davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-05-29

bined study Of competent arehit ects
and builders who have spent great ,
part of their lives in trying to peri
feet residential construction. The DE-
signing architects and the builderss
have during the visits endeavored to,
give the students a brief resume not.
only Of the construction Of the par
ticular pro jects visited by them. but
the reason for the various designs
and materials placed In them. The
students have thus been able not only
to study the actual construction be-
fore them. but also to benefit from, the
years Of experience and the months
Of conference on the part OF archi.
tects and builders who are engaged
In erecting the houses. .
The model homes have been spon-.
sored by The Star TO encourage home
ownership and the erection Of more
beautiful homes in, the National Capi-,
tal.. Thus by the visits Of the stu
dents Of the District public schools
who are fitting themselves for pro-
! fessions closely allied with the build
| ing and Identification Of Washington.
| the houses are able to serve az a.
| model TO those who will design and
erect many Of the residences here in.
| the future.
Furnishings to BE Studied.
| These students and others who are
contemplating visiting the various
projects have done 50 at this time
in order to see the houses In coursa
! Of construction and to study the vari-
Gus technical details in regard tn
them. Now that the committee on.
interior decorating for the demonstr.<
ton has been appointed and the com
pletion of the structures is drawing
near, the furnishing Of the model
homes will he one Of the big problems
to engage the attention Of those in
charge Of the demonstration.
When the houses are fully com
plete In regard to interior decorating
and lanAsca ping the various classes
in domestic science and home econon-
les in the local educational institu-
tions will visit the houses.
Evening star., 1926-05-29

the design and erection Of the build
ing to the supervision Of the finished
structures - that will maintain the
building industry on a healthy basis.
To make this insistence effective the
public must cooperate with persons
of skill vision and responsibility in all
bra nches of the industry.
Regional planning of large and
small cities as to both beauty and util-
ity. as well as the proper development
Of smaller centers and suburban dis.
tricts. should have the hearty sup.
port Of the public. Even the smaller
towns and villages which anticipate
future growth should conduct intelli-
gent town planning. The flow Of traf-
nc to and from the large centers and
its relation to building development is
also becoming an increasingly serious
problem and should receive careful
consideration In this connection.
The market for building materials
continues in general to be satisfac-
tory. although In some branches of the
industry a disposition to buy only for
iminediate requirement Is seen.
Labor productivity continues to be
relatively favorable, which helps to
reduce actual costs. although wages
have advanced in some instances.
Any increases in wages will, It, Is
hoped. carry a corresponding increase
in akill and proper productivity.
Money for building purposes con-
tinues to he readily available in most
locations. but the element Of caution
Ia playing greater and greater part
in regard to speculative building oper.
atoms.
The outlook for highway construc.
ton Indicates the largest yearly vol
ume in that branch Of the industry
yet Seen. The council therefore urges
the public to insist that its repre-
sentatives who have charge Of such
construction be instructed and givef,
the necessary authority to conduct
their program so as to make for more
and better highways of f1rst.class con.
struction. Otherwise the utility Of the
highways will soon decline and the
taxpayers of the country will in few
years be called upon to duplicate this
large expenditure Of public money.
which, IL wisely spent. is a great ma
tional asset. but If poorly spent be-
comes only an increasing economic
burden
Evening star., 1926-05-29
MORTGAGE BONDS j"
ARE BIG BUSINESS
Bil|ion.Do|Ia Annual Sale
Ranks Next to Public
Utility Field.

The sale of real estate mortgage
bonds ia rapidly developing into 6
billion: :dollar.a- year business. .s'.s'--.
Since 1921 realty securities have
had progressive growth and the
sale of this. type of bonds has become
nationwide: today they rank, next to
public utilities. as the greatest invest
ment outlet for capital. s,x>e
The rapid and extensive deyefop-
ment of real estate mort gage hnane.,
ing In the United States is revealed
In statistics made public by the Build.
ing Construction Research Bureau OF
G. l.. Miller & Co, which show the
tremendous gains made by realty Sc
curities during recent years. These
figures, based on underwritings : by
the leading investment houses since
1919. show that real estate mortgage
bonds have furnished more than
81 SOC. .000. 900 in new building capital
during thenlast sevef years. =.
Large Gain Since 1919.
The 1919 volume Of real estate bonds
offered the public by the leading In
vestment houses was estimated to he
$57 ,45S 900. but in 1925 new realty
fiotations approximated $6s5. .294 900
a gain Of about 1902 per cent in the
seven years.
Review Of the statistics shows that
the popularity Of real estate securities
has been on the upgrade since 1919.
with the exception Of the year Of 1921.
when the volume of new issues drop.
ped to &49. .7s6, 500, due to a business
depression. In 1922. however, there
was a rapid upward swing in volume
Of bond offerings, which continued
through 1923. 1924 and 1925: In the
latter year the total of realty offerings
jumped to $6s5, ,294 900. a gain OF 112k
per cent over 1924. and were only ex.
ceeded in volume by public utility
issues.
New In Second Place.
These figures also show that during
the last seven years real estate bonds
have gradually worked their way into
an importa mt position In the domestic
securities field. During the years be.
tween 1921 and 1925 realty issues
steadily improved their comparative
place, and ranking in relation to rail-
road. public utilities. Industrial. mo.
tor issues, etc. going from seventh
to second place. which they now hold
among the various classes Of corporal lie
financing.
The 1925 dema nd for construction
financing continues to he heavy and
the public demand for high grade
bonds Is increasing. The total amount
If new capital real estate mortgage
bond issues underwritten during the
first quarter Of the year aggregated
approximately $146.349.50 a gain of
about l1.S per cent over the same
period last year.
Evening star., 1926-05-29
REAL. ESTATE
HARMONY WITHIN INDUSTRY
RAISES HOPES OF LUMRERMEN
No Cut in Wages Is Planned Despie Fact That Market
Conditions Are Causing Diminishing Profits.
Curtailment Urged.

Among the many signs that indus
trial relations in America are gradu
ally coming onto a cooperative In
stead Of an antagonistic basis is the
growth and success of the Four L.
Loyal Legion of I.oggers and Lum
bermen-in the Pacific Northwest
lumber industry. which was recently
the occasion of a special monograph
by the Department of Labor. says the
National Lumber Manufacturers AS
ISOLATION. This Is an organization of
the men employed in the lumber mills
and logging camps of that region. but
instead Of being an exclusive organ
tzation Of employers the employers
are also members. The object of the
organization IL to- secure better work
ing and economic conditions for the
mon without resorting to the costly
method of strikes.
The outcome Of several years Of
generally successful cooperation has
led to the remarkable result that al.
though the lumber industry Of the
Northwest is not profitable at pres
ent, the proprietors are not talking
about wage reductions as means OF
cost reduction. and the employees are
actually trying TO persuade the min
owners to improve the market sitlla'
facts are set ont in recent editorial
IN the Four I. Lumber News, Port
land. Greg, the official organ OF the
Four Excerpts from which follow:
Market conditions during the past
60 days have gone from bad to worse
Present indica tions point to year or
heavy lumber sales and low prices
Preba bly, more than so per cent of the
larger fir opera tions are today cut
ting and selling lumber at loss. And
losses have been rather the normal
with these same operations for more
than two wears past. At the same
time production and shipments have
been comparatively heavy.
Two Factors Stand Ont.
1.-Two things seem to stand out as
unusual In the history of the past "a
months: 1. that mills have persisted
In cutting and selling. in spite OF low
prices and consequent operating loss
es: 2. that mill owners have not tried
to take their losses from their labor.
Both, as industrial experience goes.
are unusual enough TO be given care.
full study. Industry generally simply
does NOT do these things. Industry
generally shuts down when 1t cannot
operate at a profit, but before it shuts
down all methods OF cost reduction
are tried and among these most own
ers classify wage reductions.
"A prominent lumberman visited
many operations last Winter to learn
II. under the poor conditions then pre-
vailing. managers had figured on n
wage reduction. He was surprised TO
learn that few managers were at all
interested in the subject. They were
looking for other ways out or they did
not believe that wage reductions would
reduce costs to any great extent. Be-
sides. most of them told this visitor.
Lumber wages are low-compa red
with other Industries and the cost Of
living. they are too low
"Fivel wears ago this attitude on the
Evening star., 1926-05-29

In it's national survey Of construc.
t5cn conditions. just made. the Amer
lean Construction Council, Of which
Franklin D. Roosevelt is president,
says:
Although the first four months Of
1925 showed the greatest volume OF
building construction vet seen for the
same period OF any year. and exceed
by 20 per cent the similar period for
1925. which itself was a record.break-
ing building year. this condition Is not
uniform. as some localities show a
recession and there are some indica-
tions toward greater moderation.
The last part of April showed a
slight seasonal decrease from the
rate Of the preceding months. which.
however, Is due partly to the fact
that Spring work has come into the
market earlier than usual this year
as a result Of the continuous carr
paign for year-round work carried on
by the council and it's afYiliated
branches Of the industry as well as
by the Government.
II is difficult to tell whether the
growth of new industrial and CONNER
ctal buildings will continue to GO
down on tho books the next six
months as fast as 1t has during the
past year. A distinct note OF caution
has been sounded by manv fndivid-
uals and many groups. In the mat
ter Of high.priced apartments and no
tells q similar note of caution has heen
sounded. 1t is only in the group Of
medium.priced, well.built private dwell.
lings that the demand seems to war
rant real optimism. This dema nd for
homes must not be confused with ar.
tificial real estate booms.
Year. Round Work Urged.
What Ia needed as to volume Of con.
struction is, Of course. steady. ALL
year-rOund and year-in-and yea r.out
work on a sound level. and whatever
ran be done to maintain this is much
more important than mere peak pro-
duction. In addition to wha. is be-
Ing done ny the industry itself. the
efforts Of the Federal Government as
we'll as Of various States toward this
end in the scheduling of public build
ing programs is highly commendable.
The outstanding need still remains
that of suitable housing for persons
Of average means at fair price
What the council pointed out last Fall
still holds true-that the large volume
of building construction has not vet
met the country's real housing need,
City residential construction continues
in the main to be of the larger and
Evening star., 1926-05-29
STUDENTS STUDY MODEL HOME -.
PROJECTS WITH KEEN INTEREST
Practical Lesson in Architecture and Construction
Gained by Visits to The Stars Various Elk.
hibit Houses.

-
Throughout the entire school sys-
TEN of the District n keen interest
has been manifested In the nine
demonstration projects Of model homes
being sponsored by The Star.
During the past seven days classes
from three Of the high schools have
visited Ave Of tina projects and have
made a thorough inspection of the
structures under the direction Of com
petent architects and builders.
All Of these classes have been en-
gagged in studying technical subjects
in connection with building construc-
,tion. On Tuesday the class in archi-
lecture of the Mckinley Manual Train
ing. School visited two of the demon
stration houses. They left In spe-
cial bus chartered by The Star ana
visited the row.house group being con-
strncted at Decatur street between
Fourth and Fifth streets. A proper
expla nation Of the structures was
made by the architect, Louis Juste-
ment. They were accempanie by
Dore Walten. professor In architec-
ture. and Frank Daniels. principal of
the Mckinley Manual Training School.
From the row-hoiise project. being
constructed by the Cafrftz Construc-
ton Co.. they went. to the second
largest detached house in the demon
stration. being erected by W. c. and
A. y. Miller. at Wesley Heights. Here
| the entire building was thoroughly ex
plained by A. \. Miller.
Visit to Row Houses.
| On Thursday the students Of the
manual arts department OF the East
ern High School visited two OF the
/
visited the row-house demonstration
being erected by the c. H. Small Co
at West. Virginia avenue near Queen
street northeast. Tho architect. j
| Wilmer Smith. lectured on the archi
| tectural aspect of the buildings, and
LC. H. Small and Bernard Saul ex
| planned in detail the engineering and
construction problems.
! The Eastern High students ther
! visited, the semi-detached houses un
der process. Of construction at Thir
teenth and upshur streets northeast
Here Robert Beresford of the Amer
lean Institute Of Architects and Wal
ter Vaughn. tho builder. fully explain
ed this particular problem.
| Last Friday the home. beautifu
class of %the Langley Junior High
| School visited the detached mode
avenue.
These students who will he the fu
ture engineers and architects upor
whom the citizens Of the District will
rely to materially help in the bea utih
cation of the National Capital have
seized the opportunity presented by
The Stars model homes demonstration
to study first hand the problems that
are presented to them In the class
rooms.
Varied Types Of Houses.
The model houses have been of
particular interest to these students
because they present a varied type
Of structures ranging from brick row
to stone detached houses. They have
also proved peculiarly valuable be-
cause they are all houses Of fairly
| moderate price and of a style and
type which is now and will in the
future be the chief product Of con
struction in the National Capital.
| These structures represent the com.
Evening star., 1926-05-29
DEMAND FOR SMALLER HOUSES
is STILL GREATER THAN SUPPLY
American Construction Council Declares Present
-s- General Building Rate Is Favorable, With
Year.Round Work Most Needed.

higher priced apartments and hotels
| and the more active suburban home
| developments are still too frequently
high in price or inferior in quality.
The construction Of large buildings
is rejecting more and more. however
the increased demand of the public
for better built buildings as urged by
the council for the past several years
and a similar demand 10 beginning
to show itself on the part Of the pro
spective home owner Of moderate
means. as evidenced by the nation
wide demand for the councils recent
pamphlet. six Steps in Building or
Buying a Home" which has received
the hearty approval Of the responsible
elements Of the various branches Of
the construction industry a. we'll as Of
the public. But further awakening Of
the public consciousness to the value
Of better building and an ever. er.present
insistence on the part Of the home
buyer that he get real value for his
money are still needed.
Home Buyers Warned.
The council urges the prospective
home owner to deal only with reliable
persons in all the stages Of buying or
building a home-location, financing
design and building. He should also
insist upon first-class materials and
first-class workmanship. both in the
structure proper and in its equipment.
Likewise, the investing public.
whose money goes into mortgage
bonds and other present-day forms of
financing large building construction,
should insist upon first class construc-
tion in both materials and workma n
ship on all buildings into which it
puts it's money and deal only with re-
liable loaning institutions, from whom
1t can obtain full facts as to the ma
ture Of the security and the character
of the building and supervision of the
structure itself. In doing this the
public must consider every building
as separate and distinct problem,
for the safety Of building loans can
not he characterized as whole as
either safe or unsafe. 49,
AS the council noted in it's state
nent last Fall. the passing of the acu
building shortage and temporary build.
ing booms in some localities, with the
consequent return to normal consid.
Grafton of building values, will make
structures Of inferior quality an in
creasingly, heavy liability,
1t is such insistence on the part Of
the public that the essentials of right
construction be put into actual prac.
tice-from financing Of the project and
Evening star., 1926-05-29

part OF the managers would nave been
most extraordinary. Today 1t Ia the
normal. Both employers and temployes
can, we believe. take encot4a cement
from this evidence of growth Today.
We believe. management in otlr indus.
try is far more conscious of its re.
sponsibility to those 1t employs and
far more willing to protect. It's em.
ployes in their sta andards tNan ever
before. A newfIday has come. and due
credit should he given marRgement
for the change sin attitude. Manage
ment. In our Industry. is closer to its
| workers than 1t ever has been. 1t
sees better than ever before the world
through It's workers eyes. II recog.
nizes that ianagement and hnen are
T. in the same boat. subject to the same
dangers. and that co-operationi during
| hard times especially. must begin with
! all the wage protection MANAGEMENT
can give. And because mana cement
generally has recognized this RESPONSE
bility a nd tried to live up to this new
| obligation. labor in our industry has
co.operated in lowering costs. This
has been the exchange-ma ma cement
held wages and labor aided ma mage:
ment in cost reduction. 1t has been
fair exchange and an intelligent ar
rangement.
Organization Is Needed.
Lumber needs to he mercha ndised.
1t needs to he controlled at thespoint
Of production by the producers. Lum.
her should be we'll orga nized.~ Tum.
ber should then be sold on its merits
as preferred building material, To
try to merchandi lumber under pres.
ent conditions. without organizing for
| xo1 of ~<S
is like trying to divert the overflow
from broken dam. 1t would be much
simpler to fix the dam. while making
preparations to utilize the extra water
next time or when needed.
'Early in the year production Of
AR went away below normal. Prices
We're maintained. Later production
increased and prices dropped. Just
now California and the Atlantic Goa st
markets. the two largest buyers OF fir.
are very weak. Their docks tare
swamped with shipments from Oregon
and Washington. Production is being
! mantained. Shipments, even 10 the
point Of congestion, are continuing,
''rhe industry. especially that part
of 1t dealing In fir. should change its
attitude toward production and dis.
tribution control. 1t will in the course
Of time. because so many producers
will go broke that those who remain
will cooperate as q last resort. But
1t should be about this piece of bust
ness now. Managers should be work
ing on these problems for the protec-
ton of the industry. They should he
organizing the industry by production
groups. They should establish re.
gional selling agencies. They should
organic fact. finding agencies to learn
all the facts about markets for the
benefit of all the producers. They
should cooperate in the present ad.
vertising program, but they should
put in just as much time trying to
organic for production and distribi.
ton control as on the work of pub.
licity and trade eXtension.''
Evening star., 1926-05-29
Masons Honor Gales.

MEXICO CITY. May 20 NP.--High
officials of the Scottish Rite Masonic
Order of Mexico last night presented
President Gales with a gold medal,
''the Degree of Special Merit"
The honor was conferred In recoe.
milton OF Con. Gales capable serv.
ices for Mexico as president =
Evening star., 1926-05-29
Fund to Educate Japanese.

NEW YORK, May % R).-Joseph
Ichisima. 81. Spanish-American War
veteran. said to have been the first
Japanese to become citizen of the
United States, died Yesterday at his
home. in Elmhurst. His will provided
for the establishment of a 100000
fund for the education of Japa neNe
youth In American customs.
Evening star., 1926-05-29
Danish Flyer in Korea

PHYENG-YANG, Korea, May 20
NR.-Ldeut. Botved. the Danish avi.
ator on a. flight from Copenhagen to
Toxic, arrived here yesterday from
Mukden, Manchuria. The distance is
about $50 miles,
The Monmouth inquirer., 1926-01-14
Highway Material Tests
Being Made at College

At the request Of the state highway
commission, a small temporary wood
en- barracks has been built behind the
Engineering building of the University
Of Wisconsin to be used as highway
testing laboratory. Tests of various
highway materials are now being car
ried out by the university and the COM
mission.
Samples of road material are tested
in the laboratory for straight com
preston and for cross binding
strength. Some of the tests are made
on roads under construction in order
that the mixture may be Of the proper
consistency. The sample is put in a
frame along the edge of the road and
then tested on the roadbeds. The re-
suit is later examined in the labora-
tory.
Roadbed samples are also tested
during regular intervals of varied pc
RODS of days or weeks, and some are
put away to be tested after year or
two.
The Monmouth inquirer., 1926-01-14

portunity to learn. He will still be a
child even at twenty-five.
/ hadn't seen Payton for year or
so until one day last week.
How are you getting on?" asked.
II was wretched for months he
answered, because / got on badly,
because was falling, and when
failed / always blamed 1t on some
one else. I've come to see now that
If fail in an undertaking it's because
I've had the wrong spirit or the wrong
method or haven't worked at the
job persistently or hard enough. I've
come to see that If I am to get on
/ must learn something from each
failure | make.
When we fail in the sale Of our
selves or of our products, we should
learn from the failure something that
will next time help us to succeed.
70. 1925. Western Newspaper Union.)