New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-11

| the most enthusiastic followers OF Mr.. Gladstone
| one OF the stanchest champions of Home Rule
and enc of the reprovers of the House of
| Lords for its putocracy and its contempt for the
common people. lie was in brief the one simon
pure all-woo warrantedto wash Friend OF Human
| ity. Surely such man was 10 be trusted
| This truly good man began hs financiering many
| years ago. choosing building and loan associations
as the most promising field for his peculiar talents.
Strange as II may appear. he laid the founda lions
| Of his colossal scheme upon the ruins OF various
similar schemes that had ended In disaster-o their
| conid.ng stockholders "rhc 1Aberator." his chief
concern. was built upon the ruins Of the Alliance
| National Land. Building and Investment Society
| with which two OF his later colleagues the Rev.
| Dawson Burns and Mr.. Dlbey. were associated.
| the former having acted as audltor-and the Es-
tates Bank and a number OF other allied concerns
known the Alliance Group. These undertakings
| were popularity associated with the United King
| dom Alliance. though after the crash the latter
| body very emphatcaly declared that the compa-
| MES had connection with its organization. The
bank closed It's doors IN 1866 ard widespread dis
tress the result. attracting too little attention
amidst the colossal failures OF that disastrous
year. Yet the whole Alliance Group had been
formed to afford safe investment for the funds of
thrifty temperance adherents, and Jabez Bafour
SO far from being discouraged by It's fate, found
IN 1t the idea of all his future operations. The ALI
ance Group had ingeniousy suggested temperance
and the Alliance of Manchester Therefore, said
JabeZ. must revive this principle; join temperance
and religion. and appeal 10 the same saving classes
Having previously had experience In the office
OF firm OF Parliamentary agents. he came mod
estly before the world In 1867 the virtual founder
OF the Lands Allotment Company from which,
seven months later was developed the Liberator
Building Society The basis OF the organization WAS
expressed In It's Latin motto. "Libera sedes liberum
facit'-a free home makes free man. Its name
was success; hundreds of Congregatl We're
attracted by It's prospectus from a vague idea that
II had something TO do with the Liberia ton
Society, and possibly trading on this be-
Ter an appeal was made To Nonconformist
ministers and others connected with temper
ahce and religious societies all over the land
70 promote Its benencent objects In the first year
they received per cent commission on the shares
ahd deposits. and subsequently y per cent and in
the END round sum OF $4,000 was paid In this
way How thoroughly the moral idea was present
III 'hese proceedings was shown when, in 1871 on
the society removing to Its new Offices n resolution
was adopted that on the occasion of taking posses
"."" ths day OF our new premises the directors de-
sire 10 record their own sense Of thankfulness for
we prosperity with which, as they believe God has
'.'nerto blessed their efforts In the establishment
Of this business" N"'
:" starting these companies Il was OF course d.
eared that they were essentially safe because thar