Perth Amboy evening news., 1919-08-27
Newark Officials Meet Today to
Consider Situation
OTHER CITIES ALSO GET BUSY
New Brunswick Has the Same
Problem She is Trying to
Solve
PERTH AMBOY SITUATION
Many Industries Are Prevented
From Coming Here for Lack
of Facilities
PERTH AMBoY SITUATION

NOT only IN this city, but through
u the state there is a demand for
workers homes n factory space
these conditions have made them
selves felt for some months and at
last in some municipalities the au-
thorities have stated action to relieve
the conditions. Newark's first move
in solving the problem will be made
today at a conference in the city
hall of prominent Newark business
men The conference was called by
Mayor Gillen, following an investi-
cation of the housing conditions in
that city.
1t has been acknowledged by many
financial officials that if a solution is
not found to the housing problem i'm
mediately. Newark faces a crisis
which will take years to overcome.
According to the Board of Trades
estimate, at least five thousand fami-
lies are seeking homes in his city,
n this number will be greatly aug
mented when plants now in process
OF construction are completed.
Many factories starting here, upon
learning their employees are unable to
find homes nearby, are moving to
other cities, where building facilities
are better. The American Chicie
Company is building a $4,000, 900
plant in Long Island City, after hay
Ing built up it's business in Newark.
1t is said millions of dollars are being
earned here each month by persons
living outside the Newark trading
zone.
At the meeting of the inanciers and
business men in the Mayors rooms in
the City Hall today it is expected
that some definite plan will be for
mulated by which sufficient funds for
the building of the necessary homes
in Newark may be secured,
William A. Drabble, comptroller of
the Mutual Benefit Life Insurance
Company in an interview last week
said that an insurance company could
not lend it's money on speculative
building, and added:
IF a building project should be
taken up by such a body as the Board
of Trade, 1t would have our serious
consideration. 1 can not a hat we
would take it up or that we would
not, but we would consider it seri-
ously."
Several weeks ago. the Prudential
issued a statement to the effect that
the company would lend money from
$1,000 to $4,000 as mortgages, for
the purpose of giving the residents of
TINS city an opportunity to build their
W homes. Their plan to finance
speculative building will probably be !
announced soon.
IldnC BullOS Homes
In at least one instance a large
manufacturing plant, the English
Smelling and Refining Company, has
solved its W problem of housing
employees by its decision to put $780,
goo into eight or ten six-famiiy
houses on tn edge of the meadows
with the intention of adding others
later on, If the project is a success,
Henry Ford is confronted by the
problem of housing 1000 employees
he expects to bring to the
kearny meadow plant by November / !
Offices of Newark architects are
hlled with finished plans for build !
ings, and builders declare work could |
De started immediately on 100 apart
ment houses If loans can be obtained. |
Take Money Outside.
Half OF h Submarine Boat Cor !
poration's annual payroll of s2s 900
wv goes to workmen living outside |
the limits of the Newark trading zone
City. ~
The Federa Shipbuilding COMPANY.
A.. Preston Jump of the company re-
Gently told the Rotary Club, has a
force OF 1000 men, of whom about |
1900 live within the Newark trading /
zone.
DR.. Charles F. Kraemer, president
OF the Real Estate Board, believes
n I'M when Newark will seek its
recreation in New York is neal an
end and that high class theatres as
Well as hotels and apartments will
soon be erected here. The congestion
of every nook and corner of New
York, he believes, has advanced the |
Importance and necessity of such a
curse.