Jerome County times. (Jerome, Idaho) 1919-1920, 1920-01-01

| lost by fire. or through decay and tn take care
OF the increase in population. Consequently We
found ourselves about million homes short of
requirements
This situation met, or. rather the govern
ment attempted to meet it, by naugurating the
own Your Own Home Campaign" Everyone
/ was urged to build homes because homes were
needed and because 1t was necessary to supply
work for the many thousands of workers who
were released from the war activities. But, for
reasons that many were at a loss to explain.
there were not and have not been as many homes
Dullt as II was confidently expected there would
De- The real reason for this fact, to my mind, is
that while everyone was urged to build home
no method of financing the home building prof.
ects was devised nor even suggested, by the gov
eminent
To meet this deficiency in the governments
campaign. public-splrited citizens in n number Of
cities dubbed together and furnished limited
amounts of money to be loaned to home builders
The response to this offer so great that the
funds available did not reach half way There
we're several applicants for loans to every loan
that could be made
Thus after nearly year of campaigning on the
part Of the federal government, the state govern
ments, 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 home of his own
lie Knows that he can build home for himself
and his family and pay for 1t while he is living in
H. But he also knows that before he can build
me nome and move into it he must have GER
tain sum of money, small In comparison with the
cost of the home, but large enough so that 1t is
rather 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 II is to make it possible for everyone to ger
together in any easy manner sum sufficient to
build a home that l have suggested TO builders
nd ffor nh liz
every community Of own a Home Savings clubs"
ana these clubs are already springing up in many
localities
The Initiation fee in an "Own Home
Savings club is the desire to own home
Inc dues, payable either weekly or month
ly are what the one who desires a ho,ne fools
that he can spare from his income
The benefits that the member derives from
his club are many. First, he will have q home
of his own Second he will save rnopov
Third, he will have comfortable mace in
which to live; it will cost no more month";
'nah ne pays in rent, and after term Of
years he Will have the greatest of assets-o
home of his own, all paid for and reodu1
convertible into cash
The inauguration Of Gown a Homo Sov,n
club Is simple. All it requires Is Initiative on
the part OF the bankers Of the country. They ora
'he ones VINO must start these clubs And after
they are started predict that being q tnernho. %
lar as owning a Liberty bond or two vvos drrin
the war. Du''"s
Before considering the reasons why .Ovn .
Home Savings clubs" will be popular. lat mo
plain more fully how the plan is conducted
bank that naugurates club should ,nol,o :.
l separate department. just as the ChrIstroos
savings clubs are. Special pass books colIina e.
he deposit OF certain sum at stated intervaIs
should be given the members. Tables .h,
'Xactiy now long it will require the deposition 70
accumulate the sum ne needs to secure q bo,oo ~
lis own should be prepared And knowing u,hot
hat sum must be is the vital part of this nIon &C.,
gives the club member a definite Objective rraI.
way this objective and make it inst n n,or Nc
ave Systematically and the club will fail If yvas
aving such an objective that made the martial
ayment plan Of buying Liberty bonds a sncce"s
he purchaser of bond knew just how much no
'as required to save and exactly how long n,
ould take to accumulate that amount
by first helping the members of the Climb IN ca
'ct the type Of home he wants, and knowing tho
)st of that home, the bank can fix upon the surn
'quired as the first payment. For instance. if