The sun., 1919-01-12
GOVERNMENT STARTS
BUILDING CAMPAIGN

| Industrial transition from a war to
peace basis. il should have the en-
| couragement OF all interests. For ut!-
| mately all industries must suffer and
prosper alike. In fact, my interest in
stimulating construction Is only due TO
my interest in every trade and in every
| citizen.
Public construction will be helpful in
mitigating conditions. While parks,
| highways and other public improve
ments add TO the general welfare of
a community. II is not of itself n sufii-
GENTLY comprehensive programme to
solve the readjustment problem.
Reeducation Essential.
Therefore 1t Is evident that private
as we'll as public construction must be
| resumed before the country returns to
| normal conditions. Next to placing pri-
1t Is desirable that they be invested In
enduring wealth like construction. The
accumulated earnings of the citizens Of
the country should not be diverted into
| forms OF wealth easily consumed and
without earning power. Permanent in
vestments OF wealth will stabilize the
! moral and financial condition of the
country as a whole. as we'll as benefit
the Individual investor and his de-
pendents,
THE main reason why civil construc-
ton is held up is because the public has
been instnctively educated against II.
Other factors which are retardinC the
recovery of the industry are the diff
Guilty OF obtaining capital. the uncer-
tainty Of the market as regards supply
and distribution of capital and labor
and the problems of price. supply and
irregular and expensive transportation
OF building material.
'May we not overcome these difficult
ties, in a measure at least. and through
a definite reeducation shape mass psy-
chology throughout the country into a
strong. fearless attitude which will favor
public works, schools. hospitals and pri-
vate construction OF certain types al
least. The Government must go ahead
with it's building programme and also
the States, counties and cities. Such
public work can he undertaken without
loss, even with present high prices. be-
cause the value OF property is dependent
not so much upon what II costs as upon
the cost of reproducing the same.
1.-THE new attitude of the Government
toward building and the work thus
started must be given IA much favor
able publicity as the Government d.
rected unfavorably toward construction
during the war. A campaign to encour-
| age nome OWNING anu Hoiilo puiiui'b no.
already been inaugurated by the De-
partment OF Labor under the direction
of Roger w. Babson and Franklin I,
Miller A survey OF community REQUIRE.
ments throughout New England should
be made. based on statistics from build
ing permits. and building quotas should
be esta blished for each section. In car
ry,ng out this campaign the active sup
mort OF banks Is essential In order &c
: arrange for and encourage loans to hom'
builders. May every one help"
CHOATE SELLS RESIDENCE.
Joseph II. Choate, who recently pur
, chased two dwellings at 10 and IL Eas
: Ninety-fourth street. which he will con
, vert into n fine home for his occupancy
: to-day sold his present residence at lb'
Z East Seventy-irst street near Lexing
! ion avenue william B. May Co, asso
ciate brokers with the Douglas Robinson
= Charles s. Brown Company In the pre-
: vious transaction. arranged the sale
a The Seventy-first street house Is lou
!. ,tories, on a lot 20 by 100. and Is as
a ,essed at $4,000 1t will be occupied
Nv the purchaser after slight altera
! toms have been made