davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-05-30
Congressional Committee r.
1old How to Help Building

Word came to the Advisory Council
of Real Estate Interests on Monday
that the Ways and Means Committee
Of the House of Representatives at
Washington, Joseph W. Fordney. of
Mlchlgan, chairman, was to take up
tor consideration on Wednes day, the
10Th the bill introduced by Con-
gresham Isaac Siegel, of this city, on
May 2o, counterpart Of the bill in
troduccd in the Senate by Senator
Calder on April u. These bills are
substantially the same as the Calder
Mcl.aughlln bills introduced last sum-
mer tor the same purpose. Some crit
clsm of the form OF the earlier bills
as that they might be construed to
authorize an exemption of 1000 of
interest on mortgages. led to the re-
constructing of the bills, and their in
PRODUCTION has been stated in their
present form to make clear that it was
the income as interest on an agcre-
gate principal MOTTO exceed $40 900
Of mortgage loans which is intended
TO be exempt from taxation under the
income tax law.
This was pretty short notice to the
real estate. building and financial in
terests of a hearing on the measure.
which they think more than not their
proposed legislation would help to
solve the housing problem, and start
into action, at capacity speed, the
wheels of industry in the building
trade, and its multitude of contribu-
tory industries, but by quick, concert
cd action, the council was able to send
q delegation down on Tuesday night,
and by tclegraphing to get extensive
ass stance from other cities. so that
when the committee assembled at 10
o'clock on Wednesday morning there
were representatives present not only
from al the boroughs of New York,
but from Richmond, Chattanooga. CO.
lumbia, S. c.. ana Atlanta, Ga, while
taIe rvs rna vyeru NAcA fvoI Il V~.,o, .n,1 -.
New-York tribune., 1920-05-30

$4,000 to $4,000 are the solution of
the housing situation.
With the loan obtained from the
Metropolitan and its own money it is
possible for the Rickert- Brown Realty
Company to buy close to production
cost. intermediate profits are elm
mated, and as the company is buying
in quantity and on contracts made some
time ago the saving in material cost
is considerable and makes big diff
ference in the selling price of the
home.
Reports of liberal reductions in tex
tile prices and in some foodstuffs have
led to the belief that homes may be
purchased later on on lower terms than
now prevail. This is a fallacy which is
not going to bring the homeseeker any
thing but continuation of high rentals
and landlord troubles, with the ultimate
end that a price equal to that of to-
day, if not higher, will have to be paid
Labor Lost Big Factor
Mr.. Rickert holds that real estate
and buildings will remain high just so
long as labor is high, and there seems
to be no sign in sight yet of break
in wages.
"Most people," Mr.. Rckert said. "do
not fully understand what percentage
Of cost production is labor" In his
opinion this is the keynote of the en-
tire situation. Building material, he
said, is coming down in cost but labor
IS not. 1t was his belief that labor
costs are fixed for some time to come,
and as 60 per cent of the cost of a
home is labor there is little reason for
expecting a drop in selling prices.
The drop in material prices" Mr.
Rickert said, will be offset by the in
crease that is bound to come in the
value of land. Unimproved property is
70 per cent under the selling prices of
l914. Land has been carried at a loss
of Z per cent for the last five years, SO
that this cost, together with the shrink
age IN prlce, represents a loss Of co
per cent to the owner. The loss in
value is due to the lack Of demand. Now
that construction is being resumed and
chiefly in outlying sections, land prices
VIII show Improvement.
I'm fact for the last sixty davs land
has been Increasing in price By the
time the drop in mater al prices be-
comes appreciabic. the cost Of sites
viii have Increased to offset this drop. "
Mr.. Rickert is sure that Labor will
remain at high levels for some time.
me CONCLUSION is that it is Just as
cheap to buy home now as it will be
later When material values are slim
ping down, land values will be movino
up, Not until the men who build homes
the mechanic and the laborer-
] Wiling to work for less wage will there
New-York tribune., 1920-05-30
Old Windsor Arcade To Be
Replaced With Tall Building
London Puts Restraint on
Commercial Construction
British CITY Needs Homes and
VIII Not Permit Building of
ANYTHING huf Homes

Wartime restrictions on construc-
tion work have been reestablishcd in
London, according to dispatches from
the great British city. There is this
difference: The restraint is placed
against commercial projects that build
ers and building material may be made
available for the construction of resi-
more than serious. Several large de-
partment store buildings, in which
Americans are said to be heavily in
terested, and the great headquarters
being erected by Irving T. Bush on the
have been halted by the restraining
order which has been issued by the
London County Council.
The restriction against new trade
building enterprises has aroused con-
siderable opposition in the building
trades and in the commercial circles of
London. Builders claim that 60 per
cent of their members, being steel and
heavy masonry workers. have not the
training to be of any value in the con-
struction of small homes and see in the
order period of idleness for them.
Business men accept the order as a
that new buildings are not being erect
ed under current prices except when
the additional accommodation are i'm
perative.
The Ministry of Health has the
authority to issue such restrictions
through the City Council when it deems
the comfort and health of the com
munity are being affected by the short
age of homes due to drawing of labor
and material to other enterprises.
The order will stop the long antici-
pated increase in business accommoda-
tlons. During 1914 and early 1915
many office structures were started but
the acendancy in the need for man
power and material in the fight for the
preservation of the empire caused
these buildings to be abandoned. When
the armistice was signed there was
scurry among tradesmen to secure
space in these buildings, willingly paw
ing the rent demanded The wooden
buildings erected by the government in
and about the city to accommodate the
largely increased facilities are being
taken at high rentals with an eager
Hess never before witnessed by busi-
ness men of London.
New-York tribune., 1920-05-30

tate organizations and trust companies
from ~. LOUIS c@1 Oakland. Cal.
Capital Out of Mortgage Field
The discussion was onened bv
Clarence H. Kelsey, president of the
ltle Guarantee and Trust Company,
by statement OF the facts and de-
yelopments which have brought about
thc present impass in the building
situation He showed how, up to about
tour years ago, capital had sought in
vestment in mortgages as a preferred
line above all other forms of invest
ment, and how this had changed with
the enactment Of the income tax law.
the most objectionable feature of the
revenue law as 1t is to-day, the i'm
position of this income tax having
rendered it possible for investors to
put their money into several lines Of
securities that we're exempt from taxa
ton with equal security and greater
profit. He told how within the last
four months the records of Manhattan
Borolgh alone demonstrated that at
least $25 100000 more OF mortgage
money had been withdrawn from the
field OF real estate and building de-
Veiopment than had been contributed
Mr.. kelsey was followed by Charles
Fl. Barron, Of Columbia, S. c.: f. l..
Brown, of Birmingham, Ala; John L.
Weaver, president Of the National AS
soclation of Real Estate Boards Will
liam NJ. Greve, vice. dent Realty
Associates of Brooklyn; Robert L.
Simon. representing the Merchants
Association, Of this city; James Frank.
president Of Nv York State Associa
tion of Real Estate Boards; Cyrus c.
Miller, representing Che Bronx Board
of Trade Bates Warren vice-presi-
dent National Association of Real
Estate Boards; f. P. Doyle, Of the
Real Estate Board of this city; N. II.
Dodge. Of the Merchants Association,
New-York tribune., 1920-05-30
Sells Larcl,lnont Estate
Archibald ". Ferguson Parts
With The Orchards

The home of Archibald w. Fergu-
son, general manager Of R. G. Dun
sold. The property consists Of a large
house, part stone and shingle, over
looking Larchmont Harbor, a garage
and two acres Of rolling lawns, garden,
and a variety of trees and shrubs,
with frontaces on Ocean, Walnut and
Linden avenues.
The house was designed by Frank
A. Moore, the architect, and originally
built for George f. Ide, president of
the Home Life Insurance Company,
in 1896, who made it his residence Tor
many years. John Schmeig, of James
w. Bell G. Co., is the purchaser. The
property was held at $4,000. John P.
Collins was the broker
New-York tribune., 1920-05-30
Investors Show Liking
For Really in Bronx
Store Building at Melrose Ave.
nue. Corner Figures in
the Trading

N. L. & c. Ernst sold the southwest
corner of Melrose avenue and 155th St..
two-story store building, 246xl0O.
and one loft, to the Tobias Realty Cor
poration. A Selkin was the broker.
They also sold 1896 Brook Ave,
northeast corner Of Hist St, four
story apartment with stores, 25xl00,
to Henry Masso through A. H. Landley.
Harris & Maurice Mandelbaum and
Fiser & Irving l. Levine and Sager
G. Shapiro sold to Angelo Greco the
tive-story apartment, 301 Southern
Boulevard, nOrthWse5 corner OF Long
wood Ave. 42X110, containing three
stores. John Bastone negotiated the
deal.
E. Osborne Smith, Inc, sold for
Edard F. Cole three two-family and
one-family dwelling at 1909 to 12l5
Ogden Ave
The Hesu Realty Company resOld
1925 Prospect Ave, a fve-story apart
ment, 50x100, which they bought
month ago from Mr. Tobis.
The Eugene J. Busher Company, Incr
sold for John II. Andrews the two
family house, 2100 Valentine Ave, l8x
90, to James T. Barrow.
New-York tribune., 1920-05-30
Big Estates Being Divided
Large Landowners Learn From
Encland: Tracts ParccIed

Robert Anderson Pope, we'll known
town planner and specialist in real
estate subdivision, says that trustees
and owners Of large estates arc taking
advantage Of the present conditions of
the real estate market by subdividing
their estates, thereby increasing the
income. This movement has received
its incentive from England, where the
q sllhd idintr
New-York tribune., 1920-05-30
Zine Colonial Home of William ~ English
<se Garden City Estates Has Neav O1cuer

William II. English has sold his
Colonial dwelling in the Nassau Boule-
ward station section Of the Garden City
Estates. The house is one of the fine
buildings Of Garden City. 1T is on
Stewart Avenue, and the grounds about
1T extend from KensIngton Road to
Whitehall Road.
New-York tribune., 1920-05-30

The sale of this property draws at
tencicn to the demand. which has de-
veioped rapidly, for homes in the Mas
sau Boulevard section.
The Garden City Development Cor
poration has sold several Of its new
houses erected in most attractive parts
of the charming community.
New-York tribune., 1920-05-30
Apartment Scarcity Forces
Many More to Buy Homes
Deal Pending for Sale
OF History 86th ST. Flat
Negotiations Under Way for
Tenants Taking Over Apart
rs1enf on Commemorative Plan

Negotiations are pending through
Slawson & Hobbs for the sale to ten
ants on the cooperative plan the twelve
story fiat recently bought by Charles
Wynne and Louis H. Low from Emer
son Mcmillan through Pease &, Eli
man at 800 West Eighty-sixth Street,
75x10O. The sellers are asking $780,
600 for the apartment.
Arnold Adler sold 169 East 1O8th
Street, five-story single fiat.
Joseph P. Day sold for f. C. Pope to
Mrs. G. Heiloner the five-story fiat 120
West Ninety-fourth Street.
New-York tribune., 1920-05-30
Fine Estate Of John r.. BIegeman
At Orienta Point Sold

John R. Hegeman, former president of
the Metropolitan Life Insurance Com
pany, at Orienta Point Mamaroncck. to
a client of Seaman Lowerre
1t consists of large residence With
about six acres Of waterfront on Long
Island Sound, yacht landing. Tea house
and servants cottage; two acres with
conservatory and farm of about seven
acres on Orenta Avenue. The pric
New-York tribune., 1920-05-30
Mobile Man Blys in Larc!,nsont

William c. Ridgeway sold his resi-
dence on Monroe Avenue, Larchmont,
to George L. Kilmer, of Mobile, Ala.
Mrs. Sadie ONerd has sold her
residence at 20 Neptune Avenue New
Rochelle, to Elmer Rogers, manager
OF the Palace Theater. Mathew
sales
New-York tribune., 1920-05-30
$3.50, 900 Larchm0nt House Bought
Recently by J. II. Duys of This Citu

Hawley, The house, but recently COM
pleted by Mr.. White, is model of the
latest ideas in architecture and con
struction. 1t contains fourteen rooms
and six baths. The garage holds four
New-York tribune., 1920-05-30

This is the Frank D. White house at
La-chmont Manor purchased recently
by John II. Duys, of this city, through
Mrs. c. II. Murdock and Arthur S.
New-York tribune., 1920-05-30

cars and has quarters 50o-foot sea-
wall fronts the property, which is
located at the end Of Pryer Lane,
Larchmont. The place was held at
S150,0C0
New-York tribune., 1920-05-30
ssr,ys Horne in Eeouia

Bowles & Co. sold for Frederic II.
Kehough his house or High Street,
Leona, to Harry Atwood, of Parsade
Park, n. j.; also house on Christie
Street to j. L. Dunn, Of West Engle-
wood, n j.
New-York tribune., 1920-05-30

Profit From Madison Av. Sale
N. a. Berwia & Co. resold for Henry
Mandel to client of Lotion II. Slaw-
son Co. the four-story building at $40
Madison Avenue, 20X95. Mr. Mandel
bought the property a few days ago
through the same brokers.
Every evening, Wilmington daily commercial., 1920-05-07
MISSES THE ROAST BEEF.

Another proof that our Ministry Of
Health may be called the Ministry OF
Death is furnished US by the Bakers,
Grocers and Confectioners Exhibition
just concluded in Glasgow Why the
Ministry did not step IN TO cond emn this
unpleaslng public exhibition or why It
positively approved Of some Of the eX-
hlblts remains q mystery to those who
think that the state i really anxious
about the nation 5 health The key to the
understanding Oh the iniquItouS show was
given quite shaInelessiy in the catalogue.
You are cordially invited % cali and
see oatcakes baked, not as granny used
TO back them.
No wonder We are race vi G 3's. un-
known in grannys DAYS The exhibition
was d frank and brutal denial of natural
living, costly advertisement Of the
advantages Of artificial feeding, backed up
by the highest medical authorities IN the
country. There was not q single article
on view iii the state in which nature gave
il TO us, but instead there were essences
and extracts and fiavors and substitutes,
canned fruits and timed fish from the
Antipodes. LIQUID eggs, frozen eggs
egg powder and egg substitute, jelly
crystals, factory jam lemon cheese de luxe
and such lIkt manufactured horrors.
The real cream of the bunch was the
American chewing gum and candy ex-
hibited ID the Interests oi health. II only
required an American dentist providing
gold teeth to complete the farce. All this
sounds very funny. but the devil Of it is
that atno very distant date the contempt
ible CHS may look down on the Minis
try Of Health and its factory-fed popula-
tion with genuine disgust The New
Witness, London.
Every evening, Wilmington daily commercial., 1920-05-07
Just Folks
by Edgar A. Guest
COMMITTEE MEETINGS.

For this and that and various things
1t seems that men must get together
To purchase cups or diamond rings
Or TO discuss the price of leather,
From nine to ten, or two to three,
Or any hour that 8 fast and ilecting.
There is a constant call for mo
To go to some committee meeting.
Tho church has serious work TO do.
The lodge and club has need of workers,
They ask for just an hour or two
Surely will not join the shlrkers2
Though have duties Of my own
should not drop before completing,
There comes the call by telephone
To go % some committee meeting.
No longer may ] eat my lunch
In quietudc and contemplation,
] must forcgathcr with the bunch
To raise fund to save the nation,
And must talk of plans and schemes
The while a scanty bite m eating
Until | vow today it seems
My life Is one committee meeting.
When over me the night shall fall
And nv poor soul goes upwards winging
Unto that heavenly realm. where all
Is bright with JOY and gay with singing,
| hope 60 hear 81 Peter say
And shall thank him for the greeting
Come in and rest from day 70 day,
Here there is no committee mectingt
Every evening, Wilmington daily commercial., 1920-05-07
THE ROADS PROBLEM.

Nothi ng could more startiinEly Illus
trate the incr oascd cost of everything
than the statement in yesterday sun
that il viii require thi GO times ~ much
money TO construct n mile OF roadway
this year rs it did in 1913. We will have
S3,0OO,000 available for this work from
State appropriations in 1920. but # /: IS
all expended it would produce only n
little over nfncty-two miles ol concu ic
roads
What makes the situation worse IS
that So much money must he expended
this season in repairs. Our first task ls
20 save what VIC have got. Many road
wavs were badly damaged by the severe
Gather Of last winter combined with
the strain put upon them by heavy
trucks, and thcy mus; he restored before
they ret past restoration. Even il The
revenue from auto licenses and fines
should be sufficient for upkcep and re-
pairs, the total new road mileage pos
sible for this large expenditure is dis
couragirgiy small.
Ii is condition. not a theory which
we are called upon to meet Would It
be wiser 10 &c slow on now construction
al present prices, with tho hope THAT
there NAV b, a change for the better in
a few months. or should we spend orr
allowance this wear and trust Ia luck for
the future1 Ii we decide to 90 ahead,
without regard 10 cost Of materials,
might ii not bc worth while TO consider
again the practicabihtv 81 reducing the
labor cost by utilizing prison labor
This would MOI deprive honest labor oi
Job There erc far more Jobs nov than
laborcrs 10 iill them Baltimore sun.
Every evening, Wilmington daily commercial., 1920-05-07
The Republican Contestants.

The week draws 70 a close with the
Republican contest for the Presidential
nomination still in state oi uncertainty
While General Wood has fair lead in the
number Of instructed voters, he IS far be-
hind the number necessary 70 Romina-
tion. Also. lie has rather precarous sup
port in his delegates from the Southern
States. Contests may deprive him Of some
Of these delegations at the outset and
he is. not certain OF the loyalty Of those
who NAV be admitted to seats. Stealing
niggers that Is, Negro delegates from
the south Ms 4 pastime that has been in
dulged in notoriously al previous Repub-
lican National Conventions
The detailed showing Of the Contest to
the close Of this week is as follows: Total
number Of delegates, 9S4; necessary to q
choice. 493. number elected thus far. 746,
to he elected. 13s Instructed-for Wood,
I34. for Johnson. %; for Lowden G8,
for Harding. 80 for Pritchard, II; for
Poindexter, Il; uninstructed, 400 coz
tested 6S
So It will be seen that even all the
delegates to be elected could not by con-
centration. place any one Of the contestants
within easy reach Of the prize. The show
ing indicates a 'free-for-all' race, with
possibilities for all kinds Of manipulation
and every promise for the popular dark
horse"
Every evening, Wilmington daily commercial., 1920-05-07
Disguised at Presidential Primaries.

From nearly every State where Presi-
Dental primaries have been held come
expressions Of disgust and anger at the
miserable insuhiciehcy Of the laws il re-
sncct ii insuring an honest expression Of
party sentiment The complaint is uni-
form. and also, in several States. thcrc arc
charges Of corruption. These charges arc
directed especially at the managers q
the General Wood campaign.
But the burden Of complaint in both
parties. Is directed against the oppor-
tunIties for free and easy voting permitted
bv these freak laws. In Nebraska, the
Democrats charge that MIR Bryan's cleo
tion rs a national convention delegate
vas due To Republican votes, especially
those 81 Republican women, to whom he
made special appeal. And from Cali
fornia are heard accusations that the
very large majority given 70 Senator
Johnson lit Tuesdays primary election
was due To tho generous support he re-
,ccived from Democrats. The latter, i s
said. gave him their support for the express
purpose az helping him 10 position from
which he would be able to embarrass the
Republicans al the Chicago convention,
ana increase the probabilities Of bolt in
the event Of johnson : failure to secure
the nomination.
4 primary election regulation that docs
not insure tile integrity Of the partys
sentiment. as expressed by the voters q
the party, and not by outsiders. IS worse
than no law IT all
Every evening, Wilmington daily commercial., 1920-05-07
PRESS COMMENTS.
THE KNOX CANDIDACY.

Time TO synchronize with the reporting
of tho Pennsylvania Senator's peace reso-
luton, the announcement OF Ihllander
Chase knox's boom for q Presidential
n omination, by his colleague, Boles Pen
rose, must be takcn seriously by politicians
everywhere, Penrose is not a Cameron,
not q QUAY, but he is not an idle talker,
not time-waster, and he is rs likely az
any living man To be the recognized
spokesman for what Is termed the Old
Guard of the Republican party. Rumors
OF what Penrose has been doing IN the
way of rounding up delegates for some
body have been current for weeks. s
tins announcement the development OF
mature plan? All the surface indications
point TO that conclusion.
The cold Guard" hes never been salts
fed with Leonard Wood. though it he's
encouraged his activities, regarding him
as less objectionable than any other pro-
nounced Rooseveltian. fcnrosc and those
who stand with him believe that any
Republican can win They would prefer to
see one cf their own ilk the nominee, ot
course And Pcnroso can say with mt least
plausibiIity that Knox is the best
equipped; all-round international states
man to meet the requirements OF the
present situation who is avail able IN public
htc
Though Wood and Johnson have been
dividing public attentio n fora considerable
period, probably most keen politicians
have felt that one was bound TO kali oil
the other. knox is u close friend Of Hiram
Johnson, so close that it has been limited
that the opportmistic Californian might
prefer him tu any other il his own nomina-
ton were impossible Also tho seventy
eight votes of Pennsylvania are q sign iii
cant factor Of the situation BROOKLYN
Eagle