Los Angeles herald., 1908-08-23
NEW DEVELOPMENT
IN HOME BUILDING
Splendid Opportunity for the Wage
Farmer to Own Pretty Home

This is truly an age of corporation, every
great or important undertaking within the
last century has the outcome of cooperative
effort on the part of people or nations, and
never have seen the effect so wildly
portrayed as in the last decade.
Nations are cooperating to do away with
strife, and though their efforts have not
been entirely successful, we see a marked
Improvement in the arbitrative instead OF
arbitrary means of settling differences.
Men of capital have combined their in
terests to further the great railroad indus
tries, where no one man could handle the
stupendous propositions confronting the
blazers of transcontinental lines, the COM
bined effort of many minds, influence and
money have brought about the seemingly
impossible.
In the great irrigation problems and good
roads agitation it has taken the co-opera-
ton Of many men and long time to make
them felt as national need and more
than that a national requirement.
Many of the substantial structures builded
in our own city are the result of syndicating
capital and men in cooperation Mucn
of all the good we enjoy in this day and
age is the direct result of cooperative effort
on the part Of men of our own day or the
fruit of seeds sown in an earlier day.
Take our citrus industry for instance, can
we not trace It back to the time, and that
not long since, when 1t was an experiment
and a costly one at that? 1t is not so very
long ago that the lemon growers of this
great state met to discuss the cutting out
or their trees because or the excessive loss
between the trees and consumer. Corpora
tive effort among the Fruit Growers associa-
lions and notably c. C. league and C. w.
Leftingwell raised the necessary funds which
added to the moneys appropriated by the
department of agriculture, made il possible
for Professor Ramsey to spend several
months investigating the cause of the great
loss and the finding a remedy. This one
cooperative effort alone has saved to Cali
fornia her greatest industry. This is but
one of the many incidents that might be
cited showing the great good resulting
from cooperation.
But when and where does the laboring
man or man with small salary get the OPP
portunlty to cooperate with his fellow
workers for his own good? They are few
and far between indeed. Many men of these
classes are looking for just such chances
of cooperation taken advantage of
by his more fortunate brother-the man
with money-but they are not as rule
fnanciers and led by many golden
promises to invest their money in things
that are not fruitful of profit and innocsntly,
for they have not the means at hand to IN
vestigate before stepping blindly into what
looks at the time good but which proves but
a sad lesson on the ickleness of chance.
There is Unborn desire in the heart OF
every man to better his condition, and 1t is
this desire that leads him to place his
money with the moneyed interests in tn"
vain hope that he, too, may taste of the
fruits of success and in time be Independent
in his own home under his own vine and fig
tree. 1t is this desire that leads him to
invest his money in propositions fruitful Of
great gain. 1t is the desire for the al
mighty dollar, not that he may have the
dollar itself but that he may enjoy the
comforts that that same dollar will provide.
Follow it down as you WILL that desire
leads to but one end and that the word
HOME.
The most recent cooperative effort Of
note is the syndicate of men being formed
from among the wage-earners in this city
and this is a broad term, for we are all
wage-earners to help themselves and each
other to get a HOME-that laudable ambi-
ton of every man. This syndicate pay into
the Merchants Trust Company each month
fixed sums ranging $40, s12 or s14 and hold
as security an interest in a mortgage given
by some one member each month for the
loan of this money to him at per cent.
The club is regularly organized body with
its board of directors elected by the CLUB
from among their members to transact the
business of the club. Every man receives b
per cent on his monthly deposits before he
becomes a mortgagor, so that his money is
safe and earning him money and Will even
thally win him a home. He may be the
fortunate one to get it this month, 1t may
be next and 1t may be later This club,
known as the Sunset Building club, has its
headquarters at 432 Security and is des-
tined to become one of the permanent
strongholds of organized effort on the. part
of the wage-earners in this city.