Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-11-05

s
oonat,,ons oro affected nv q presidentiol
'ohu,''oH' "4e
eIectioh
In this city, where there Is such large
force of government ernployes 1t used to
he tho go cove ,,oors aoo-in fact q good
MANY years ago-when a change in the pol
itfcs of the national administrator meant
pa r,ean ~ nacsssitv ON the
part of office holders to seek other employ
ment.
An Uncertain Situation.
,,, -- -.....,. .,.,,,,o,., ,,.,. no
iHe a'eiaee ii'''''i'
luctant to become property hoider mere
because of the uncertainty of tenure in Of
flee and those who had nronertv for rent
,raro ,,.o ,,ts.,rloa hao,,so Of tho liability,
=,
vi theH tenants To ieNe' Aitose'hei INC
situation here ON an eve of presidential
election, years ago, WIS about as uns It's
factory from a business point OF view as 1t
we'll could be. 1t was probably due to this
cause as much as any other that real es-
tate was not held in much esteem as an IN
Vestment. and this explained why II was
that high rates OF interest prevailed here
Tor realty loans. compared with other cities
The change has been complete one, and
mas Deen so long in vogue that every one
mas become accustomed TO it. and II Is al
most Ike recalling ancient history TO speak
oI the cohdilons mere before the civil serv-
zee law went lnto effect. The percentage of
t .ile oiIte holuers numbering nearly thirty
tnousdhu people. employed in this sity,
VINO would De disturbed in their places in
.Ile event OF chanse IN the administration
-. 50 sinai thdt II naruiy enters into the
tbosa az an, ana Is not regarded by
N -i4'SteS'eu III property
As an Investment
a, a., -
A' 'ne present une the way Is open to
the government employe, just as to any
inc Ci"ss Oh cltizen, TO place their savings
that Co., 80 -. ~ value Vi
..n,,.,..,l - IA, e''heh. III inns Dis'rict ~
rate tbaf nre,sii ~ ns me ~" interest
erty In this particular Wasbinoton stands
with the best cities in the country and
WINE at this time, owing to conditions
son,awhat htnhn u1a a. me rate ol interest Is
co. y ia dnsne man II was year or so
c6oaD. pe, o,in, - ene pievaliins rate whlle
1870 Ieapei L4uney can De hao on what are
n,owH az eIlt-euged loans. Money is loan
rate is not nntnnU,n anu even d SUN io"er
~ - uIhnoWn.
nc tIiiie II NOT Tar IN the past when
IeI cent money was the only kind that
I Do iau, whIle lhe purchaser or prop
ru,ctaso 1'r1a.s ha wHuio not CONSIDER
ih ui o.,,Se enless ne couid De SHOWN gross
income Oh AT ieast 10 per cent There is
no more striking fact In the progress of
o,ls CITY. wnlch mas undergone such a
years than the appreciation in p the , vaius
OF reaI estate, and 1t Is coming to have a
n this o,,t Thai lnVestme en- .
&C nrpany or other institntion IN tha oa,,.
try which lets out money on realty which
Is not glad of an opportunity to place loans
mere. ihere would be more outside money
Ioaneu mere II II. IL was not that the banking
80 VI 'ie 0Ity nave Increased 10 such
On .NteiI. 90 W hiahe IL no longer neces-
say W 20 ~nere LOT money TO carry on
the "usihess Vi 'ie CITY,
Important Railroad Center
=, ,
II Is eeherally conceded that the pros
perity of this city is closely connected with
the growth of the countrv ana ~ IT, 49,
er,mar+ There soon,, -. e e0'
,ha+ ai,hor I'm $3.50 " nc ho prospect
the political comnIex,on ~ tha m.,a.'e e.
power Washington is increasing in i'm
portance as residence city and a govern
me- eeil'er' ana us industries are grow
Some are of the onj,;or t,a. .,,,, A.,
great railroad terminal enternrse &c lie oire
ried out the vicinity of the CITY win he
sought as the site of manufacturing plants
Inns no aouol VIII De the case. The grow
ing Importance OF the city as a railroad
center has been forcibly recognized by the
great railroads or the country in spending
such large sum of money here in order to
secure the terminal facilities necessary to
handle the great passenger traffic
S+ree+S in csoro...
49, 0A 6oeo~h.
With the completion of the s, T and M
streets roadway improvements ceoroo-
towns thorougbfares win no e. ,s.,ol,,..
perfect condition. contributing to the at.
Effectiveness of the section and making
available for business and residential pur-
poses every public highway.