The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-07-12
REALTORS ARE
AGAINST u. S.
HOME BUILDING
Would Stop Construc-
ton by Private En-
ferprise.

Chicago, July I've are oppos-
ed to pa .ernalism which would pro-
vide for government construction of
homes for any of our people," Ed
ward S. Judd of Chicago, former
president of the National Associa-
tion of Real Estate Boards, today
told 1000 realtors representing 400
real estate boards in every section
of the country, in welcoming the
visitors to Chicago for the annual
convention of the association.
Six Million Own Homes.
Government building of houses
in times of peace" Mr. Judd said,
would mean cessation of building
by private enterprise. The secretary
of labor recently announced there
were more than six million families
owning their homes in the United
States, more home owners than in
any other country in the world.
"a solemn duty rests upon US to
give our organized support to ev-
cry measure which will tend to pro-
tect these unorganized home own
ers."
"Let Business Alone"
Mr. Judd asserted palliative meas
ureS proposed by the committee on
reconstruction and production of
the senate to bring house construc-
tion back to normal would be of
little benefit and said that what the
real estate business and business
generally needs is to be let alone.
Taxation is expected to be the
predominating issue to come before
the convention which continues
through Friday, because of the opIn-
ion of many realtors that the coun-
try's housing and building situation
hinges to a large extent on revision
of national revenue laws.
Other national problems to be
considered include the housing
shortage, building stimulation, city
planning, agricultural interests, ma
tional finances, civic hospitality and
phases of realty activity.
Senator Calder Speaks.
Senator William NJ Calder of New
York and Melvin A. Trailor, Chica
go bank president, are among those
who will discuss business anddinan-
cial issues. Today's program in
cluded address by Frank B.
Riley, Portland Ore, humorist and
sales tax led by John S. Hord,
Washington, ID. c., former commits
sioner of internal revenue for the
Philippine islands, and Charles t.
Moffett of Minneapolis, chairman Of
the committee on taxation of the
National association.
A general sales tax would not
only produce suffi cient revenue to
run the federal government, but
would aid in reducing prices, John
S. Hord of Washington, ID. c., told
the convention. He was one of
those who drafted the Philippine
sales tax law, which he said had
been in successful operation for l6
years. He urged repeal of the ex-
cess profits tax and substitution of
a sales tax
Restrict Immigration.
Restriction of immigration until
America can digest the foreign
population now in this country was
urged by Frank Branch Riley Of
Portland, Ore.
Uncle Sam is at death grips in a
colossal contest for foreign COM
mercial supremacy" Mr.. Riley
said. Our splendid isolation of
few years ago is gone. Never again,
in trade or in politics, can we pur-
sue the provincial policy of indif-
ference or aloofness from the af
fairs of the world. Entangling al
liances we shall avoid where we
can, but the world has shrunk to
q neighborhood."