Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-12-05
Reprinted from Philadelphia Record,.-
Sunday, Noe. 27, 1921.
Two Mayors Approve Sale.

The Mayors OF both Philadelphia and
Camden, as we'll as other men with
vision, see Camden as 'the Brooklyn Of
Philadelphia" and regard this sale as
the first opportunity on grand scale
for small investors to take advantage
Of the great development which is sure
to follow the opeuing Of the Delaware
River bridge.
"Fairview is gold mine" said Mayor
Charles Fl. Ellis, Of Camden, yesterday.
Il am glad to hear that the Government
is anxious that the houses be purchased
by individuals, rather than by specu-
lators. We don't want to see our people
made victims OF profteers' greed. We
want happy and contented home owners
in this growing city. which | firmly
believe will one day rival Philadelphia
in importance"
For some time there has been move
ment under way in Camden to increase
the assessment on Fairview property.
With view OF aiding the small buyers,
Mayor Ellis said that it would not be
put into effect If the individual home
seeker should succeed on December 10
in purchasing a large number OF the
Fairview homes.
Mayor Moore in recent address, not
commenting on the Fairview sale, but
speaking in general about the growth Of
metropolitan Philadelphia, said:
''One can hardly realize the impor-
lance Of such afeature as the proposed
Delaware River bridge. which is TO
unite New Jersey and Pennsylvania.
When this great structure is complete
and the trolley lines and vehi"ular traf-
fc are dashing across it We can visualize
growth that will make Philadelphia
enormously more important as a mctrop-
oils than it is. The Camden side Of the
river is already developing rapidly in
anticipation OF the bridge. On the
Pennsylvania side the suburbs are filling
up. One day all OF this great coming
'"gcther OF the people must be liEcEcd
to the uriNn Of New Yori; and brooklyn,
which is now Greater New York
People are seeking homes away from
the congested centres, and in the inter
est of health, Happiness and good order
we ought to encourage this tendency.
Both sides OF the river are going to
benefit largely from this great bridge,
which will link up the two States and
bring all the Western States to the
seaShorc."
Government to Lose Money.
The Government is sure to lose money
on this auction sale. 1t expects to.
Vast sums were spent to make this
operation attractive TO the best class OF
employees. Cost vas no object and
Uncle Sam only expects to get fraction
OF this in return.
(InVarnDonnt ~
act the part OF greedy realty specu-
lator il probably could hold these houses
Tor few years and make a profit even
on its outlay at war prices. But the
United States is more anxious to aid
in the solution of the housing problem
and to see its thrifty people in comfort
able homes than it is to make few
millions. Consequently, it has COM
missioned Joseph =. Day, the nationally
known auctioneer OF New York, to put
this entire development under the
hammer without restrictions.
Thousands and thousands OF dollars
are being spent in advertising to en-
courage the individual to bid If the
Government wanted the houses to 90 to
SPECTATORS, no money would have to he
spent in advertising-a few phone calls
would suffice to bring from the svndi-
Gates their offers.
1t goes without saying that each one
OF these brick houses will be bargain.
The speculator bugaboo should not
trlghten the home-seeker. Spectators
are looking for inordinate profits and
will not pay anything near the real
value The man who is willing to pay
$500 or $500 more than the speculator
would will get house, which later the
specuiator would charge him $4,000 or