The gamecock. (Columbia, S.C.) 1908-2006, December 07, 1934, Page Page Three, Image 3
FHA Opens G
To Frat
Loans May Be Secured
Fact That Students Live In Frat ^
Houses Brings Them Within
Scope Of Act
I' raternities may borrow money from r
the Federal Government!
Under the terms of the modernization
credit nJan of the federal housing administration
fraternities and sororities
all over the country are eligible to borrow
money from the government according
to a special article appearing in 0
a recent issue of the AMERICAN
STUDENT. The better-housing campaign
was inaugurated by the federal
housing administration for the purpose y
of encouraging, promoting and assisting d
the modernization of all buildings? (j
homes, churches, schools, factories and
warehouses, and as during the college *
year many students live in the fraternity ^
houses, making it their home for the ?
time being, it coincs within the scope of t;
the act. ^
These loans can be secured from,
banks, building and loan associations, or
other financial lending institutions which c
are co-operating with the federal housing
administration. It is often possible
to secure loans from a contractor or 0
building supply dealer, many of whom v
are working hand in hand w i t h the ti
other agencies under governmental su- 0
pervision and approval. Q]
The fraternity must decide what im- cj
provements can be afforded under this |1,
installment payment plan?as the amount 0]
1 to be loaned them is based almost en- (j
| tirely upon the annual gross income of n,
$ the organization, which must be five p
I times the annual payments to be made
on the note. n
The fraternity will have to estimate u
the amount of income which can be de- v
pended upon regularly. It should in- n
elude all monies received from members, a
pledges, that part ol the pledge fees ?
which is retained by the organization, n
room rents, board or other income-producing
sources. p
Such an estimate is based, of course, <>
upon the supposition that the fraternity n
as a whole wishes to secure the loan tl
and that it will he secured in the name a
<>( the fraternity or the holding company s
. owning the property. *]
The next step in securing the neces- t
Isary funds for making the repairs under /
the belter housing plan is to get com- <1
pctitive bids 011 the work to be done s
from some reputable contractors and 1'
! tlie selected bid should be shown to the
official of the bank, building and loan "
association or other lending institution
who is to make the loart.
The agreed cost of financing, which r
is $5 for each hundred per annum, will t
be deducted from the money turned over to
the borrower. The note is payable
in regular monthly installments extending
over a period of from three to live
years, according to the terms made at
the time the loan is secured. The payments
are to be made directly to the
lending institution as it is private and
not government money that is being
loaned. The government guarantees the
banks against loss, thereby making this
capital available to any reputable property
owner.
Before a loan can be made under the
terms of the modernization credit plan,
the borrower must assure the lending
agency that he is the owner of the property?that
the taxes are paid and that
the mortgage, if there is one, is in good
standing and not in danger of imminent
foreclosure.
The members of the fraternity, or of
a building committee appointed by them,
should consult the local better housing
committee which will aid in securing the
loan desired. These committees are operating
in nearly every community in the
country and arc under governmental supervision.
The committee's job is to
sell modernization and they will be glad
to help.
U. 8. C.
SAVE THAT CAP1
A freshman at the University thinks
more of his rat cap than he docs of
his life, it was found Monday night in
front of the mess hall.
Burncy Bass, while strolling across
Green street after supper, was knocked
down by a Free Brothers delivery
truck. His freshman bonnet rolled to
BUCK'S
BARBER SHOP
With Charlie & Monroe Barbers
1205 Lady Street
Just Back of Coggins'
ffers 1
ernity Houses
4twood Talks
On Mayans
To Scientific Society
famous Explorer And Geologist
Addresses Large Audience
Monday In Leconte \
Dr. William W. Atwood, president ;
>f Clark University, director of the
graduate School of Geography, and <
-ader of several expeditions to the Ma- !
an peninsular in Central America, adIressed
a gathering of about 150 stu- ]
cuts, faculty members and members of *
h e LeConte Scientific society in Le-onte
college last Monday night at 8:15 (
'clock. The subject of Dr. At wood's <
ilk was "The Home of the Ancient
layans in Guatemala."
Dr. Josiah Morse, professor of psyhology
at the University introduced |
le speaker in a short address. <
Dr. Atwood spoke very interestingly !
f the discoveries of Mayan ruins, the .
rork of the archeologists in that sec- 1
on, and the task confronting those ge- B
logists who arc at work trying to find 1
ut just what did happen to those most *
ivilized of ancient people in the western 1
emisphere, and why their highly devel- r
ped life disappeared from the face of *
le earth, leaving no trace save the ig- ^
orant, uncultured and uneducated peo- '
le who inhabit the country today. j
The people who once lived in the mag- !
iticent ruins which have been recently <
nearthed were mathematicians who ri- J
aled the ancient Greeks. Mayan drafts- !
lcn laid out plans for cities, temples, <
nd buildings of all types. Mayan !
lathcmaticians worked out a system of
umbers very similar to the Arabic sys- '
-m. Still others of these dark-skinned 1
eoplc devoted themselves to the study !
f the sun and the stars. The astrono- 1
lers of that day computed the length of
lie solar year to an amazing degree of
ccuracy without the aid of a single intrument
save the naked h u m a n eye.
Phey perfected a calendar which was
lie forerunner of the modern calendar.
Vnd vet this civilization has completely
lisappeared, leaving in its stead a few
imple, ignorant savages and some coDssal
ruins.
To solve the riddle of this lost race.
he middle of the street.
"You can take my life, but you can't
ake my rat cap," he retorted as he
etrieved the cap and dusted off his
lothes.
We >
is differen
cigarette .
the tobaca
We founi
for use in
Blue Grass
is called W]
There is a
that is betw<
rettes and th
ing tobacco,
This is th<
year after yc
We got t
it by the ri
Process ... >
The big
bum coi
longer,
(?> 1914, Itoorrr Ac Mriu Tobacco Co.
\ \
i t
mi?* IA jci vr
FOUR NEW BOOKS
PLACED IN LIBRAR
**?*". poets' and ancient 1K
(n lgT i'"1 ?W m?"cy arc '"lured
four books that the South Carolina
luircd '"C U"iVCrsUy "as '
"The poets of Modem France,"
Ludw.g Lewisohn, is a critical study, b
with a generous amount of quoted m
terwl and biography. Mr. Lewiso!
spent Ins early years in Charleston.
An Essay On Currency" is a fa
r* reprint of an early pamphlet
ie Charleston Library Society. Tl
inonymous pamphlet was first publish
?nd sold by Uwis Timothy, a part,,
^>f Benjamin Franklin's, in 17 34
Charleston. C. T. Graydon and A.
valley have had 100 copies printed.
"Facing a New Day," by Theron
IcCcc, just off the press, is a criticis
)f religion from the modern viewpoii
t,1WaS ,Hlblishcd by the Limestone Pre:
"Virgil's Bucolicks," printed at Lo
Ion, 1749, has signatures believed to
authentic, of John C. Calhoun, a,
Ieter Gibert, has also been obtainc
The book was used at Moses VVadel
Academy at Willington, S. C in t
arly 1800's. Gibert's signature is b
icved to be authentic, although there
ionic doubt as to whether the Calhoi
signature is.
U. H. O.
lie archeologist must turn to ever
mailable source. The missing link m;
ie in the climate, in their Asiatic ancc
ry, or beneath some heap of volcan
ishes. It may even lie in some dus
nanuscript moulding away in some fo
;otten corner of a monastery where
vas carried by some conquering Spa
ard.
t The Gamecocks are
j COLUMBIA DAIRIES
t Phone 3171
f_rrrrr,, j j j tttt* j
I WORTHMORE
1 ?w
I QUALITY AND S'
S $12^50 $
t $2.50 Suits ai
| WORTHMORE
t 1425 Main Street
<3><3><3><3><3><3><3><s><3>^
yes, and
here's whyknow
that smoking a
t from smoking a ciga
. . and in trying to
i best suited for pipes
d out that the best tobac
a P!Pe grows down in t
Section of Kentucky, and
hite Burlcy.
i certain kind of this tobac
sen the tobacco used for cif
ie kind that is used for che
j kind of tobacco that we ui
^ar, for Granger Rough Ci
he right pipe tobacco, ma
ght process . . . Wellmai
ve cut it right... rough ci
\ Granger flakes have to
ol and they certainly last
and never gum the pipe.
J > ,
A m ii \> u uiv
SOCIAL WORKERS
i HOLD DISCUSSION
w Last Tuesday night the School of Soin
cial Work conducted its,monthly round
table discussion.
IC"
Bishop Kirkman G. Finlay was so iniijy
pressed by the talks on labor legislation
iUt that he is writing, in collaboration with
a- the department, a series of articles for
m The Stale. The first has already appeared.
*
ic
Talks were m a d e on "Workmen s
in ,
,js Compensation," "Unemployment Insured
ance," "Old Age Pensions," "Mothers'
er Pensions" and "Ratifying Federal Child
at Labor Amendment."
S.
These discussions are for fostering the
q presentation of the real opinions of the
m student workers.
!t. U. B. O.
,s* Outstanding scientists of all types
n" have been invented to join the expedition
in a hope that some one of them may
find the key to the whole story. Some
one of these men may determine from
's whence the ancient Mayans came, or
still another may find where they went,
and why they left their homes in the
's Guatemala Highlands.
jn Dr. Atwood ended his lecture with a
description of the native life of today,
? and pointed out the marked differences
' y in the existing and the non-existing civiay
lizations.
Dr. Atwood and his party arc camping
110 on the athletic field of the University
'y during their stay in Columbia. All students
who would be interested in seeing
their camp are cordially invited to drop
n~ in at any time during the day.
U. 8. C.
i Game because they use |!
MILK AND ICE CREAM j:
917 Main St. !|
<?
CLOTHES SHOPS !
I
HERE? I
rYLE PREDOMINATE |
We Pride I
15.00 $17.50 Ourselves^ 1
nd Overcoats our
Clothes |
CLOTHES SHOPS J
Columbia, S. C. J>
/BgusB&ms&m
c? iyKB?S|
c? n
raw
-l'c . . K JA pmhH
' > ^
v -as?
| Party Given For T
Students Of Music
Mr. and Mrs. Maurice Mattison of the In<
department of music, entertained their
students with an informal party at their so<
home last Tuesday night. l'l<
Music for the evening was furnished
by the following students: Mrs. A. \V. re
Norman, Thomas McDonald, Miss Kee- (1?
nan Gayden, Richard llearon, Miss Ma- wa
rianna Gaines, William Lowrance, Sam- ^
uel Dillard, John Steele, McLeod Munn, Gi
Mrs. Thomas G. Simmons, Mrs. J. G.
Zeigler, Miss Addie Elmgren, Mclver wi
Williamson, Miss Virginia Burroughs, so(
Miss Margaret Browne, Douglas Mc- ?
Kay, Henry Morton, Monroe Speak, I""
Miss Grace Lang, and Mrs. Arthur Tarre
r.
. . ?u* 8* c*?
The isolation of oxygen by Levois- >j
sier marks the beginning of modern
chemistry. _,
I HOME F<
CHRIS'
AS'
QUICKLY W EC
spoil the thrill of getting
about the shipment of yourbagj
leaving everything to Railway ]
your trunks, baggage and pers
them home on fast passenger tra
You can take your train home withat
your baggage will be there q
Express service means econom
pick-up and take a receipt on c
swift, sure handling. If you ca
presents to your family and fri<
I! For service or information
UNION STATION OFFICE 1212
| ; UNION STATION BLDG., S. M>
J S. A. L. DEPOT OFFICE S. A. I
> LINCOLN & LADY STS.-PH0N
> | The best there is in
SERVING THE NATIC
ij RAIL1
EXPR
AGENCY
NATION-WIDE RA
the pipe tobacco tha
5 folks SI
Page Three
'hree Books Reviewed
On Hypatian Program
Reviews of three recent books by funis
authors composed the program of
e meeting of the Hypatian Literary
:iety, held Wednesday afternoon in
i Clariosophic hall.
"My Antonia,' by Willa Gather, was
viewed by Mildred Brown. Tlieore
Dreisler's "American Tragedy,"
is reviewed by Catherine Taylor; and
arothy Wingard reviewed Dorothy
infield Fisher's "Deepening Stream."
rhe next meeting will be a joint one
th the members of the Euphrosynean
:iety, in the Euphradian hall.
SPECIAL REDUCTIONS ON
SILK AND WOOL FROCKS
May Bond Simpson
Phe Loft Yarn And Frock Shop
1322 Main Street
DR THE
rMAS
>AY?
tu/L
ONOMICALLY
f !
home again by worrying
Jagc. Solve the problem by
Express. We will call for
onal belongings and send
ins through to destination.
th peace of mind?knowing 1
uickly and safely. Railway
y. We give a receipt on '
ielivery . .. double proof of
nnot go home, send your
snds by Railway Express.
merely call or telephone
IAIN STREET-PHONE 5729
MN STREET PHONE 7037
L. PASSENGER STATION
E 332ft?COLUMBIA, S. C.
transportation
>N FOR 95 YEARS
WAY
fESS
, Inc.
IL-AIR SERVICE
"
4.
I II &
common - sense
package?10 c
Vs MILD
i's COOL
rem to like it