The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-07-16
A CITY THAT HELPS ITS
FAMILIES TO OWN HOMES


had bought a motor car. nllhohrh he
never had felt sbIr 10 Day a home Of
His own. Tho directors were frank
He VIVA advised to sell ihp car. They
told him a home VA mncn more de-
airabic than a a md niier he had
bought aud paid FOR ne home he thcn
could buy another car. He afreed
and the directors went cut and ound
a buyer FOR tina machine. With he
monay thus derived. ne made q first
payment on the house. The foundn-
ton had advanced nothing ert ad-
vice.
Men 70 Give Advice.
THAT h anothcf good feature Of
the Wellington plan. esid Mr. burka.
Persons DESIRING 10 obtain a home all
Ways can secure the 1dftce Of the
csty'n ablcat business men. Many
tlins- 80 can save them moneY IN that
way. obtain better locations o. direct
them how 70 conserve tAeir money
and put Il 70 better pufpoto. That.
too. y ono of the aims Of the foonaa-
ton
Another way in Witch the founda~
lion works tan be seen n the case or
Il. a railroad mnn with n good job.
% had $500 worth Of liberty bonds
nearly paid for. lie long had adj
mlred a pretty brick Dungaiow on
one OF the clty'a best rfsidenco
se.7o0. but he had Insufficient
money to meet tho demand1 Of the
owner. The dircctorH Of The fopnda-
tlon believed Il was the Kind Of clti-
zen a town should have. 80 the
Foundation advanced him enough
money TO handle the deal. vi - yo-
cured by a second moruanEe hold ~
tho foundation.
tulrd examine Is furnished by the
case OF G.. lie desired 60 buy the
house he wns living in and had tried
to obtain aid from TIE local building
aud loan association. But tsc ASSOC
ciatlon required that a min ue fbio
"a pay down one-third The purchass
price before 1t advanced the remain
Ing two-thirdn. 9 couldn't
that necessary one-third. hut n
Homo Foundation backed him for
that amount and the huiidiHF aud
loan people then furnished the de-
sired aid.
In contrast 10 these csses may hs
polnted out that Of ID. He has lived
in the same house IN Wellington. n
rented ono. for eighteen years. and
during that time he has paid s2,79o
In rental The property Is valued
Nobody Interested In the fonnda-
ton makes any direct profit. Nobody
receives any salary OF any ccmmis-
sions. Tho money gieen 20 the
foundation fund never ran be used
for any other purpose thnn helping
10 buy homes. All interest frcm
deals Roep into the fund which, a.
a result. will increase ereauy Win
years. And. as a increases, 90 also
incrcaeos its possibilities for helping
the city and thoAe who I'VE IN the
city.
In every case where aid Is advanced
the directors endeayor 70 make tho
monthly payments by no homo say
or high enough that some Eacrtfiee
is rendered necessary. This Is done
10 instiii the habit OF THRIFT n care
fui saving. >
plans Please oscrno ALEU-.
Among the first persons 20 take
note OF the Wellington plan was Gov
ernor Henry J. Allen. He wrote the
directors:
/ have read carefully your Home
Foundation program n write TO tell
you how glad 1 am II has been START
"a. There Us nothing so fundamental
In ali the world as the doctrine OF
homo ownership. which u = organ
tied 20 carry forward. l believe YOU
can use such n fund to extend the
circuit u NNNNnNN|A1 ~
would become home owners " the
only could get a little start.
The wellington plan has Interested
not only the governor Of Kansas. bat
the United States departments of la
Dor and OF commerce. together with
numerous cities and towns. The oe-
partment OF labor. through is hous-
ing bureau. has lent a strong ENDORSE
ment " the plan. Several Kansas
town. have investigated II and have
announced their intention OF adoptng
the plan at once. Omaha n three
Iowa cities are interested In u.
There rs no credit due 20 me;
mereI, have fuiniIed an obligation
Mr.. Woods said. I'VE AL have heen
too selfish: we have lived too much
for ourselves with too little thounht
for our nciEhbors. We have studied
the need Of those afar off n sent
them succor. hut we have been un-
mindful OF those living about ua. We
feel tEat this plan is an answer 20
that neglect. We feel II is the neat
est response we can give 10 the pre-
cent OF the Man OF Nazareth;
Whatsoever ye would hat men
should do to YOU. DO ye even SOTO
them