Capital journal. (Salem, Or.) 1919-1980, 1919-10-23
ORGANIZE BIG
CORPORATION FOR
BUILDING HOMES
(Continued from page one)

AOOutlAuC4 ltVhi puSCs OhSJ
National authoritative sources are
unanimous in the opinion that prices
will not be reduced but a very small
percentage over several years with
the result that it is believed that the
present offers as good an opportunity
Ito commence building operations as
inext year or later.
1t is not the purpose of this COM
nlittee to go into the matter of why
prices of materials and labor have adj
tvanced as they have, but rather to
take the face value of the present
| rates and act accordingly.
Build at Present
1t has been asked, Does it pay to
build at the present time, or is it a
wise investment to build now?" To
these questions this committee replies
that to build with the purpose Of sell
ing is as good today as ever, if not
better, because of the keen demand
| for homes. 1t has been necessary in
lrecent months where new houses were
under construction to place the notice
This house is not for sale or rent,
owing to the large numbers of en-
lquiries received from prospective
purchasers and renters.
The accompanying plans are Of the
type Of house most in demand today.
| They will cost, with say a $500 lot,
I$3250, $35 and $3.50, respectively.
!Such properties, to pay interest on
| the investment covering depreciation
land taxes, ETC., would have to be
Irented at least for $25 per month";
little higher rate than has been GUS
ltomary in Salem.
House Plans Submitted
Plan No. / is bungalow 26x28;
has front porch, entrance hall with
closet, living room with fireplace,
dining room and kitchen with the US
ual built in features, two bed rooms,
bath room, back porch and full base
ment with furnace.
| Plan No. 2 is a one and half story
bungalow 26x43; has front porch full
width of house, entrance hall with
large closet, large living room with
fireplace and folding doors into din
ing room, two bed rooms down stairs
with bath and toilet, kitchen and
lpantry, all usual built in features,
1.-TWO bed rooms up stairs, full base
lment and furnace.
Plan No. 8 is a two story bungalow
I33x3S; has entrance porch, reception
hall, large living room with fireplace,
dining room, one bed room down
lstairs, kitchen, Kitchen porch, bath
room, all usual built in features; up
stairs, one bed room, hall and sleep
ling porch. An additional bed room
could be put in. at little additional
cost; full basement, furnace and gar
Iage.
| = Types are Popular
These three types find a ready
sale in Salem today. Considerable saw
ing could be made where the base
ment and furnace ;sare eliminated.
At a low estimates 500 houses are re-
quired and their erection should be
commenced without delay. Concerted
action should be taken at once to see
them built if Salem is to progress at
the rate she is being called upon.
The public service corporations and
Eother large employers of labor in this
icity might also be appealed too, to
interest and assist their employees in
building their own homes. This serves
as a dual purpose; first, it means an
increase in the volume Of business
and second, home owning will in no
small degree. stabilize the labor situa-
ton and greatly, reduce large labor
turn over.
Campaign Urged
| Therefore, we feel that a building
campaign be formulated and launch
ed as soon as practicable. eve state
building campaign" advisedly, as
there will shortly be something more
than houses required, additional
school accommodation is necessary,
even now, and will be more SO next
season owing to the many families
who are sure to move in through the
inducements Salem Is offering Also
attention should be given to the con-
struction of modern hospital in this
city,
The campaign committee should be
Icomposed of men and women who
are possessed of great civic pride and
unselfishness, as it will be an arduous
and thankless task, the only reward
being accomplishment. The organiza-
ton should be financed for the home
building in such way so that where
necessary purchasers may buy on the
installment plan.
4 Trusting that this report will fulfill
the purpose for which we were ap-
pointed,
We are, Gentlemen,
vaY,e x,ar,, Fr,,ly