Vagabond Editoriafs

(Continued them the minor codes would take care of themselves. They are: lst, The Law of Supply and Demand,;Znd, The Constitution of the United States; 3rd, The Golden Rule. We've strayed afar from.all three of them, but something tells me we are on our way back.

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And, perhaps, as an old-timey lumberman wrote not long ago, "In His own good time the Great General will command the quicksands to harden," and everything will be all right again.

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I see great preparations for the new building phase of the Federal Housing Act. I see a mustering of forces, a gathering of ideas, a marshalling of efforts, that mean that within a few weeks a tremendous force will be driving forward throughout this land to get the entire nation into a new-building mood. Certainly nothing since the recovery efforts started has behind it anything that even fairly resembled the preparations to win that are springing up from behind every bush and shrub to put over the new-building phase of FHA. It will be a huge success. In my mind there is not the faintest semblance of doubt of that. It will put the bulk of the heavy industries back on their feet, put millions of sound men to work, put money in genuine circulation, and strike an irresistible blow at depression, and at unemployment.

And, the first phase of FHA, the remodeling and repair_ ing effort, is going to grow with the opening of the second phase. It just can't help itself. The campaign to make peo_ ple build will carry with it the continual suggestior, ao ,"pair and remodel and improve and develop. Men will take advantage of FHA help to remodel and repair in the com_ ing spring and summer in far greater number than have done so thus far. Suppose the interest DOES figure 9.70Vo? That's far less than anyone has ever been able to buitd for before, and pay second mortgage charges. And, never before has a man been able to borrow repair money from a bank and get several years time to pay it in. The charge is really just $5.0O per $100.00 loaned, to all practical purposes, which is a reasonable charge. And, this year is. going to be a great, big repair year, and don,t you doubt it. *t<*

Why, if the retail lumber dealer could just sell the paint needed to cover and protect the bare and suffering walls and roofs in his town, he would have a splendid volume of business, because the entire. country now is plastered with drab and unpainted buildings. Certainty the paint people can look forward to a marvelous business when people go back to painting again, and the lumber dealer should see to it that HE. gets a big share of the local paint sales. He is the most logical of all paint salesmen. Don't let that good business get away from you.

J. E. Mackie to Manage Trade Dee Essley Attends Hearing

Promotion Campaign on Hornblower-D oyle Bill

Washington, D. C., Jan. 17.-J. E. Mackie, wood technologist and engineer, who for the past six years has been the North Pacific Coast representative of the National I-umber Manufacturers Association, rvith office at portland, has been engaged to manage a trade promotion campaign undertaken by a nelv organization of manufacturers of western red cedar. He lvill have headquarters in Seattle, 'Wash., and will work in cooperation with the West Coast Lumbermen's Association.

Following graduation as a civil engineer from the University of Wisconsin in 7923, Mr. Mackie was employed by the Long Beach, Calif., building department. In l92Z he became secretary-manager of the Pacific Building Officials Conference, with which he remained until he assumed his duties with the National Lumber Manufacturers Association in 1929. While employed by the latter he developed numerous projects furthering the use of wood on the Pacific Coast, and was responsible for much of the effective lumber promotion work conducted in the pacific northwest during the last five years.

A hearing was held in Sacramento before members of the Judiciary Committee on Wednesday evening, Januarv 23, on the Hornblower-Doyle Bill, Assembly Bill No. I, an emergen,cy measure to authorize the adoption and ap_ proval of state codes of fair competition.

Dee Essley appeared before the committee in his capac- ity of council member for Northern California of the California Council of Trade A.ssociation Executives, and spoke in favor of the bill in behalf of the California Retail Lumbermen's Association.

The Hornblower-Doyle Bill as amended will be a companion bill to Senate Bill No. 66, introduced by Senators McGovern and Olson.

Will Manage Ne* Terminal

First Loan in Los Angeles Under Brooks-Scanlon Lumber Co.

Title Two of FHA Made

The first loan in Southern California under Title II of the National Housing Act for new construction and refindncing was made on January 19 according to an announcement by Fred W. Marlow, district director of the Federal Housing Administration, in Southern California. The loan is for $8500 made to John J. and Irene Bessolo by the Bank of America. It applied on the purchase from the estate of John Gandolfo of a residence at 3I4 South Highland Ave., Los Angeles, which was appraised in the inventory of the Gondolfo estate at approximately $10,000. The house is a modern two-story structure, has eleven rooms and basement, and was built about ten years ago.

"The loan," according to the bank reporl, "i5 fq fe amortized over a period of nineteen years and five months, with interest at 5 per cent. The total monthly payment Mr. Bessolo will make is $92.1O and is made up of the following items.

Reincorporateg

The Brooks-S,canlon Lumber Co., of Bend, Ore., has been reincorporated under the laws of Delaware with corporate name of Brooks-Scanlon Lumber Co., Inc' This .h"ttg. became efiective on January 1, 1935. Up to December 31,1934, the Brooks-Scanlon Lumber Co. has been a Minnesota corporation.

The nerv corporation hjs taken over all the properties, business and assets of the former company and assumed all its obligations. The ownership, management and control remain the same. The business will continue as heretofore, but under the name of Brooks-scanlon Lumber Co', Iirc.

Hollywood Better Housing Exposition Op"ns Feb. 9

"While this loan is made for the acquisition of a home already built, officials state that the procedure and amortization figures are about the same as when money is borrowed for building."

The Hollywood Housing Exposition whi'ch is making rapid progress is scheduled to open February 9 and will remain open for a month with special programs daily' The clisplay is sponsored by the Hollywood Chamber of Commer'ce and is endorsed by the Federal Housing Administration. The exposition will be educational and will feature the,comparison between good and inferior construction, materials, and craftsmanqhip taking the observer through all phases of home construction. Headquarters are at tl,e Hollywood Chamber of Commerce.