Imperial Valley press., 1930-04-14
OWNING YOUR OWN HOME HAS
GOOD EFFECT ON CHILDREN

What becomes of children who are
raised in owned homesf In later life,
does such environment leave its
stamp upon them? Do the sacrifices
aud struggles with which M on e y
homes are bought give anything to
children when they go out into the
world?
Is there any connection between
success and early life spent in an
owned home?
Five prominent people, asked this
question by the National Associa-
tion of Real Estate Boards, say yes.
A home owning enterprise can
hindle countless desirable h IL m II
qualities, - ambition, responsibility,
economy, resourcefulnelss, pride and
iove. Do children who have lived in
close proximity to such qualities car
ry them to their own enterprises
later in lifel
Yes, says Ray Wilbur, member of
Mr.. Hoovcr's cabinet, secretary Of
The interior, writing from Washing
ton.
"Practically all of my childhood
was spent in an owned home, and l
think that this was an important
factor in the development of that
family feeling and background
which has played a large part in my
interests in life.''
Yes, says r. w. Babson, noted fin
ancial expert, from his home in Bah
son Park, Mass. 81 was born in a
home owned by my father who
brought me up with these three prin-
eiples: 1-Own your home. 2
Never borrow money with which to
speculate. 3-Never endorse a note
for any purpoe.'' >
Yes, says Walt er. d ill Scott,
president of Northwestern Univer-
sity, Chicago.
~ was born in home that was
owned by my father. He was man
of very restricted finances, but dur
ing the 40 years of his ownership
there was never a mortgage on the
house. We had very definite feel
ing that the house was ours and our
rights in it must not be jeopardized
even by mortgage. In my Judge
ment this attitude was factor in
developing a sense of responsibility
in me-
Effect on Youth
Yes, says Daniel Chester French,
famous sculptor, chevalier of the
Legion of Honor and Trustee of the
Metropolitan Museum of Art, writ,
ing from his New York city studio.
81 was brought up in house
owned by my father, and / never
knew, until about 10 years ago, any
other sort of domicile. About 10
years ago l gave up my dwelling
house i'll New York in favor of an
apartment which l consider a de
cidedly downward step.
q do not know whether being
brought up in house helped me to
Lad more or less respectable life
hut | am firm believer in home.
| do believe that living in an owned
nouse, especially in the country, has
decided effect for good upon the
growing YOUTH
Yes, says Merle Thorpe, famous
editor of "Nations' Business -
Both my wife and | were reared
III homes. owned by our parents. Our
children have been reared in homes
owned by their parents. In each case
the ownership of the home con
tributed greatly to the well being of
the family. My experience has dem
oLstrated that there is truth in the
statement that the ownership of
comfortable home is great source
Of happiness and that it ranks i'm
mediatelv after health and good
conscience
America is rightly proud of the
freedom of opportunity Offered
every citizen and of the encourage
ment accorded individual initiative
we may be equally proud of the
widespread recognition our people
have given to the great benefits of
nome ownership. Yet many more
thousands of our families can and
should engage in the enterprise of
wning homes.
II believe that family Nqmina,
family pride, family culture, and
homi,lc-well-being are fostered
when the family is its own landlord.
N"t alone money savings and physi-
= comfort, but moral and spiritu-
al peneflts of great value can thus