Evening star., 1909-08-21
growing powerfully-with a force thai
nothing can stop or turn aside"
Confidence Inspired by Taft.

commence inspired Dy 4dAI.
j. Louis Wiflige president of the Will
iige, Gibbs & Daniel real estate corpora
tion, is very optimistic regarding the
outlook for activity during the coming
twelvemonth.
Mr. Willfge said: "The feeling of con-
idence which has been inspired by the
presidency and the generally shared view
that the upheavals of the late admins
tration will not be renewed during the
present regime have served to give
very decided impetus to the market, es-
pecially so far as home buyers are con-
cerned The feeling Of stability in tenure
Of Office, particularly on part Of the
younger. efficient men and women in the
government service, makes officeholders
better satisfied to undertake so important
a step as the purchase of home. Our
demand for new and modern dwellings
has increased largely in the past ten or
twelve weeks.
1.-The expectation that the present pros
porous conditions will continue for sew
eral years. at least, has also had the
effect of inducing capitalists and specu-
lators to consider favorably the purchase
of business properties showing fair re-
turns on the money invested, and we
have been unable to secure a sufficient
number of downtown holdings to meet
this demand. The fact that a building
is antiquated or even in dilapidated
condition does not make it unstable
nowadays, since everywhere about the
city old buildings are being remOde1ed
and modernized with astounding success.
The ending of the tariff debates and the
adoption of settled tariff policy for
some years to come Will doubtless add
to the feeling of restored confidence and
contribute to even greater activity in the
realty market.
'.Willige, Gibbs & Daniel during the
past two months have almost trebed
the business done during the same
months Of last year, and there is every
reason to believe that this marked in
crease will continue without abatement
during the coming months
Predicts Best Year Ever.
Harry A. Wagstaff, who is handling the
Charles G. Lynch houses in Petworth.
confidently predicts a better business for
the ensuing year than Washington has
ever before known. He states that the
recent financial depression, which had
the effect of making prospective pur-
chaSers slow to invest, has entirely dis
appeared and that the return of con-
idence is already making itself felt in
an immense volume of new business.
Judging from the number of sales re-
corded ii would appear that comparative
ly few Washingtonians have been away
for the summer and many vacationists
are even now returning to the city Hun
dreds of homes are being erected in
practically every section of the city. I'm
mediate sales are being made of those
now on the market. while others which
will not be completed until September
and October are intended to supply the
demand. at that time. Then, too. a num-
Der Of apartment houses are being rushed
to completion to meet the demand of the
coming fall
The increase in nearly every other line
OF business is bound to reflect on the
real estate market and this, in turn,
will do much to strengthen the feeling
of confidence that is sure to prevail with
in few months Mr.. Wagstaff is en-
thusiastic over the outlook for business
this winter and is sanguine that the re-
newed activity of the summer is but a
forerunner of a prosperous year