Show r y II d Aiding Home Builders I I HECK radicalism by encouraging home building is the a advice vice E L given by Raymond R. R Frazier of Seattle to bankers and finan- finan I ers attending the St. St Louis convention of the American Bankers' Bankers Mr Frazier believes it a duty of the bankers to do 1 ir best to finance home building projects uT The home homb is the savior of the nation JJ said the Seattle sj 1 eI elegate gate and men who own their own homes do not think of B Bolshevism ls I. I V. W. ism W.-ism and kindred diseases which hr are r spreading over ver the country Many more m men n would own homes if their i checkbook permitted and it is up to tb the American bankers to tomake tomake make these advances JJ S It t is splendid advice and advice which bankers generally have I I i rt following in all progressive communities But there is a bint q t t beyond which the ba bankers kers cannot go For the protection of their clients they must avoid financial undertakings that even Border upon the uncertain they must charge a a arate rate of interest h hat ht t. t will will guarantee the stability of the bank they represent so i. i m many ny and varied interests that they cannot take a chance by one particular element 1 i t If home buildings will accomplish such a desirable result as pictured by Mr Frazier and there is every reason to believe it k would the proposition should appeal as a duty to our government Suppose for instance the government should undertake to l lend nd money oney for home building at a 5 S per cent interest rate the notes to run for twenty or forty years Most people could then afford to build homes and while there w would uld be an element of risk that would be impossible for banks to assume the risk would not be so great as to disturb our national nation t government 1 It would not be a money making proposition for the government government govern govern- ment perhaps but we believe with Mr Frazier that it would stop much of the existing radicalism And in a few years the increased tax revenues would greatly aid the growth and prosperity of the communities in which we live Property now unoccupied and producing producing pro pro- nothing would be covered with a house and a family garden garden garden gar gar- den plot better citizenship would result result- industry be encouraged and he the stability of our our country be increased I y We are not favoring the nationalization of land We Ve are b t suggesting the utilization of land by government operation so I that the salaried man may speedily become a home own owner r and Presidency residency be made more permanent than it can possibly be under il existing conditions |