Lakeland Evening Telegram Newspaper, June 9, 1914, Page 8

BUILOING & LOAN ASS'N WOULD BE G0OD THING FOR LAKELAND (Continued from Yesterday.) (Contributed.) 5 - One “stranger’” took seriously the call for a “building and loan asso- ciation” here, was requested to re- turn in the fall and organize one at Lakeland, and was assured that at least a dozen of her well-to-do and public-spirited citizens would each subscribe for a $1,000 of its paid-up stock and with the many that would then take from $100 to $500 each, he saw it could be inaugurated on qpite a large scale, anq do a fine business from the start, for it was evident there would be plenty of bor- rowers. Consequently he promised to return, and, while north for the summer, posted himself on their best | methods in Ohio and Indiana, which occupy advanced positions in this work, as well as reviewed the work in his own State of Minnesota. But he was greatly disappointed when he came back to Lakeland nearly 1§ months ago, and com- menced canvassing for subscriptions. For he soon found there were none here ready to subscribe liberally for paid up stock, to put the company | into operation, though there were plenty ready to taking running and loan stock as soon as it should get under way. He soon founq reasons for this in the general depression in matters financial and consequent scarcity of money, and the high lo- ca] fever in real estate matters which seemed epidemie, as nearly all said they could quickly make 25 per cent to 50 per cent profit in buying ang selling “Lakeland dirt,” and in the disappointing and defrauding work of foreign building and loan associations, so-called, practiced on many of the most enlerprising and thrifty citizens. We refer, of course, to Mr. M. G. Willard, of Mankato, Minn., who came here to escape the too rigorous ‘Minnesota winters, anq from pure love of work, he said, and particu- larly that beneficent work, and work that woulq surely boost the town, as he haq always essayed to do at Man- kato, by means of a building and loan association, and various other enterprises, helpful in the same di- rection.’ Soon realizing the impossi- bility of organizing it on a suflicient- Iy large scale to afforq him at once ! 'ture, or even heart to help THE EVENING TELEGRAM LAKELAND, FLA., JUNE 9, 1914. ia living salary as secretary and man- fas this stock is shown to be safe and ’:1:<‘r, most men would nave given it }yields good dividends,” saying, “I, up in disgust, as he was advised to|too, will put a share of what T have do by friends, and by one who had |iuto what will help others help ! : N {long carried on that work, in the themselves, anq see if there is any aorth. | iowever, he likeq Lakeland and i her people too well, and thought her {100 good a town to be without this !tremendous help toward putting hvr.‘hulp themselves. ito the front, which has done so smuch for thousands of other com- I munities, and millions of men, wom- en ang children, seeking homes m’_ (er elsewhere, and from the condi- "tions here we can say we believe it (their own, and other good things. i The 2lag assistance, with booklets ;JII\II kindly council and encourage- Jment, from the secretaries o! some lof the v sociati nesota, ':'i"mst invariably these concerns are scale, has helped him to decide to stay anq work on, for a time, be- lieving enough of Lakeland people will, as soon as shown the advan- tages, willingly take enough stock to make a cash capital of at least $5,000, which he thinks as little as advisable to begin with. | He has trieq to work out his prop- 'osition, so that it is a great town builder, free from the dangers and lol.jwlicns of the concerns that have been doing bad business here, help- ing to help themselves those who need in saving and accumulating in order to get homes and other things worth while, and at the same time assuring absolute safety, and good returns on all money invested in any of its stocks. He has found very many who are willing to be “shown'’ these things, and a few who have re- spbondeq heartily and liberally, and others in gregter numberg who would like to responq in like manner if they could, and who will take hold later of the stocks inviting small periodical payments. Then he seems to have foung very many who are v(msidm'ml/ financially well able to take a hand in the work, but who seem to have no vision of the fu- those needing and less able, to help them- selves. Quite likely most excuses of those who o not take kindly to the project ang to helping it along in a small way if no other, is that “‘there is no speculation in it for me.” But what gooq will your speculations do our town, or your fellows? 1Is it not doubtful if all of them will help you? Why not constder the old pro- verb, that “It is not safe to carry better, take the humanitarian view, ;hus shown clearly enough that this v best savings anq loan as- | in Ohio, Indiana and Min—ius to provide a place and a salary cluding the assurance thatl real satisfaction in watching for the outcome.” We believe you will find there is. If you MUST speculate, try one little gamble to help others It scems to us that Mr. Willard savings and loan proposition is safe and sane, and has been a town build- is urgent, and should be put into operation at once. That it is not a scheme sprung on for himself, rather than for the rea- son he gives, if not so shown by ev- started on a very smali and modest Jerything else, ought to be conclu- sively shown by the fact that he has the nerve to commence on so small a cash capital, anq offers to work on so low a salary as $15 per month the first 6 months' period, and $20 the next, unless he makes it pay bet- ter than his prospectus shows, and so that the board will want to pay more. This prospectus works out so thai with no other cash capital to start with than this $5,000, in the regu- lar course of the business, $6,000 will be loaned the first year, with a balance of over $2,000 to begin the second year with; and that the second year $8,000 can be loaned, with a balance of nearly $2,000 to cover possible withdrawals. He be- lieves that before the end of the sec- ongd year without solicitation, at least $5,000 more paid-up stock will be taken, and so much running stock that $20,000 will be loaned the third year of operation. In a recent number of ‘“The World's Work,” under the general topic of “The March of the Cities,” and under the special heading, ‘A City of Homes,” is a gooq example of what buildiu.;: and loan associa- tions are doing for American cities, We quote from it: ‘“Altoona, Pa., has demonstrated the liveableness of the small American town, and shown the needlessness of the baj condi- tions which prevail in our industrial cities. Forty-five years ago the Penn- sylvania railroad established the first of its shops in the hills of cen- tral Pennsylvania, just below the famous Horseshoe Curve; and as the Pennsylvania railroad grew Altoona grew along with ifl. until now the city has more than 65,000 inhabi- Ul your eggs in one basket?” Or tants, most of them railroad workers, [and foreign diplomats will be pres- (To Be Continued.) FLOWERS IN FLORIDA . Is Florida ever going to look as (alifornia? Not for beautiful as some time in the future, or until its| people take more pride in their home places. That the home g2round can be made to look as splendig as any- thing California has to offer has been proven; for those who have doubts the editor asks them to come to Tam- pa and be convinced. We can show one home that in fourteen months’ time has grounds as fine as can be found anywhere in the same lati- tude, made in the same space of time. It takes more care, more wa- ter and more fertilizer, but it can be done, ang on the commonest of pine land, without clay subsoil, for we have the proofs. We mention Tampa particularly, for Tampa is our home. Other places can show what we can show in Tam- pa, and this is not particularly a boost for this section, but intended to convey the idea that in all Flor- ida we can, if we will, have gardens that cannot be excelled anywhere, but to any reader who wishes to take advantage of this invitation we will if the trip is made within a week or two, show them something else that is worth going a hundred miles to see, and that is a Royal Poinciana in full bloom. Right at the back door of the Grower office is this most splendig of all splendiq trees, cov- ered with its dress of gold; almost a solid mass of brilliancy, and we feel sure that if all our Florida readers could see this tree that they would resolve to have one in their own: yard, that they might cause our glor- ious Florida sunset to blush a deeper| red from pure envy.—The Florida Grower. AMERICAN COLLEGE ON BOSPHORUS buildings of Constantinople (‘olloge,l known as the American College for Girls, will be dedicated today in connection with the commencement week exercises. The new buildings are situated at Atnautkeuy on the Buropean side of thc Bosphorus. Charles Crane of Chicago, George A, Plimpton and Walter B. Walker of New York, trustees of the college, will participate in today’s exercises. Officials of the Ottoman government ent. —————— T ————————— e———————————— The fost of Living IS Giey: IF YOU KNowl The selection will be the bes: The variety unmatched The quality unsurpassed - The price the lowest All these you find at our store Just trade with us This settles the question cf liviy" Best Butter, per pound. ... .......oe00res sevaaa,,, 3 Sugar, 17 pounds ...eccovvcvananne Cottolene, 10 pound PAIIS. . .ovvvvrvrnnreereianeien. 1§ Cottolene, 6 pound Palls.......... 4 pounds Spowdrift LA&Pd. . .cc0eveevoom seonnensanna.. B Snowdrift, 10 pound PAllS. ....cc00eee cecnnenes oL ‘ 3 cans family aize CTOAM. . ooeovvovpece sernonnsaeran, 0 6 cans baby g1ze Cre&m. ..cooeesovosse socenvansanns, 20 1-2 barrel best FlIOUr. vocoevvervonvnssrse sovsnnnsis 8.0 12 pounds best FIOUT. ¢ ovevreunsannecsss sooans 4§; Octogon Soap, 6 fOr. .. ccvvvrennonnsse secsnnans 414 Ground Coffee, per POUR. ..ovvuusuees socvnnnas !s:' 6 gallons Kerosene. ...uvecovecmasenesm ooiorssonnenns, MY i i E. 6. TWEEDELL: N e . v o ——r D] o sseeense .. 100 ooub 8 sessesreran jt ‘1 A1l s0c Shirts now ..... \1l $1.00 Shirts now .. All $1.50 Shirts now \ll $2.00 Shirts now ... All $2.50 Shirts now ... Q A\ll 3.00 Shirts now LEATHER GOODS A1l Suits Cases, Hand Bags and Trunks «t greatly Reduced Prices. ERRRARERAAANTEREREEEREESEEED S S SRty EENRRRS B BB BB BB & - b * BB BPP oo DB o B BB B BB B GG B e Our Banner Month f We are determined to make June the bigge we are making eff BOY'S Price. Our Sales thus far has been a most to make their money count double 23 cents Quality 30 cents Quality 75 cents Quality .. Sr.00 Quality orts in this line which will be to your pi offered such price inducements, and never before have we offere and variety of seletcion at these special BANNER MONTH MEN'S CLOTHING MEN’S WASH PANTS j::’lw’t: :llll‘lllx ]l?mllucull lm .:l.m \;:llllL‘S, HOWE e e o e 85 wl5. : s 3 o] 1.5 / 4Rl fit:fi:t:h t:: BL50- VAU MOW Vo vy o wivse o $1.20 §20.00 Suits Reduced tc ... URUSRWVEAR $23:50 80its Redbead o .. 28 CODts R GARMERE - ool Do 19¢ $25.00 Suits Reduced to 50 cents Gatnients . o. Wi 39¢ $27.50 Suits Reduced to $1.00 Garments ... .oiveeiis sonnn, 79¢ $£30.00 Suits Reduced to S1,50 Garments ... ... ....oie.l, $1.19 MEN'S FINE PANTS HRO0SEIMBRLET S SR $1.39 34.00 Values now BELTS 35.00 Values now 28° CRES I NBW I o S oy s s b it 19¢ $£6.00 Values now S R O Sl ey 39¢ 7,50 Values now . BLOOUHOWE e i st s e 79¢ $8.50 Values now ... BLEOAROW il e s $1.19 MEN'S SHIRTS $2,00 now ... R A e $1.39 WAISTS AND SHIRTS In great Profusion and all Reduced in MEN'S FINE SHOES High and Low Quarters §3.00 Shoes now £3.50 Shoes now $4.00 Shoes now EDWIN CLAPP 0 and $7.00 now S4.50 Value, now §3.00 Values, now ... BOY’'S SHOES £1.75 Values, now £2.00 Values, now Values, now ... Values, now 20 cents Values S1.00 Values ... S1.30 Values gratifying success, and we urge upon all who want in purchasing power to avail themselves of the opportunity we are offering. ailey Clo LAKELAND, F B BB BB B S D BB BB B or Business! st month in the history of our business, and: Never before have we d such quality of goods, SALE PRICES | ‘ofit. Fine Shoes andOxfords in all Style THE “JUST WRIGHT” SHOE Shoes and Oxford in all Leathers NIGHT SHIRTS AND PAJAMAS thing LORIDA ifrifodosdooge oo e k HOSIERY ’ TOSCBNGR, SN 15 cents Sox.., 25 cents 'Sox |, 50/ CeNtS 0% oy vis MEN'S STRAW, FELT AND PANAMA' HATS AND CAPS All 50 cents Values ... All $1.00 Values All $1.530 Values All $2.00 Values ... All $2.50 Values ... All $3.00 Values . .. All $3.50 Values . .. All $5.00 Values BOY’S PANTS 50 cents Quality, now ... 75 cents Quality, now $1.00 Qulity, now S1.25 Quality, now S1.50 Quality, now $2,00 Quality, now — 3 Co.