Evening star. [volume] (Washington, D.C.) 1854-1972, 1892-08-27

| PSpSANS> most moderate means
| ASoS to become their own
q 49, = tSs-- landlords. In one sense
iTrrF1 =, it may be said that il is
! -. - VS!rTy---E easy for person TO own
AEAANsHNtsSN his own home in this
SNNANsSsSWS city for the reason that
| ~ SSS..%' custom, well SELF
interest, has led 10 the
/ adoption Of methods which enable people with
small capital to start on the road that at the end
| lnsures n home free of debt to their families
There are the various building associations,
whose aim is to make the small savings count in
the effective direction of paving rent Then it
is usual TO sell houses on a small cash pay
ment. with the deferred payments so arranged
that they can be met each month with little or
| no greater tax on the income than the rent of a
house would be. In the broad rense that the
purchase OF house means economy in persons.l
expenditures and the practice of frugslitv it
cannot be said 70 be easy for many persons
The great obstacle in the way of the average
man Is the natural reluctance which il felt
toward assuming obligation that extends
INTO the future. man unaccustomed TO deal
ing In sums larger than his daily. weekly or
monthly salary IL apt to be very much i'm
pressed With the magnitude of several thousand
/ dollars. There are 70 many contingencies that
may arise, ficEress, he loss of position, &c
that men are inclined to defer the assu-nption
OF any obligation until thev have more money
IN hand hen again they are influenced hv the
hope that in "A short time their prospects will i'm
prove and their income increase. In the mean
tlme they go on paying out money to the extent
OF 500, s40o and Sj00a year and with the excep-
ton that they and their families have had a roof
over their heads they have nothing at the end
OF the years TO show for their money. Most
men admit the folly of such course But there
Il much larger class who don't care They go
on the principle to live in the present and let
the future take care Of itself They snend every
cent they earn and seem TO think that they are
| doing their duty.
1T CAN DE DONE.
Yet the fact remains that any man with
reasonable good health and steady habits can
own his own home If he has only the mind to
do so. A Young man has Just married lie
and his wife are Young and vigorous They
don care to live extraragan1ly. are ccntented
with moderate mode of lite and vet they start
ont by renting house instead OF going into one
which they can reasonably expect in a few wears
TO own. Suppose he has few hundred dollars
saved up, or If he hasn't he can have in
short time. He finds modest house which be
would be willing to occupy and he arranges
TO buy, paving SO much down in cash. and these
cash payments are some times very small. The
balance Is arranged In monthly notes, the amount
VI SAth hoeSs pci abOus iut same as ne
would have to pay III rent. Each month he
would find himself little nearer to being the
owner of the house. But IL might happen that
after while he would have chance to seil the
property or else he might want to live in a bet
Ter house His equity in the property. even
If he should sell for exactly what he
paid for it. would represent larger
sum in cash then he ever had before in h:s lifs.
With this money used AS cash paymen: he
could buy more pretentioUs house and start
In again TO pay for it. NAM a man has laid the
foundation OF a comfortable competence il iu,.
snch way. Bat, OF course, the element Of
speculation comes in when property /. bought
with view TO a sale in highe. market. Win
the average man there need 80 be lio thought IF
speculation, for whether he sells lis property
or keeps it as long as he is graduailv a5iug 10,
it he is that much aheal Of il.e
man who rents. In the one case
there is something to show for he
money, in the other there is no hing
There are plenty of mea VINO haze paid on. In
rent enough to buy them a home if it had not
been that they waited FOR this thing OF that 70
happen. which never did. But somehow 1t
always happens that the ren. becomes due each
mouth and the money il ready TO pay it., aud
yet, according 10 a generally accepted theory,
1t would not be ready 10 meet prectic NV
similar amount shat is IN the shape of nc b. of
Indebtedness on the home.
THE EXPANSION OF THE CITY.
Some recent railroad schemes afford a strik-
ing Illustration of the growing impci tance of this
city. 1tseems that the population of some 257 900
in the area Of sixty square miles is drawing TO-
ward 1t the contiguous country. For miles be-
yond the lines OF the District the country is
tributary TO this city. and measures are now be-
ing adopted toward making the relations closer
by constructing lines of railroad. There is, for
example. the great enterprise which PROPOSES
the building of a splendid boulevard between
this city and Baltimore. distance of forty
miles. The main feature of this scheme. how
ever. is the building of an electric railroad.
which in addition to the present railroad facil-
tiles, will give another rapid and cheap means
OF reaching that great commercial center
Already work has been begun on an electric
railroad to connect Washington and Alexandria
and another road Is now far advanced toward
completion which will extend from Alexandria
to Mount Vernon. This latter road will rass
through tract OF country Just south of Alex
andria. which the projectors of improvements
there hope will be a great manufacturing
center Already two large plants have been
located there One of these concerns in which
Mr.. W. II. Fletcher of this city is interested
has just completed the erection of o brick
building nearly 800 feet long and some Is feet
wide. They propose to manufacture furniture
and turn Out mill work. Another concern has
begun the making OF baskets. and have in their
place a number of those maryels of modern
machinery which will deyour a log Of wood and
eject baskets complete and practically ready for
the market. 1t 10 stated that this is only the
beginning and that other manufacturing con-
Germs are preparing to locate there.
by RAIL TO SLIGO.
A few days ago. as reported in THE STAR.
meeting of the citizens Of Sligo, Nd, was held
for the purpose of encouraging the continue
ton to that place Of the street railroad which is
to be built out the It'll street road to the Dis
trict line and to Takoma. There was degree
of earnestness displayed which evinces thor
ough appreciation Of the benefits which will
arise from a more intimate competition with
this great and prosperous city. All these railroad
enterprises are inspired not merely BY the
necessity Of accommodating the suburban
travel, but by the desire Ct those living in the
vicinity to share in the business Of the city
which has increased in importance with the
growth Of population. Public attention has
recently been called to the expansion Of the
business interests OF the city by the increase in
the values Of property in the business sections,
and there is no doubt that it il II real and sub
stantial growth.
WASHINGTON HEADS THE PROCESSION
Visitors to this city mex. month from other
cities may miss the rapid overhead wire cleo
trio lines Of street railroad which are SO common
in other cities of the country and even In the
small fOWna IhAy may MA l.x s,xx~, ~;aal