The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

0,0 duoRobert Herrnann, son of the Gro- la ver Hernianns: of 82. Essèix road, a- Kenilworth, is returning Friday fromi polo I Oregon, Ill. wbere he -attends the Rock River: school. C l'Stva GtSgestions Ladàies' Seaufiful Fitt.ed à Unfiiied Cases M4ens Dressing Cases and Bih 'Folds. Gliadsin Sags auJ Zlpper, Sport Bugs Zipper Enveopes auJ Sncéf Cases Harfuan, Trunki and TourOes KAEHLER LOCK & TRIINK SHOP 1421 SIuraa Av. Uni. S637 EVAN N BÂCK FROM COLOIRADO Mrs.-,Hugo T. Fischer, formerly of 738 Te'nthstreet, niow, of Evanston, and her: daughter, Miss, Jeanne Fischer, have returned from Boulder. Coowbere they had. goneearâlv last September for Mrs, Fischer's. health, which is now greatly im- proved. .Miss *Jeanne no* 'attends the University of Colorado and wilI resume ber studies there, after the Christmas holidays. M ,iss Dorothy McCéy, a freshman at Grinneli,, is returning Friday to spend the holidays with ber parents, Mr. and Mrs. Albert B. McCoy of The FederaI' Savings and Loan In- surance Corporation, created. by Congress last June, affords Protection for. investors in tbrift, and home-fi- nan cing i nstitutions under a.different *method than that followed by the, edrlDeposit Insuirance Corpora-f tion, organized in 1933,' in insurn depositors in commercial banks. The former operates in the long-term sav- ings and home finaneing- field to in- sure the safety of the investor's capital, whereas the latter insuros i bank depésits.. "The aafety Méature now made avail- able by Pederal 1nsurance la open to 'ail savlngi-and, ban, buliding and loan and homestead associations, and coopérative bankq wbich apply for lnsuranoe, pro- vidé& that they are opproved as to solvency and. operating methode by.the 'i Federal Home Loan Bank Board,"1 said Mr. Johnston. Neeti for Protection "The linancdai breakÉlown of. 19 months. ago dlbcbosed an Imperative 4leed for thse prtection of long-terni savigs Invested for hIcornehI the thrlf t and home-flnancing Institutions of the' country, whleh aggregate the vast total of $7,000,000,000 to $8,000,000,000 held by sorne ten million people of ail classes and occupations, largely wage-earners and salarled workers. "Safety for long-terni sa.vings presents a different probleni than safety of check- ing and Urne deposits, where funds must be avallable for payment on short notice. A special Pederai agency, the Federal $avings and Loan Insurance corpora- tion, was therefore establlshed to han- dlie this type of Insurance. It has a capital of $100,000,000, uubscribeçl by the governinent. In addition, the corpora- Uion is building up a 'substantial reserve fund frrni annual premiums paid in l>y ail lnsuied Institutions. Moreover, the privilege of Insurance through the cor- poration lb oxtended only to well-man- ageél flnancially. sound Institutions ýwhicli meet the strict' eliglbility require-_ ments of the 'ederal Savlngs and Làoan Insurance corporation." The First Federal Savings and Loan association of Wihuiette was organized',under a 1933. act of Con- gress,. by which the formation of private, lotcally managed thrift and hon'e-financing institutions under Federal charter and regulation was made possible, either as> new asso- ciations or as conversions of exist- ing state-chartered institutions-. C redit for Homne FiflaOcing "The purpt>se of Congrps In provld-t ing for federalliy chartered Institutions was to noke crédit 'available at low cost for home construction, refinanclng anld modernisaVtion In parte off thecocun- r WYU. qUrWT UVUUUTO~ %%%%j%5 i i 1non-asse! tingenit1 iiation of Wilmette ,d to yield a reason- .tuaii, and are exemnpt deral income taxc, arc. and have.-no coni- T A large box of fine candy will be given witliout'charge with every pair of mei's or womena uhos purchased. Mengs and Women's Smari Shoea.