davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-01-29
By William Douglass kiratrick k

~ w iiaAoiti A)O0S 1000 M i<es ~ ~ ~
The announcement by counsel Of the
lolnt housing committee OF q tentative
plan whereby the Metropolitan Life In
suganco Company, subject to the con-
sent Ct the Lcgisl lature, viii embark
on housing plan to spend s100 900 900
the rents in which housing arc 20 be
about 50 per room. has commanded de-
servedly wide attention.
EvcN If the Legislature should estab-
ish a most unusual. not to say danger
Gus. precedent in allowing trustees to
invest the public's money in manner
heretofore prohibited the question
arises. Can this company rent space a,
SO per room to receive 6 per cent net
on its investment. with adequate sccu-
ri;y for its 100000, 600? In the alb
sancc OF specific details. it is assumed
that the proposed type Of housing will
be OF the improved "walk-up" type, with
baths, steam heat. not water supply,
electricity. etc, and non-fircproof CON
struction. and in the absence of Aoor
plans showing percentage of lot Gov
cred. size Of rooms, etc, it is not pos
sible to determine tho feasibility or
practicability of the plan.
But by making comparison with
inc costs and rents Of new buildings.
produced By operating builders ;at min
mum costs. it is possible to hazard a
guess as to the possible or nroha bl q
success OF the venture, as outlined
Not Like Metropolitan Plan
1t must be borne in mind that neither
the metropolitan Life Company nor any
othcf owner lespecially an. institu
uon charged With the proper care and
investment Of the peoples money in
trusted TO its chalgc) can rent
housing space at 6 per cent net only
ON its investment.
Mortgage loans are restricted b,.
law to SO to G6 2-3 per cen, Of tho an.
praised value OF rea property. and this
company aud other lenders have rron-
erly insisted on an amortization of 4
per cent of the mortgage loans on new
constructior, due to the fact that thc
cost OF production is 100 per cent above
pre-"ar costs, and recent loans have
neen mace on this excess cost basis,
hcse loans, Infinitely heavier than
those on prc-wa duplicate units. have
largely been made on the basis Of ex-
cossiveiy high rents obtained in new
construction. which income enables the
owner TO meet the per cent required
amortlzation, plus the 6 per cent
interest.
AS the metropolitan Life has re-
CURED mortgage OF 60 per cent of
the property value to be rednced q,
the rate of per cent Fer annum. il
must necessarily, if it has a 100 Der
cent investment instead of so per
cent 'nventment. amortizc its cost at
a stll higher figure. say. 5 pcr cent
inns per cent plus 6 per cent makes
II per cent net on the cost.
50 Rent Impossible
Without allowing anything for physi-
ca or economic depreciation the fol-
loving results are shown: Sav that tho
cost including cheap land, of a walk
up unit, containing 200 rooms of most
moderate size, is 31S0,0O0. Tho qross
New-York tribune., 1922-01-29
Fiat Builders &c. Monev
10 Erect for $50 Families
Lawyers Mortgage Compa,r,
Advances Over 1000, 600
on Projects

The Lawyers Mortgage Company
agreed last week to advance sSSs. .5oo
to builders TO erect housings for 2sa
families in Manhattan and the Bronx
The previous week the company lcni
$l,267 900 to builders for the const,,uc.
ton of homes for 306 families. The
following is a list of the new operations
and the amounts advanced:
southeast corner Beck Street and
Longwood Avenue, 100000; oOlA Nor.
rls Avenue, $4,000; cast side Morris
Avenue, 450 feet north Burnside Ave-
nue, $4,000; so St Nicholas Place
$4,000; east side Shakespeare Avenue
l6' feet south Of Fcathcrbed Lane, eight
loans at $500 each, 5000; 50 Gin
ton Place, 100000: southeast corner OF
Harrison Avenue and lsOth street
81 sed 1900; cast side Davidson Avenue
369 feet north of Burnsdc Avenue
?loo.o 900; east side Davidson Avenue
sS9 ss feet non north Of Burnside Avenue
Ssao9ooV; 81 west side Cruecr Avenue. l5(
loans at $500 each, ,s25, 500,
New-York tribune., 1922-01-29
BY Stewart Browne
Fres'deN, United Real Estate Oevu-

crs' Association
Samuel Untermycr. who has done
some splendid work in curing certain
"V'lS IN the body polite" suggests
that if the law of New York State bc
changed to permit life insurance COM
panlcs 10 buy land and construct. own.
rent and sell housing for the masses at
rentals not exceeding SO room a
month sn dnot exceeding 6 per cent
interest per annum on such cost, the
metropolitan Life Insurance ComDanv
VIII invest 100000 900 of its assets in
such property in New York City.
Can't Buy Real Estate
Let's see. Life insurance comnanies
are organized to issue life insurance
and grant annuitics on the lives of the
people for the protection of their wild
ows and orphans. They We're not or
canned Tor the purposes suggested.
Jhcy arc wisely prohibited in this state
and practically in every state from buy
ING or owning real estate, except for
lhelr own Immediate use and occupaucv
They are authorized to lend on mort
gage secured by certain clas, of
realty not exceeding two-thirds of it's
actual cash value, and they are now
DONG so at Is per cent interest per an
mum.
No New York State Insurance com.
panY can transact any business in any
other state without the latter's consent
If such an amendment became law some
states would, on that account, prohibit
New York state insurance Companies
from transacting business in these
states, just as has been done in the
past when New York State life insur
ance companies issued certain classes
OF policies, they were compelled to
cease issuing them anywhere in tho
world or cease transacting business in
such states.
Doubt Company Means Business
have no doubt that a policy holder
could by injunction, prevent any life
1nSuranc" company from investing any
Vl us assets IN such an enterprise I
also have grave doubts that the Metro
pol'tan would invest 100000, 900 or
"'oo'o'ooo or even Sl,00O.00O in such
an enterprise doubt also if the
Mctrono'ltan, during the past wear.
mas lcnt on mortgage 81 .0OO.oOO on
NC" York City new housing at. G5 per
cent OF cost value and renting for
even H@2 per room per month, and it
cou'a make S1o0,o00,G00 of such mort
gage loans Mt 6 per cent interest. Whv
then should it invest 100 per cent Of
cost as owner?
me Mctropolitan's officers arc mo-
body's fools, but hard headed business
mon who know all about New York
City realty and mortgage loans. They
arc however. quite willing to have Mr..
ontermyer or anyone else give the
Metropolitan such splendid newspaper
publlcity as this has done.
personality. think such an expert
ment as Mr.. untermyer suggests would
DC splendid experience Of "burned
myers; and would be conclusive
proof, but which proof would not ho
accepted by the people. as to tho con-
stant destruction of property bv cor
tam Classes of tenants and that such
property could not economicallv he
operated and maintained at 6 per cent
net income on cost, irrespective of the
rents charged. ''N
New-York tribune., 1922-01-29
Investors Purchase BROOKLYN
Homes and Hama S;.o.

Ihc Bulkley & Horton Company sold
10 tAghty first Street, a modern de-
eachco residence with garage. S0x1Oo.
for a client to !. Wohnsiedler
Charles Partridge sold the two-fau-
Iiy dwelling at ITO Union Street for
Louis +. Saban. w.
A. Mishkin sold. through Mr.. kro-
monotf to the Gordon e. Jaffec Realty
corporation plot on the southwest
corner of Avenue 7 and Fas. Th;r-
.centh Street, 1o0xl05, for erection vf
two family houses. W
Henry l.. Nielsen sold a plot, 4ox15o.
on the east side of Ocean Parkway. be-
tween Avenues L and L. for Max H.
Msicheison: W also plot, 40x15O, adjoining.
tor Christian Eammercr e'
New-York tribune., 1922-01-29
City's Tax System
Is Not Fair TO
Property Owners
Docs Not Provide for Re-
dress, Except at Great En-
pcnsc, by Court Action

The method of levying taxes. in fact
the entire system of assessment in
New York City, is criticised by the New
York Reform Association in It's annual
report, which has Just been issued.
The association finds many faults with
the system, which seem to have failed
to recognize the progress made in mod
eln methods Of lovying and collecting
taxes. 1t is too unweldy to be e.
tlcient. Here is what the association
has TO say on the subject;
lhe present Organzat lon of the city
lax Department is unwiciGy and the
board of seven members entirely too
large. The head OF the department
should be either one commits ssioner. OF
a board of three. The interests OF tho
several boroughs can be protected by
proper administrative organization and
also through a board of appeals.
'Ncw York is perhaps the only state
where an aggrIeved property owner can
complain only to the officials who made
the assessment. unless he undertak kes
court proceedings tina, are both ted
ous and expensive. Many states have
a system Of appeals to local. county
and state boards. that is expeditions
and cheap. as such boaros can act with
less formalty. than courts Others give
Al least one appeal outside of tine
courts
There should be established in the
City Of New York, Board OF Tax
Appeals. TO hear and determine sum
marily all matters Of overvaluation or
discrimination N assessments In
order TO keep down the number OF
appeals to such z board, the present
plan of filing protests with the Tax
Department could be continued as
many coinp'sints can be adjusted by
the assessors; but there should be no
expense connected with hcaring be
fore the appeal board. Much o. the
owners is duo to the fact that il docs
not pay TO bring suit in court Ger
tlorarD unless reduction Of at leas.
$4,000 IN the assessment can be cx-
pected, and the only other remedy open
IS to aprcal TO the Tax Board, under
whose direction the assessments arc
made. 10 the man Of moderate means
this is simply a denial of justice.
"A taX appeal board vouio ALSO It.
hcrc the courts OF large part Of pres
ent tax litigation, as it is the cxpcri.
cnce IN other states that satisfactory
adjustments can be made in the great
majority OF appeals brought before
such board
"This year the Legislature authorized
second and third-class cities to abolish
their boards of assessors and to es.ab-
i,sh department Of taxation with one
commissioner at the head, who shall
install scientific methods {. sssossnlsn nj
with tax maps. unit rule. etc The corn
missioner, the chief fiscal officer. and
the legal adviser of the city, are con-
stituted board of review, unless some
other board is created BY ordinance.
In smaller communities such an ex-
ofFcio board may be effective, but in
the City of New York. where officials
have so many duties. deputies would Of
necessity be designated ard there
would be no direct responsibility TO
public opinion"
New-York tribune., 1922-01-29
improvement for BROOKLYN
Site Leased for SI. 600. 600

Joseph M. May negotiated lease for
Arenur n. Waterman and the Realty
Associates to Harold +. Witteman and
associates of 6 to 16 Lafayette Ave
nue, n, southwest corner Of Ashland
,lace, fronting 1877 feet on Lafayette
Avenue t,, and about 100 feet on Ashland
r, r,scee running to within 40 feet of
s,atnush :, ndu Avenue, at rental of about
l.oVo;ooO. There are six four-st
orlsk buildings on the property. which
"'i' be replaced with two-s story busi-
ness buildings. Plans are being pre-
pared and work will start immediately.
INC property is opposite the Brooklyn
Academy Of Music,
New-York tribune., 1922-01-29
Tax Exemption Privl'es'
ToBe Extended in Jers'
Bill Introduced to GIVE D r;,.
crs Another Years rsssS |. n,V..
To he Partly Freed OF iaS.' !.

Tax exemption M NV ' car rpa'''
be extended for another sHaI ;ntrodues
tho provisions of legislation au Inv
last week by Senator s'mpsV'o mp, 'oetes
exemption Will expire neAt Att.,;et III
under the present act. me :. v1 Jerss. !
the housing shortage IN New New arc NJ
still serious and induceme.nss. e.r,.tiou ~
essary to encourage cons15I;us,t c5 5;"s the s'
the reasons given for eHtenoo9ss' 'oos
emption until October !, ss lss'. .lp ~
Senator Simpsons measure; .;an III bs s.
vdss that iSa factory e0.,s:ruet''p9 y 9.sias, s
lowed the same ADVANTAGES noses ~ ~
tial construction. He prop0'ssu 'ssutr'
factory buildings, whether whi.:,, ~ 70 sn T
new project or an addition - tssss
listing plant, should be CIV gwen obiee.
sidy for five years: ths n.ssy pr
the bill is to make New Sef', ,sttsseas
erential factory location Wy uhs'
manufacturers from New av's =. tcs
no tax exemption is allowed
mcrcial enterprises.
New-York tribune., 1922-01-29
Rent in Jersey May
Be Placed at 7OP. e..

A MEASURE was introduced last
week in the New Jersey Legis-
laturc fixing the rate of income from
residential property at 10 per cent
net. The measure is an amendment
to the antirent laws introduced the
previous year by James Cannon, Di-
rector of Revenue and Finance of
Jersey City.
The new measure does not become
a law in community unless ac-
cepted by the local governing BODY
by majority vote.
Mrs. James 4. Brown, of Jersey
City, who introduced the bill. said
that the measure would block the
weaknesses in the old law discoy-
cred by profiteering house owners.
New-York tribune., 1922-01-29
Plan SI.5OO.OOO Hotel
For Old Restaurant Site
2O-Stcry Building 10 90 p on
Land Formerly Occupied
bv Mack's

Jei>~ Il. Sess:er architect AND build
81. plans erec,I1g 4 twenty story hotel
on the old Mock restaurant property
and adjoining land ut the southeast
co-rer OF Eiehtr Avenue and Forty
sixtn Street. according 10 the Ward
Building Rcpor's.
TIE proposed structure is estimated
20 cost 81 10000 The site measures
so feet on the avenue and rs feet or
the street. ard wss purchased by Mr..
Scheier last August from the Kadel
estate and the Amandakay Realty Com
parv
New-York tribune., 1922-01-29
24 OF .33 Cities in State
Short Of Homes
ALBANN. January IS

A SURVEY made recently by the
New York State Association of
Real Estate Boards revealed hous-
ing shortage in twenty -four OF
thirty-thrcc cities of the state. it
was announced to-day at the con-
vcntion Of the organizations. The
survey made by the organization re-
'ea'cd that the housing shortage
was due chiefly to lack Of mortgage
money. Contributing causes men
toned were the high cost of labor
and building materials.
New-York tribune., 1922-01-29
First Avenue Flat Sold

a client of Charles Sisgcl Levy sold
t. larael Mordsowltz l>a' First Ave
Rne. five story tcnenen. with stores.
46x1oA
New-York tribune., 1922-01-29
Rents Home in 18th Street

The Fouentor Company leased for
Celestine ". Wald, the fvc-story
American basement dwelling, 32s West
Seventy-eiShth Street to Jacob Marks
New-York tribune., 1922-01-29
LARGO Site for New y

H. S. Connolly 4 Co. solo lsafvrtI. ,aI A.
erty at Trinity Place ana en- M'oo 'ooo. 7
nue. 27Oxl3o. held at s9v,sted y
new owners have ALREADY houseC
erection of four apartment :"
the property.
New-York tribune., 1922-01-29

h're ~ero under corstru..;o,
January !, 1922, buildin7s to a nros.
accommodations for 2s .270 iamilis, ''.. =.
when completed they VIII make - ..
OF 1853 famIlies provided for ~. ~.
April !. 1921. Hero Is 4 list Of sor,.
no" under construction: '''
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16
Hooh-UP of Single
Stage Ampljfer
SINGLE STAGE APPLYING UNIT

No. Am simplifying vacuum Oh
hard" tube.
No. 5-Filament rheostat.
No. "a 45-volt "B" battery
No. 7-Six-volt storage battery.
No. Smother telephone Jack.
The six-volt "a" battery used for
The detector tube may be used also
for the amplifier.
Few Wires.
This set may be mounted in a
cabinet about six or seven inches
long and the same height as the de-
tector receiver. Remember to have
as few wires as possible. The
vacuum tube socket IS the same in
the amplifier as in the detector.
Including an extra "B" battery
necessary and the jacks, plugs.
transformer. vacuum tubes and
sockets. the cost Of the additional
parts for the set should not exceed
S22.
Another step in application may
be added in just the same manner.
making the connection along the
dotted line from the jack CNo. 81.
RADIO PRIMER.
Loose COupler-A form Of coupler.
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16

| interview with the Plant Juice Man
In addition to rheumatism l
suffered badly from stomach trouble.
/ Ny food would not digest right. but
would sour and ferment in my
stomach causing gas TO form which
put me in agony at times from the
pain OF IT, Ny liver and kidneys
troubled me a great deal. was
nervous and couldn't sleep right
and the least little thing would wor-
~ me. My bowels were irregular
and all my life had suffered from
the severe rheumatic aches and
pains.
Il kept reading in the papers
about Plant Juice and I thought
that II this remedy helped so many
people II surely must have merit
and I started taking it. II surely
did me a great deal Of good because
my stomach Is in good condition
now and I do not suffer from gas or
pain. have a good appetite and
can eat anything without suffering
afterward. My nerves are quieted
so that I sleep fine and my liver
and kidneys are working properly.
And the rheumatism that 1 suffered
with so much before is entirely
gone.
My husband also suffered from
rheumatism and stomach trouble
and when he saw the fine results
I got from Plant Juice he started
taking It and It is helping him justf
as II did me
I'm telling all my friends what
a wonderful medicine Plant Juice
is and 1 am now glad TO indorse it f,
Plant Juice is sold in Wilmington /
At the Miller Drug Store. 404-4O6 .
Market street; in New Castle by +.
Challenger & Son; in Newport by
=. b. White; in Newark by w E.
Brown.-Adv.
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16
BY II. l.. DUNCAN
Director, Radio Institution


A number Of amateurs are USING
receiving sets with a single vacuum
'tube detector. With little expense
they could add an amplifer TO this
receiver and greatly increase their
reception.
The diagram shows an simplifying
unit which can be constructed for
such a set.
No. ! represents two wires leading
from the telephone binding posts of
the detector set TO the imput bind
ing posts Of the amplifer.
Telephone Jack.
No. is a telephone jack, similar
10 the one used on a line telephone
switch board. 1t may be purchased
at a reasonable price in any supply
store. The plug for the jack at
attached to the telephone cords.
WIN one wants to listen in on the
d-tcctor only, he plugs in and cuts
on, the simplifying circuit automat-
ically.
No. 3 is an audiO frequency trans
former. "A represents its primary
and "B" its secondary.
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16

DISAPPEARED
Lady Has Not Had Single
Pain Since She Took
Plant Juice
ALSO DID WONDERS
FOR HER HUSBAND

IT'S the truth that I could see a
change in my condition right away
after 1 started taking Plant Juice
and I haven't had a single rheu-
matte ache since" declared Mrs. A
r. Gorgas. Of 100 Cumberland
street, Harrisburg, Pa, in a recent
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16

the secondary OF which is brought
into resonance with the primary by
Gliding back and forth within the
primary coil. Tie windings Of the
primary and secondary coils should
be in the same direction. The closer
the coupling the better are the sig
mails received
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16
station WIZ. Newark
(XestinghOusal

~ III IA IA =
$500 A. M-Agricultural reports and
prices as released by the New York
New Jersey and Federal Agricultural
bureaus musical program.
1000 A. M.-Musical program.
100 A. M.-Musical program.
y :00-Agricultural report and prices
as released by the New York. New
Jersey Federal Agricultural Bureaus
weather forecast: musical program
y 90 10 ! p. M.-Standard time sig
nails from Arlington
] 900 L. N. --Musical program
2 900 =. M.-Shipping news excepting
saturday, by the Marine Engineer
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16

very Special 10 yards 40inch UnbIedched Sheeng
SOC RdtSp SutingS, SO inches LDde to close quickly
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16

Z
700 p. M-'Man IN the Noon" stories
(c), Newark Sunday Call
1880 p. Mime. petrova, noted &C
tress. author OF the play "The White
Peacock" VIII sing. recite and talh
10 the Invisible audience. She Will
tell about her stage and motion pic
ture experiences and probably tell
about the love story OF Old Spain
which she has woven into her play
THE White Peacock" Mime PetrovH
viii soon begin a worldwide tour
1850 p. M.-"Children's Stories" by
Podraic Column. courtesy Mcmillan
Co.
$500 P M-"The Eyes Of. the World"
by Wlnifred Hathaway Brooklyn
Chapter Of American Red Cross So
$40 p. M.-"Broadcastlng Broad
way" by Bertha Brainard
$50 =. M.-"PersOnal Hygiene" by
DR. Donald b. Armstrong OF the Ma
tional Tuberculosis Association.
3 80 =. M.-Concert by the Standard Oh
Band Of New Jersey Charles Bied-
man. director.
$3.50 2. M.-Concert by the Police
Octet OF Newark. Sidney A. Baldwin,
director Program 1921 Medley"
Remick: About Clock" Hammond
"A Perfect Day" Bond THE Wise
owl" Nevln; My Isle Of Golden
Dreams" Blaufuss Sunset" Van
de Water: Medley from the South"
Pike; Should Aud Acquaintance
BE Forgot" Bostford.
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16

Very desirable apartment for rent
1920 Delaware avenue. first floor
Beautiful surroundings, every con
venience. Immediate possession
Phone 4s50.-Adv.
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16
z%aG1t6,$edaaPE iii
TOday'S Radio Program

Tune 20 500 Metersl
WEEK DAY scaEpULE

Westinghouse
WEEK DAY SCHEDULE
10 70 1920 A. M.-Aiusic.
] 80 20 / p. M-Music.
% 10 $3.50 p. M-Alusic.
u to 4:20 2. M.-Muslc.
.on. Saturdays special concert from
1880 p. M.-Bedtime story for the kid
dies.
7:45 p M-Speclal news. Government
market reports. summary OF New
York stock Exchange. weather report
$3.50 10 9 Z. M.-Musical program.
70 sos J. M.-News Omitted Press
sos to $50 p. M.-Musical program.
9:55 10 10 =. Warrington time sig
mails.
Time given IS Eastern standard time.
TUESDAY
200 j. M-Weekly dress talk.
800 =. M-"Domestic Science" Miss
Jean Fales. director Of costume econ
omics. Carnegie Institute Of Tech
nOlOgy. Pittsburgh. Nursing - a
Profession" Mrs. Ford of the Pitts
burg Public Haleth Nursing AssOcia-
ton, Pittsburgh. From the Pitts
burgh Post. Westinghouse Studio.
$500 Z. M.-SOnata recital by Ralph
LewandO, concert violnist; Julia Glib
ansky kasanOff. concert pianist From
Pittsburgh Post Studio.
Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-05-16
lng ana Shipping Agei musical pro-

ing and Shipping Age musical pro.
gram.
$500 p M.-Musioal program.
$500 p. M.-llREeball scores OF ths
American. National and international
League games wOmcns fashion news
by the Women's Wear daily fashion
nowspaper; musical program
b:QO =. M-Hascball scores OF the
American. National and International
and International League games
musical program
$500 =. M.-Ofhcial weather forecast
agricultural reports and prices az
released by the New York New Jor-
sey and Federal Agricultural bureaus .
shipping news excepting Saturday,
by tho Murine Engineering and Ship
ping Age musical program.
1900 p. M.-Finai baseball SCORES.
$500 p. M.-Final baseball scores ma
rlne. news by the Radio Corporation
Of America.
1852 20 II r. M.-Ofaoial Arlington
time signals
li:0l p. M-ofhcial weather forecast.