The Bridgeport times and evening farmer., 1921-05-20

| The Connecticut League of Local 1 Building and Loan Associations will
 meet in Hartford tomorrow. Bridge 1 port will send q strong delegation
 J. N. Standish of Bridgeport is presi | dent of the league. MT. Standish puts | his stamp of approval upon the fol- | lowing philosophy of home building, | for which credit is given to F. l.. | Wells of Wellsville, Ohio They were l first expressed by MT. Wells before l the Hamilton County League, Cham | Der of Commerce, Cincinnati, Ohio: | Various industrial housing schemes have been attempted beginning back l in the early eighties with the town | of Pullman which is recorded a l failure because of the unwise pater-
 nalism of the company's attitude to- ward it's employees. In some instances the industrial company has financed, built, owned, maintained, and operat- | ed houses for the employees. This | is distinctly a renting arrangement and has proved highly unsatisfactory l both to the company and to the men. Another plan has been to have CO., operative house ownership in order to avoid landlordism and paternal- ism and share the burdens and bene- fits. This idea has had its greatest development in England although some examples are to be found in our own country. For manifest reasons this plan in this land has not been
 used to any extent and with unsatis
 factory results where tried.
 In America private home owner ship is the only plan with any chance
 of success. Recognizing this prin
 ciple, in some instances housing bur
 reaus have been formed by the parent
 industry which owns and controlls the stock. and the subsidiary corpor- employees. The enterprise is subsf
 dized directly by capital invested by the parent industrys
 Too Much Patcrnal;Sm.
 In other cases. as is the plan of the United States Steel Corporation. funds are loaned to employees to buy homes of their own selection. But all of these plans carry with them a very noticeable taint of paternalisn. and too close q reEati ionShip between the industry and the housing bureau does not appeal to free-born Aneri- can workers
 The truth is that the building and loan societies. by vast odds afford the best means of securing homes for the wage earners of America They are cooperative and free from paternal- ism They afford the wage earner an honorable, practical means of buying the home of his own choice. built and furnished to suit his own taste. and upon plan of payment within his means. No other plan or device can compare with the building and loan association in the accomplishment of the purpose for which q is organized.
 If the owners of industries sin cerely desire to have their employees thoroughly satisfied and contented, and enjoying the benefits of home ownership, they cannot possibly do better than to encourage the OrSanl- zation of building aid loan associa- tions managed and controlled by the employees themselves
 And in industrial communities wher building and loan companies already exist, the best service along this line which the corporation can afford it's employees is by the deposit of funds in the local building and loan associations to enable them to adequately meet the requirements of home builders in their locality. Such an investment of funds by industrial corporations would be not only abso- lutely safe, but would exempt em p!oyes from the stigma of pa;ternal- ism which invariably attaches where the company attempts either directly Or indirectly to own or control the homes of it's employees.
 A notable example of the right way to solve the housing problem for em- ployes is afforded by the Jeffrey Manufacturing Company of Column ing and loan association is operated 1 with great success by the employees. l with a membership which includes more than 50 per cent. of all the | ton.
 .. B. & l.. Association.
 In most every industrial commun- l ity of this state, and in most other l states, there are in existence build | ing and loan associations with the | plan, the equipment, and the organ ization fully adequate to meet all To- | cal demands if only they could ac- cumulate sufficient funds. If the | real merits of the building and loan association plan were understood by the men of affairs in this country, greater support would be afforded our and a long step would be pleXing housing 'roblem. It is in ieed unfortunate that the time Of our state secretary and general officers must be occupied in defending our orga nizations from unwise and unin- telligent legislation. The time has come for a great forward movement
 Our institutions are sound to the heart. and may without fear. court he lime-light- The great need of he hour is a wholesome propaSanda which will convey to the people of his land the great advantage and vii al relations which the building and oan movement sustains to every com The principle of home ownership which we foster and pro- mote is fundamental to society It s not only essential to industrial sta oilicy. but 1t affects as well the very of the Government itself: md Of a truth the American home is -he safeguard of American liberties; put not only is the principle of home ownership of vital concern to our lies at the very foun- iation of our modern civilization"
 All Desires Home.
 "Deep-seated in the breast of every real man and woman is the desiro to