We live rather modestly. For four years we lived in an apartment in Park Fairfax, in Alexandria, Va. The rent was $80 a month. And we saved for the time that we could buy a house. Now that was what we took in. What did we do with this money? What do we have today to show for it? This will surprise you, because it is so little, I suppose, as standards generally go, of people in public life. First of all, we've got a house in Washington which cost $41,000 and on which we owe $20,000. We have a house in Whittier, Calif., which cost $13,000 and on which we owe $3,000. My folks are living there at the present time. I have just $4,000 in life insurance, plus my G.I. policy which I've never been able to convert and which will run out in two years. I have no life insurance whatever on Pat. I have no life insurance on our two youngsters, Patricia and Julie. I own a 1950 Oldsmobile car. We have our furniture. We have no stocks and bonds of any type. We have no interest of any kind, direct or indirect, in any business. Now, that's what we have. What do we owe? Well, in addition to the mortgage, the $20,000 mortgage on the house in Washington, the $10,000 one on the house in Whittier, I owe $4,500 to the Riggs Bank in Washington, D.C., with interest 4 1/2 per cent. I owe $3,500 to my parents and the interest on that loan which I pay regularly, because it's the part of the savings they made through the years they were working so hard, I pay regularly 4 per cent interest. And then I have a $500 loan which I have on my life insurance.🏁

We live rather modestly. For four years we lived in an apartment in Park Fairfax, in Alexandria, Va. The rent was $80 a month. And we saved for the time that we could buy a house. Now that was what we took in. What did we do with this money? What do we have today to show for it? This will surprise you, because it is so little, I suppose, as standards generally go, of people in public life. First of all, we've got a house in Washington which cost $41,000 and on which we owe $20,000. We have a house in Whittier, Calif., which cost $13,000 and on which we owe $3,000. My folks are living there at the present time. I have just $4,000 in life insurance, plus my G.I. policy which I've never been able to convert and which will run out in two years. I have no life insurance whatever on Pat. I have no life insurance on our two youngsters, Patricia and Julie. I own a 1950 Oldsmobile car. We have our furniture. We have no stocks and bonds of any type. We have no interest of any kind, direct or indirect, in any business. Now, that's what we have. What do we owe? Well, in addition to the mortgage, the $20,000 mortgage on the house in Washington, the $10,000 one on the house in Whittier, I owe $4,500 to the Riggs Bank in Washington, D.C., with interest 4 1/2 per cent. I owe $3,500 to my parents and the interest on that loan which I pay regularly, because it's the part of the savings they made through the years they were working so hard, I pay regularly 4 per cent interest. And then I have a $500 loan which I have on my life insurance.🏁