Audubon County journal. (Exira, Iowa) 1884-1993, 1920-01-01

mllllOQ MONIES COuSliuSlcu
each year to replace those
frAs.or through decay, and to take care
use in population. Consequently we
ives about million homes short OF
nents.
ton was met, or, rather, the govern
pied to meet it, by inauguratng the
Own Home Campaign" everyone
to build homes, because homes were
because it was necessary to supply
he many thousands of workers who
sed from the activities. But, for
at many at loss to explain,
81: not and have not been as many homes
ri. was confidently expected there would
sreal reason for this fact, to my mind, Is
#a everyone was urged to build home
I'd of financing the home building prof.
devised, nor even suggested by the gov
Feet this deficiency in the governments
s,n, publc-spirited citizens in number of
dubbed together and furnished limited
IS of money to be loaned to home builders
esponse to this offer so great that the
available did not reach half way. There
several applicants for loans to every loan
Ycould be made.
nus after nearly year of campaigning on the
of the federal government, the state govern
ats, chambers of commerce in thousands of
IS and by organizations made up of public
,,irited citizens little has been accomplished.
,Eve.y man of family wants home of his own.
knows that he can build home for himself
mis- family and pay for it while he is living in
$But he also knows that before he can build
home and move into it he must have GER
"A sum of money, small in comparison with the
st of the home, but large enough so that it is
tther difficult to get it together. It's that first
payment that has baked the desire of thousands
upon thousands of families to have homes of their
own. 1t is to make it possible for everyone to get
together in any easy manner a sum sufficient to
build home that have suggested to builders,
bankers and the public generally the formation in
every community of "Own a Home Savings clubs
and these clubs are already springng up in many
localities.
The initiation fee in an "OWn Home
Savings club" is the desire to own home.
The dues, payable either weekly or month
ly, are what the one who desires home feels
that he can spare from his income.
The benefits that the member derives from
j his club are many. First, he will have home
Of his own. Second, he will money.
Third he will have a comfortable place in
which to live; it will cost no more monthly
than he pays in rent and after a term Of
years he will have the greatest of assets-a
home of his own, all paid for and readily
convertible into cash.
IN The Inauguration of a Gown Home Savings
j" is simpleI All it requires is initiative on
part of the bankers of the country. They are
BIZ ones who must start these clubs. And after
ley are started predict that being member of
Y, "Own Home Savings club will be popu-
Sr as owning Liberty bond or two during
ne war.
Before considering the reasons why Gown
9,me Savings clubs will be popular let me ex-
ain more fully how the plan is conducted.
bank that inaugurates club should make it
separate department, just the Christmas
rings clubs are. Special pass books calling for
sb deposit of a certain at stated intervals
s,uld be given the members. Tables showing
gactly how long it will require the deposltor to
l.cumuate the sum he needs to secure home of
s should he prepared And knowing what
lust be is the vital part of this plan for
e club member definite objective Take
objective and make it just plan to
matically and the club will fail It was
an objective that made the partial
of buying Liberty bonds success
Z. of a bond knew just how much no
10 save and exactly how long II
accumulate that amount
the members of the club to Sc
lne he wants. and knowing the
he bank can fix upon the sum
payment. For instance IL a