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, california 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 gi 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 tricia 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 $4500 to the riggs bank in washington, d.c., with interest 4 and 1/2 percent. i owe $3,500 to my parents, and the interest on that loan, which i pay regularly, because it's a part of the savings they made through the years they were working so hard -- i pay regularly 4 percent interest. and then i have a $500 loan, which i have on my life insurance.
well, that's about it. that's what we have. and that's what we owe. it isn't very much. but pat and i have the satisfaction that every dime that we've got is honestly ours. i should say this, that pat doesn't have a mink coat. but she does have a respectable republican