934-12-21
Productive Credit

Debt prudently incurred for the repair or the improvement of real property is offset by an equivalent investment in the fullest sense of the word," Pegues o b s rv d :. Moreover, it represents truly pro- ductive credit. This is dOubly true when the repairs and improvements are for the purpose of preventing further deterioration of values; for the income from the eXpendi- ture may properly be counted twice, once in terms of the loss avoided and once in terms either of increased rentals or other none tary returns received or of en- hanced comofrt and heath and personal efficiency of the rome owner and his family. Blu. I when the property is not Haa .t- going serious deterioration is still in a great many cases c = eX- ceedingly sound investment to bor- row money to make improvements.
 "The whole modernization pro gram is designed, through the use of sound principles, to enable busi- ness to help itself, for the benefit of the entire country. Every loan made in furtherance of this pro gram will not only create new jobs but it will make existing jobs more secure. And the greater the number of modernization loans the safer all loans will be.
 "Wrangell has the finest field for improvement of any town in Alaska" was the directors com ment at the close of the meeting ''As soon as a committee is or ganized, somebody-either myself or someone from the Juneau office will be glad to come down and help get things under way"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
LOOKING BACK

NNE of the strangest things about modern
~ America is the fondness everybody seems
to have developed for looking back at the past.
You get samples of this everywhere. 1t
ranges all the way from the collection of an
tiques to the desire to look at photographs of
the pre-Spanish war era.
In one city there was held recently grand
reunion of people who had been public school
mates half century ago. Thousands of them
turned out for an elaborate picnic and sat
about talking over old times And they seemed
to be just about unanimous in the belief that
people had more fun" in the old days.
They talked about sleigh rides in the win
tiers, about oyster stew suppers at farm homes,
about children who bummed free rides on horse
cars, about spelling bees and Sunday school
picnics and the other diversions of the youth
of fifty years ago.
They felt rather sorry for their children and
grandchildren, who have to grow up in the
modern world and miss all those little pleasures
that used to be.
Now this attitude, to repeat, is an extremely
common one nowadays; and it testifles not so
much to an idyllic quality in American life in
the past as to a deep and fundamental dissatis-
faction with the American life of today.
We wouldn't keep looking back over our
shoulders so much if we found the life about
us all that it ought to be. It is the comparison
that makes the past look so attractive.
Somehow the present hasn't lived up to
our expectations; and this is not solely the
fault of the depression, because we had very
bad depressions in those good old days.
To understand it, you have to look at the
whole development of American life in this
century; the nations emergence as a world
power, the spectacular growth of great cities
and great industries, the arrival of the automo-
bile age, and the World war.
All these things held out great promise; and
in no case has the reality been quite as nice as
what we had expected. Life has grown more
eventful perhaps but hardly richer.
Somehow we must readjust our society so
that greater emphasis will be put on purely
human values. We shall be lot happier when
we no longer feel the urge to look wistfully
back at the day before yesterday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
IT'S WORKING

DRESIDENT ROOSEVELT is anxious for a
n vote on the Costigan-Wagner anti-lyncI-
ing bill. The rather far-fetched question of
its constitutionality can be left to the courts
which must pass upon it in any event. It's
workability as a mob deterrent appears to
have been proved even before it's passage.
This measure which would subject coun-
ties and their peace officers to civil and Grim
inal liability for lynchings, was introduced
last January. In 1888 there we're twenty weight
lynchings in the United States Since Janu-
kary there only have been two. Senator Cos
stigan thinks that at least half-score have
been prevented this year by agitation for the
Eanti-lynching bill.
The campaign for the Dyer bill in 1922 had
the same SOLDERING effect on mobs and mob
dominated officials
The Costigan-W Wagner bill should be made
into law. And it ought to be restored to
its original form with federal penalties in
ssvoked against lynchers whether they seize
their victims from peace officers or not
Sentiment both in congress and in the
states seems clearly to favor its enactment
But some of the Democratic leaders are try
ing to rob congress of the right to vote on
this bill.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
A NEW LOW

4 a CTION of the Republican house minority
4 in beating the Lo1er bill to finance an
unemployment census this fall is as cynical a
bit of pettifogging politics as the country has
suffered this season.
Quite frankly house Republican leaders
said they were voting the measure down be-
cause the census would employ 100000 desery-
ing Democrats!
But the Democrats themselves share the
blame. Had certain Democrats not sought to
sdebase the CWA. PWA, Hole and other
emergency services by their porcine patron
age forays, the Republicans would not have
dared such tactics. AS it was, the majority
party could not defend itself with any degree
of conviction
The county-the jobless particularly
suffer. Unfortunately when politicians fall
out, just men do not always get their due.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
HONESTY AND YOUTH

4~HE commencement speaker is abroad in
= the land again these days, and if his task
is a little easier this year than it has been for
some time it is still the kind of job that might
make strong man quail.
In the old days it was fairly simple The
speaker had only to get up and begin telling
the youngsters about the innumerable oppor-
tlnities that we're ahead of them, and how
shard work and honesty would bring their in
sevitable reward.
Il Then, when he saw the younger members
of the class getting restless he could cut it off
sand sit down, contented.
But of late years it has been different.
Opportunities for young graduates have
been anything but innumerable during the last
three or four years. There are plenty of young
men in America today who got their diplomas
four years ago who haven't been able to get
jobs since then-although many of them
needed jobs very badly, since their fathers were
out of work.
Nor have hard work and honesty carried
their usual premiums. It's all very well to
talk about them, but when depression forces
your employer out of business and your job
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
WATER AND LAND POLICY

TT is disappointing, but not surprising, that
u President Roosevelt has to ask congress for
more time to prepare comprehensive plan
for the Improvement and development of the
rivers of the United States" 1t was too big an
order for any administration to fill in four
months, especially this very busy one.
Any plan for wise utilization of our great
rivers must, as the President says, reach out
into the broader problem of land use Also
This embraces such matters as soil erosion, re-
forestration, forest fire prevention, the use of
marginal lands. 1t even touches problems of
stranded communities, resettlement, the adj
justment of industries, taxes, education, home
building and other related subjects
The forthcoming plan should not be a
half-baked one. We have wobbled through $50
years of waste. Any new plan should express
the collective experience and wisdom of the
governments best minds, and it should look
far forward over the years.
Fortunately President Roosevelt needs no
prodding. With him conservation is major
policy, almost passion Through his leader
ship we have advanced the beginnings of the
conservation movement in the CCC, Muscle
Shoals and Columbia Basin. the attack on soil
erosion, the subsistence farms project
He can be counted on to have ready for
action by the next session of congress his
promised rounded policy of national scope"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
URGES CHANGE IN
MESSAGE CENTER
BY w. III. M.

BY W. H. NJ.
Your Message Center could be one
Eliminating spots in the entire paper.
Instead, it has degenerated into CIV
ing an ear to every wall.
Why not cut down on much of the
trash that you carry in the message
column every day and concentrate
upon publishing a few of the, choice
letters?
Once an argument is started in
the column, it goes on day after
day. All possible angles are .ex-
hausted after the first couple of
days, but your readers continue to
flood the column with a rehash of
the argument, until an intelligent
reader verges on stark insanity.
Classic examples of such stupidity
can be found in the manner that
you allowed some of the recent ar
guments to prolong. The Real Silk
strike was fought SO much in your
Message Center that not single
thread in the entire mills was left
uniform by your correspondents.
The discussion over the relative
merits of Kentucky and Indiana
housewives reached the zenith of as
sininity. The points advanced by
some of your readers who tried to
explain Socialism and Communism
to their yawning public" made me
wish to go out and tear my hair.
The rest of your editorial page. in
fact, your whole paper is splendid.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
HOME, SWEET HOME

EMINENT Washingtonians recently placed
~ garlands on the almost forgotten grave
John Howard Payne, who fifty years ago
composed Home, Sweet Home" About the
same day appeared a report from the depart
ment of commerce revealing how wretchedly
humble are many of the homes in this land
today.
The commerce report covers survey Of
the homes in twenty-five of the smaller cities.
The partial survey shows that:
About 81 per cent of the homes have
neither bath tubs nor showers, and nearly 20
per cent have no sanitary toilet facilities:
About az per cent are not equipped with
gas or electricity for cooking. and S5 per cent
have neither gas nor electricity for lighting;
in five cities more than quarter of the homes
are lighted by lamps:
About so per cent have no furnaces or
other central heating, the proportion running
almost as high in the cold northern cities as
in the south;
About rs per cent have no running hot
water facilities.
The administration is trying to persuade
congress to pass the housing bill. 1t would
make home mortgages cheaper, easier and
more secure and open the way to a national
renovating and rebuilding movement.
Such action would be more fitting me-
mortal than floral wreaths to the author OF
Home. Sweet Home"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07

dissolves beneath you, you're left holding the
sack just as if you had been time-server and
a conniver
Of course, things are better now. There is
reason, to hope that they will be even better a
year from now. But the commencement
speaker is still on the spot.
Perhaps his best course would simply be to
go honest and say something like this:
have a lot of crust, addre ing you young
sters, because you, can't help seeing that my
generation just doesn't know how to run the
country decently.
"Some of you will find Jobs, if you're lucky;
the rest will sit around the house and wonder
what it's all about. I don't mind telling you
that I've been wondering the same thing for
several years.
while you're wondering, you might stop to
think that this country is able to raise so
much food that everybody could have all he
wants to eat. It's able to make enough cloth
ing for everybody, enough shoes, enough vac
uum cleaners, enough automobiles, enough
houses, enough of everything you can think of.
There isn't really much excuse for us to
have unemployment and poverty and want.
except our own stupidity.
"If you youngsters can figure out way to
get the wheels turning full speed, the country
will be very grateful to you-if it doesn't put
you in JAIL At any rate, I wish you lots of
luck
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
/ wholly disapproUe of sUhat yom sag and will
defend to the death your right to sag it-Votaire

have won the race and The Times
should keep up its good record by
digging out these facts and telling
the people as it does in all other
things of public interest.
1 haven't. missed a single race
since 1912, but this is my last one
if such craftsmanship is allowed by
the A. A. A. And I am not the only
one. You should have been in Day.
ton yesterday at the opening of
new track when Rose and Bill were
introduced.
Such lack of craftsmanship will
kill one of the best things that In
dianapolis has left in the way of
advertisement.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
UPHOLDS DURAY IN
RACE PROTEST

BY Racing Fan.
I am a HooSier and for all the
native sons, but native son or who
ever, let's be good sports. 1 am
referring to the 5O0-mile race held
May 80, and think Mr.. Duray'S pro-
test should be respected by all true
SportSmen.
I counted six cars that our Wild
Bill Cummings passed during the
time the yellow flag was displayed
on the track and during the time,
in accordance with rules, each
driver was supposed to hold his own
position, but Bill went on, and ]
have heard that seven drivers
signed statements that Bill passed
them during the time the yellow
flag was on the track.
If this is true, Mr.. Rose should
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
THURSDAY, JUNE 7, 1884.
TWO PARTIES
ps-HowARR NEWSPAPER,

< 90 all the talk about hberalizing the Repub-
E ~ Iican party was just talk. In picking new
national chairman they could not have found
a, man closer to Wall Street than Henry
Fletcher of Pennsylvania. He is 100 per cent
Mellonite. In addition to representing the old
crowd, he has record as an able diplomat
of the imperialist school,
Wasn't it somewhat naive for the farm
liberals from the west to suppose that they
could capture the entrenched G. o. P. ma
chine? They never had chance.
We are not so sure that this is bad thing.
There is room in this country for tory
party. provided
- 1. It is intelligent toryism;
e., 2. 1t is opposed by vigorous liberal party,
ii But there is the difficulty. Judging from
the past the Fletcher group can not even offer
senlghtened toryisnn-say of the British CAL
siber. Maybe, however, they will grow unex-
spected brains.
T !. Also it is too early to know whether this
teryism will be opposed by an aggressive lib
eraI party. That, of course, is the Roosevelt
role. But the President does not yet control
his party-far from it. Some of the Demo-
cratic CONGRESSIONAL l6dQeIS, SOle VI GIlS CdUA-
net officers and some of the Farley patronage
brigade, have little more fundamental SYM
spathy with the new deal than has Republican
chairman Fletcher
The fact that Mr.. Roosevelt sits in the
White House has not yet altered the control
of the Democratic party by few eastern city
rings and solid south sectionalists.
They bide their time. If Mr.. Roosevelt's
unprecedented public popularity begins to
wane-as in the course of human events it
may some day-then his real fight with the
conservative Democratic politicians will be no
one handed affair.
Despite the talk of liberalizing the Repub-
lican party, most citizens have understood for
some time that the prospect for hberaliSn1-if
anyways in the Democratic party. And if
the President is not permitted to lead his
party on the liberal road, those who still de-
mand the new deal probably will turn to the
new La Toilette Progressive party or the So
iciaiSts.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
Doubts LudLow Is Real Democrat

G.. Harding and Calvin Coolidge.
Did Mr.. Ludlow vote from 1901
to 1928?
In 1901 Mr.. Ludlow moved to
Washington, D. c., where he and
his family have since continuously
resided. In 1928 Mr.. Ludlow be-
came a candidate for congress on
the Democratic ticket from Mar
ion county. Prior to that time
he never assisted the Democrats
of Marion county in any cam
paign and was in Washington
twelve months each year.
The question, arises, Did he
vote from 1901 to 1922"
When you meet Mr.. Ludlow, ask
him when and where he voted
during that time.
The Democratic party needs a
Democrat and not a mugwump as
as its candidate for senator.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
SOCIALISM DECLARED
ONLY REMEDY

By G. r..
Under the heading Decision
Needed" on the editorial page of
The Times, you make your comment
On the Darrow report. You say we
want a smoother and more efficient
industrial life. You offer the rem
ecy for it. You say we want more
jobs, higher wages, and better
profits and less uncertainty.
Would you care to take the
trouble to explain how you can
bring that about? For when better
profits are made, more uncertainty
is also made. Better profits are the
cause of the world being in the
condition it is now.
Competition must and will wind
up in a monopoly if allowed to run
its course, and the new deal with
the same old deck won't stop indus
trial evolution.
If we are ever to get out of this
mess, competition must give way to
cooperation, which is called in all
the civilized world Socialism.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
HE'S NOT BOTHERED
BY MOTORBOATS

BY Observer.
I, too, am q River Heights citizen,
and it is true that occasionally there
are one or two rather noisy motor
boats on the river, but only for an
hour or two during the afternoon
on Sundays, when everybody is
"whooping it up and having a little
recreation.
I'll wager it is the pleasure those
persons are having at their sport
of cupboard motoring that annoys
River Heights Citizen who recently
complained through the Message
Center, and not the so-called abom-
Unable noises. Have a good time,
boys. You'll find at least one
"squawker" in every community.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
Last Goodbye
BY VIRGINIA KIDWELL

I have said good-by to you before,
Have waved my hand and called
it Smilingly,
My heart was light knew a few
hours more.
Would see you coming safely back
to me,
And I have said good-by to you
with pain,
Have sobbed it in your arms so
tender, strong;
Believing you'd return to me again,
Yet grieving when you had to
leave me long.
Today, again I said good-by to you,
A hopeless, quiet word. more
breathed than spoken;
No wave, no smile, no answer now
from you,
For you are dead. Good-by I said,
heartbroken.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
EXPORT BUSINESS
DUBBED BALONEY

BY Reader.
Business, like charity, should be-
gin at home. If a factory can not
sell its product in its home city
of half million persons, by what
magic does it hope to sell to other
half millions weary miles away?
Export business is mostly baloney.
BY the time I box my product and
spend money to guard against the
ravages of sea water, salt air, tropi-
cal dampness and stevedore ham
ding, I have gone broke, and have
forgotten to show my wares to the
near neighbors. My customer across
the briny deep is so apt to forget
to pay for the favor.
Then we will have a war to keep
the seas safe for shipping. 1t all
makes not even good baloney.
Never mind the tariff, sing high,
sing low. If Miss Opulent wants
Chinese silk in preference to Ameri-
can rayon, care not a boot what
the cost. Let us mind our own
business in our own home town,
then expand and leave out the
skip-stop stuff.
If a foreign manufacturer sells
too cheaply to suit somebody in
America, let the tariff rise. See
if care. We can raise our own
right here in Yankeeland-sho
ships, sealing wax, cabbages, and
kings-even heck now and then.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07

By An Honest, Home Spun Democrat.
When did Louis Ludlow become
a Democrat? Read what he says:
Louis Ludlow is the author of
"Cornf1eld to Press Gallery" pub
lished by w. F. Roberts Company,
Inc, Washington, D. c., in 1924.
In Chapter "a Mr.. Ludlow
wrote:
MANY times a year I am asked
to what political party I belong
and I am obliged to answer,
Now you've got me- Not being
a candidate for office nor expect
ing ever to be one, I run no risk
in being perfectly frank and out
spoken in respect to the diff
culties which beset me when 1 at
tempt to classify myself politi-
cally."
Also read in the same book Mr..
Ludlow's criticism of Woodrow
Wilson and his praise of Warren
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-07
LACKING WATER,
DOGS GO MAD

BY A Subscriber.
Dogs that are famished for wa
ter become crazed and frenzied and
go violently mad. The increased
number of mad dogs under the
present day drought conditions
proves the assertion.
Ordinary pools are dried up and
pet animals do not stray far enough
to find a river. When a dog fam
ishing for water goes mad, he
thereafter at the sight of water goes
into convulsions.
If vessels filled with water we're
placed in every back yard in every
city and in all the country as well,
there would be no danger of hydro
phobia, which starts first with the
thirst crazed dog. The word hydro
(water) phobia (suffering) explains
the real meaning of the term.