The New York herald., 1922-01-30
SAYS HOME OWNERS
MAKE DEMOCRACIES
Lecturer Declares They Alone
Are Fitted to Bear Burden
of Self-GOvernment.

| Legislation as 1t Affects Property"
will be the subject discussed Tuesday
| evening. January 81. by Edward p.
Doyle in connection with the real es-
tate course at the West Side Y. NJ. c. A.
Lawrence MCGUIRE. former president of
the New York City Real Estate Board.
will be the presiding officer. About
100 men have already enrolled in this
course.
Mr.. Doyle. manager Of the bureau
of information and research of the Real
Estate Board of New York, when in
terviewed concerning his address, said:
II want to show that the men who
of the United States had in mind every
form of government since the begin
ming Of history and they were entirely
satisfied with none. They saw mon.
arches become merely the instruments
Of tyrants; they saw democracies de.
generate into anarchy and chaos. They
designed therefore q constitutional re-
public or representative democracy
where the people would rule not by di-
rect voice. but through their chosen
representatives. To make this Govern
ment permanently successful 1t is nee
essary that the majority of its heads
of families should be home owners. No
| republic of this character can endure
unless. as in Switzerland and In France.
and almost 50 in the United States. the
| majority Of the heads of families own
| their homes.
Such a government existed In the
United States until 1898, when the char
acter of immigration changed, and In
stead of continuing to get the thrifty,
independent. self-governing people of
the north of Europe we began to get
the people from the south of Europe.
who In all their history have never suc-
cessfully governed themselves.
Then legislation began to be en-
acted adverse to real estate and to the
interest of its owners, and this legisla-
ton eliminated in the rent laws of
1920. which II carried into full effect
would change our present form of gov
ernment into a pure democracy"
Deals Revealed in Transfers.
Ernest N. Adler purchased a seven
story store and loft building. 1s.9x105.
at 1917 Third avenue. north of Seventy
fifth street.
Lillian f. Bowman sold to the Lom-
hardy Realty Company the vacant plot,
100x100. at the northeast corner of Town.
send avenue and Clifford place.
Simon Sunderland sold 265 and 26s East
Seventy-eighth street, a six story tene-
ment. 4.6xs2. held at s56.ooo. for sieg-
mund Achner.
Martha w. Levy sold to Aron Brech-
ner a four story flat. 27.Sx102.2. at 341
| East Eighty-second street
Samuel Friedman sold to Morris
Finkelstein six story store tenement,
26.sx1o0 at 415,a and All Grand street.
Abraham Stitch sold to Mollie Fell
stein a. three story dwelling. 20x75. at
1892 Madison avenue, south of 119th
street.
Palais Royal Lease Recorded.
Recording has been made of the
lease Of the Palais Royal property at
the southeast corner of Broadway and
Forty eighth street by the Broadway
and Seventh Avenue Company to Walter
]. Salmon. The instrument stated that
the terms were by private agreement.
the lease being made in two parts, one
for two years from February / this
year and the other from two years hence
for twenty years and eight months, with
an option of four twenty-one year re-
newals. Mr.. Salmon controls the rest
of the block.
The lease Of the Bristol Building and
adjoining property at the northwest cor
ner of Fifth avenue and Forty-second
street for four twenty year terms by
ISlbridge T. Gerry to Mr.. Salmon was
also recorded.
Completing l.. L. City Flat.
| fon for II
soon be provided in Long Island City
when the big Queens Boulevard Court
apartments on the south side of the
boulevard between Lowery and Bragaw
streets will be opened to tenants. The
house Is six stories high and contains
fourteen stores on the boulevard 'front.'
age. The inner court Is to be hand
| somely Handicapped. The ground site,
which measures 200 $50, was acquired
from Franklin Pettitt through the Ro-
man. Callman Company. brokers. who
have been appointed rental and manag-
ing agents. 1t is expected that the house
will be ready for occupancy by March l.
New Yorker Leases Newark Hotel.
The eight-story s1.ooo.ooo apartment
hotel at the northwest corner Of Clinton
avenue and High street. Newark. has
been leased from plans by Louis Markell
OF this city. The building Is being
erected by the Harry Kruvant Company
on site purchased from the Charles A.
| Feick estate and was leased through
David Weinberg Of Newark. The lease
is for twenty-onc years and involves. IL
is said, an aggregate rental of about
s2,000,000. The house will have 26o
rooms, each bedroom being connected
with bath.