The Sun and the New York herald., 1920-07-11
Stage Is All Set for City
Workers to Acquire T Homes

Two direct movements offering relief
i the housing situation are under way
3s result Of the activity of the Mayor $
7ousing Conference Committee. A loan
assoCiation which will advance money,
10 be repaid on instalments within an
eleven year period at a rate within tie
zach of even the most moderate sal
3ries, is being formed for the special
benefit OF the city employees. A CO.
operative association on similar terms Is
also projected for the trades union men,
Oers Of the city.
Behind each movement are leaders OF
the real estate business and those o. city
service and the union federations. For
nation Of the City and State Employees
Savings and Loan Association progressed
on Friday to the point of organization
and a request for a charter. The asso-
c!atlon will be operating in less than a
fortnight, It was said yesterday at the
Office Of Frank Mann. Tenement House
Commissioner. Money sources have been
Investigated and pledges obtained where
BY more than adequate funds will be
made available for loaning purposes and
more than 1000 lots have been provided
through the association in Queens and
similar number In Brooklyn.
The rate Of loan will be so cents a
month for each 800, with an interest
charge OF so cents a month in addition
Thus for a $1,000 loan. which Is re-
garded as the standard for the erection
Of home large enough for partial sub
lstting, the members of the association
will pay in $50 a month, or $500 year,
At the same time depending upon the
sort Cf stock they purchase in the COM
iany in which they are sharing in divi-
dends.
Those Back of the Plan.
The hackers Of the association, in
Guiding many of the members of the
Mayors Housing Conference Committee,
are Frank ]. Prial. Deputy Comptroller
and president Of the Civic Forum, an
organization representing the city en-
poyees; William Z. Walsh, City Ap-
praiser in the Office Of the Comptroller !;
frank Mann. Tenement House Commits
aoner; Collin H. Woodward, secretary
oi The Borough of Manhattan, and Re-
publican leader; George J. Powell, an
Smcial Of the Fire Department Will
IAN F. Doyle. chief of the bureau OF fire
prevention; John j. Waldron, Fire De-
WfIment captain in charge OF the spe-
SaI service department; Duncan Mac
ttnniS' Chief City Accountant; Daniel l..
n!an' Deputy Transit Commissioner
Aosialde L. Mcnamara, chief of the
ntllare division of the Department OF
neaLth; Edward j. Byrne, secretary to
tSe tenement House Department; George
w.. y, .McGann, police detective sergeant;
%Lliam r. Bradley, secretary OF the
S'H Forum. and Edward p. Doyle,
secretary Of the Mayors Housing Con-
Nfence Committee.
articles OF Incorporation and the by
avs have been drawn and will be filed
S I'm the Secretary of State this week,
ata the application for charter. There
I!S'OOO city employees, and II Is ex-
y.S'ea that more than 5000 will come
@ "'o me association at the outset. This
N guarantee the success Of the CO.
,,H@INe plan, and there is every indica-
~. a. nat the expectations will be more
s -an met In view of the unusual induce
ms tnat can be offered through the
~ehdIy cooperation OF the Mayors
NUhmltee
mn, ,ne appeal Of the house owning move
i.n' which real estate men now find
h. ssInlns a strong grip on the city. will
a, parucularly strong, 1t is felt. so far
N. une city employees are concerned.
,,.., cooperative association may have
m.,I v.ner effect. which is not overesti-
IA ~ OF bringing greater contentment
"'oSe IN the city service. While eff