Indianapolis Times, Indianapolis, Marion County, 9 November 1950 — Page 17

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THURSDAY. NOV. 9

CRO, «sm IHalian Landlords i in Chips, | ==xs\ Furnished Flats Go at $150

FET)

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LACK OF CASH

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MONEY is quickly secured from our association to pay for the costs of home improvements. You repay us in easy-to - hondle monthly paymgpts As Specialists in Home Financing we offer several types of financing plons and help you select the repayment progrom tnat best fits your budget.

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“i : EIEN TITY

1950

* Mr, Plame |

Owners Are Tax Free

by Sharing

Apartments, Building New Homes

By GEORGE WELLER ROME, Nov, 9 (CDN)—That man in silk pajamas may have

to go to work some day soon.

He's the man who interviéws vou when you answer the ad for “Americans? very American, Four rooms and bath, beautifuily furnished- only |

an apartment in Rome.

My place is very modern—-

"$150. And I live right next door, as you see.”

You can find him. in

smart] ——— - E Parioli. in pious Monte Mario, injan enormous splurge of apartment

suburban Monte Sacro—the same houses, many empty because they

balding man in his fifties, always|are too expensive. —in dressing gown even at high! ew, rooms in Italy built during Bex 1 {the first six months of 1950 were ave.

noon, always ready for you. I” “The contract is

right here, |

The 139.731

a jump of nearly 100 per cent

My things are so old and lovely, jsver last year.

I shall want $300 naturally.” Other Side of Tracks

Where you won't find him is in| Brooklyn—irent coming in, living in a dresslive/ing gown (lll he dies, } youisense, as in a few others, Italy built] : ‘against the old Roman aqueducts) near the airfield, with winter's|-

Trastevere, Rome's South Side, where people four in a room. Nor will find him in the hovels

‘rain dripping down the walls.

in advance, |

So Mr. Pajamas spends his extra income building new apartment houses, sometimes several.

19 Farm’ Youths in

A record number of 19 Indian- Two apolis farm youths are competing in- the $6000 production-market-ing contest sponsored by the National Junior Vegetable Association. The contest offers a $500 award to the national champion, four $200 regional awards, 33 sectional! awards of $100 and four awards in each state.

Representing Indianapolis are:

Tommy Bartholomew. 40 Rebecca Dr Robert Rix Route Box 520. Glenn Fox shee St George and Richard Had8. Taft : bby Jackson. Route ior Kendal, Route 18. Box 8458 W aymond St EE 584. Gen David Ralsor 963 Schmi 8 N Rd David Siemantel 16: Arm and Smith, Route 16 3 Wilson! Route 18, 4 Wiitiam “Wheeler, +240 Werth: William Whittish, 1820 Moreland : Robert Schmidt. 18 ictor Bt William Woodard, 3705 Ts % st BridyeROH will have two entries in the contest hey are* John Dunn and Biily Baruff

Here he hopes to keep the tax-free -

In this

is a tax-evader’'s paradise. Law To Cut Profits

But the Italian government at {long last is heating, up a law

When you start stripping the| hich is die to cut down the prof-

layers off Mr. Pajamas, the first thing you meet is the self-pity.| Yes, he was a Fascist, but weren't! we all? Of course we were. We just didn't have the resources to win, that's all. Then gradually you learn th» rackets that keep him in silk anc cigarets. Italy has a law blocking rises in rents, now frozen at prewar levels. Many people—including some poor—are living in flats at £10 a month. pinned to the prewar lire, that are economically worth $100 each. Buys Furniture Cheap The racket of Mr. Pajamas is to divide up his villa into apartments and rent them out at current prices, usually furnished. The market is glutted with heavy mahogany furniture, ugly and enormous, which he buys cheap. There is no ceiling on sublet flats not on furnished flats. For a place he rented under faccism for today’s equivalent of $2 Mr. Pajamas 1s able to tafe in ih to $400 a month. That's why - his pajamas are silk. Another postwap'law authorizes anvone who builds himself a house in Rome, or even shares a co-operative Apartment, to go taxfree for 25/ ears. The law, meant

to encourage building, has causad

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{its of Mr. Pajamas. Henceforward, if the law is not bogged down in delays. like the notoriously slow land reform laws, Mr. Pajamas will have to pay normal economic rent on his big subdivided palazzo Moreover, he cannot ride the tax-free buggy in the apartment house - business unless he moves his easy chair and ashtrays into a flat in the house himseif If he builds more houses” to keep himself in dressing gowns, he'll have to pay taxes 6n them. He can’t live in them all personally Landlords liké Achille Starace once tne Duce’ righthand man in the grand council of fascism, are looking around for friendly ears in the Christian Democratic Party. But Starace's star tenant is of all people, Sen. Umberto Terracipi, leading lawyer of the Com munist Party. Copyright. 1950, for The Indianapolis Times

THE INDIANAPOLIS ‘TIMES __- .

‘plan to walk the old

Vegetable Contest Botler Team to Take Part n Purdue =

entries from Clermont "Virsil Shock.. Resolved: That anti-Commu-, Chosen to participate are Harley an "Donald Scott, will compete. nist nations shofild form a sep- old .Gunderson, Geraldine Sim- ok arate internatiénal organization. " mons, David Berry, . and John This is one of the subjects four Commiskey. members /0f the Butler debate About 300 student debaters are squad wall discuss at Purdue Uni- expected to attend’ the Purdue versity’next Thursday and Friday. session.

Busy Homecoming Schedule at Butler

Butler University alumni who familiar campus pathways tomorrow: and Saturday will be. caught in a busy Homecoming schedule. Here is the routine: . Starting at noon tomdrroiv coed tug-of-war, freshman-gopho-{more fight. homecoming program, downtown parade ; torchlight “ fire-pep session Starting at 11 a m: Sathrday house decorations, University 6f Chicago cross<country meet, queen and court eritry, Butler-Washing ton football game, president's reception and homecoming dance,

radio

procession and hon

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