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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Aug 09, 1934
Page
5
Moffett defines a nationwide housing modernization plan built on strict banking principles. He argues loans fund repairs and upgrades, boosting property value while ensuring borrowers can repay. He notes the economic flow: 76 cents to labor, 44 cents at the site, 21 at the factory, 7 at material sources, and 4 for transport.
A long passage discusses how a modernization program finances will circulate from banks to individuals, raising real estate values and neighborhood block improvements. It notes benefits to suppliers and builders, and hints at a future Associated Press article explaining group neighborhood schemes.
Editor notes the home repair phase of the federal recovery program moving toward operation. James A. Moffett, Federal Housing Administrator, explains the aims and mechanics of the plan in this first of a series. The piece outlines the rationale behind sound banking as a foundational element of housing relief.
In a round up of theaters, Paramount presents Paris Interlude starring Madge Evans and Robert Young. The listing highlights other films including Wonder Hat at Mission and The Masquerader at NO Texas. Marlene Dietrich is noted for The Scarlet Empress with a perfume bottle gift tied to the era.
A damaged ad promotes Foley Pills for kidney irritation and joint pain relief. It claims rapid cleansing effects and bladder comfort with Foley Cathartic Tablets, urging use despite unclear active ingredients and dubious health claims.
An allover design in a new modern shape from Ameri ca's master potter offers a 32 piece collection priced at 7.95. Matching accessory pieces include Attractive Odd Pieces and The ap Other Seta sets available at 1.95 each.
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