Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1921-01-30
CHEAPER LOTS ONE
MEANS Of HELPING
RELIEVE TROUBLE
APPEAL MADE BY REALTORS or
AMARILLO TO ASSIST IN REs.
TORATs0N or BUILDING.
by II. W. GALBRAITH.
Before Rotary Club.


has been assigned 10 me II one VI
such general importance aud is influ
cnced ana affected by ~ many dit.
ferent problems that II II with much
hesitation that I try a. address YOU
On this subject
II IN generally recognized that there
has been n tremendous shortage Il
home building In the United Staten
and that this was started first by
the action - the Government In 1912
In practically prohibiting the building
~ homes When they removed this
restriction the impetus had been lost
and the cnst Il all classes of material
and labor had leaped % such heights
that II made II prohihi,ory 60 many
10 build and NJ. except In a few 70.
culiar situations. the building move
ment has never really caught IN
stride since the Government bang
we're removed.
In the last slx months many lines
- material have declined In price un.
tll the. have reached almos, the pre-.
war level. Labor In becoming more
Ilentifi and u Is reasonable to sup
pose that conditions IN the building
line are Iapidly approaching. u thoy
have not already Jeach"d. the firm
reasonable level Htsfrt which are In
line with the avrbiee cost IT com
nodlti~s which rnFy Ne espscted to ~
maintained the neat few years.
Hut In addition 10 the actual cos,
of building material must be- takcu
anto consideratGp -ihe value Of The
iots on which " CONSTRUCTED. and n
seems 10 the that IN Amarillo. In OF
det that they might place their busl
ness and the prosperity OF the rity
80 sound besls, the real estate men
~ Amarillo would perform a splendid
strine 10 the community by working
out same plan whereby they can r..
iieve thls part 81 the situation and
make II possible for the wage Garner
spd the saiarled man to purchase n
Ihoierrt ~ priced H., an which 10
build his hor,c This might BE- a.
oompiishcd. ~ have stated else
where. by cooperating with the city
and inducirs them 90 assist In the
development o. residential property In
consideration 81 guarantee be,nJ
made thsi thu lots would he sold ~
n reasonable price 10 be agreed upon
Tor specified period ~ time or by
such other plan M their experience
.nieht dictate.
feel that 4, would be Iareasor
able anu ! might say unjust To expect
that tn ncrchanta. and 10 some ex'
tent tuc lavofcrs. shall have the In
ratiOn taken out Uf their goods AM
services but that the real estate
should re allowed 90 remain at lts In
flated values and puslibly ~ higher
and think thst no one factor would
be q greater help towards the home
building of Amarillo than the provi
sion Il more reasonably priced At
tractive residential lots. provided with
MI the cpnycnicnces In the way 81
lights water. streets. telephones. gs'
and car service which are necessary
TO the home builder.
I think further that our local Buil'l
Ing aud Liam Association IL an insti
tuition deserving ~ careful consldera
ton by all the citizens aud that ths
support of this institution 10y the ciii
gems would bc another material factU'
~ the develop nent 10 homes In ANA
Iiilo.
And I believe Il would lee wort
while 10 cvnaidcr the question IL put
ting on campaign H. have every
inerchsnt and man ~ means 10 sc'
aside certain an,Gun, each month
10 he used Tor the support at sue
an inE,rtution This would entail n,
real sscrifi,e To- anyoac'a part. he
uause such u concern ~ the present
IN. IN our town viii be paying ~
lts investment nm amount equal nj
greater than the interest they will Il,
charged by the banks for money. b.
auestlorsl,lv strong building anS
loan nsS cisilon would bc a Rrca; Ia
tor IN IN" building of homes.
hut there are other questions whicl
.,Igh, 'nRllv affer, the building ~
the town. Amongst them IN the nee
% NI@ndiiu. ~ the taxes pr
MARTY Tor the purpugc uf making l
% i,,,a town Ia live IN and fixc'
determination that the taxes shall b.
expended ior the greatest Eu0d ~ al
tn "~'plr.
There can be- no question ~ tn
ne, . ..,y ~ good schools. and by TIL
I In",n. mure especially well paid ~
firlcn, teachers IN ample uuantiticT
~ ~ tho m.r.crowdcd class maj
lie n thing of the past and tn" tlre'l
wUn - teacher msV not be- Sirainel
u 10 Ire king point. hy irving .
ID TIL work that shorld he done b.
two ~ three lnstc1d ~ one.
TAcye " very serious danger VI
We emerge from the times ~ cnth'l
slssm. which existed during the war
that W. win carry forward into th
now - - earnest effort. hard wor
frug ,lliy and honest returns for hon
est efforts. sogre of the extravaganza
and psrhaps. I might say re@iles'
ness. which were necessary when "
had o. put our shoulders Together :