davidaulloa/AmericanStories huggingface dataset:
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1958-05-16

how we are going to cut theil
taxes this year."
eyes, but how we going to make
'em believe we won't raise them
higher next year? They know we
have been raising them every
year," said Number Three. How we
going to keep them letters from
getting out into the other COM
munities where valuations have
been raised like hell"
ooh that won't matter much, for
not many of those property
owners can vote. Just about every
body down the Banks are Repub-
llcans and won't vote anyway, and
Kitty Hawk won't vote for any,
body in the courthouse. We can't
lose," said Big Mouth.
Another thing we can do is
flood the county with circulars
along at the last, and can prove
everything said about us amt so,"
said Big Mouth.
eve are now raising money to
print lot of circulars to give
his record from the cradle to the
grave, and we are going to send
it to all the people. We can make
lot of these candidates give us
money, for they will be afraid not
to. We've got too good a thing
here now with all the money we'll
have this year, we just can't think
OF letting it get away from u.s."
Number Three said: at looks a
teeny bit late to do that, when so
much that's been said has come
true"
"You think Roanoke is in the
bag for all of us? asked Number
Three.
"Why not?" asked Big Mouth.
Get Melvin to make another
speech, reminding them how he
got their roads fixed, Oregon Inlet
dredged, their channel deeper, the
beacons put up, and the Croatan
Sound bridge built, and about his
ancestors fighting the Civil War"
Hell, he don't believe all that
said Number three. Gall
he ever done was beg for a toll
bridge while others were trying to
get him to stop talking before he
kept any kind of bridge from be- |!
ing built"
melvin says everything would
be rosy, if it hadn't been for that
damned paper" said Number
two. He claims the people wouldn't
have noticed this new tax business
if the damned paper hadn't pub
Iished so many figures"
melvin is little hard to under
stand at times" said Number
Three. 1.-TWO years ago he was say
ing nobody paid any attention to
in that paper. It's the
same paper and the same people
read it. Must be he's getting
little jittery, and losing his judge
ment."
Folks do say he and some
others lost jot of judgent when
they Matched out the scheme for
the property which is
now making SO much trouble" said
Number Two.
We've got to save Old Nuke"
by all means, said Number One.
He don't give US any trouble"
"We1l send Lawrence down the
Banks Saturday to help him out. |
Maybe we can get him to tell 'em
we'll help Nuke take Glands $685.
900 and split it up with 'em."
Nov hold on" said Number
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1958-05-16
CARD OF THANKS

To the many friends of orr sis
ter, Mrs. Naomi Wescott. who re-
membered her with visits, flowers
cards and other items during her
long illness; and who so aptly ex-
pressed their sympathy and rem
dered aid to us during our period
of bereavement following her
death, we wish to express our
deep appreciation.
THE FAMILY OF
MRS. NAOMI WESCOTT
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1958-05-16
DEAN FEARING HAS PARTY
FOR FRIENDS ON BIRTHDAY

Dean Fearing entertained at
party on her sixth birthday, May
8, at the home of her parents, Mr..
and Mrs. M. K. Fearing, Jr., in
Manteo. Approximately 20 little
friends helped her enjoy the
afternoon. The birthday cake was
in the shape of Teddy Bear and
was served with ice cream nodded
as airplanes, toy boats, cowboys
and Indians.
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1958-05-16
DOCK
Continued from Page 0ne)

Elbow about some stunts % asked
Big Mouth. Lets get Walter Co
hoon to come down and make some
speeches. "You know we are get
ting up a lot of notices to send
out to the right places at the
right time, showing q lot Of people
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1958-05-16
CARD OF THANKS

| wish to thank each and every
one who visited me, sent flowers,
cards and other messages of good
cheer while l was a patient in
Leigh Memorial Hospital.
MRS. IVEY EVANS
The coastland times. [volume] (Mnateo [i.e. Manteo], N.C.) 1947-1959, 1958-05-16
WOODROW EDWARDS SAYS
ri AM GRATEFUL FOR
PROMISES OF SUPPORT"
For Commissioner
From Kennekeef township

have come to me and
pledged their support for
this office am grateful. |
am trying to visit every per-
son can. and those | miss.
| will see after election. |
am confident. if the voters
go to the polls as they now
indicate they will do, | will
win. Let's make this election
worth something to the
people.
| wish to tell you a few
things that | shall advocate
on This Board:
A regular audit of all
county affairs, and TO make
the information available to
all interested persons.
The reading of the
minutes Of the Board, both
before and at The end OF
each meefino. and the list.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29
Folk Arts Role
Told by Historian

important for what they por-
tray. as well as how. Mrs.
Little noted.
Primitiyes have, verified
much about American in
terror decoration--what types
Of carpets and Grapes were
used in early homes and how
walls were stenciled. In one
case. a primitive upheld the
theory that ship covers were
an 18th. not q Goth century
innovation.
Landscapes have proven
valuable in pinpointing the
location and types Of houses
built in the early days Of
American towns and cities.
The primitive artists were
not always unframed. nor
did they always utilize orig
inal material. Recent studies
show they were wont to bor-
row from published material
particularly English publica-
tons.
Designed Interior
Mrs. Little was applauded
by the forum audience for
her work in designing the
interior Of Williamsburg's
newest exhibition building.
which houses the folk art
collection Of Mrs. Abby AID
rich Rockefeller.
Mrs. Rockefeller's interest
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29
MODERN MARRIAGE
Teen-ager Plus Car
Can Spell Trouble

Dealers Association circulated
q Patterson agreement which
has been widely copied.
Have you seen It? You might
try II ON John. II runs as
follows:
I do hereby agree with my
father. man to man, as fol-
lows: That II he will, from
time to time. permit me to
drive the automobile. I do
promise:
l. That knowing. insofar
as the law Is concerned. my
acts In using the car are the
acts Of my father. I will try
to drive 1t as carefully and
cautiously as he does.
2. That ! will not drive 1t
after I have been drinking
any kind Of intoxicating
liquor. and will not permit II
TO be driven by anyone else
who has been drinking any
form OF intoxicating liquor
while the car is In my charge.
3. That fully realize that
the car is not a playthine.
but a machine with power TO
kill and injure. and l will
not try TO show of with It.
4. That ! will not drive II
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29
ny DIR. PAUL PoPENoE

Take the average American
home, put In a mother and
father. then add a teen-age
son and the family car. and
what have you got? Trouble
and plenty Of II.
The r. family is right In
the thick Of things at the
moment. "our son John has
lately turned l6. an age
which entities him to q
drivers license In our State. !"
Mr.. r. writes. He thinks he
should be allowed to drive
our new car.
Some of our friends say
that this would be murder.
DIR. Popenoe. They claim
teen-agers should be kept out
OF automobiles. What do
you think? John is a pretty
responsible boy but he Is
certainly young. I don't like
to see him take the car. but
i don't want TO be unfair.
either"
I think 1t depends on John.
He is entitled to a chance.
II he does as well as you do.
he ought to be allowed reas-
enable use Of the car. Mr.. r.
The Minnesota Automobile
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29
Group Plans Initiation

Beta Chapter OF Phi Delta
Gamma. fraternity for grad
uate women. win hold its in
itiation Of new members on
Saturday at the Hamilton
Hotel at 8 pm. followed by \
banquet.
The guest speaker will be
Sonora de Garcia. wife Of the
Argentine Ambassador 70 the
Organization Of American
States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29

in the sculpture. painting and
metalwork Of native artists
IS years ago stimulated the
popular demand for folk art.
with the result that the
primitive works have become
an important new collecting
field.
Washington registrants at
the forum are: Miss NJ. b.
Austin. Mrs. H. c. Bangs.
Mrs. Frederick J. Cullen. Mrs.
d. p. Gaillard. Mrs. c. s.
Hamilton. Gen. and Mrs. c.
A. Hardigg. Mr.. and Mrs. Z.
d. Merrill. Mrs. II. H. Porter.
Mrs. c. o. Tormoen. Mrs. j.
L. Walsh. Mr.. and Mrs. Will
liam Werble. Mrs. J. c.
Woodle.
Other area residents at
tending are: Mr.. and Mrs.
J. H. Joynt. Mrs. J. F. Nc
Laughlin. jr.. and Mr.. and
Mrs. H. r. Tolley. all Of Alex
andria. and Mr.. and Mrs.
r. w. Turnbull. Of Chevy
Chase. Md.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29

at any time In excess Of the
speed limit specified on any
city street or over so miles an
hour on open highways.
5. That I will slow down
and look both ways at inter-
sections even though ! may
have the right Of way.
8. That Iwill not race with
other cars regardless Of how
much q temptation 1t might
be TO do so.
Z. That ! will not attempt
TO drive II I feel sleepy.
8. That will obey all
signs, yellow lines. signal
lights and other traffic regu-
lations.
Any boy or girl should
realize that violations Of such
common-sense requirements
will jeopardize the parent.
the car and the insurance.
But violations Of these
rules on your part wouldn't
be helpful either. Mr.. F. How
about It? Are you setting
John a good example?
II he's the right kind OF
boy. he may not need such
rules. II he's the wrong kind
of boy. no rules viii save him.
1t all depends very largely
on what kind of an example
you have set during the past
is years as a driver-and as
q father.
Are you willing to stand or
fall on your record. Mr.. r.?
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29
BY GEORGE FLYNN
star star Writer

WILLIAMSBURG. Jan. 20.
The 10th annual Williams
burg Antiques Forum has 81
Washington area collectors
among the nearly 800 regis
trants settling down TO 0
week of lectures on What's
New In Antiques"
Recent discoveries in the
research field. new scientific
techniques and new apprais-
ais of traditional standards
such themes will highlight
the forum series.
In an opening day talk
Mrs. Nina Fletcher Little.
art historian of Brookline.
Mass. called attention to the
increasing regard for folk art
Of the 18th and 18th Century
as historical and social docu-
ments.
American primieives. whose
value as art Is disputed by
many. are proving q rich
source Of material for throw
ing light on the life and
times Of our ancestors.
Informative Works
Because the unframed ar
fists were so literal In their
drawings. their works are
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29

oRTSWEAR-domnio,cn and Cherry Chase
1895 to l4o5 Lombswoo Sweaters, puovers and
cordioons 6.SS ond 1888
1926 to 1895 Cashmere Sweaters. dark ond posteI
shodes l4.Ss ond 1888
l4o5 to 22e5 Tweed and Solid Tone Wool Skirts.
1888 and 1888
SIS to SIS one-Pece Knitted Dresses
1888 to 34.ss
1875 to S45 Sports Dresses, wool Jersey. Dooron
and royon. 1888 to z4.SS
4ee5 to 49, IS Sports Suits and Sports Coots
z4.ss to 1888
1875 Fomous Nome ViyeIIo Shirts washable blend
OF imported wool ord Eeyption cotton io.ss
SIS Wool Jersey CoveroIIs lass
6e5 TO l4e5 Bouses, wool Jersey. cotton
zss to s.ss
s95 to 1875 Royon Velvet or Toffeta Skirts
5.sS and 1888
ccESSoRIEs-dorntorn and Cherry Chase
SIS Golf or Wool Broodcoth Handbags.
TBS to $40 plus tax
se5 to 1895 Nylon Tricot Gowns SOS to s.9s
8o5 Nylon Trcot Petticoots. 595
s95 Nyon Tricot Gowns. 5.S5
1875 Nylon Tricot Gowns. SS5
NEUTRALITY-SUSPICIOUS. and Cherry Chase
l2e5 to SOS New Season Felt Hots. SsS
cORSETRY-domntom only
S. Stropess Bros, black white. 329
1850 Long High Waist Girdles. 1929
8o5 Boned Front Grdes. $40
1850 Long Line StropIess Bros, D-cups only. $50
se5 Front Hook SSopless Bros. $50
81 and SIS Foam Rubber Podded Bros z.Ss ard 3.Ss
So Cotton and NyIon Bros l.Se
$50 and $40 Long Line Stropess Bros. 4.s9
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29

DRESSES-downfo,cn only
22e5 to 70 IS Misses and Junior Street and cosuoI
Dresses SIG
SIS and 80 o5 Misses and Junior Street ond After
noon Dresses S24 and SIS
1895 to 1926 Misses Designer Dresses, some
Mountoins Homes and Esenbero Originals S34
o9.e5 TO SIS Misses Designer Dresses, some Eisen-
berg Originals S44 and S4s
$85 and 80 Misses Designer Dresses. Ss4
DRESSES-Chery Chase only
22e5 to 1895 Misses and Junior Dresses, street
and afternoon sic
CoATS-SUlTS-downtow and Chevy Chase
1895 Wool Tweed Coots, opoco lined, "a length,
S4S
Sl55 Enioer Imported Cashmere Coots. Slis
1895 Stroock Wool Tweed or Solicitor Woods, S66
1895 Fur Trimmed Suit. SIS
1895 Tweed or Solid Tone Coots $6S
SIPS ond 20 o5 Forstmonn's Moneo Wool Coots.
SIS
6o75 and SIS Tweed, FIonnel or Novelty We've
Wool Suits S4S
SIS Hart Schoffner Marx Suits. discontinued STYLES.
toll only $48
1915 and 500 Fur-Trinned Wool Suits. SIS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29

HIIE EVENING STAR Washington D. c. ." BIS
WEDNESDAY, JANUARY -. 1855
cRANKLlN siMoN WASHINGTON Akp VIRGINIA
Washington Store open Thursday,
$50 o.m. to 9 pm.
Seuen Corners, Va. Store open Thursday
$50 o.m. to $50 pm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29

COATS AND SUITS-dountoiU only
6e75 TO 1915 Irons Season coots, Novelty or
bosket-weove WOOL S48
Sl35 Cashmere Coots. full or "a length SSS
1895 Fur Trimmed Wool Coots. Sis
1895 Forstnonn's "Fleurs de Lys" Wool Coot
$io9
Sl25 Bernhard Altmonn 1000 Cashmere Coots
$50
$2l5 Fur Trimmed Wool coots $i6S
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-29
Informative Works

Because the unframed ar
fists were so literal In their
drawings. their works are
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-05-18
Virginia League
To Open Session
At Shorehum

Government officials and
leaders in the savings and loan
industry viii address the 35th
annual convention Of the Vir-
ginia Savings. Building and
Loan League at the Shoreham
Hotel next Thursday through
Saturday.
John p. Balster. secretary
manager OF the First Federal
Savings and Loan Association
OF Arlington and this years
president Of the Virginia league,
will greet members at a recep-
ton Thursday night.
Chairman Albert Robertson
of the Federal Home Loan
Bank Board will address a Fri
day luncheon and with fellow
board members. William Halla-
han and Ira Dixon. will answer
questions Of league members,
The annual business meeting
and election. will be held Fri
day afternoon.
Joseph Holzka. president Of
the United States Savings and
Loan League, and w. Evans
Buchanan, vice president Of
the National Association of
Home Builders, will be among
the Saturday morning speak
ers. Stephen Slipher. vice
president Of the United States
League in charge Of the WASH
ington office. will moderate a
panel discussion Saturday aft
ernoon.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-05-18
YOUR
MONEYS WORTH
~ SYLVIA PORTER
Housing Gets More Than Cab
~ SYLVIA PORTER

the interest limit up. the VA
mortgage market is reviving.
The homebuyer pays the extra
"a per cent-but he gets the
mortgage.
go Given up the hopeless
effort to curb charges on FILA
and VA mortgages through
discount controls. The controls,
put into effect last August,
turned out to be absolutely un-
workable.
90 Freed 81 billion to the
Federal National Mortgage As
ISOLATION to permit it to buy
government-insured mortgages
in amounts up to $13,500.
Cd Released another 1925
million for FNMA purchases
of mortgages on urban renewal
housing, military housing and
housing for the aged.
All of this has come within
a few weeks. mind you-the
elimination and reduction of
down payments, creation Of
vast new pools Of mortgage
money, abolition of unavoidable
controls. aggressive easing Of
credit.
The result is that the hous-
ing market is opening up and
building of new homes again
is heading toward and prob
ably through the 1000, 000-a-
year mark.
The result is that construc-
ton of houses in the shame
fully neglected low-priced
range is expanding and the
seemingly doomed VA housing
program has a new lease on
life.
The result is that millions
Of Americans indirectly as well
as directly connected with the
housing industry will benefit,
and our entire economy will
get some needed, sturdy slim
ulation.
To the housing industry,
government has given more
than CAB. 1t is recovering &C
cordingly. Surely, the Admin
istration can't miss the i'm
plication?
distributed 1858 by The Hall syndi-
| cate, Inc. All Rights ReservedD
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-05-18
NEW YORK BANKS
DIVIDENDS

NEW YORK, May II B.--Dividends
announced;
Reduced
Pc Stk. OF Pay
Rate. rtod record able.
Park Chemical - &c - 7-31 S-l5
Pickle CT q Min &c 5-3l $50
Omitted
Copperweld Steel.
Deferred
Holly Stores.
Unit Aircr Pr FAC go 6-23
Old Town Cp Of loo Gle $50
Irregular
Keystone c P B-i 4ec 5-31 e-160
Do K-2 - 10c 5-3l B-l5
Increased
Lawyers Title Ins &c Sc $50
Regular
Nat Shirt Shops .Oc @ 5-2o 5-3I
Shoe Corp Am CSC SEQ h-l4
Prd 15c Q Ga 6-la
Kennecott Cop 81 so Q 5.29 6-23
Muskogee Co soc @ h-2p 6-12
PEP BOYS, n NJ J-i5c e-i2 0-25
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-05-18
ADVERTISEMENT
|" found" $4,000
ON MY WAY
TO The OFFICE
ADVERTISEMENT
BY a Wall Street Journal
Subscriber

I am a commuter. / spend nearly
two hours a day riding to and
from my Office. En- route / used
to read the comics and do cross
word puzzles.
One day q prosperous-looking
man left a copy Of The Wall
Street Journal beside me. ! picked
it up. l expected dull reading.
Imagine my surprise when !
found some Of the most interest
ing articles l ever read. ! saw
right away that here was a news
paper that would help me earn
more money. l sent for a sub
scription. / started reading The
Journal regularly. In a little less
than a year l added $4,000 to my
income. That's why / say !
"found" $4,000 on my way to the
Office. Instead Of doing crossword
puzzles, / read The Wall Street
Journal. This wonderful news
paper has helped me solve a big
ger puzzle; namely, how to get
ahead in business.
This story is typical. Because
the reports in The Wall Street
Journal come to you daily, you
get quick warning of new trends
affecting your income. You get
facts in time to protect your in
terests or seize a profit. The Jour-
nal is a wonderful aid to owners
of small business concerns and to
salaried men making $1,000 to
$4,000 a year.
The Wall Street Journal is the
complete business DAILY. Has
largest staff Of writers on BUSH
ness and finance. The only bust
ness paper served by all four big
press associations. It costs 500 q
year, but you can get a Trial
Subscription for three months
for Sc. Just tear out this ad and
attach check for Sc and mail. Or
tell us to bill you. Address: The
Wall Street Journal, "A Broad
St., New York 4, NY. ws-s-ls
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-05-18
BALTIMORE
LIVESTOCK

BALTIMORE. May ~ N tuaDAl.--
Cattle and calves; Receipts about the
zane a. last week but "a per cent
under corresponding period last year,
supply for week made No Of Approxi-
mately b5-60 per cent fed steers, rs
per cent ttocker and feeder steers ball
anee mostly cows. demand sood on all
classes a. close Of week particularly
on cows and bulls TRADING active
eariy SLOW late In week: compared
last Thursday fed steers closed 20
cents higher, Instances so cents up
fed hsiiers very scarce. fully SO cents
higher with leaa than 100 head Of
Tered durina week utility and com.
lower. tanners and cutters fully 30
cents lower with instanees 7p.l.00
on bulls closed fully 80 cents lower;
yealera sold strone 70 mostly 90
STEADY. IN sioains trade bulk ei6- iiSi
steers sold from e7.5O-3O. OO with 40
head ile1 10 average choice q 80 90,
.n y 'i isis and z s Sssa 'e ssS:
GOs,lyr 5000 900 fed hsiisr. ipslsdlns few
low choice % az a so-s 90 y. hss go sgs
10. 0noiCe -NsVus SNORT ioNu 20. 10
S %Ss tSsS SfSsH s s s sAS sS
commercial cows closed aOOO-gg IS
with few hleh commercial and stand
ard .2,.5-23 30, tanners and cutters
bulked l7.QO,2O 90, ight Gamers down
bulls brought 23.50-25 so Monday with
few head e6.OO-26.b0. few head GOOD
beef bulls "a ,b0-75, closing bulk utility
snd oommereial 23,0v-xo.Og. With over
a as q ggPy '' v,. In 5 a a hands 49,
mostly 50 90 and down, good grade
30 00-34 90, standard 20.00-30,O0 on
Thursday; I lot 1000 u, medium and
good feeder steers sold 2s.lO, siEable
stoeker steers 20 o0-S0 90. on Monday
half 'oad 200 ID good TO choice feeder
medium and good 20 so, about 8 loads
s sSees s.ers - n S S TO- @H oss SsEfs
rood 20 O0-3l 90. 2 small lots 375-l5s
ID. good stock steer calves sold at 80 90.
Hogs-=Reeeipts about the same rs
last week but rs per cent, under a
ana r ats eIosea ! s6.ss hiS d G.', lows
n CLOSING sdn'' trade S sSP mixed o.
and 3 10000 H. butchers sold
RHfss' ps hSs 10 1 Ssad d sq 5I.s ss:s
s406. "a head lot Nos. and 3 e5l
-; garbaRe fed butchers $780, small
sheep-Demand poor this week, bulk
supply was 60-93 10, good and choice
spring SLAUGHTER lambs sold ct "a 90
$500 small lots At 25.50-2o.00, 2
amss sT S hS 90 n and ssoo ss 1rR
in week; small lot 60-lb. utility wooled
slaughter lambs 2l.00 at the close.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-05-18

II you're eligible Tor a vet
Grams Administration mortgage
you can buy a house today with
no down payment, get a long
term mortgage at 424 per cent
interest.
If you're eligible for a Fed
eral Housing Administration
mortgage you can buy a house
costing $4,000 with a down
payment of only $3.50 and you
too can get a long term mort
gage on comparatively favorable
interest terms.
If you're eligible for neither
a VA nor an FILA mortgage
you can buy your house with a
conventional mortgage - and
here also. the terms will be
much more in your advantage
than at any time in recent
years.
The Government is publiciz-
ing statistics showing that
building of homes is perking
up at last. is pushing ahead
of 1857. In the last 80 days
the Government liberalized the
key rules under which this vital
industry operates.
AS the housing industry's
trade publication, House &
Home. frankly puts it. In a
single month. housing has sell
dom had such demonstration
of how completely the Govern
ment is its master. :"
Four of this, consider that
since early April the Govern
ment-meaning Congress, the
Administration, the Federal
Reserve Board-have:
% Abolished the 2 per cent
down payment on VA mort
cages, thus re-creating the no
down payment days of 1855.
Only a few weeks ago a veteran
buying a $4,000 house with a
VA mortgage (if he could get
the mortgage) had to have a
$500 down payment.
(2) Slashed the down pay
ment required on FILA mort
gage loans to the minimum
permitted by the new Emer-
gency Housing Act. Only a few
weeks ago the buyer of that
$4,000 house with an FILA
mortgage had to have a down
payment of $1,05O. Now that
down payment has been cut to
$500.
80 Returned to- a truly ag-
gressive easy money policy and
pumped into the financial sys-
TEN hundreds of millions of
funds for loans.
a. Raised the interest CELL
ing on VA loans from AZ to
44 per cent. Lenders simply
wouldn't go for mortgages at
the lower rate; the whole VA
program was next to death a
couple of months ago. Now,
with credit generally easier and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-05-18
CAPITAL SECURITIES

including Friday May 10
Compiled by Executive Offcials)