| Show Investments Land Land Land- LandBy In By Charles H Barton President National Bank pank of If Commerce Commer e- e eJ J The Tha basic Investment Is land land- l tor nd-tor for man Is A a land animal on tho tha thol l land le he h lives the products oC or the kind ho ha eats Away Aw y from Crom the Ian land lanh he 1 cannot live five liv at t all Even It if ho goes up In the tho Ui air like Wee some of oC our r writers on thrift the tho air that su- su sustains stains him even him even the bot air that I 1 o 0 gh gives flies es rests us-rests us rests on the th land Even en If it ho he goO goes down under the tho thesta SUI sta still th the tho l land nd is there although It certainly needs ne d drainage Adam according to the stor story was the first mill n and nd the Iho Creator gave E nil all the land he knew of ot to him and to his children for tor an Inheritance Lter Columbus Columbu us found the tir newland new land It 11 was his by right of du- du dis o cry Adam Ad m and Colum- Colum Columbus Columbus Columbus bus had held on to all nil of the I land laai d they hey had and then Columbus had married Adams Adam's daughter daught r How nO nOrich rich little Allam Columbus would woul i h hate hi e been Wo We e haven't h as us large lire opportunities opportunities ties as Adam and Columbus hall had but we w have bate moro more mor of them an and more modern ones A is one who got a million a a heir Is tho the m man n who Inherits lt It and the million heiress Is the on ono who spends it it t She will not spend It so quickly however If it It Is 1 nicely tied up In fn a II lot piece or ar o of land during her life lite FIRST 11 I T Land Laud was us the Investment In of first Importance II fry in tho the early ages aces and an toda today ch civilization it of ot even greater Importance Most ost o of th the great gret American fortunes had begInning In land and nd tho the value ot or these In Investments has been heen bec ro proven en by the tho wealth of ot their d des S- S Land cannot be lost strayed stra cd or stolen And of all In- In Ins Investments s It Is least affected by bythe bythe bithe the hurricane winds of oC opinion that th-ii depress ordinary securities Every Lvery ery man m n should own his own home Tho The buter buer bu er should keep a 1 afew few cardinal principles In mind ick a II section that th t Is young Any Ani oung section along lines o tran tran- transit sit it should always alas grow crow Do not be b I afraid to go a 0 little out of the tho beat beat- beaten beaten en n track irack Not ot so many years sears ears ago I the land beyond the tho Sacred Heart was as to our minds out of ol town 10 n Today Toda transit development makes maes a good joke of a 1 few blocks There were men however who were pot lot afraid to walk alk a few blocks from the car line and today tody tI the transit has caught up to them Don t get gel excited over snaps and pa pal too much There are arc good chances to buy today and antl there will Ill be good chances tomorrow Don t buy more than 5 ou can carry through the hardest t times or through a time of ot sickness or Of oure If It sou ou can cn ply pay cash and left len It Is 15 weI eI Have bate lIa e enough capital pit t don t be afraid to go co moderato moderate iv 1 In debt To borrow bonow bon ow money to t spend is one thing thins to borrow It to Invest est is quite another It la is not but recklessness oS and d nCe that ruins men Unless you ou can an pay In full for Cor your our home horn in Insure cure ure your our life lite and your lour our health to n II loj oa 01 can so as to make pro I Ions for tor those thos dependent on you oU forta forts T Tl lT The Th question of amortizing mort mort- gates sas es is one of the most Important for a II man buying his bis home and for fortne forthe the business man whose hose only to lh Ih hie e Is a 1 tent lent ent receipt and who wb wants ants nta a II change ch There Is more oro important for lor the small home homeowner hom owner ovner 0 nero than the thrift that Is re- re required re for Cor making small mall regula- regula on account of o the principal pal of o his mortgage That Is la what I meant by amortization It 1 Is wie wl c both from the standpoInt or of orthe othe the lender and the borro borrower cr For the lender it Is desirable I lt Iview Clew of o the inevitable Ine fluctuation or of values that his mortgage shoud shou bo ho sound by gradual reduction reduction tion In Its amount and for tor the tho borI bor- bor f I 1 it is 1 I still more Important that thal thattie tie should protect tats his Interest b by such reduction in his Indebtedness that shall make mak It suro sure that 1 i can be bo replaced it If for Cor any aay reason the lender w wants ts his money Amortization win stop specula but It will III not stop wise In- In investment Investment vestment On the th contrary It will ill tend to change chint the tho 0 owner ner from a speculator to an Investor It Is et hazardous tor for a 0 small oa sac tr r to 10 put hL his all Into a thin equity IUS as many small Email Investors ha have hate e bel n wallowed up lIP and anI lost their all 11 In 11 i declines In in values that after arter all are arc at only temporary II I ST t T GE ICE Th The Installment plan mortgage is 13 the tho only Installment that doe doc not In the sheriff Certain It Inot would w seem so to the tho lenders after the experience of o the tho past St few fc years ears that they might take tale a little trouble of handling the Installment payments of 1 as us they come comeIn comein In and keep their mortgages safe than to invite bl bigger ger trouble by b taking the risk of finding that the mortgages at maturity m are so large u t it they have hate to buy In the prop prop- property property property erty An AB localities pas pass through though this experience at some time The more montha the thO proposition Is considered th the themore 3 i more likely it 11 Is to bo be adopted not notI I with uniformity or in all cases but buton buon Ion on the tho plan of meeting as far as possible the dangers from Crom depreciation which are sometimes great and which work ork ha havoc oc not only to the thO owners but to tho rho lender who i Is 16 forced to foreclose Own your i our 0 own n hon home tome for tor there is 13 I la isla a certain pride connected with Ith the th owning of ot your own on home which a strong Incentive to thrift I land and success no 00 |
