New Flats for Old Slums
Though the big anti-slum campaign hangs fire, modest efforts on the right lines should not pass unnoticed. The rebuilding scheme which Princess Alice initiated in Somers Town last week is assuredly one of these. Well,- to-do residents in North St. Pancras and their friends have subscribed for shares in a public utility company, Which is building flats on the site of a disused school. To these flats it will transfer the neighbouring slum dwellers, whose wretched tenements it hopes to rebuild for the housing of others. Such a programme ensures that the very poor who need rehousing in the same neighbourhood will have attention. The new rents, it is stated, will be lower than the old rents, mainly because the investors are content with a very low rate of interest.