Evening star., 1932-12-21
Spokesman for Real Estate
Board Want Session for
All Concerned.
Committee FAVORABLE
BUT INQUIRY PRESSED
Meeting Called Next Thursday
Night to Be Addressed by Capper,
Copeland and Possibly King.

Spokesman for the Washington Real
Senate Rent Investigating Subcommit-
tee a plan to bring together all real
estate owners and brokers in the Capital
in a unified effort to accomplish re-
duction in rents.
Roger Whiteford, attorney for the
real estate men, made a proposal which
was agreed to by other members Of the
board present. The plan also met with
approval of Chairman Capper and other
members of the Senate District Com
mittee
A meeting will be held Thursday
night OF next week at which Senators
Capper and Copeland and possibly
Senator King will be speakers. The
place for the meeting has not been
decided on.
1t was pointed out that the voluntary
action OF the board would not forestall
continuance of the subcommittee in
vestigation Of the rent situation in
Washington. and the exhaustive report
on rental conditions here, prepared by
Oscar H. Brinkrcan, its investigator and
attorney, would be entered into the rec
ord. The hearing today adjourned at
noon and will be resumed at 1890 am.
tomorrow.
Six Conclusions Barred.
At the conclusion of today's session
Mr.. Brinkman had made known only
Of the 80 conclusions he reached from
his investigation and had not come to
that portion Of the report dealing with
his recommendation for renedying the
situation.
Senator Copeland, Democrat, Of New
York indorsed the plan to call together
all real estate men, whether members
of the Washington Real Estate Board
or not, as well as owners of rental
property, in an effort to- work out a
plan looking toward reduction in rent,
which is the main objective of the sub
committees work
There are 135 real estate brokers and
agents represented on the board and
approximately 265 Others outside its
membership, the subcommittee was in
formed.
Il am convinced" Senator Copeland
said. in indorsing the move. from the
testimony thus far submitted to this
committee that there are inequities and
inequalities in the rental situation here.
I feel certain that some definite pro-
gram can be worked out by such a
meeting as that proposed
Senator Keane, Republican, Of New
Jersey, said real estate, like all other
forms of business. must expect to suf-
fer losses during the present economic
crisis.
Expected to Take Loss.
"We have got to pay for the destruc-
ton Of capital which resulted from the
tremendous imitation during the World
War he said. We have all got to
take our losses, and the real estate
owners are no exception"
Whiteford pointed out to the sub
committee that the Real Estate Board
had no power to induce the owners and
brokers to join in such program as
that proposed. but promised that the
realtors group would recommend to the
various members of its organization
and to real estate men generally that
they take the situation up with in
dividual property owners and that the
board would use its influence toward
bringing them together.
Senator Capper expressed the belief
that something definite would come
out of such meeting.
Emphasizing that the work of the
subcommittee is far from finished, Sen
ator Copeland said:
II want it understood for myself and
for the committee that in approving
this plan We are not waving our right
and duty to go ahead with this investi-
cation. We have done a fine lot Of
work and it must not be stopped.
Enough has been shown of the in
equities in the rental situation here to
demand close study.
THE public must not get the idea
that this committee has surrendered"