The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-11-27
HOTEL RENTS ARE
HIGH IN EAST
AstOr Collects $4,000 a Year
From Lessees of Waldorf \
Astoria. =
ALL is NOT PROFIT ~
IN RUNNING H0STELR}
Owners of Great Hotel Are Not
Picking Up Money in
Big Heaps.
BY RALPH JOHNSON.

By Leased Wire to The Trlbune'
NEW YORK. Nov. 26.-To those Nis-
itors to New York who have stopped at
one of the great hotels here have doubt
less when presented with their bills, con-
cluded that the man who owns the hotci
must he ping up money so fast that IL
is a real problem with him as 10 how
he shall invest ii, This is a sad mistake,
While | have heard of no instance re-
Gently OF New York hotel man hav-
Ing togo to the poor house. the rates
charged here are not much II any hiSher
in proportion to the expenses than IN the
smaller cities Of the country. Recently
the real estate board OF brokers pre-
pared able showing the rental OF some
OF New York's leading hostelries. me
gross rental Of the Waldorf Astoria is
placed at $4,000 year. II has 1000
rooms. This means that the hotel man
agemcnt must get s2.22 for every room
every day in the year TO meet Mr.. Astor
the first of the month or course the
rent is only a comparatively small por-
ton of the expense Of running the hotel.
and Of course every room In the hotel is
not occupied every day In tho year The
average needed amount per room at the
Plaza ,s s22s, for the Astor sl.76 and
so on. So ii will be seen that all is
not profit for the hotel man.
What Drink CosGs.
II Andrew L. Calvin OF Brooklyn takes
cream soda before Christmas. 1915, IT. will
cost him sl0.000!5. His mother Mrs.
Sarah Calvin. has left a viii which viii
make 4 snlfter so costly To young Mr..
Calvin. According to the wording of the
will Mr., Calvin must not touch any al
cohoIc liquor during the prescribed time
and then five years from Today. must
submit himself 10 medical examination
nj r,l,ir n he,
end. II the doctors are able TO give him
2 clean bill nj health. he gets the money,
IF he falls he Will receive only the in
tcrest Il.
Rockefeller Getting Young.
John J.: Rockefeller Is getting young
church at Tarrytown the other day and
took FIVE friends with him. While wait
ing for the friends TO get out of the car
Mr. Rockefeller noticed woman ap-
preaching the church entrance. He
hopped upon the steps and opening the
dnnr held it until the woman passed.
Then he helped his guests. Mr.. Rookie
fellcr looks 10 he in better health this
Hy color and his cheeks are red. The
prediction that he will lIve to be loo
years old ~looks good on the face of
things.
Initiative and Referendum.
Explaining the meaning of the initiative
and referendum and it's benefits 10 the
people, john I. Barber of Denver. Colo.
says: The Initiative is the proposal OF
IA Law by the people. The referendum is
the submission OF the law To the peo-
pie al the polls for approval or rejec-
ton. BY these means the people can
start or, stop legislation at will BY
Initiative petition they can bring a meas
pre forward for discussion and decision.
They can repeal an old law, amend IT,
or enact new one and progress Is no
longer barred by the interest or inertia
u the Legislators or councimen. not by
the weight and wealth OF corporate mo-
% ient bad iesisation ' as pe we'll as sA secure prT