davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1937-02-11
JACOBS REPORT
AGAIN IGNORED

Additional support for the belief
that Congress will enact little of
the legislation proposed in the re-
port of the Presidents Committee
on Fiscal Relations came today
when it was announced that the
two House District subcommittee
appointed to consider the matter
will meet jointly Tuesday.
This was announced to6ay by
Representative Jack Nichols CD
Of Oklahoma, chairman OF the
subcommittee named to consider
the legislative proposals other than
those dealing with increased taxes.
Tuesday for Hearings
The subcommittee on tax mat
ters, headed by Representative
Ambrose j. Kennedy CD of Mary
land, already has held an organi-
zation meeting and fixed next
Tuesday as the date for the begin
ming of hearings, but the proposal
of Nichols will alter this schedule.
It is believed that Nichols feels
that there is little interest in Con-
gress concerning the other pro-
poSals of the Jacobs committee
and because of that feels it would
be better if his group sits jointly
with the tax subcommittee
There is no doubt that addi-
tional taxes must be levied upon
the people of Washington, but
that is in no sense due to the work
of the Jacobs committee. 1t re-
suits from the fact that under the
expenditures recommended for the
District for the fiscal year 1888
by the Budget Bureau, a deficit
of somewhere between $5,000000
and $7,500,000 will come about,
even if the Appropriations subcom-
mittee recommends a Federal con-
tribution of several million dollars
more than the budget proposed.
Drop Jacobs Report
Representative Ross Collins
Cd, of Mississippi. chairman of
the House District Appropriations
Subcommittee, has strongly indi-
Gated that he will scrap the ia
cobs Committee proposal for a
three-point formula as basis for
arriving at the amount of the
reimbursement" the Federal Gov
ernment should make to the Dis
trict.
If the Collins group does disre-
gard the formula and, as expected,
proposes a straight-out Federal
contribution. there will be no nee
essity for the enactment of legis-
lation resulting from the Jacobs
study other than the additional
revenue features.
The Washington times., 1937-02-11
Department Store
Sales Show Gains

Department store sales in Janu-
airy were II per cent higher than
IN the same month last year,
the Federal Reserve Board re-
ported yesterday. Adjusted for
seasonal variation on the 192325
average. the index for January
was 80, the same as December.
Without seasonal variation, how
ever the index dropped from 161
in December, to 70. The report
was based on sales Of go depart
ment stores in 256 cities.
The Washington times., 1937-02-11

the Cherry Tree, campus year
book. She is one of the few fresh
men in the field of IA finalists
and was picked as a representa-
tive of the student body at large.
A honor graduate of Immacu-
lata Seminary here, Miss Boenme
is enrolled in the Junior College,
but has not yet decided on her
main course of study during her
collegiate career.
She is active in the Newman
Club Catholic organization on the
campus, and is pledged to Sigma
Kappa social sorority, of which
she expects to become an active
member before the end of the
current school term.
The Washington times., 1937-02-11
BIRTHS

Ernest and Herminia Aiken, E'rl.
Edwin and . ary Morris. IT. gIfl.
Giles and Margaret Dawson. hoy.
william and Clara Barnes, boy.
william and Evelyn WheatleN, SRI
Walter and Gladys Ruth, girl.
Walter and Grace Clark, girl
Elmer and Ellen Dobbarstien. girl
Thomas and Lorraine O'Connor ErL
James and Madeline Jenkins, boy.
Dean and Alva Martin SIrL
Wilson and Helen Hit. boy.
Earle and Violet Allen. boy.
Earl and Catherine Richardson. slrI
Joseph and Emma Clarke, glTl
Vernon and Marian Francis, girl.
Elmer and Nirg, .ia Woods, girl.
George and Margaret Algie, Elrl.
Douglas and Laura Arthur. glrI.
The Washington times., 1937-02-11
BIRTHS, MARRIAGES AND DEATHS

} Thomas Francelli, IS. sibley Hos
Lucille L. Paul, SO, 22s Eighth St.
n. f.
Francis B. starrett 81, 1850 wiscon-
sin Ave. n. W.
Earl K Lancaster. 81 Bus Terminal
Fourteenth Street and New York Avenue.
May E Spradley, IS, George Wash
inEton Hospital.
William r. Poore, is, 6214 Ninth St.
". w.
Infant Huls days, Sibley Hospital l..
Infant Sartoris, II hours, National
Homeopathic Hospital.
The Washington times., 1937-02-11
PA DANCE AIDS
RED CROSS

An invasion of the Raleigh Ho-
tel that jammed its ballroom, its
elevators and its lobby floor with
Resettlement Administration en-
ployes held sway night before last.
The occasion was another of the
flood relief dances that have taken
the Government service by storm,
proving a popular and pleasant
method of gathering donations to
the Red Cross.
ReSettlement's perS on n re-
SponSe, however, was so heavy that
to date the agency tops any that
have sponsored such fetes. Sev-
eral hundred turned out for the
affair, all necessary facilities hav-
ing been donated by the Raleigh
management and Meyer Davis
Orchestra. Reports are that a
large slice of cash was received in
the interest of charity.
Margie Hackel, Inez Iredell and
Mrs. Roberta Kantz, trio of RA
workers, composed the mop up
brigade" under general direction
of Florence Gross, chairman. The
four established themselves in The
Raleigh lobby behind a festooned
desk, and until the dance was nalf
over "mopped up" on late comerS
who had not received tickets
through regular channels at Re.
settlement. Then they danced
bit themselves.
Get Many Stragglers
Because of their pulChritude
and friendly sales manner they
nabbed numerous Stragglers who
hadn't even known there was to
be a dance and at quitting time
were able to hand in approx
mately $50 as their nights col
lection.
Miss Gross, who resides at 5012
Third st. N. W., is an Atlantic
City girl and a comparative new
conner 20 Washington. She has
been in the Capital for but four
months and has held an appoint
ment as secretary in the special
plans division of the RA for the
past so days. An attractive blonde
who enjoys amateur photography
as hobby, she has already made
numerous friends.
Margie Hackel, of 1850 Six
teenth St. N. W., has had a longer
tenure of Government expert
ence. A Jacksonville (FlaD girl,
with degree from the Univer-
sity of Georgia, Miss Hackel came
to Washington two years ago to
accept an appointment with the
Agricultural Adjustment Admins
tration.
Joined RA In 1884
Late in 1884, however, she
transferred to Resettlement and
at present is a secretary in the
office. Her outstanding
leisure activity is music, and she
confesSeS to a desire TO some day
become a real estate operator.
Inez Iredell is also from Jack
but obtained her collegiate
degree at Florida State College.
She has lived in Washington for
two years, at 1889 Eye st. N. W.,
and has spent the entire time as
a secretary with the general serv-
ice section Of Resettlement. She
likes to swim and play tennis as
athletic pastimes and says home
would oe her choice OF a
career if she quit Uncle Sam.
Mrs. Roberta Kantz, gu let,
brown eyed and demure, came to
the Federal service from home in
Dallas, Texas, 80 days ago to be-
come a junior stenographer with
the RA'S investigation division
Mrs. Kantz, who lives at 1401
Sixteenth st. N. w, has found her
work so interesting that she would
take up similar work in private
business should she leave the Gov
ernment service. She has one son,
five.
The Washington times., 1937-02-11
Nazareth Service Set

The Rev. Edward P. MCAdams.
pastor Of st, Toseph's Church,
will conduct a Day of Recollec-
ton" at the Nazareth Social
Service Center, 200 I st. N. W,
this Sunday.
The Washington times., 1937-02-11
Freshman Beauty
Entry at G.. w. u.
Betty BOehme

Miss Betty Boehme, 3708 Yuma
St., N. W., popular coed at George
Washington University, has been
named as one of the entries in
the beauty contest sponsored by
The Washington times., 1937-02-11

DISTRESSING cold in chest or
- throat, never safe to neglect,
generally eases up when soothing
warming Musterole is applied:
Better than a mustard plaster
Musterole gets action because it's
NOT lust a salve. It's a "counteF"
irritant"- stimulating, penetrating
and helpful in drawing out local con-
Used by millions for 25 years;
Recommended by many doctors ana
nurses. All druggists. In three
strengths: Regular Strength, Chill
dren's (mild), and Extra 9Irong'
Tested and approved by Good house
keeping Bureau, No. 1857.
The Washington times., 1937-02-11
DIED
BATMGART

BASMRTNEk ds2 faSTSE bs E'dRsf Fes
dence,- So Charming St. n. E. GoTTLIEB
BAUMGARTNER. beloved husband of
Anna Baumgartner and father OF Lily and
Walter Baumgartner and brother of Alex
and Otto Baumgartner
Services from the above residence on
Relatives and friends are invited TO attend
IInterment in Abbey Mausoleum, Arlington.
The Washington times., 1937-02-11
sTARRETT, FRANCIS Bon Tuesd
STEELE, FLOYD T.-on Tuesday. Febru.

STEELE. FLOYD Ton Tuesday Febru.
ary 9, 1887. at 211O Lee Highway, Ar
lington. Va, FLOYD T. STEELE. the be-
loved son of John W. and the late Amo1ls
Steele. He ia also survived by one son
and one daughter.
Remains resting at the Ives funeral
home 2S47 Wilson Boulevard, Arlington.
Va. where funeral services will be held
on Friday February 12, at . p. m.
Interment Congressional Cemetery, Wash
inrfnn D C
The Washington times., 1937-02-11
In Memoriam

JONES. MARY Gin sad but loving re-
membrance Of my devoted mother.
MARY G. JONES who departed this life
three years ago today, February II. 1884.
As the lonely hours pass away.
l often think of thee:
Your loving smile and gentle voics
That meant so much to me.
HER LOVING DAUGHTER. ELLA.
The Washington times., 1937-02-11
HIGH COUNCIL
OF A.F.G.E. TO
CONVENE
BY ]. EARLE MOSER

Each day The Times publishes pic.
lures Of Government emplONes well
known to their colleagues, with accom-,
panyinE biographical sketches Federal
folk interested in such photos. nr mem
hers of Government OrEaniza tiOnS.
shouId contact the writer in the edI.
torial room by Sis p. M, Of phone DI'
1000. branch 21O
The Washington times., 1937-02-11

daA FebrasrT EE9RHNE sS T4n WE WE
MCCARTHY the beloved wife of the late
Thomas w. Mccarthy and sister of Mrs.
Remains resting at the W. W Chambers
Company funeral home. Fourteenth and
Chaplin Streets Northwest
Funeral services will be held on Thurs.
day, February IL 1887. at 2:3O q. m,
from the W. W. Chambers Co. funeral
home 400 Chaplin Street Northwest.
Relatives and FRIENDS are invited to at
tend.
The Washington times., 1937-02-11

HARDWOOD, TAME LEE-on Monday.
WOOD, beloved wife of Elmer j. Har.
wood. of 1909 \. St. n. W.
Funeral from the W. W. Chambers Co.,
ary 12. at . p m. Relatives and friends
are invited. Interment Arlington National
Cemetery
The Washington times., 1937-02-11

McANALLY, JAMES M.-on Wednesday.
February 10, 1897, at Georgetown Uni.
versity Hospital, JAMES NJ. McANALLY.
beloved husband of the late Helen McAnally
(nee Donnelly) and father of Mildred E.
Cansey, James F. and Thomas D. McAnally.
Funeral will be held from Timothy Han.
Ions funeral parlors 641 H St. n. E. on
Friday. February L. at s 80 a. m. Requiem
mass at St. Aloysius' Church at 9 a. m.
Interment Mt Olivet Cemetery.
Relatives and friends invited
The Washington times., 1937-02-11

BROUGH. EMMA A.-On Monday Febru.
ary 8, 1887, at her late residence, 17l6
Street Southeast EMMA A. BROUGH.
the beloved wife Of Charles E. Brough,
and mother of Mrs Lillian Coombs and
grandmother of Elain and Mildred Coombs
Remains resting at the w. W Chambers Co.
Southeast funeral home. SIT Eleventh
Street Southeast.
Funeral services will be held on Thurs
day; February te6I, II, v 1881 at $50
Southeast funeral home, 517 Eleventh
Street Southeast. thence to Holy Comforter
Church where mass will be Offered at
o a. m. for the repose of her soul.
Relatives and friends are invited to at
tend
Interment in St. Mary's Cemetery.
CROOK. FORREST LOUIs-on Monday.
February s. 1887. at Providence Hospi-
tai FORREST LOUIS CROOK the beloved
brother of Mrs. Olive Mason Henderson
Remains resting at the w W Chambers
Company Southeast funeral home. sly
Eleventh Street Southeast.
Funeral services will be held on Thurs
day February. IL. 1887 at D. m. from
the W W Chambers Company Southeast
funeral home, 517 Eleventh Street South
east
Relatives and friends are invited to at
Interment in Bethel Cemetery. Alexan.
dria. Va
The Washington times., 1937-02-11

Funeral services were held from Pleas
ant Valley Church (VaD on Monday, Feb
ruary !, 1887 at 80 p. m. with Rev.
BurdOCk officiating Interment followed
in Herndom Cemetery Herndon. Va.
The Washington times., 1937-02-11

RICHARDS. JOHN-on Wednesday Febru.
Twelfth Street Northeast. JOHN RICH
ARDS beloved husband of .HIlda Richards
Lnee Marsh) and father of Mrs. Dorothy
H Bowen and Arthur J. Richards.
Funeral from his late residence on Sat-
urdaY. February 13. 1887. at IL a. m.
Relatives and friends invited.
Interment in Cedar Hill Cemetery
Arrangements by William ]. Nalley.
The Washington times., 1937-02-11

BEANS. HATTIE M.-on wednesday. Feb
ruary 10, 1887. HATTIE M BEANS.
the beloved mother of Mrs. May B. Smith
and grandmother of Carl Z. Beans.
Funeral services from the W. W. Cham
bers Co. Southeast funeral home 517 Elev-
enth st. S. E, on Friday, February IL, at
3 80 a. m; thence to Holy Trinity Catholic
Church, where requiem mass will be offered
al a. m. for the repose of her soul.
Relatives and friends invited to attend.
The Washington times., 1937-02-11

KEYS. MRS RACHEL (nee POIandD Sud-
denly, on Saturday morning. January
30. 1887. at the residence of her brother
and sister.in-law, Mr.. and Mrs. Welhy I'o-
land. Ashburn. Va, MRS. RACHEL PO-
LAND KEYS. aged twenty years, the be-
loved wife of Marshall Keys. She is also
survived by her aunt and uncle. Mr. and
Va: two brothers. welby and Gilmore Po-
land. and two sisters Mrs. Cora KeefeP
and Mrs. Gertrude Vaccaro. Remains
rested at the residence of her mother-in-
law and father-in-law, Mr.. and Mrs. John
The Washington times., 1937-02-11

= Services at Fort Myer Chapel Fort Myer.
Va. at 2 p. m.
Relatives and friends are invited to Al.
The Washington times., 1937-02-11

GAINEY, WILSON O.-on Monday, Feb
ruary g.. 1887. WILSON O. GA1NEY.
the beloved husband of Laura c. Gsiney
and father Of Philip A. Gainey and Mrs.
The Washington times., 1937-02-11

DENHAM. JOHN A.-on Tuesday. Febru.
ary g. 1887. JOHN A. DEEHAM. tnS
beloved husband OF Emma E. Denham ana
father of Mrs Ida Perry and grandfather
of Mrs. Dorothy McQuade. 1,-,.
Remains resting at the W W: ChamosEe
Company Southeast funeral home. OH
Eleventh Street Southeast. 49,.
Funeral services will be held on Fridsy.
February -, 1887 at 2 80 p. m. from
the W. W Chambers Company Southeast
funeral home, SIT Eleventh Street South
east
Relatives and friends are invited to at'
tend.
Interment in Congressional Cemetery.
The Washington times., 1937-02-11

Funeral on Ihursday, February II. 1857.
at 80 m from the w w Chambers
Company funeral home. 1400 Chaplin Street
The Washington times., 1937-02-11
Relatives and friends are invited to at

.end.
Interment in CONGRESSIONAL Cemetery.
Evening star., 1937-02-06

rents. At the end of 1886. building
costs were above the pre-depression
level, whereas rents were considerable
below that level, despite the upward
trend during the past three years.
The index Of building costs, on the
basis Of 1926 as 100, was 107.5. whereas
the index Of rem. was only 80.8. On
the basis Of these figures, a house
constructed at cost Of $10,75G would
have value Of s8.080 when completed.
In view of these conditions, build
ing activity in 1886 was probably at
as high rate as could have been
expected. As a matter Of fact, 1t prob
ably expanded more than it would
have done If the Government had not
helped the home builder by guaran-
teeing mortgages and thus creating
larger supply Of funds for construc-
tion purposes than the amount which
would have been otherwise available.
A considerable expansion of building,
however, would have probably oc-
CURED under any circumstances.
1t is apparent that further ex-
pansion Of building in 1887 will de-
pend to a considerable extent upon a
continuation of the upward rent
trend, since no particular reduction
in building costs is in immediate
prospect.
Evening star., 1937-02-06

east, owner and designer: Evon Con-
struction Co.. 1926 Valley place soutn-
east. builders: to erect one 2-story
brick fiat, 1920 Fifteenth street SOUTH
east: to cost $1,000.
Charles Sturbitts, 1926 Chevy Chase
parkway, cwner and builder; Dillon d.
Abel, designers: to erect one 1-Sto:y
brick dwelling, 4525 Garrison street;
| to cost $500.
Carl I. johnson, 3430 Connecticut
avenue, owner, designer and builder;
to erect one 2la-story brick and
cinder block dwelling. 3033 Ordway
street; to cost $500.
William I. Hollway, 1922 North
| Dakota avenue, owner and builder;
L. w. Giles, architect; to erect one
2-story brick and tile and stone fat,
24l7 Naylor road southeast; to cost
$4,000.
Joseph B. Cook, 5000 Clinton avenue
northeast, owner; William w. Wood
ward, 2845 Myrtle avenue northeast,
designer and builder; to erect one
2-story brick. cinder block and frame
| uWculIlS, f1lo NIlSCtcAlIl SIISSt
northeast; to cost $4,000.
w. C. and A. N. Miller, l1l9 Seven
teenth street, owners and builders:
E. r. Spano. designer; to erect one
2-Story brick and tile dwelling. 1904
Forty-ninth street; to cost $7,680.
w. c. and A. N. Miller, 111e Seven
teenth street, owners and builders;
E. R. Spano, designer; to erect one
2-story brick and tile dwelling, 49ll
Tilden street; to cost $3.50.
w. c. and A. N. Miller. l119 Seven
teenth street, owners and builders; to
erect one 2-story brick and tile dwell
ing, 49O1 Tilden street; to cost $3.50.
Marvins Credit Co., 734 Seventh
street, owners: L. c. Mayors, designer;
M. Cladny Construction Co.. 635 F
street, builders; to erect one l and
3 story brick addition, repairs and
alterations, 1924 Seventh street; to
cost $4,000.
Claude G.. Johnson. 416 Shepherd
street, owner and builder; H. P. Bax-
ter, architect: to erect one 2-story
brick and cinder block dwelling, 5000
Arcadia place; to cost $3.50.
Little Tavern Shops, owners; to
move building from 1911 H street to
1909 New York avenue northeast; to
cost $1,000.
Evening star., 1937-02-06

tect and builder; to erect one 3-story
brick and concrete apartment, 1922
Thirteenth street; to cost 100000
c. H. Small Construction Co., $50
New York avenue, owner and build
er; George T. Santmyers, architect;
to erect four 2-story brick apartments,
16294l Trinidad avenue northeast;
to cost 100000.
C. H. Small Construction Co., $50
New York avenue. owner and build
er; George T. Santmyers, architect;
to erect five 2-story brick apartments,
1645-63 Trinidad avenue northeast;
to cost 100000
Dallas M. Grady. 1l04 Vermont
avenue. owner and builder; George T.
Santmyers, architect; to erect three
2-story brick apartments. 4018, 1922
and 4O26 Ninth street northeast; to
cost 100000
Eugene H. Phifer, owner and
builder; Dana B. Johannes, jr. de-
signer; to ereot three 2-story brick
and cinder block flats, 1918, 1922 and
1925 Ninth street northeast: to cost
e25,50O.
Clay CoSs owner; Arthur Heaton.
architect; E. A. Pessagno, 1877 H
street, builder; to erect one 2-story
brick dwelling, 1878 Glenbrook road;
to cost $4,000.
Elmer B. Young, 1925 West Vir-
ginia avenue northeast, owner and
builder; George T. Santmyers. archi-
tect: to erect five 2-story brick dwell
ings, 1908 Lang place northeast:
to cost $4,000.
District of Columbia, owner; Pitts
burgh-Des Moines Steel Co.. Pitts
burgh. Pa, builder; to erect founda-
ton for and erect one 100,000-gallon
steel water storage tank. near Glen
Dale, Md; to cost $4,000.
Ed B. Burling, jr. owner; G. L.
Howe. architect; E. A. Pessagno, 1917
H street. builder; to erect three q
story brick additions, repairs and al
terations, 1897, 1889, 1341 Twenty
ninth street; to cost $4,000.
M. v. Tanning, 1856 Spring road
owner and builder; J. G. Herbert,
architect; to erect one 2-story brick
fats, 1920 Twenty-eighth place SOUTH
east; to cost s10,500
Tolson, Kemp g. Nix, 2314 Rhode
Island avenue northeast, owners and
builders; A. c. Tolson. designer; to
erect one 2-story brick and frame
dwelling, 1920 Michigan avenue north
east; to cost $7,500.
Shockey & Havermale, 4025 South
Dakota avenue, owners and builders;
w. w. Shoemaker. designer; to erect
one 2-Story brick and cinder block
dwelling, 4118 Nineteenth street north
east; to cost $1,000.
G. F. Mikkelson, 1858 Rittenhouse
street, owner; r. w. Berry, architect;
G. F. Mikkelson & Son. 1858 Ritten-
house street, builders; to erect one @
story brick and tile dwelling, 1910
Stephenson place; to cost S8,500
G. F. Mikkelson, 1858 Rittenhouse
street, owner; R. w. Berry, architect;
G. F. Mikkelson & Son, 1858 Ritten-
house street, builders; to erect one q
story brick and tile dwelling, 1874
Stephenson place: to cost $500.
E. M. Clark, 120 c street northeast,
No. SOB, owner; Dana B. Johannes, jr.,
designer; H. E. Davis, 4722 Forty
Evening star., 1937-02-06

sixth street, builder; to erect one 2
story brick and cinder block dwelling,
1926 Verplank place northwest; to cost
Sc 1000.
Mrs. B. B. Horn, 1873 Jefferson
street, owner; M. Hallett, designer;
Walter H. Dawson, 1909 Morrison
street, builder; to erect one 1-story
brick store, 1909 Fourteenth street; {;
to cost $4,000.
Kass Realty Co., Inc. Southern
Building, owners and builders; j. F.
Hogan. Southern Building, architect;
to erect one 1-story brick and cin6er
block gas station. 1914 Rhode Island
avenue northeast; to cost $1,000.
A. S. Lord, 2134 Branch avenue
southeast, owner; G. Paschel, designer;
Clifford Paschel, 907 c street
northeast, builder; to erect one 2-story
brick and cinder block dwelling, 1885
Nichols avenue southeast; to cost
$4,000.
Blue Bell System, Inc, Washington
Loan & Trust Building, owners and
builders; A. B. Heaton, architect; 10
erect one 1-story brick and tile res
taurant, 10l1 D street; to cost s5,000
Young Women,s Christian Home,
owner; Porter & Locke. architects:
Davis, Wick, Rosengarten Co., 613
Fifteenth street, builders; to erect
brick addition and repairs, 235 Second
street northeast; to cost $500.
Gulf Oil Corp. 1924 South Capitol
street, owners and builders; P. R. l..
Hogner, architect: to erect one 1-story
brick and terra Gotta service station
3122-30 Mount Pleasant street; to cost
$500.
Little Tavern Shops, Inc, 5lOO
Georgia avenue, owners and builders:
Luther Ray. designer; to erect one
l-story brick and c!nder block addi-
ton. 1909 NeW York avenue northeast;
to cost $500.
Lillian Porter. owner: L. w. Giles,
architect; F. A. Crump, 1881 Hunt
place northeast, builder; to erect one
1-story brick dwelling, 504l Meaae
street northeast; to cost So, 500.
Benjamin Thoron, 1900 N street,
owner; George Howe, architect; Mar
thinson g. Co., 100 I street, builders;
to erect one 2-story brick addition,
$500 N street; to cost $4,000.
Leo D. Doyle, 1444 v street south
Evening star., 1937-02-06
TENANTS FORCED
T0PAY MORE RENT
Halt in Upward Trend, How
ever, Is Seen by
Institute.

The upward trend Of rents which
started at the beginning of 1884 was
extended in 1885. In December, 1896.
the rent index was at the highest
point reached during the current
movement, according to the Alexander
Hamilton Institute. Rents in De-
cember were 11.4 per cent higher
than a year ago and 30.5 per cent
higher than at the low for the de-
preston in January. 1884. There is
evidence, however, the upward trend
will be halted this year.
This rent trend has been one of
the primary factors which have
stimulated building expansion during
the past three years. Part Of the
effect of the rising rent trend has
been lost, however, because Of the
depressing influence of high building
costs. The high cost of building is
one Of the principal reasons why
building activity has Jagged behind
the general recovery movement.
Building costs were high before the
rise in rents started and a further
rise in costs since then has prevented
the advance in rents from making
much progress toward the elimination
of the spread between costs and