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Show Meeting Set On National Housing At a meeting to which the public is invited to attend, will be held to-1 night (Friday) at 7:30 o'clock in the city hall, at which this whys and the wherefore's of the National Housing Act will be explained. David W. Cannon, executive assistant to Allen T. Stanford, state director of the Federal Housing Administration, will be present and the workings of this act will be thoroughly discuss- ea. It is expected that a local organization organi-zation will bs- perfected to operate under state supervision and in addition ad-dition to Mr. Cannon, local business busi-ness men will be prepared to answer j questions concerning the N. H.A. No group has been harder hit by the depression than the workers of 1 the building industry. New con-! con-! structlon has dropped nearly 90 per cent from what it was in 1926-29-About one-third of the workers whose fanhhes now are on the relief rolls are normally employed hi the building industry and many others in factories, transportation and other fields are indirectly dependent depend-ent upon this industry for a livelihood- Until these workers are largely a-e-employed, no community can enjoy a full measure of prosperity. prosper-ity. The last congress recognized this lact. is passea me iai,ioiiu Housing, Act. "How can we use this act to improve business conditions and help relieve distress among the unemployed?" A large part of every dollar- spent in modernization goes direct to labor. Most of this money is immediately put back into channels chan-nels of retail trade. . Have you been wanting to modernize mod-ernize your home, or to make some much needed improvements or repairs, re-pairs, and has the question of finance fi-nance been the stumbling block? If so, you will be interested in hearing the National Housing Act explained tonight. The meeting is arranged by a committee com-mittee from the Lions club appointed appoint-ed to investigate this measure. J. E. Chadwick is chairman of this committee. com-mittee. The Peoples State Bank has qualified quali-fied to receive applications and to make loans under the Federal Housing Hous-ing Administration Act which will provide finances for the repairing of homes. It is estimated that throughout the United States 16 ' million buildings need improvements and repairs, and under the National Housing Act it is thought that there is no business or industry in the nation that will not feel the stimulating stimu-lating effects of this Better Housing Program. The fact that these loans may be made through our local bank will simplify the procedure and facilitate fa-cilitate the obtaining of the loans; and our local bank is to be congratulated con-gratulated on being able to handle this business. |