Fitzgerald leader enterprise and press. (Fitzgerald, Ben Hill County, Ga.) 1921-1964, 1926-12-09
Fitzgerald High Be
County Wide School.
BUILDING AND LOAN WEEK
BE OBSERVED this MONTH

organization of nine new building and
loan associations in as many Georgia
cities and with expressions of approx
al throughout Georgia, the Georgia
Building and Loan Leagues Educa-
tional Campaign Thursday seemed as
sured of sensational success.
The Educational Campaign launch
ed at a State League meeting Novem-
Der 1e is to reach a climax during
the week Of December Is to 1S, has
been designated as Georgia Building
and Loan Week. During that week
newspaper stories, newspaper adver-
Using, public speeches, civic club
meetings and all other available med
iums will be used to broadcast
throughout Georgia the benefits to be
obtained through Building and Loan
development in Georgia. The cam
paign is being adequately financed
by contributions from various Build
ing and Loan Associations through
out the state and from business men
and bankers from Atlanta and other
towns who believe tho building and
loan movement is the key to the nj
innate development Of all Of Geor-
gia's vast national resources.
George W. West, president Of tho
Georgia Building and Loan League
week, said Saturday, "the spirit Of
the men who are sponsoring the cam
paign is the finest Of any civic move
ment with which I have been connect
ed. The League asked at the outset
fund Of $1,000 of which to finance
the Educational Campaign at the OH
ginal meeting. This fund was over
subscribed and since the meeting ad-
ditional contributions have been made
without solicitation, carrying the
fund substantially over the amount
originally asked"
The cities in which new building
and loan associations are to be start
ed as a result Of the campaign are:
Newman, LAGRANGE, Summerville, vi
dalia, Rossville, Cordele, cambridge,
Gainesville, Carrollton, Hazlehurst
and Alma.
Expressions Of endorsement have
come from leaders Of all walks OF
life throughout the state.
w. r. C. Smith, former president
of the Atlanta Chamber Of Commerce
said, 1.-THE Chicago Building and Loan
Association helped me to build my
first home. I would not have saved
and would not have gained the Gle.
ments of thrift had it not been fol
this opportunity"
F. A. Wilson-IAw1snson. publisher
Of the Atlanta Georgian said. 81
know that one Of the greatest factors
in the city Of Cleveland IS tbs build
ing and loan association, and II We
are to bring people down here
through our Forward Atlanta Cam
paign, we must help them find homes
and help them save"
Milton Bell, cashier Of the Federal
Reserve Bank said, "By making home
owners Of those people we make them
better citizens with an interest in the
welfare Of the community. Anyone
who has invested in q business or
community will have the interest Of
that business or community at heart,
and will not become radical. It is
on this theory that many corporations
are distributing stock among their
employees"
Ward Wight, former president Of
the Atlanta Real Estate Board said,
81 am heartily in favor of the move
ment. It is the best thing that has
happened for the real estate business
of the State. There is only $780,
600 invested in building and loan as
sociations in the entire state while
several times this amount could be
loaned to home builders in Atlanta"
Ivan E. Allen, chairman of the
Forward Atlanta advertising said,
"Such associations, through absorb
ing surplus capital of persons of mod
est means as well as the rich during
times of high prosperity, leave read
lily available store of wealth for the
entire community in periods of strin-
gency, enabling building operations
to continue regardless of the price
of cotton or the conditions of Wall
street."
E. R. Black, president of the Allan
ia Trust Company, said: 81 am a
great believer in every man owning
his own home. 1t makes him a bet
ter citizen and the state whose people
own their homes will be conserva-
tive state and one in which the bust
ness interests will be amply protect
ed. Building and loan gives them
this opportunity"
T. C. Erwin, vice-president of the
Citizens and Southern Bank said, 81
am heartily in sympathy with local
building and loan associations where
they are operated under prudent,
conservative management, and be-
lieve that such companies are bless