Show Want Interest Down DOWIl There is is growing sentiment in Congress and elsewhere for a rollback of the high interest interest interest in in- terest rates which have plagued the money market inthe in inthe in inthe the last few years FOLLOWING a call for a imposed federally-imposed maximum rate of six percent by CIO leader George Congressman Wright Patman has also called for a rollback to the six percent level in a aletter aletter aletter letter to David chairman of the Chase Manhattan Manhattan Manhattan Man Man- hattan Bank in New York Patman is chairman of the House Banking Committee Patman believes the nations nation's nations nation's nations nation's na na- tion's big banks are guilty of too much taking profit-taking and that recent high interest rates have depressed the housing market and increased unemployment unemployment un un- employment among other things IN THE opinion of a growing growing growing grow grow- ing number of legislators and concerned citizens government government government govern govern- ment action would be justified to bring interest rates down downto to a more reasonable level inthe in inthe inthe the field of home financing Interest rates as high as eight percent force the average citizen to pay thousands of additional dollars in purchasing purchasing purchasing pur pur- chasing a home with a mort mort- gage AN EXAMPLE of the heavy cost coast of high interest rates the difference between betwee a 4 and 8 percent rate on a mortgage is is for the first year alone ss-S ss |