davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
PpINcE GEORGES coUNTY


ADELPHI HILLS. afO3 Ruatan g..
5000 dn., assume FHA i0an--Ran-
bier 3 bedrms 2 baths, full bsrt
rec rm. bar elec kit co 5-s2aa
BELTsvILLE--Dream rambler, q
year-oid brick home. new-homf
eondi 2 bedrms = baths, i'm
mense ser porch. lgf iot. trees
4 KEssIHGER 4 CO. ~. r.
CHEvERLY FOREsT--cone and BE-
entranced with this eye-thriiiinK
new nriek rambler Z tain sire
bedrns l f004ft living space on
one level not inclgdinR fuli day.
iaht rFmt mercury witches and
go flec aeryief plus many other
Newiv listed Tor only SO S5a THr
PERRY BOWEL CO, WA =
f5nn.
CHlLLUM - Real sye-eatfhins and
70 hyabls Gracious spisndoF j. M
keynote OF this lovely s-fm brick
Colonial With extras galore Lovely
nsni and level landtcaped iof
Really doiied up. fof only sis.150.
and near al schools shopping 40
tfAnsp I'M PERRY BOSWELL
co WA 7.4S0u
COLLEGg PARK PKOPER, ssh
0uiford "a :. H-rm. hOme, Nfl no
WINSTON G CLAY. VA, 7-fe1s
a.bsdfr ns1iy dee.
ofased semiiet briff fasY terms
Alsens appfoximatfiy $1,000 fe.
OIL ioan pr estaiit eau JOHN I
shkLToN' Esaiiof. 20. $1,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
UPPER NORTHWEST
BEAUTIFUL CORNER

COLORED-$595 DOWN
2 BATHS, REC. ROOM
1921 7th-sT. N.W.--o-rm row
Drick home, In excel. cond.: concrete
porch. alum. storm windows. oil
h.-W.h.: fenced yard: rec. rni. or
bsr,t. apt; only S13.95O. $1IO mo.
STONE & MARCELLINO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
Lake
Bancroft
AREA

With a low down payment, you
can move right into this spick-and-
span brick beauty, on Q huge wooded
lot, and Assume q CT loan with pay-
ments Of only $111.50 per month.
includes everything. Full basement,
4 big bedrms.. . full tiled baths,
separate dining room. breakfast
area In equipped kitchen: within 2
an attractive and handy residential
section; S20.45c. and shown By
APPOINTMENT only.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
Spanish
VILLA

With. one of N. Arlington's most
popular and convenient settings
lLorcom lane) and boasting a beau
tifully Handicapped Georgetown Car
den Spot deekcd With colorfui
flowers and tall shade trees. this
authentic. "charm-packed" creation
should head your inspection list.
ing room with fireplace, huge formal
dining room, equipped kitchen with
dishwasher and disposal, 3 diversified
bedrooms, glass-enclosed den, full
bsmt., attached carport and loads
OF extra appointments. including
wall-to-wall carpeting and custom
II ef Condition rOO ne U anS
thing small is the price. A very
tirst offering at only S20.150, OF
Arthur L. Walters, Inc.
"PERsoNALIzED SERVICE"
bO4 N. RANDOLPH AT GLEBB
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28

OBVIOUSLY DIFFERENT split.ieye
den). 2 full baths. for only SCI, $50
The living room is delishtful ant
the Kitchen is a woman's dream
Yesl 1t has a separate dining room
too, also finished recreation room
and carport Beautiful tree-studdec
lot. REPEAT. FULL PRICE ONLY
$21.750 Further details BY caliinI
ia. 7-90g0. REAL ESTATE SERV.
ICE, INC. 2222 N. Glebe I'd. (of
Lee hwy. Open 90.
PERFECTION in fashionable Mclean
neighborhood supreme for this out.
standing fanch-type home. Early
American recessed entrance TO spa
cious center. hall. magnificent re.
with sweeping window wall AFFORD
ing panoramic view of lovely wood.
ed glen; separate dining room ant
House Beautiful" kitchen. com.
uletelg private 3-bedroom sleeping
wing is serviced by 2 colorful tiled
baths and abundance Of closets
short stairway with colorful wal
murals to lower level containing
nd picture-windowed living room
bath and preparation. made fol
maids quarters. Truly an out
standing offering for the most dis
eliminating buyer at sal 800. Cal
ia. 10000. REAL ESTATE 6ERV.
ICE INC. 2222 N. olebe (off Lex
hwy. Open 90.
FLASH! ASSUME SIS,75O CT az
LOAN--Modern brick rambler: Z
bedrooms. de luxe kitchen, full
basement. less than q year old: In
spotless condition; Priced At $50, 500
with terms to suit you This charm.
ing house Is an exceptional buy or
DITIONED. Only minutes to Pent-
agon or d. c. Call for appointment
to see today. IA. 5-6SO0,. SHANNON
y LUGHS CO., 2O56 Wilson blvd,
I BEDRMS., 2ls BATHS. Beautiful
brick Cape Cod in fine Falls Church
residential area; liv. rm, witt
t1repl.. sep. din. rm.,. de luxe kit
incl brssk,. dtsnwssser disposal p;sSI anf
81 or FLA financing. Shown 5,
apt. THE DARBY Co. ia. b-9393
BRILLIANT, MODERN, S25,95O, II
Mclean. Virginia's most popular
estate home area--Imposing new
custom brick rambler features cen.
ter hall, 3 master bedrooms, Z
cleaning tiled baths. spacious liv.
ing room with striking Colonial fire.
place. traditional dining room, huge
gadget-packed kitchen; drive in
lear garage: very large rec. area
with End fireplace and prepared fol
:ird bath. Immediate occupancy
DINE AT HOME THIS NEW YEARS
Call ia. 10000. REAL ESTATE
SERVICE, INC. 1922 N. Glebe (ofl
Lee hwVb, ODen 80
s5-FT. BRICK RAMBLER, brand
new, and truly one Of a kind
rm., cost all-eiectric Kitchen.
bedrms,. baths, huge recr. rm. II
full. basement, carport; l4Ox16(
level corner lot: ID minutes from
Pentagon; reduced to 1880.
CROWELL a. CO.. INC.
l2l0O N. Glebe Rd ia. h-070I
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
ASSUME
$4,000 CT Loan

with moS % era ts, down i payment end
rent. Here is an attractive, l-year-
AIR. coNDITioNED. with ftiii II ta
ment. 3 big bedrms. with huge
closets, brick fireplace wall in living
rm., separate. dining rm, with French
doors. huge de luxe equipped Kitchen
witt breakfast area and many
luxury extras. An extremely con-
yenient location, close to everything;
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
BETHESDA-$24,O 900
NEW SPLIT-LEVEL

Step up to 4 bedrooms and
ground rec. rm., half bath and un.
finished den, large kit. with natural
wood cabinets, dishwasher and dis
posal also separate dining room
schools and bus. W. B. WRIGHT
EM Q-ERnO iii n
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
HOUSES FOR sALE-MD.
MONTGOMERY COUNTY

BETHESDA. pevonshire area--Beau.
tliui, new. 9-bedroom. e-bAth
spiit-level ramblers LARGE lots.
cleo. kit best construction: enor.
nous closet space f4.Q5n down
~ y 1880 ewes. 10 A-4sDO
BETHEsDA--pelightfui rambler on
leyel lot, : bedrms large equip
Kitchen, full bsmt $50 800 A 4
FISANf, Realtors. OIL $4,000. ewes
Mt Wfieht, OIL 2-55fO
BETHESDA, English vlllase--b-bed
rm-, 3-bath brick ranehef. priced
~ the sos LARGE wooded lot
Huge game room With stichsrette
nreplfce and bar g-rAr Karase
eau SHANNON 4 LUcHS co
KE 7-ls00,
BETHEsDA-Whsfe can YOU get
larae bedrooms . batha. electric
kitchen, basement IN q nrlck Eptit
level IN an excellent neignborfssr
for A. little A. - OO0 down IA
qqAltned pyfchasertY We have hi
KCRzKNrORPER Real,or of. 4.
BETHEsDA--LarEe Colonial. saiii
1913 Thrss tedrmI.. 2 hairs
powder I'm. porch. fafafe. eve
ioi mr. Bradley srhool 100 psizh
BoQkYA Of s.7sOo. sseS- OIL
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
COLORED
1901 H ST. NE.
SD Q50


CORNER HOUSE-VACANT
SUITABLE FOR DIR. OR DENTIST
IN FACT ANYONE
z rms. master bedrm. 1Sx1S)
House wired for air conditioning
storm windows, lots of shrubbery
stone wall and iron fence around
entire lge. yd.: lear garage; oil
heat. AID. 4-0383.
DOWN
Win buy any Of these vacant
modern Colonial Groom brick homes
All In excellent condition:
l4th and Spring road. NV.
4th and Meridian place NV.
9TH and Hamilton SITS. NV.
300 block Bryant st. ne.
24O0 blk. Both ST. ne. (det. cofnerl
Bargain priced. with low mo. payt
CAL till 9 pm. NE. 6-6575. RA. g.
0lDO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
FIRST
"OffnrinC"

MODERN sPLIT-LEvEIs. Four
bedrooms. full baths, 2 fireplaees,
finished recreation rooms, attached
carports. fiagstone patios. many
other extras: OF approved, 4h%
30-YEAR CT LOANS; quick posses-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
80 CoLoRED-VAcANT
1926 INGRAHAM NV.
LIVE WITH THE ELITE
S BEDRMS., 2 BATHS

See this sparkling semidet. brick
home which has jast been completely
rs edss;; CenteT-hall plan; has ist-tiooI
SS n;I, y hne den, firepl; in liv. rm,
ice. rms. Full bsmt. = with eas
h.-w.h. Beautiful I'd. with 2-car det
gar. Priced extremely low at Sl7'.
9oO.. Out-of-town owner will accept
very low down payment If YOU
nave good credit. Don't wait. SEE
tnl6 mouse soon. Call til O nm
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28
BREN-MAR PARK. Pairiax Coiinl

BRENNAN PARK, Fairfax County.
Va. at Shirley highway - rac.
tically new brick split-level with
3 bedrooms. "a baths, kitchen fully
equipped with refrigerator. eye
level ovens disposal: finished family
room and "a bath in basement: I'M
@ontS M G%sosaaezafREfy Really I49 d Rsr
INC; Days, ME. S-6055: ewes. ~.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28

VACANT! - Large A.
bedrm.. 2-bath home; recreation
rm.: h.-w.h.: ls-acre lot: fenced
rear yard: excellent neiehborhood;
S2OO mo. year or more lease.
OWNER. EV. 4-910l.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28

95O-Immac. red brick Colonia
IN popular Woodmoor area; living
rm. with firepl, din. rm., nice kit.
SCI; porch on LIST A.; 3 bedrms
bsmt.; ise. fenced lot FRANZ ui 3
PHILLIPS. OIL. 2-70O6; ewes, OIL
6-SO1b.
SILVER SPRING = owner transf.
Assume CT loan: $1,000 above. Lee
brick rambler: 3 bedrms.. de luxe
ALLEN, REALToR. RA. ss3sss Bras
SPRINGFTELD-New spiit-level. Five
Denrooms Zone paneled as deul,
2ms baths. full center hall, fabulous
aIl-eleci kit. lovely paneled rec.
rm. with fireplace. big screened
trolled neiehborhood between Ken
wood and Sumner; high elevation:
public and parochial schools.
FRANK 8. PHILLIPS, DI. 7-t411:
ewes. Ell 6-364S.
WHEATON. l2026 Bluhill I'd
story semidet.: 3 bedrms.. bath; gas
h.w.h.: cow sehls.. etc. CO. 6-s293.
$40 95O-You'll be amazed at thi,
home Three lge, bedrms., . baths
tremendous living room. full base.
ment and finished recr. rm; very
convenient. GRAHAM q co. Ju
5-6550. . It'll ..
FOUR-BEDROOM RAMBLER-Fuil
7 bsmt.,- ~ baths and living rm
with fireplace. on a large level ioi
with trees convenient location;
Sl6.g50. GRAHAM a. CO.. JU
CAN YOU RECOGNIZE a bargainf
! This 36-ft. Cape Cod has a sep
din; rm.. Ice. kit. 2 bedrms and
bath on LIST hr; . bedrms. and
bath on end fr; full bsml. Price
SINGER; SINGER 4 Se co.. 81 q. sAAisiii. KEs'
IA BEAUTIFUL FAMILY ROOM
across entire rear Of this 3-bedrm
all-hrick home in Woodmoor, Va
cant, in perfect condition and readJ
transp.. and shopping. A very larfs
GRAHAM q CO. i 10 's.SS6io'' ''''
RAMBLER--Unusually clean HON.
featuring large llyins dining comb
Kitchen with table space. 2 well
/ proportioned bedrooms ana bath
rec. room. outside entrance beau
tiful lot. sta.nb0 WOOD CO.
Realtors. 10 4-7200
MODERN LARGE BRICK COLONIAL
on i-sere corner lot. fastest grow.
ing area Of Montgomery Co idea
doctor. dentist. professional HON,
and once Large living room. din.
ms room. modern kitchen. utilitl
room. study. solarium. bath. w.
tow. broadloom 1st floor; enc
floor. bedrooms. bath anc
nursery around floor. J-room apart.
ment with outside entrance. lare'
rec room or once. tvo-car sarage
dark room and furnace room. Pro,
vision for swimming pool 10000
or best ofier. ~. 5-e0a7 for ap.
pointment 70 inspect.
C0LONIAL--charming home, festur
/ ms spacious living room With are
planned kitchen, side porch. bsmt
storm windows and doors ! biocl
OF transportation Price &i5.g5O
WOOD COMPANY. ili5s Oeorkii
ave 10 4.T2O0.
500 DOWN 20 non-vet OF Vet--Rock
vile rambler bsdfms,. large cor
Ter lot vacant no red tape BAL.
anee t7p no. PARKstDE REALTY
uN 4-egqO. ewes W s-33tO
IA Luxury HOME. deSiGned io
thois that appfeciate ne bette
thinGs IN livinE accpmmodationl
and surroundlnGs Three lara
bsdrms den. % baths entTanc'
foyer. LARGE iiylne I'm iul dininl
I'm. eiectfic kitehen benutifuili
] hniHhec recreation I'm uit1 mir,
; fofed gah Eaf hot.vatff heat
iot f0xi30. IN Woodmoof. yaiklD1
Z distance 70 both public and pare.
] chat schools and churches FREED
I oelou ouneFf cost for cuick sale
GRAHAM 4 CO. ~. $500. Oyer
eveninaI.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28

kENT AREA; SIS. $50: surrounded
Cow much sE I nh h1iSher-prics6 homes
rm. with stone iirepL, ige. din. m,
spacious. kit. full bsmt., Q bedrms
and bath on End; wooded lot. See.
ing is believingl Show by amt
Only; 3 a.m.-9 pm. EN-. 2-740O
NEITHER REALTOR BUILDERS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28

SHEPHERD PARK near Walter Reed
Excellent brick home; gas heat.
slate roof. center hall. liv. rm., din.
rm., kit. breakfast rm.. rear
screened porch: End d., 3 bedrms.
baths: finished Ord A.; rec. rm.,
maids room. 2-car brick garage.
S24,750. BILLINGSLEY REALTY
co. EN-. 2-2326. Ewes, MRS. Nc
FALL, EN-. 3-2S71.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28

CHEVY CHASE, D. C.--Prepare fol
ummer-3-bedrm.. 3-bafh hrict
Colonial with rear screened porch
facing forest Of trees for cool sum.
mer days. Inspect and check man,
attractive features. Priced S27. 900
owner will accept any reason Ali,
financing. Exclusive with SAMUEL
BOGLEY OF MD, INC. 1671
wisconsin ave, AID. 4-0og0
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28

ROCKVILLE, Maryvaie-2 bedrms
like new; fenced yard. fruit trees
near public and parochial elem.
schools: $500, AZ loan can be
assumed. Pc. 2-4437 ewes. bet.
z and 8.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-12-28

KENT..Beautiful. big, 3-6edrm.. Q
patn Prick rambler. in exclusive
controlled Kent. Ground-level rec
I'm rm: with fireplace; l yr. old and
Az LIST trust. FRANK s. PHIL.
LIPS. DI. 7.l4l1: ewes. FL. R-3fi4R
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1956-08-18

ahead. Il has been estimated that
by 1875 we will have II. O00. 900
citizens IS years old or over.
But there Il evidence Of undue
pessimism" about the problems Of
the aged, according 10 Foundation
president George Bugbec. A re-
cent study by the Twentieth Gen.
fury Fund, he ssid. shows that
while In 1890 every 100 workers
supported 142 dependents. by 1878
II u estimated that every 100
workers will be supporting no
more than Ia 10 i2s dependents.
And since the over-eS citizens
share In the ever-growing ma
tional prosperity. Mr.. Bugbes
added, "ths financing Of non-pro-
ductivs years after age 65 should
becoms lee and less an economic
burden 70 the nat1on"
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1956-08-18

Ecpoft Hom kh1niLt hAofhthnboh
Foundation.
Marked declines In mortality
rates, coupled with q lower birth
rate and reduced immigration Of
young adults have resulted In
slightly more than q four fold In
crease since the turn of the cen
tury--from 3 million TO over II
million---in the number Of Amer
leans over IS. During this same
period, the population as a whole
has doubled.
On q percentage basis, Q percent
OF all us. citizens today are past
IS. compared with 4 percent In
1900. as seen In the graph above.
Remarkable advances In medi-
cine. INCLUDING new drugs and
indications, bring promise that
the over-65 age group Will In
crease even more In the years
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1956-08-18

Thiyh~o houond beokio guests ihe
Bottle Creek Mehson held in honor Of the 5o Anniversary OF the
Kellogg Company The by The Bottle Creek Chomber Of
Commerce held in the heor Of The eiy business district 272
obes extended Tor omosi mile oons Michigan Cssbsan
Who served keogg and gorbed 1905
,noee clothes and the songs
esyo Leading windows eovred historical dpoy sseh
depicting the life Of the Kellogg Company The
with umbored proeomno golden
Jubilee
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1956-08-18

HOT HECEpnoN-rhs Dseoaayn podssu' alwaY hus-
aino velsrc jackie nobnseu uSged eat 1t third boss oy
"a Muthsws Of he Druvss Ia he buh nnin0 q recent
oume al Ebsb field nohinsoo attempted to run nom nrss
0QNVSpRESS pHOTo)
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1956-08-18
Over-65 Group Less Dependent
Soys Health Information Foundation

Percent pIssribuslea Of PepuIssies by Age
unItsd Stetss. 1900 cad 1855
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-09-11
Boss & Phelps Elects
Poole Vice President

Boss & Phelps. Inc. today an
nounced Nathan Poole has been
elected a vice president and will
be in charge of its Investment
and Business Property Depart
mentS.
For many years, he has been
engaged in the real estate BUSH
ness and has been active in
other fields. He is secretary and
member of the Board of 1rus-
tees of Gallaudet College, a men,
Der Of the Rotary Club, a former
director of the Washington Real
Estate Board, a member of the
Columbia Country Club and a
member of st. Patrick's Epis-
copal Church.
Mr.. Poole was an officer OF
the American Co., formerly
known as the Federal American
Co. In 1910, he secured his mas
ter's degree in commercial f.
nancing with a distinguished
scholarship reward from the
Benjamin Franklin University
He is a graduate of the American
Institute of Banking.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-09-11
MUTUAL FUNDS

NEW YORK, Sept II UH.-National
Assn. Securities Dealers. Inc
Moon QuotatiOnsl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-09-11
John Thompson
Named Director
Of Trade Board

John w. Thompson. jr.. presi-
dent Of The Evening Star Broad
casting Co. and assistant man
aging editor of The Star. has
been elected as director of the
washington Board of Trade.
Philip M. Talbot. president
of the trade group, also an
nounced the appointment Of
Robert c. Simmons as chairman
of the Board of Trades Audi
forum and Stadium Committee.
Mr.. Simmons is vice presi-
dent and general sales manager
of the government department
of the Johns Manville Sales
Corp.
Mr.. Talbot also announced
that Oliver Lloyd Onion, WASH
ington attorney, will take over
the Craftsmanship of the boards
Armed Forces committee.
Mr.. Thompson will fill the va
cancy created by the resignation
from the board of Victor O..
Schinnerer, second vice presi-
dent. Mr.. Schinnerer will con-
tinue to serve as an officer Of
the board.
Mr.. Thompson, also assistant
secretary of The Evening Star
Newspaper Co., is president of
the Chevy Chase Club; a director
of Emergency Hospital. the D.
C. Society for Crippled Children,
the Presidents Cup Regatta As
ISOLATION and a trustee of Sidwell
Friends School.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-09-11
YOUR
MONEYS WORTH
BY SYLVIA PORTER

blanket the country and be
backed by the magic name of
the United States Government
itself was obvious.
And right through the depres-
sion of the '30s and the catas-
trophic bank failures of that era.
the system continued to make
sense.
But 1856 is hardly 1910 or
1882. AS far back as 1852, the
Comptroller General fatty told
Congress, 1.-THE main purpose
and justification of the Postal
Savings System are no longer
applicable. !"
Liquidation Urged
In April 1858, Treasury Secre-
tary Humphrey told the Senate
that, In the interest of eco
nomy," the system should be
''liquidated." At the same time,
the Postmaster General himself
admitted "the need" for the sys-
tenn "has diminished in recent
years.
In May 1855, the Hoover Com
mission recommended to Con-
gress that it should abolish the
system, give depositors a reason
able period in which to shift into
other forms of savings.
In the last congressional ses-
sion, five bills were introduced
to eliminate this anachronism.
Still, the system goes on. Ig-
norance, laziness of depositors,
the mistaken belief that this is
the best savings system = can
these be the explanations for its
continued life?
No, they are not sufficient. The
real explanation is that the Post
Office makes money" on the
system and doesn't want to see
it die. 1t invests the deposits
it gets in United States Govern
ment securities on which it earns
at least 21a per cent; it pays
interest Of only 2 per cent. It's
annual profit" runs around $6.5
to 81 million.
But this isn't a real profit.
It's an illusion. For it's the
Treasury which is paying the
Post Office the money.
And that means you and 1,
the taxpayers. actually are foot
ing the bill.
It simply makes no sense
from any point of view. A Con-
gress which even pretends it
wants to cut down bureaucracy
ought to get after this obvious
form Of it. and pronto. Action
lis almost embarrassingly overdue.
tcopyright 1856, Hall Syndicate, Tne.l
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-09-11
New Sinclair Gasoline
On Sale Today in Area

T. L. Harrigan, Sinclair Re-
filming Co.'S area manager, an
nounced "the new super-pre-
MUM gasoline that increases
power by eliminating harmful
engine deposits" goes on sale al
dealer stations in this section
today.
1t is called Power-X with x.
Chemical. Mr.. Harrigan said il
marks "a major step forward If
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-09-11
A Silly Way to Save

AS l paid my houSekeeper her
salary the other day. she muir
INJURED. Now I'm off to the Post
Office" When I casually asked
what she was mailing, she said
I'm not mailing anything.
I'm depositing my money. / al
ways deposit my savings there
It's safe"
Which short conversation
brought about this column, for
it reminded me that despite The
fact that the Postal Savings
System is utterly, even ridicu-
lousy outdated now, it still
exists.
And more than 2 million Amer
leans from coast to coast are
still placing 50 billion of savings
in it. These millions are being
financially naive-even silly.
The Postal Savings System
pays no interest on funds until
the money has been on deposit
a year. More than one-fourth of
the deposits are withdrawn with
in so days.
Interest Only 2Tc
Even when interest is paid, the
rate is only 2 per cent. This is
impressively below the interest
rate paid by most savings banks
and savings institutions. United
States Savings Bonds return 8
per cent if held to maturity.
The safety" factor no longer
stands up at all. Since the Gov
ernment now insures individual
bank deposits up to $4,000 and
the average postal saving s
balance is $3.50, the deposit is
just as protected in a bank as
in the Postal Savings System.
Money can be withdrawn as
easily from a bank as from tho
PoStal Savings system A check
ing account would be much
simpler.
And the Post Office doesn't
even offer greater convenience
Today, banks dot every town and
city in the nation. The corner
bank is usually closer then the
Post Office which accepts de-
posts.
Certainly, the system made
sense-once. In 1910. when Con-
gress created the Postal Savings
System, many depositors had an
Intense and understandable fear
of banks. The financial panic OF
1907 had wiped out hundreds OF
banks. Immigrants we're hoard
ing their cash. sending 1t back to
Europe for deposit in Postal
Savings Systems there. The need
for a safe system which would
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-09-11
Hecht's Celebrates
.5th Anniversary Of
Store

Darlington" the Hecht Co. S
Arlington store. this week is
celebrating the fifth anniversary
of its opening.
Representative Broyhill, Re-
publican of Virginia, opened the
week-long event with a cake
cutting cerem ony yesterday
afternoon. Mr.. Broyhill said the
Hecht Co.'S growth during five
years 'has helped to make Ar
lington a better community in
which to live"
Then he sank a silver knife
into an eight foot cake, topped
by five giant candles. Some 49,.
900 pieces of cake, baked in the
Hecht Co. bakery. will be dis.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-09-11

During World War II, Mr..
Poole served as an aide to Rear
Admiral Robert Donohue, chief
of Coast Guard personnel.