davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-03-06
NEED TO RESTORE
BUILDING ACTIVITY
Would Help Materially to Re.
store Normal Con-
Conditions.

while general business condi-
tions of the country seem to be i'm
proving and the public state of
mind is becoming more stabilized
and optimistic, the greatest essen
tial need Is a restoration of build
ing activities" comments d. w.
Straus of d. W. Straus and Com
pany.
Business in general will not be
at its best until these activities
develop because in this way a very
large percentage of the present un-
employment will be absorbed Al
most every branch of business is
susceptible to the influences of
building conditions, and active op-
erations in that industry would
have a most exhilarating effect.
Uncertainty as to price condi-
tions still exerts q restrictive ef-
feet. although the preponderannce of
basic conditions are against cheaper
building cost tendencies.
costs may be marked down here
and there as the result of some To-
cal or unusual condition. but the
general trend is towards sustained
prices.
There are some slight recessions
at this time due to inactivity In the
industry. depressed times and un-
employment, but when extensive
building starts up again, prices
are likely to strengthen.
Hence, II seems within the
bounds of good Judgment that moth
ing tangible Is to be gained by de-
laying building projects at this
time.
Some efforts have been made to
stimulate new building operations
by artificial means. but these have
had little or no appreciable effect
up to this time. The law of supply
and demand is the basis of all eco
nomic development. and. while 1t
may cease to function for a brief
period. Il is always the deciding
factor In the inal analysis.
with q nation so seriously un-
derbuilt as Is now the case with the
United States, q movement which
will restore normal conditions can
not be long deferred"
The Washington herald., 1921-03-06

and labor unions might voluntarily
incorporate themselves under the
Federal law and come under Fed
eral regulations. II such incorpor-
ations benent thereby. others will
follow, and the responsibility Of
groups of employers and employees
organized for trade purpose will be
fixed. while collective bargaining
will become a practical reality.
through making the bargain a true
md binding agreement. II seems to
me that the time has come when
we should take hold Of these mat
ters and stabilize such conditions
through Federal incorporation.
would Facilitate CONSTRUCTION.
These and other legislative mat
ters are designed to facilitate rather
than to subsidize housing and con-
Istruction."
Discussing credits for the build
ing of homes. Senator Calder said
that I'VE should put an end to our
present policy Of going farther and
faring worse. and build up the basic
Industries Of the country to supply
the future needs of the people. The
question which I have been tuning
over in my mind for months is why
have we not used a larger part OF
our surplus labor and materials for
the upbuilding of our own national
rents may be lowered; improve our
railroads so that our goods can be
promptly moved to market; improve
our terminals. our coastwise ship
ping. and our inland waterways.
"a he NJ "A
war we have heard a great deal
about the inadvisability Of invest
ing mohey in fixed capital in this
whether 1t would not have been
portion Of the ss,00o.00o.000 credit
expansion during the year ending
June 80. 1890. to the building OF
homes and railroads and plants. 1t
now appears to many that the
losses which might have been in
|curred by any depreciations in
these building values, due to de-
lation, would be less than the
losses which will have to be taken
on commodities on which the S.
900. 000. 900 have been used. Had
this been done we would still have
the plant and building with their
greater earning power which would
serve US for the export of coal and
other basic necessities at prices
which would enable us to compete
with the world and which would
form a broader basis on which tax
alton might be levied.
From the experience OF England
and France in attempting to solve
their housing problems we know
that II is impossible to solve ours
through Federal or State pater-
nalism, because in doing this the
government would, be attempting to
subsidize itself. and 1t Is to be
hoped that our reconstruction proc
ess will proceed through private
initiative and enterprise"
The Washington herald., 1921-03-06

Cannot Rent
For Less Than
$40 Per Room


The housing shortage at rents OF
$50 per month per room and under
is acute and daily becoming more
SO. says Stewart Browne, Of New.
York.
Eighty per cent OF New York
city's population cannot afford out
of their earnings to pay $50 per
month per room for rent.
Land values, cost Of material. la
Dor. taxes. mortgage interest, main
tenance and operation are so high
that II is impossible economically
to rent such new housing at rents
of $40 per month per room and under.
IL there was $1,000. 100000 of
mortgage money ready for new
housing and solvent builders ready
to incur liability for mortgage loans,
little IL any new housing would or
could be built to rent for under
$50 per month per room
The United States or the city of
New York will not overcome the
housing shortage in twenty years
unless il subsidies every new multi
family housing building to the ex-
tent OF rs per cent or more OF Its
cost Exemption from municipal
taxation for five years will help,
but IL isn't sufficient.
Compelling New York States 6
financial institutions by statute TO
invest 100. so. rs, 10 OF s per cent
Of their assets in housing mortgage
loans will in my opinion not build
new building for housing, but
probably prevent the present call
ing OF mortgage loans.
The Washington herald., 1921-03-06

fully usurious interest. It's a cir
Gle. but it isn't a vicious one.
Get the idea brother? "A good
tale will bear twice telling" SO here
she Is again in short chapters:
1. Proud, bloated rent profiteer.
Lowly. disgruntled tenants.
2. Tenants get bright idea. Chirk
up and kick patent nostrum hous-
ing remedies into outer darkness.
,. Tenants pool their pennies
daily. creating untold millions of
dollars.
4. Untold. millions of dollars pro-
duce housing in great measure, at
lowest possible rents.
s. New housing Immediately
smashes exorbitant rents.
s. Reduction of rent equals three
to ten times the daily investment
of pennies.
T. Housing costs nothing. because
II is more than paid for out of re-
duced rents. which come out of the
hide of the profiteer.
s. Last scene. Bubbles arising
from profiteeer. Great joy, content
The Washington herald., 1921-03-06
Building Delay May Demand
Europe's Paternalistic Plan
Senator Calder Says Country Fast Nearing
Conditions Prevailing in Foreign Lands.
Would Have More Home Owners.

II the United States is to avoid a
housing subsidy, 1t must afford
every practical and economically
sound facility for the active resump-
<tion Of construction work. accord
Ing to Senator william NJ. Calder.
chairman OF the Senate Committee,
kon Reconstruction. He warned the
business men at the recent housing
conference that the continually in-
creesing housing shortage in this
country may bring about q state of
need that paternalistic subsidy leg
tslation may be resorted to.
We may be approaching a con-
dition OF affairs such as exists in
many European countries today" he
said This will mean the adoption
OF European precedents born of
.paternalism of monarchies. rather
than a continuation of American
presidents which have made IL pos
sible for each man through excep-
tional thrift and industry to become
a property owner"
Senator Calder asked support for
legislation that will afford every
facility for more construction and
more ownership Of homes, thus re-
lieving the critical situation brought
about by the housing shortage and
forestalling subsidies.
Opposes Income Tax Exemption.
On the question OF tax exemption
to stimulate house construction.
Senator Calder said that he was
primarily opposed to all exemptions
from the Federal income tax law.
out the drifting Of money away from
the mortgage market had been so
!. great. and IL was continuing at such
IA rate, that we either must forego
the making good of our housing
shortage until all tax exemptions are
abolished. or else adopt temporary
measures of this sort. pending the
abolition of all tax exemptions.
Il propose to urge the decentrali-
xation Of our Federal taxation sys-
tenn. SO that q citizen may go to the
authorities In his own locality and
settle his tax matters finally and
promptly each year. Matters to be
thus handled are OF no more vital
concern than those of. the draft
boards which worked so success
pully and which were decentralized.
':As to the combinations in the
building industry which exploited
the public. we already have the
Sherman Antitrust law. and the
Clayton Act, the administration OF
which Is the function of the De-
partment of Justice. These acts,
however. do not cover combinations
between employer and employe. nor
do they adequately give supervision
of the many trade associations, q
large portion of which are for legit-
imste trade promotion. and without
which the commerce OF the country
cannot expand. I have given much
/ thought to an act permitting. but
not requiring, Federal incorpora-
<tion to cover these associations and
labor unions so that the aristocracy.
At least. among trade associations
The Washington herald., 1921-03-06
BUILDING LOAN
BODIES PROMOTE
THRIFT PRACTICE
Cater to People With
Small Funds to De-
posit Monthly.

The latest statistics show 7.7SS
local building and loan associations
in the United States, known by va
rious names, according to the annual
report of Archibald w. McEwan, sec
retary New York State and Metro
politan Leagues of Savings and Loan
Associations.
The membership of these associa-
tions is 4.290.o00. and assets have
reached s2,l26.s2o,0 900. The associa-
tions showed a 10 per cent all
around increase last year. and this
year have increased in assets and
membership at least 15 per cent.
There Is a reason for this Increase,
and 1t is. according to Secretary Nc
Evan. that thousands of persons
have come to realize that these as
sociations so further in solving the
housing problem than any other
agency In the United States that has
stood the test OF time, to say moth
ing of their being ideal thrift organ
izations.
Close to Common People. /,
In concluding his report Mr.. Nc
Evan says: There are no other
thrift and home getting institutions
which have the sanction OF their
State governments that are so close
to the common people-the man on
the street. SO to write-as these saw
ings and loan societies. For exam
pie. take the thrift side. No other
financial institution supervised by
the State cares to bother with a man
or woman who saves only 81 q
month-yes, 81 month has been re-
cefved by many associations-and
the 81 Is welcomed because 1t shows
tendency to get under cover for
the rainy day that comes to most
persons during their lives.
Then, too, every person who de-
posits money in one of these asso-
Citations has a voice in the manage
mcnt and can find out where every
dollar Of the money Is invested; the
depositor or member gets AZ or 5
per cent for his savings; all the
money received from savers Is in
vested on small first mortgages on
homes. No association can lend
more than fifty miles from its office.
Are Purely Mutual.
These savings building loan as
sociations are purely mutual, and
have only two reasons for existence:
Promotion of thrift and promotion
OF home ownership among persons
OF moderate means. Systematic saw
ing Is encouraged, and IL a person
saves only IS each month (most per-
sons can save this amount) he will
have $1,000 in a little over twelve
years with an association paying s
per cent dividends. This brings up
the question: How can these asso-
Citations pay Az and mar cant diyj :
dends year after year with safety?
The answer is that these associa-
tions as a rule are not open every
business day unless they are large.
and that considerable work is done
without financial remuneration: the
feeling pervades boards of manage
ment that 1t is constructive good
citizenship"
The Washington herald., 1921-03-06
Refusal TO Rent to Those
With Children May Be Crime

It will be a misdemeanor punish
able by fine Of from $50 to 800 for
a landlord in New York to refuse to
rent to families with children IL As
semblyman Rooseyelt's bill is passed.
It is an amendment to the penal law,
and IL enacted will appear on, the
statute books as a new section
known as @OIl.
Mr. Roosevelt plans by its provi-
sion to protect the family with chill
dren under IL years Of age from
discrimination at the hands OF land
lords. Here is the section:
ANY person or corporation In any
city owning or having in charge any
apartment house. tenement house or
other building used for dwelling
purposes who. shall refuse TO rent
any such dwelling OF. part thereon
The Washington herald., 1921-03-06
Should Refrain,
From Posting
Numerous Signs

TIE unautheriEed placing d
sTe Let1 Or "For sale. sfxn.
upsn properties IN charge Of q
fellow broker sheuld never ee-
sur. nor the posting Of numerous
sigma, eyes ~ permitted 30 to
Do, ~ these practices handicap
the enerts Of the owner and
every broker represented and
awaken the ridieule Of the pub
lie against the entire real estate
fraternity.
This 10 paragraph Z. section
III, OF the code Of ethics Of the
National Association Of Real Es-
tate Boards.
The Washington herald., 1921-03-06
Modern Rent Profiteering
A Repetition of History

An interesting side light on the
profteering methods Of landlords of
Paris In 172o Is provided by Arthur
3. Reeve In Worlds Work. 1T is
probable" says Mr.. Reeve, that the
Prince Of CArignan, from whom
John Law rented the Hotel de Sois-
sons, was one Of the few figures In
the mad speculation which occurred
In France In 1720, to make a for
tune and keep It. In renting the
building he stipulated that the gar
dsns remain in his control and that
he be granted . monopoly to the ex-
tent that dealings in Mississippi
stock be legal only within the con-
ines Of his grounds. He erected
500 small tents and paviIions for
the use OF workers and their clients,
and IL is estimated that his rentals
for space in the garden netted him
nonthiy an average Of over $50, 900"
The Washington herald., 1921-03-06

TO a person or family solely on the
ground that such person or family
has or have a child or children un-
der the age OF IL years shall be
guilty of a misdemeanor and on con-
viction thereof shall be punished
by a fine OF not less than $50 nor
more than 800 for each offense"
The Washington herald., 1921-03-06
Dwelling House Burns.

LURAY, va- March Sire few
days ago destroyed the dwelIing
house of Mrs. wanie Finter. widow
OF DR.. III. r. Finter. at Akma. This
county ten miles south Of Luray.
The Washington herald., 1921-03-06
New York in 1850.

lation of 1l,0G0,0 900 in 1850, accord
ing to a prediction made by Walter
l. Willis, secretary of the Queens
boro Chamber of Commerce.
The Washington herald., 1921-03-06
$4,000.
WASHINGTON HEIGHTS.

Bancroft place. This very attractive prop
erty. stories, contains II spacious rooms.
baths and servants bath; frst-floor kitch-
en- and buffers pantry; parquetry floors;
real hreplaces; recently pspered and painted;
house in nrst-class condition; special electric
lighting fixtures; large closet In each bed.
room; packing room and cedar closet; occu.
pied By owner; inspection BY permit; lot to
a 15-ft. alley.
The Washington herald., 1921-03-06

Women were empaneied as Jurors
for the first time recently, when six
women were chosen with sir men
to decide one of London's most
sensational divorce cases.
The Washington herald., 1921-03-06
S3O,O00.
ON 18TH ST. (VACANT)

Near ST., a most desirable property.
Purchaser can get immediate possession.
Three stories, containing 0 large rooms and
ed by steam; large lot to wide alley; has
large garage, with two rooms above. This
Is q very attractive residence. and is suitable
for a physician; can be economically con-
verted ino an English basement.
The Washington herald., 1921-03-06

ment and peace reign in our city.
Housing and traction problems both
solved at once. Selah!
The Washington herald., 1921-03-06
$25,OOO.
NO. 507 A ST. S. E.

Owner will allow inspection by appoint
ment.: and possession can be had immediate
ly. In good condition; two-story brick; nine
rooms and modern bath; new hot-water heat
plant; lot 22h11oo IT., contain 2,25s 50. IT,
The Washington herald., 1921-03-06
$24,O00.
M. ST., NEAR CONN. AVE.

Vacant. Convertible into business proper
ty; stories. English basement; now con-
tains II rooms. bath and 8 toilets; has gas.
trust of $4,000 at per cent. due In about
2 years. Reasonable cash payment and bal
ance terms to suit. Price,
The Washington herald., 1921-03-06
s27,5oo.

THoS. J. FISHER & CO., Inc.
1888 18th st. N. W. Main $3.50.
The Washington herald., 1921-03-06
S2I,OOO.Oo
Near 18Th ana Corumh,.

Business locality. The owner Sas author
containing 10 rooms and baths. Deen lot
to paved alley. Suitable for most any Kind
Of business. IMMEDIATE POSSESSION
will be given.
The Washington herald., 1921-03-06
Price $4,000.

East Capitol st. near the Congress
sioual Library. modern house. eleven
rooms two tile baths. hot-vster heat.
electric light; lot 1916 Ny l2s to 30
foot paved alley; room for four garsEes.
This neighborhoOd Is frst-clsss aud you
will find this property as good a value
as any you have been offered in this
section at this price. Possession can bc
given when transfer j. made. Terms,
5000 cash halance 500 month. in
cludiDg interest and principal
The Washington herald., 1921-03-06
s2a.ooo.O0
Ns.r Iets and Colorado Az.

Beautiful detached home. situated in the
midst OF most refined surroundings. Contains
10 rooms and baths; center-hall plan
Thoroughly modern In the appointments
Tapestry brick garage. harmonizing with
The Washington herald., 1921-03-06
Price SS,5c0.

c It s. T.. near the House Ohice
Building An eleven-room house. in
perfect condition; good lot TO paved al
ley. A neighborhood that is splendid
for rooming house purposes because IL is
convenient to all car lines and the gov
ernment buildings. Owner leaving the
city is the reason for selling. Posses
sion will be given when transfer is made.
Terms.
The Washington herald., 1921-03-06
S1S,00O.00
Chevy Chase. ID. c.

Detached corner residence In this beauti-
full subdivision. Contains Q rooms and
baths. Heated BY hot water; open fireplace
Oak floors. Stone porch. Built-in garage.
VACANT.
The Washington herald., 1921-03-06
Csrcoran Street. Ne,r M.

"A splendid 3-story and cellar brick resi-.
dence. Partly furnished. Contains o roou,s
and baths. Gas and electricity. New
plumbing. Well heated. 0ut-of-town owner
anxious to sell.
The Washington herald., 1921-03-06
JOHN F. DONOHOE & SONS,
3l4 Pennsylvania Aveme E.
Price $3.50

New Jersey ave. s. z, near the
House Once Building. An eirht-room
and bs tn, modern brick house. In . per
feet state Of repair. Key at this Office.
Terms.
The Washington herald., 1921-03-06
$13,5OO.O0
&0,0Oe.UU

Located en- Mass. ave. Contains 10 rooms
and baths Lease expires on April l.
Very reasonable terms.
The Washington herald., 1921-03-06
S12,00O.O0

Located on the Heights. Owner leaving
city will sell and give IMMEDIATE POS
SESSION Of his beautiful home. Contains
0 rooms and baths. Heated by hot water.
Every modern Improvement.
The Washington herald., 1921-03-06

rooms and bath. Hot water heat cs,.,.
Owner occupant will give IMMEDIATE
POSSESSION. Only $1,000 cash REQUIRED.
balance $50 per month.
The Washington herald., 1921-03-06
NJ street NortAv.,,.
astA sired Her,h,....

3-story window brick o rooms ant
bath. out-of-town owner Is snxious to sell
The Washington herald., 1921-03-06
Detached Petworth Hon,
S6,OOO,O0

rooms and Sbath; excellent condition:
heated by hot water. Electric lights. IN
MEDIATE POSSESSION
The Washington herald., 1921-03-06
Corner Residence.

west Of 14th st. A 2-stoty brick. Cen
tral hall. within walking distance Of the
goyernmeut departments.
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1921-08-18
A GOOD BEGINNING

s. SO
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1921-08-18
LOOKING TO THE FARMERS

Present indications point to the 1act
that the farmers wheat, corn ana pc
tatoes are going to be mighty popular
articles in the cold world next winter.
Because all of the farmers in Europe,
Russia, Armenia and India suffered
crop failures this year the world Is
turning to the American FARMER TOT
their daily bread next winter. In
Russia ard Armenia conditions are par
ticularly bad. From reliable infornla'
ton as to the situation in Russia con
ditions are far worse than they were
in the famine Of 1891. There is a
marked similarity between the condl-
lions this year and those OF 1891.
Drought in central Europe and Russia
blighted all food crops and the surplus
on hand was small. Europe then de-
pended largely upon Russia for their
food supplies and were forced to seen
saSplies in America. In that year also,
Tolstoi asked the Russian government
TO buy corn in the United States to
feed the starving. AS a result the ex'
port total of wheat from the United
States went to a new record and prices
took a big rise. In addition many ship
loads were sent over as gifts OF the
American people to the starving. The
United States harvested IN abundant
crop that year, far in excess OF any
previous record which is a condition
that does not exist this year for the
crop Is below average and the surplus
will not be nearly as large. Famine
conditions in Russia are aggravated by
the almost entire depletion of food sup
plies due to the fact that very little
has been produced in the last seven
years Of war conditions and political
upheaval. The transportation system
Is in virtual decay, rendering move
ment of grain difficult and in some
places, impossible. Under the soviet
regime the farmers have been dis
couraged in raising anything above
their own needs for any surplus they
had was commandeered by the soviet.
The industries of the country have
fallen off 80 per cent SO the urban
population has little or nothing to
offer In exchange for food stufs. In
his promises for American relief
Hoover made ii conditional upon the
release Immediately of all Americans
held as prisoners in Russia, to which
the soviet promptly acquiesced. This
is held by many to be an acknowl-
edgement of the soviet that they are
indeed In a bad way and X the famine
Is not alleviated chaotic conditions
will be entirely beyond their control.
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1921-08-18
RAILROAD

II the railroads are the accurate
barometer of business that they have
been regarded, the skies are beginning
to clear in this country, for the show.
ing made by the carriers for the month
OF June Is most encouraging. Net op.
Grating revenues for that month were
$51, IT'S 900, which is an increase of
$14,697,34 over the net operating rev.
enues for May. or the 2O2 class one
railroads reporting, but 70 failed to
show a profit in June, as compared to
50 which showed a loss in May.
The railroads have a long distance
to travel in order to get back to a
state OF reasonable property, despite
the gains they have made of late. The
net operating income shown for June
Is equivalent to an annual return of
81 per cent on the fair valuation of
the roads as determined by the Inter
state Commerce Commission. In MAY
the net income was at the rate of "a
per cent on the valuation. This shows
a very decided improvement, although
1t is still far short Of the 6 per cent
return contemplated by the transporta.
ton act.
The improvement in the railroad sit.
uation Is not to be disregarded, for it
Is highly significant. The last show
ings certainly furnish a very substan.
tial basis for confidence in the future.