The Detroit times., 1914-05-15

a
United States in fact. TO all parts or
the world. you find that behind the
DEVELOPMENT OF municipalities civic
pride is the most important FACTOR.
Ii SPURS people on TO work for the eX-
pansion of the specific communities
in which they live IL stimulates them
with ambition TO make their cities
the greatest especially in their own
conception. within the province of
human thrift Travel here YOU Will,
YOU undoubtedly hear the expression,
"Oh. yes. | have been in Detroit, II
is a beautiful city" or II have heard
a great deal about Detroit and ! eX-
pect TO visit il as soon as the oppor-
tunity presents itself Thus, the civic
pride of our people is reflected in all
parts OF the world Ii breathes an
atmosphere Of progressiveness. 1t
speaks for itself in the scores OF
parks Fairgrounds. and other ideal
recreation spots which have been
provided in DetrOit for its people
in the great outdoors where invigor-
ating breezes from lakes and river
put health glow in the cheeks and
renewed vigor in body and mind
Now back of this civic pride, there
must always be a kindly concern for
the great group of working people.
Detroit has maintained position in
the front rank OF municipalities that
nave had the welfare OF their work
ing people foremost in their mind.
But the remarkable development OF
this city in the past ten years has
brought home timely suggestion
or, question. rather: Are there
enough homes OF the proper type for
our people who toll ?" This question
will surely bear investigation
A man always can discuss his own
business experiences better than
those Of any other person For this
reason il is necessary that | refer
TO the establishment with which | am
connected as il is related tO the frugal
class in Detroit. The purpose or such
an institution Is cooperative. 1t sup
plies an incentive for people to save.
IL sells first mortgage gold bonds on
real estate with the title insured and
pays five per cent. No better guaran-
zee OF security can be asked In this
way people are impressed with the de-
sire TO set aside as much as possible
of their earnings with a view TO in
surfing the future. They are gripped
with a determination to build their
own homes some day and, with say
ings set aside, can reach the goal
OF their keenest hopes. The German
American Loan and Trust Company
sells bonds on payments as easy as
So per month for instance. IL man
wants to acquire one valued at 500
he can pay down 50 and add the same
amount each month While he is pay
ing this way the bond pays four per
cent, and after he has paid for
IL In full il yields five per
cent We believe our institution is
serving a good purpose i'm that ~ pro-
notes thrift-in fact. the growth It
has enjoyed convinces MS that the
people have responded literally to our
conscientious efforts My experience
has convinced me that there is not
a more prudent and progressive group
OF people In the United States than
we have in this city, and / consider,
and every official OF the German
American Loan a. Trust Co agrees
with me. that there is no more sub
stantial and safe security than Detroit
real estate on which all our loans are
made at five per cent Our company
has $2,00O000 outstanding on It.
The permanency OF Detroit real es.
tate lies Fundamentally in the efforts
Of the working people OF Detroit. They
are contented and their progressive
spirit gives inspiration to people In
all other sections OF the country And
behind this state OF contentment is
the inspiring element--civic pride,
which / set forth early in this article.
IL has been instrumental Ina the es-
adjustment OF all OF these recreation
spots. OF all OF the productive steps
that have been taken for their we'll
being. and | am sure. will lead TO
grVoter things in time to come The
} splendid things we have learned from
he past are reinsurance for the flu
ture