The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-04-04
BUILD TEN THOUSAND
HOMES FOR W0Rk|NGMEh
splendid Enterprise Shown BY Ar
gcntinc Government i'm Provid-
Ing Tor Its Laborers.
TO ISSUE INTERNAL" BONDS
New York Contractor Lands job and
Must Completes Work In Five
Years--Iiomcs Furnished nj Actual
Cost

I Ten thousand homes for working
/ people are TO be built In Buenos Aires
/ within the next i've years. according
( 10 a news tenn in the Bulletin Of the
| Pan-Amcrcan Union, Washington.
d. e. At first such an announcement
would not seem to be of very much
interest to the people Of the United
States. but when a contractor from
+ Buenos Aires recently appeared in
New Orleans. La, and let ii be gem
orally known that he was there for
the purpose of buying about 10000
600 feet Of yellow pine and some s.
000 .000 feet Of cypress lumber. the
producers OF these commodities In
the state uf Louisiana and neighbour
ing sections Of the Gulf coast at once
became alive 20 the situation and in
CURED Tor particulars.
They found that the Argentine
Governmen. had evolved a scheme
for the hettermcnt Of the living con
diuons II tho laborinR classes in the
larger cities Of the country by plac-
FMS the possibility of owning their
homes within their. reach. To ac-
Cuinplish THIS the Government has
entered into a contract with large
New York company for the erection
)
Aging district Of the Argentine CAPT
tai Each house is to have not less
than i've Toous. Kitchen. a bath
room @eW"r connections etc, must
front on a street or public passage.
and must nc Within four squares OF
! y street car line or q railway sta
+ ton.
These houses are to hc sold, prefer
/ ably to ARGENTINE citizens in the ON
Z. ,,Iprf ~ Government ar
stailmcut plan whereby the purchaser
obHEateG uiueelf To pay S23.66 per
! month until the mortgage loan OF
$3.50 has been repaid with Interest
+ mt the rate Of per cent per annum.
1 Houses not taken UP by employees OF
! the Government are 20 he sold to
other applicants Similar projects
are under way in Santa Fe and other
/ provinces Of Argentina. the houses
in most cases being smaller and less
expensive, thus reducing the amount
of the inStallments and enabling
/ workmen with incomes OF less than
500 per month to become purchas-
crs.
! The feature which makes the plan
/ feasible is tho fact that the Govern
ment Is 10 issue a series Of what are
known rs internal bonds bearing
interest at the rate Of per cent.
which il Ietds 10 the construction
companies, thereby enabling them %
finance these large projects. Much
/ Of the imported building material IS
also to be admitted free Of duty
Willie the Puenos Aires project is
/ perhaps the largest launched 50 far
the ideh of governmental aid in the
building OF homes for workinGmen
is not SO very new in the Latin
American countries In 1910 the Gu
+ ban Congress- passed law author
i izing the executive department 10
construct 1000 small cottages. each
to ne assigned by lot TO native born
ar naturalized Cuban heads az faml-
Hes Of good conduct, having no
personal resources other than the re-
+ suits Of their labors. and whose
/ names were properly registered The
houses were to be built Of brick and
tiles al leaet thirteen feet high, and
- contain n living room, dining
room. two bedrooms. Kitchen, hath
and toilet. the lots to be at least
nineteen and one-half feet by sixty
FIVE feet ITorkmen placed in pos
session ar these houses pay S2eo
within the first ter days of each
month. which amount is applied 10
! the interest and amortization. pay
nent of water service ana expenses
! of 'admini e ration. When the pos
SCISSOR has repaid the amount OF the
actual cost Of construction ana tRt
other onlieati0ns the state gives Aim
a deed to the property The houses
/ arr. pxolnpt from the payment or
building IeAs official charges and "f
ali taxes CurinR the ten years IN
which th,, purchaser agrees t. pay
far the property Under the proVis-
! IONS of this law up 10 January L.
ifQl4 q5p n,nses had been construct
Cd In ffabapa. forty-dve in Pinar Del