Indianapolis Times, Indianapolis, Marion County, 12 December 1940 — Page 32
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The Home of Nationally Advertised Watches At Nationally Advertised Prices ~ ON EASY TERMS AT NO EXTRA COS
Take a Year to Pay Re . Payments Do Not Start Until January
PRICES ARE ROGERS PRICES : : ‘CREDIT AT NO EXTRA COST CREDIT AT 1 EXTRA 2 ST : > s
RA RATATAT ToT
ELGIN 2
Lent Under Tenant-Purchase Plan; 26 States - Times Special Writer man on the family-size farm is still a good credit risk, the Bankhead-Jones Act seem to support this view. the principal and interest had EUROPE’S BIFTS 658, or 2.8 per cent, but on the other tii Service Banned 765, more than delinquencies. WASHINGTON, Dec. 12 (U. P).[ permits tenant Sl | gifts by mail between the United payments in in good years. available because the Neutrality Act would have totaled $104,507, but this), ..o A410 410 clippers en route to “We feel that this collection rec- considered belligerent territory. chase borrowers to retire the loans Baldwin, FSA Administrater. man submarines and sea raiders. At ‘rowers in many Instances. We are, switzerland, Portugal and unoccu- ALTELRELT | ‘years in order that payments may Turkey, Hungary, Sweden, Norway,
Show No Delinquency. WASHINGTON, Dec. 12.—In spite of the swift adFrm Security Administration feels. FSA had lent approxibeen paid when due. hand payments ahead of schedule Air Mail For Presents; Ship - eight times the ib p "A variable fl| —The war will extensively curtail! borrowers to 8 | States and Europe. poor years and ! Under a fixed- bans the delivery of parcel post 11 sh the total of advance 3s still shors of Wis ° Europe stop at Bermuda, which sf ord reflects favorably upon the will-| steamship service to Europe |: with which they have purchased|guaranteed because of the British| “The variable-payment provision| present it is available only to such however, stressing the necessity of|njeq areas of France. be lightened in bad years.” Denmark, Belgium, Rumania and
FSA’ Reveals Repayments of 97 Per Cent of 50 Million By RUTH FINNEY vance of mechanized, commercial, large-scale farming, the + Repayments on tenant-purchase loans made under the mately 50 million dolars up to W AR CURT AIL S _ June 30, and 97.4 per cent of .Delinquencies ' amounted to $23,came to $196,amount of the Facilities Doubtful. payment plan || this year’s exchange of Christmas ‘make smaller larger payments Air mail service to Europe is unpayment plan the delinquencies|packages to belligerent nations. All payments, ingness and ability of temant-pur-| , ..; foreion vessels cannot be| their family-type farms,” said C. B.{blockade and the activity of Ger‘bas proved advantageous 10 bOI-|.quntries as Great Britain, Ireland, ‘paying ahead of schedule in good|™ service to Germany, Italy, Greece, In 26 states there was mo delin-ip; 1.14 among others long has been
© row operating capital from FSA.
ie found, Mr, Tolley feels. ; Lx .ture Department officials, establish-
uency or a delinquency of less than per cent. In only four states were delintiuencies above 10 per cent. Florida had the worst record, with 23.6 per ‘cent of scheduled ,payments delinguent, but Florida had 8 deadly freeze early in 1940,
The Geing Is Tough
" Some indication of just how tough the going is for the tenant who tries to achieve farm ownership is found elsewhere in the FSA report. ~ The same farmers who borrowed i to buy their land also had to bor-
These loans totaled $3,771,303 as; of March, 1940. Maturities amounted to '$1,405,332. Delinquencies amounted to $186,215, or 13.2 per cent. In all cases, FSA has been careful to make sure that a man purchasing a farm got sufficient land to
set him up on an economic basis, ione which, if operated properly, would make repayment of the loans possible, This is one of the reasons _ fhe tenant-purchase plan has proceeded slowly, for FSA found a se- | ‘rious shortage of available land in many of the regions where purighases were sought. ; Difficulties surrounding the probfem are highlighted by H. R. Tolley, . chief of the Bureau of Agricultural Economics, in recent testimony be.fore the House Committee on Interstate Migration.
¢ 6 Million Farms in U. 8.
" There are at present 6,300,000 farms in the United States, Mr. Tolley said. His bureau estimates that the present land base of the United States will support about '$,000,000 farms operating on the
‘scale which prevails in the Cornj.
‘Belt. If living standards were lowered to those prevailing in the Cotton ‘Belt, the country’s land base would support 9,500,000 farms. But the \Agriculture Department has been [Ee to raise the standard of farm e. And year by year the amount iof land absorbed into large-scale, commercial farm enterprises has been increasing. The department has not sought to impede commercial farming, Mr. Tolley said, though it has labored to increase the number of family'gize farms and to put them all on ‘gs going-concern basis, “present policy has aimed, roughly, at cushioning the effects-of the gnajor changes occurring in agripulture, rather than attempting to alter the framework of agriculture es it is now operating,” Mr. Tolley } ba ge * For any kind of success in saving 'Ehe family-size farm as.a relatively ‘secure and comfortable way of life, away of increasing income from pff-the-farm sources probably must He recommended, as have other Agricul-
‘ment of a rural conservation works program, and efforts to decentralize industry adjacent to overcrowded farming regions, so that rural peo-
suspended because of inability tol make deliveries. Postal officials said they would attempt to make prompt deliveries “if the packages are mailed in time.
CHILDREN TO GIVE Y.W.G.A PROGRAM
More than 5C children from the |: Soldiers and Sailors’ Home at Knightstown, Ind., will come to Indianapolis Sunday to give al Christmas program in the Central}: Y. W. C. A, They will entertain Bruce P. Robison Post 133, American Legion} members and their families at the post’s annual Christmas party. Seventeen acts will be presented | by the young entertainers. A Santa Claus, identified only as “Prince Saint Nicholas,” will present children at the party with apples and candy. A talk will be given by Vernon M. Scott, post commander. The committee in charge’ of the party consists of Fred Plump, chairman; Col. Will H. Brown, Fred Hansing, Dr. M. C. Lyons, Charles Young and Home Asher.
200° EXPECTED AT Y. M. CEREMONIES
Approximately 200 members and associates of the Indianapolis Y. M. C. A. are expected to attend| dinner ceremonies honoring the 86th anniversary of the organization at 6:15 p. m. today at the Central “yn Theme of the dinner will be “The Speakers’ Table of Tomorrow” in which younger “Y” members will speak on the ‘activities. Prior to the ceremonies, the Board of Directors will name a new member. Dr. Roy E. Vale, pastor of the Tabernacle Presbyterian Church, will speak on “God’s Hand in Hu-| man Affairs.”
U..S. DENTAL CHIEF WILL SPEAK HERE
Dr. H. Trendley Dean, chief dental surgeon' of the U. S. Public Health Service, will address dental educators and practitioners at 7:30 p. m. today at the Indiana University Dental School auditorium. The possible effects of fluorine on tooth decay will be the topic of the talk. Following Dr. Dean’s address, Dr. Virgil Cheyne of the dental school faculty will lead open discussion.
ADMISSION BY CIGARETS The annual cigaret dance of the Marion County Council of the Veterans of Foreign Wars will be held at 9 p. m. Sunday at Tomlinson Hall. Admission will be one package of cigarets per person for dis-
ple might use their unoccupied time gn in profitable employment.
Work oh Largest U. S. Map
~ Nearing End
, ‘Mass.,"
y—Peering down from his| George W. Coleman, "then president
DRY above the Rocky Mountains,
1 pr. Wallace W. «Atwood Jr, paused|ganized a national map committee} today to describe his work on the|which raised funds for the project. Ijargest United States map ever
: sipade.
17 years under construction. The relief
Dec. 12,War and discussed, it with. Dr.
Tr. Atwood was putting the fin- hired but died two years after betouches on the $150,000{ginning the task. Work proceeded
model covers 73000|{when 34-year-old Dr. Atwood took re feet and weighs more than|charge, He is professor of physiogra5 tons. A two-story building was|phy at Clark University, Worcester, eonstructed at Babson Institute to
It eines 64 feet from Atlanticidents who hope to become geogPacific and 46 feet from Canada raphy teachers, geologists or cartog- - Mexico. One inch represents four|raphers, The map is the first to be les on a curved surface. The curve|foot balcony to view the geven feet in exact proportion model which has bust -eolored land) 8 coun-| | By highest mountain, Mt. Whitney | is fornia, 14495 feet, stands
tribution at the Veterans Hospital on Christmas Day.
After 17 Years|
of the Institute, In 1923 they or-
‘The famed Harvard geographic sculptor, George Carroll Curtis, was
spasmodically until January, 393%,
His assistants have been a dozen young men, mostly graduate stu-
Spectators must stand on at15-
and blue water bodies. 4%
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PAF ITR.
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FRIAR,
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52975
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A ladies’ Eigin with link band to match.
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face.
HAMILTON
$4750 f
17-fewel Ham~ ilton. with 14
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17-jewel, 10kt. natural gold « filled case,
5500 :
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19 Jewels.
BENRUS
‘Miss Liberty
$16.95
The ladies’ watch is the iol “Times Square,”
—
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19 « Jowell Elgin. Special ladies’ ‘model. Dainty case.
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“The Venita™ -—8& Queen in Hamilton watches. $1.23 A WEEK:
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a a milton’s
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75¢ A WEEK
UP a 4 rioja” Popular RIL
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_ Handsome 18- : fawel Gruen, . Guildite: back. 50 A WEEK
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Smartly styl i rohan "shaded dial 21 Jewels,
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Fine 17-jfewel Bulova for C hr {stmas giving.
50 A WEEK
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21 Jewels, $1.25 A WEEK
beauty Bulova
7e¢ A WEBK
17 Jewels ,
natural L oid
Solos. - Pop
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