I 62 



FLIGHT FROM THE CITY 



ESTIMATED COST OF ESTABLISHING THE DAYTON 

 HOMESTEADS 



SCHEDULE OF LOANS TO BE MADE TO THE FIRST 

 OHIO, INC., AND THE MEMBERS 



HOMESTEAD UNIT OP DAYTON, 

 OF THAT UNIT 



5- 



implements 



tools . 



6. Domestic machinery and equip- 



ment 



7. Livestock 



8. Seeds, plants, trees 



9. Groceries and feed 



17.50 



85.00 

 58.50 

 33-3 1 

 79-45 



611.50 



1,975.00 

 1,047.50 

 1,165.85 

 1,780.75 



$1,071.43 $37,610.10 



.64 

 .68 



73 

 1.67 



$6.14 



NOTE: If the maximum loan is required for all items, then weekly install- 

 ments the first year would be $6.14; for the second year, $3.74; for the third 

 year, $3.06; for the next twelve years, $1.15. 



1 Time when payment on each loan begins to be adjusted to situation in 

 each family. Installments include interest at 6 per cent and finance fee of 

 $1.60 per year or 5 cents per installment. 



2 Includes all carrying costs on community property listed in Schedule I. 



SCHEDULE I 



Loan to Unit for the Purchase of Land and Community Property 

 Items Costs 



160 acres land, farmhouse, 3 barns, silo, etc $ 8,000.00 



Repairs to community bldgs., wells, etc 400.00 



Road-building materials 1,000.00 



Community tractor, plow, harrows, etc., second hand 300.00 



Community building-machinery 



Concrete mixer $ 50.00 



Band saw, joiner, circular saws, etc 115 .00 



Builder's forms 50.00 315 .00 



Total community investment for each of thirty-five homesteads. . . $10,015 .00 

 Investment per homestead 186 . 41 



