Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-04-19
SAUNDERS PRAISES
| C|TY'S ADVANTAGES
ReaEEstate Brokers' ASs0Cia-
ton Head Analyses Con-
ditions Here.
EDUCATIONAL OPPORTUNITY
| AMONG THE BEST KNOWN
Investments in Mortgages and Deeds
Are Not Subject to
Taxation.

In an article on the city of Washing
ton in the last issue of the National Real
Estate Journal, William H. Saunders,
the president of the Real Estate Brokers'
Association of this city, describes the
city from a real estate point of view, as
follows:
The city of Washington, viewed from
"a resident or investment standpoint, is
most attractive. No longer than twenty
five years ago the city had not reached
that stage of development where it had
become popular for persons of wealth
and leisure living elsewhere to purchase
homes or winter residences, OR to make
investments in Washington city; now
these events are SO numerous that they
attract only passing notice.
Western Woman Buys Home.
only few days ago the title to one
of Washington's noted residences passed
to wealthy western woman, who will
use it her winter home. People of
wealth from New York, Chicago, Pitts
burgh and other great cities find Wash
ington offers the greatest attractions Of
all our cities. Indeed, it supplies every
form of a rational entertainment and di-
version that is found in any other city,
duu IL SlNeS enter dHu euuCdllOI-
al opportunities that cannot be supplied
elsewhere
MANY people with very limited means,
with sons and daughters to educate, come
to Washington, realizing the exceptional
advantages afforded at the seat Of gov
eminent, with it's splendid school facili-
ties and the inexpensive cost Of living
compared with many other cities.
Easy to Obtain Houses.
1T is always easy to obtain houses by
rental or purchase at reasonable prices.
There are many people in the states who
today own building lots dotted through
out the city and District Of Columbia,
purchased at few hundred dollars, who,
with the present rapid growth of the
city, will find them in populous sections
in few years. With the general recog-
milton of the great educational advan-
tages of Washington, not only are the
classes Of persons above mentioned set
Ting here, but many farmers from the
south and west are making the suburbs
and the not distant outlying sections
their residences, where, with teams and
automobiles and we'll supplied electric
railroad facilities they can have and give
their children advantages that cost them
comparatively little. and which are with
in easy reach of those of limited means.
Taxation Advantages.
''One of the great advantages of in
vestments in mortgages and deeds of
trust is that they are not subject to
taxation as in other cities. The reason
of this is that the tax (Which is always
the twin component of double taXation)
would be too great a burden in city
which is the seat of government, and
where it does not have and cannot de-
pend upon industrial pursuits and the far
greater income from them to meet it's
obligations
washington city occupies unique
and fortunate position among the great
cities of the country 1t is not the rival
of any other city in manufactures or in
dustrial pursuits: they all want to see it
develop in growth and Importance: they
all recognize and claim common interest
and ownership in it; all are willing to
contribute their fair share to it's deyel-
opment, and there are 20 petty jealousies
or rivalries felt either by or toward it
to disturb its pleasant relations with
other cities.
Baltimore Proud.
Baltimore. only forty miles away, is
as proud of our National Capital, and
probably more SO, knowing 1t better,
than some cities a thousand miles away.
a distinguished senator from Cali
fornia speaking to an audience Of citi-
zens of Washington few days ago, said:
This is my city, YOU are my trustees,
and the trustees of the rest of the peo-
pie of the United States. to manage our
city, to establish with our aid it's moral
standard, and it's position as the capital
Of the greatest of all nations. and to
make it. If not already So the most