, 1866-03-05

arta7 Hthf Of thete viii rttuee eonpeution,
md. Is = natural consequence, reduce the rents.
Of tensnt1, md counssr cmbfnatio1s Of laud5ofus.
Is fo1Iy! such Combinations could do 10 good, and
would inevitably etentuate m harm. We would
suggest 10 those who want TO ind rome object for
conbiI1g to eject, that they resolve thsnss1res
Into aHo1sebuf1dink association. The ~Buldinz
Society has long been recognized point OF socsal
the construction of buildings IL homes for the
members, hl. recently found favor. In Pittsburgh,
ho1s building a'socist1on With capital q 500
hp1aeA are 10 be built, Some Of theee homes xre
10 BE- sab*tanu1l three story bricks wlth MI the
modern Improvements Ohers; TO be built q the
With f1e~ ' ID accommodate those Who afc not
able 10 pay high tent.
Fosihs bepcni Of those Who would Hike to knov
aeneral features of ihe undertsk.us. Ths associa.
tiru il formed uf parties who each With to build
bone, and few Others hnd adn,ission, though there
+ 70 ru!e exc'uding any who are Ntnc to pavtncir
The club 1unutnC ~ many weeks a. arr pecessarg to
dta" frorn each member . certain stipulated sum,
adequate to The construction Of ndwelllns snch a.
working man would be Wiling 10 live IN. As Eass
as Tbs tum IL rataed. Il Is bid OF among the MEM
ber.. That one uktng It Who fs willing to pay the
highest premium.
scribe i've dollars PCT week each foz three hundred
weeks. the clab thus running lille less than six
yes1s, with IN individual fund Q! hl1eeu hundred
hundred dollars In the Treasury, and the money Is
put up ard aucaoned anong the membats. a bids
f4qo fat The pure, and Il il awarded To hln; be
contractor The CAB thcn makes The contract, sud
holds the property. y 4 chooses he can haxe
hnt tn this care be must make the
frat payment 10 the contractor equal 10 The dter-
enee oet*een 1he cost, md The Il 500 minus The
i nn,shed and holds lille thereto, but allows 4
10 occupy the house without Payment OF rent, pro-
rlded that bis weekly payments be regularly made
Is IS OWE IL To sets asr he Ut IT, fhs
club Is sgain In funds and this time 1nAkes lie
highest bid, using the money under the came re-
own domfcIte while the profits to those who ,saited
till last are handsome, md the dt haye avoided the
Isis plsn or Ico.opes1non is perhaps better than
the toiut stock associations which produce large
bnIidingshnd require the medium of IN oreania.
sn e isR s. eeq liz @ hos nd
what Ia better he f.tole owner oft as zoou paid
ior and may have the rse o. II long before af the
more, RID n - It premium st to but little & Es. A.
hands Of proper men to d!rect, these combinations
hare done immense good elsewhere; and We see no
saa Wy eSy ese se0ns abes as 4 ESQ + 0e
y1cznl lots invite the erection OF honses and hun
drede of tenants Vant them The ,YorEtusman
inns beron.e fne ogner Of h,e own residence 9ocid
Eot on1T lie lnependcns OF he landlord. put wpoid
i,e isf,er 1tixen. a. beinc more closely 1dcuted
Il il evideniiy 1e duty Of te civic nulhorites to
ioot fayo,sbjy upon such moyemeuts, md render
al lie ma ii thelf power to the carrying ont OF
snci, h. enierpdses. :
aud yei the,r IL arupfe room for the other claus
Of aetocatiye enterprises OF which we have spoken
Inc remarks Of an exchange or this subject are 80
produce them:
y ID engaging In m enterprise OF this k1nd. It Il
important i'd the rrt place TO select The proper 10.
reference to the amouut Of rent. ia be charged max
1ng thIe pay tar and honest per ccntage % the
money invested. taking into account taxes and In
and fubstanal Character. Mhfthe! Of wood OF brick,