The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1924-03-19

of the lack of education of
some Negro workers by draw
ing up contracts which are inn
possible for the workers to full
fill, and then pocketing the de-
posts of the workers after they
have seemingly broken" these
impossible and often illegal
contracts.
Make Illegal Contracts.
This practice is being carried on by
many real estate concerns on the
South Side, who Negro workers
charge, are able to keep out Of Jail
by paying graft to the politicians
higher up. The usual process is to
place signs in the real estate Office
windows--many such signs can be
seen-saying Gown your own hone",
and explaining how to pay an initial
deposit, and pay the rest on monthly
payments. After the Negro worker
has moved into his new home, feel
ing he has beaten the high rent prob
lem, some un-noticed clause in the
contract is enforced, the worker is
forced to move, and he loses all the
money he has put into his new home.
Then the real estate company puts
another Sucker" into the same
house.
It is well-known fact that one
real estate concern has Ia indict-
ments against it for such practices,
but is allowed to continue them thru
political pull. Many workers told the
DAILY WORKER that the firm of
Joe and Willie Green on 3719 South
State street, even tho their opera
lions be legal, are bitterly disliked
by the South Side tenants because of
-heir gouging tactics.
DePriest Cheats Workers.
Another example Of unethical leas-
ing was called to the attention of the
DAILY WORKER by the lady who
rents the house at 3241 South Wabash
Ave. She called attention to a lease
lrawn up ty the Oscar DePriest Real
Estate Company, leasing a small
apartment to young friend of hers
who thought he had signed a lease
the end of the first month this lads
rent was jumped five dollars month.
Rather than make trouble, the lad,
who could not read wen, paid the in
crease. But every month after that
his rent was jumbed another five dol
lars.
At the end Of six months the ten
ant was paving $50 per month for a
fat rented, as he thought, on a year
ease is subject to five days notice."
awyer pointed out to him a clause,
written at the top of the lease-"This
ease is subject to five days notice"
Thus do wealthy Negroes profit on
he lack of education of their own
Race. This firm is heartily hated
imong the South Side colored folk.
This fiat was located on Seth Street,
rear Wabash.
Porter to Rich Skinfiint.
Every old resident of the South
Side can tell you the story of the rise
If Jesse Binga, now reputed to be
millionaire, who owns the large
bank at seth Place and South State
Street, one of the finest buildings on
he South Side. Binga, SO the story
runs, was at one time a Pullman
porter.
Years ago Binga conceived the
dea of inducing white landlords to
allow him to take over buildings on
he edge of the restricted areas
which were inhabited by whites, turn
out the white tenants, and replace
them with Negroes at much higher
rent. For this, we are told, Jesse
Binga received a fat commission and
started his bank and real estate con-
Germ. Jesse Binga was the first Judas
in the field--the first Negro to make
a million dollars at the profitable art
of turning the discrimination against
his Race into profit for himself.