The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-01-16


lost by Are. or through decay. and to take care
of the increase In population. Consequently we
found ourselves about q million homes short Of
our requirements.
This siiNnton was met, or. rather the govern
ment attempted to meet II. by inaugurating the
Own Your Own Home Campaign" Everyone
was urged 10 build homes because homes were
needed and because Il was necessary TO supply
work for the many thousands OF workers who
were released from the activities. But, for
reasons that many nj loss to explain
there were not aud have not been as many homes
built as u was confidently expected there would
he. The real reason for this fact. to my mind. Ii
that while everyone was urged to build n home
no method Ut financing the home building prob
Gets wns devised, nor even suggested. by the gov
ernment
10 meet this deficiency In the governments
campaign, puhic-sprited citizens In number OF
cities eiuhbed together and furnished limited
amounts Of money tn he loaned To home builders.
The response 10 this offer wns great that the
FUNDS available did not reach half way. There
were several applicants for loans TO every loan
that could he mn,le.
Thus after ncnry year OF campaigning on the
part OF the federal government. the state govern
nrnts chambers of commerce In thousands OF
cities and by organizations made up of public
spirited citizens little has been accomplished.
Every man of family wants a home of his own
lie knows TINT he can build u home for himself
aud his famlly and pay for II while he Is living In
w. Rnt he also knows that before he ean build
the horne aud move into II he must have u Ger.
tain sum Of money. small III comparison with the
cost ~ the home. but large enough that II -
rather difficult 10 get Il together. It's that first
payment TINT has baked the desire Of thousands
upon thousands OF families To have homes of their
own. II IL To make II possible for everyone 10 ger
tosether IN any easy manner sum sufficient tn
hnid home that ! have suggested tn builders
every community of Own Home Savings clubs"
snd these clubs nre already springing up in many
The Initiation Zee In nm own Home
Savings club" Is the desire TO own a home
The dues. payable either weekly ar mouth.
~ nre what the one who desires home feels
TINT he can spare from his Income.
The benefits TINT the member derives from
his club are many. First. he win have u home
Of his own. Second he Will save money
Third ne VIII have comfortable place In
which To i've: u viii cost no more monthly
than he pays In rent. and after n term Of
wears he win have the greatest of asset~-a
h.a.c af his own all paid for and readily
>,nyerthle tnto cash
The inauguration OF Own q Home Savings
uh" il simple. Az II requires Is initiative On
he part ef the bankers Of the country. They are
h. ones who must start these clubs. And nfter
hey are started predict that heIng n member Of
IN .t'WH " ttnhe savings VIII he \ tsalt
ar as owning Liberty bond or two was during
he war;
Before considering the reasons WHY Own
iome Savings clubs" viii h. popular lei m. .x
lain NOR. fully how the plan Is conducted,
A hank that lnaugurates club should p,nI. !,
separate department. inst IA the ehristm,s
savings clubs arr. Special pass bookS calling FIR
he deposit of certain sum ut stated tn,,r,.ts
hnuid hr given the men,bers. Tables shoain,.
xnetl, how iesc 4, will rcanirp the ,i.pnsitor p,
the sum ne,Sls 70 see,ir. N h,p,. ~
lis should be prepared And Knowing Nh,
hat sum must he Is th. vital part of this pIan far
: gives the club neniher n definite objective Tak.
'wny this objective and make u Just n nian IN
ave systematically and the club VIII fan \, ,,ns
,aving such an objective that made the partial
,ayment plan of buying Liberty hon,ls a s,,rN,S>
rhe purchaser Of bond knew Just how much hs
vas required To save and exactly how Ion, n
would tnke 10 accumulate that amount
by first helping the members OF the club 10 s.A
est the type of home he wants. and knowIn. th.
ost ot that home the bank AK upon th.. sum
saa1r.d - the first payment. For ins,unc. If a