Evening journal., 1923-01-08

capture OF the automobile thief
through information that he quickly
gathered after receiving the com
plant from Boyer.
changes before II is finally trans
mitted TO the Council for adoption.
NO hastily considered. partial or
temporary zoning should be attempt
ed. The interest involved ara so
great involving as IL does every piece
or property in the city. that zoninE
should not be attempted unless Il can
be undertaken thoroughly and COM
prehensively.
careful and comprehensive zon-
ing is constitutional. II has been up-
held in principle by the highest
courts OF New York and .Massachuu-
setts' and in part by the United
States Supreme Court.
In city building the value OF the
whole Is very much greater than the
value Of the sum Of the parts. Nor
mally each new building added 10
block should increase the total value
OF property in the block by some |
thing greater than its own value. III
should normally add something to
the value Of every other piece OF
property in the block. This viii he
true II building proceeds IN accord
with well-considered plsn-but
with haphazard, unregulated build
ing the new building often reduces /
he usefulness and value OF all other |
property in the block. often the
reduction vaue 10 neighboring prop
arty is much greater than the cost Of |
he new building erected. A lot Jim
proved" with a $1,000 store building
may reduce the value OF the resi-
fence buildings OF the block by a
otal of $4,000 or $4,000. The
Improvement" so-called results in |
/ net loss 70 the community.
The direct monetary effects Of
soning may be summarized as fol-
ows:
"G Zoning conserves property
'alues in the dwelling house areas
" keeping ont stores, public
garages. steam laundries. etc. and
" maintaing building lines and ade-
luate side and rear yards. Also by
yeeping apartment houses out OF the
detached house sections.
"(2) Zoning conserves property
'alues in the apartment house sec
ions by keeping out public CARA ges.
and factories Also by
maintaining building lines and ade-
uate side and rear yards.
"(3) Zoning cOnserves and In
aF ]
ess property by Concentrating the
eighborhood stores. garages filling
tst.ons. moving picture houses. etc.
1 well defined neighborhood centers
"(D Zoning conserves all pro-
erty values IN residence com
lunities by keeping at an appro-
riate distance, the boiler works. {,
hemical plant. reduction plant. etc. .
"(5) zoning conserves property
slues in the central commercial ;
istrict by preventing or retarding a
shifting Of centers. Even where =
ich shifting takes place ii will he Q
rought about gradually and ordi- 1
aritly without any loss in value in h
le old center. Zoning will promote r
ie spreading out OF existing centers 7
nd will not hinder the creation Of Q
iditional or auxiliary centers. In G
ie Office building section zoning s
III conserve values by preventing a
8 building up sohdly 10 a height "
lat renders all office space in the n
wer half Of the buildings so dark ?
nd undesirable that il cannot be 7
ade to earn a fair return on the a
,st Of construction.
IAN of this means that zoning a
III in a very marked measure re- h
ice the hazard incident to real a
tate investments. This will mean "
at the rate of return necessary to
tract money for investment in ,
al estate will be materially re-
iced. Cheaper money may in turn 4
can either an increase in capital a
selling valVe OF property or a u
duction in rents. In all prob !,
,ility. however. II will mean both =.
increase in capital values and -
duction in rents. The benefit Of "
eaper money will he shared both .,
the owner and by the tenant. q,
I'm various cities I have studied y,
r zoning and planning purposes ri
is safe to estimate that the ag- ~
egste monetary saving that has n,
en- or will in the next 10 or 20 RI
srs ne effected by the adoption OF
nnng plans will average 90 per
nj of the present aggregate real
operty values OF such cities. This y
in IS enormous. Its benefits. y,
,reover. will not accrue to any one r.,
.ss or interert. 1t will on the w
Iole mean an increase in property a,
Ives. a reduction in rents ana an m
.rease in the taxable values upon ov
lch the income and borrowing 90
Dscity of the municipal corpora
n depend.
'Zoning is just common sense
IN Of city building II will pre- re
IT waste. conserve property val ga
!, protect the home sections and an
'mote the general welfare of the mi
y and ite people" gu