Casper Daily Tribune Newspaper, May 8, 1923, Page 12

PAGE TWELVE. AAILROAD SALES MANAGER NEEDED | TOENCOURAG Roger W. Babson Suggests Improvement Designed -To Bnng Results; Carriers in Prospect, He Says. WELLESLEY HILLS, Mass., May 4.—Our commercial world is suffering with poor circulation and the case has been critical from time to time dur W. Babson today issued a statement regarding the railroad | situation that furnishes much “Our commercial gcteries are congested,” says Mr. Bab-! ‘son, “and I am not at all sure that ve have ngt suffered a good many'| of the pains that come of poor cir- Rightly or wrongly we omplained of our transporta-| ties nd it is evident that been and still is many respects. al shipper, big custom: er to our railroads, complains that he is being held up for exhorbitant freight fores, that he cannot get/ cars when he needs them and that| he has quit putting claims for set- tlement because it costs him more in time and money trying to co lect them ‘than the claim is actually worth. If you are looking for ad- verse criticism on our present sys-| tem of transportation and its opera: tion, go to the commercial shipper. “The second customer of our rail-| roads is the farmer, who also is ready with his dill of rights of grievances. The rat!roads have left him without cars and his crop has’ depreciated) heavily on his hands. When the cars 44 finally arrive freight rates took| a part of hie profit. He is sure that thers {@ eomething wrong with the} present aystem, but he {s not quite! certa’n as to the remedy. His ezper-| fence with government operated rail-| roads does not make him want the/ experiment repeated, but he thinks| perhaps a bill put through Congress which would require the railroads to! carry the farmer's produce et @ fraction of the present rate would turn the trick. “Nor are you an@ Y much heppier about the present situation. We ride| on trains as passengers an@ complain | of the wretched service. Our feelings are not soothed any when we examine the column of figures on our pullman berth check and find all reg: ular taxes and sur-taxes listed in order. Our good friends the commer cial travellers are particularly in ensed just now because the courts have handed down a permanent junction againat the tesue of milage books. The quantity discount that wed to be enjoyed by the commercial raveller es a large cash customer of transportation {s no more. He must pay the full tariff whether he likes it or not.” It {s quite apparent from Mr. Bab- son’s summary that the customers are not happy with things as they are. “It we look into the transportation business {tself,”” continues the stat!s ticlan, “we find a d’ssatistied group E BUSINESS BASIS Better Earnings for ' ing the last six years. Roger food for thought. and that since they may have some! watered stock the government has actually guaranteed them earnings | on capitalization which really does not exist. As a matter of fact, this is not at all the case. The govern- ment has not guaranteed any earn- ings and all roads are being dealt with upon the present valuation set by the Interstate Commerce Commis: } sion and not upon their capitalization | either real or fictitious. | “The original ruling put in force the day the raflroads went back to private ownership stated that the Interstate Commerce Commission was to set rates that would show a rea- onable return on the investment. ‘or the first year that act established 6 per cent as such a return. The In- terstate Commerce Commission raised rates from 25 per cent to 40 per cent to show that earning, but the roads actually earned 2 per cent. Last year the Interstate Commerce Com- miseion ‘established 5% per cent as a fair return on valuation and has act ita rates to allow such earnings. “The net earnings for 1922 average 3.82 per eent which is less than sav- ings banks ordinarily pay on de- posite. Nor is this 5% per cent in any way a guarantee. Once the rates are set {t is up to railroads. If by efficient management and econ- omy the road is able to make more than 5% per cent all well and good, if it shows a loss under these rates set by the Interstate Commerce Com- mission tere in no recourse, “The emcouraging thing about the | whole situation is that three or four | of our great railroad symtems have | come to their senses and are really | merchandieing their service and giv- | ing their attention to their custom- ers. The success of the course they are taking is evidenced by increased traffic an@ very eat{sfactory earn- | ngs. During the next few months I hope that the rest of our railroads will become converted to this com- | mon sense policy and that they will realize that running a railroad is very mue& like running any other business—he profits most that serves best!’ This is why the keenest in- vestors are now bullish on railroad stocks. | “In stu@ying this problem I find that we must go back 15 years to get at the cause of our present dif- ficulty. In. those days the financiers were operating the railroads and on ublic be damned’ policy. Wages re held at too low a level and of workers who are spending a large part of their t'me trying to get what they think will be a satisfactory working basis. They are for govern ment ownership because they believe it would be of direct benefit to them inasmuch as {t would probably p: # good h’gh wage and would continue to pay {t whether the business done or the service rendered justified 1! or not, The tax payers cou'd meet the deficit. A selfish ema unsound proposal at least. “If we turn to the many thousands of small investors acaterea thruout the country who own our railroads we find that they are not very en thusiast’c. They will tell you that their money has been tied up in rail eccurities all these years, that they have recelved very little in either ac tual return or in the way of en couragement. ;. with all these people los. might suppose that some one would be winning. We turn to the management of cur roads and we find them complaining bitterly that they can do nothing because of gov- ernment regulation. They will tell you that their roads are in need of repair but that the government will not allow them to make enough 1 pay interest on the money that they must borrow to buy the new equip- ment so they have to worry along with what they have and apend their time trying to hola off more adverse lation. We are, therefore, unant mous in our agreement that some i is wrong, but what is to be done about it. Our railroad system cannot break @own completely ion of our great commercial cannot stop or business wo. and the people would suffer tion. Phere seema to be a great eal of misunderstanding among the radical element who are pushing for more restrictio: and adverse legislation. You have often heard it said that the government through its ruling ha: guaranteed the railroads earrings GALS! LEMONS BLEACH OUT TAN “INDFRECKLES * Mis the ‘fulce: of two lemons with + @hres jounces of Orchard W: uggist ‘will supp!y for a Now ing one cir worl die star ui¢e well in a bottte, and » a’ whole quafter “pint of the “ "Wonderful freckle and tan nd complexion beautifier Massage this ‘swee fragrant non: cre to face, neak. arma and each day. and see how ‘freckles and t e# natural ar out how youth fully clear, soft and rosy-white the skin becomes, ement, J rates were jacked up for all that the traffic would stand. As condi- tions Became unbearable, it was necessary for the government t step in with its legislation and re-| strietions. The railroad management | of today is reaping the harvest that was sown by the railroad manage- ment of a score of years ago. the old law It is of Action-Reaction all over again. The general public's habitual complaint of its common carriers {s an attitude inherited from these same years and bred of this yement. firmly convinced that the present dissatisfaction will continue until a new conception of the rail- has been sold to the American am people. The present management is too busy to bother with ‘this little shipper’ or ‘that little shipper’, ‘th's passenger’ or ‘that small claim’. It busies itself in Washington playing politics and trying to get itself legis- lated into the profit column, | “If I had one of these railroad sys- tems on my hands, I would hire a salesmanager for it, a man thorough ly competent to sell transportation service to the American public. A man who could merchandise efficient transportation to the shipper, a man who could sell a pleasant, comfort- able journey to the traveller. The railroad business ia no different from any other business. Yt must render a service, but it muat also sell that service. The department estore that took the railroad attitude and said that {f you want anything we have, you will have to come and get it, you will have to walt until we get ready to give it to you, and if it is not satisfactory just nd get a settle- ment; would be in bankruptcy within sixty days. It is Just as unsound for the railrdad management to try to pass favorable legislation that they believe will get them into’ the profit column, as it {s for the rail workers to want government ownership be- | cause it can pay them a high wage year in and year out whether they earn it or not Se ae ee Handel had one of the most re-| markable musical memories ever | known. He knew, by heart, over 60 | operas from beginning to end. es - - | Constipation Vanishes — liver. Stop after- ‘dinner di tress—co: rect indiges- tion; improve the complexion — brighten the eyea Che Casper Daily Cribune TUESDAY, MAY 8, 1923, FOUR SQUARES 10 ttt MILE | What Do They Tell? They Tell You the EXACT RELATIVE LOCATION of the Several _ Additions Now Being Placed on the Market. Three and One-Half Blocks to the Square That is just how it figures—or fourteen blocks to the mile. With these figur and every addition. We want you to make comparisons—for it is COMPARATIVE LOCATION this little map, Office is shown ask you to consider the ~ ~ - es you can figure for yourself the EXACT LOCATION of each that MAKES real estate values. With which is absolutely accurate, that comparison is easy—it is all before your eyes at one glance. The location of the post- as the most central point of town, and we SOUTH ADDITION UP OUT OF THE SMOKE AND DIRT OF THE BUSINESS TRAFFIC You Have Compared Locations ---Now Compare Prices Five blocks closer in lots are selling at $1,200 to $1,600. In a new. exclusive district, such as this dis- tréet, lots will go to similar levels very quickly. You can ewn a home site bere and own a car, too, at the price of the home site alone very little closer in and have the added advantage of being in the exact locality that you would take by choice in perference to all other offerings. Ian’t it your duty to your family to provide them all the comforts that your meane afford? Isn't it, then, the part of good business to make your dollars buy a homesite that they will like bet- ter in the years to come than any other in Casper and at the same time, by not increasing your investment over that rice of close in property, to have the joy and satisfaction be a family car and make this exelustve district close in for you by going back and forth in your family car? BUY ON MONTHLY " PAYMENTS Have your lot paié for by the time you can afford to Duild. In a few months the South addition will be most covet 4 residence property !n Casper. Are you going to be a happy owner then or are you going to be @ wish-you-were? é Z Business Opportunity There {s opportunity here to establish @ small grocery store. While patronage would be limited just at this time it is rapidly growing into a community that would mean very good business for some foresightec ,enterprising indi- vidual. Where Could You Look to Find So Much for So Little Only in Casper, the biggwst little town in the world, and in this district of Casper, could you hope to make your Collar mean so much. The addition faces the road to the Community Park, that road, a continuation of South Park street, being the west boundary of the addt!ton. It takes no wide stretch of imagination to picture a fing street anc even paving !eading to the South addition in the very near future. - You Will Like It The lay of the ground, the tough sod and the rich growth of grass add a decided charm and keep your feet ont of the mud. The entire addition is beautifully sodded and is free from mud and dust. future. Biber ont otnce will be used for park park. WaINSO IaauLs ‘This is Casper’s Finest, Highest Priced and Most Exclusive Residence Section. Wheee Will This Extension Go? Cty “fl patter Reoecvoir M Heights Addition Goit uke Sehebe nine rrerr ee wonIppy Poomusy Homesites Purchased by the Business Men of Casper for City Park Park Hill Addition City Water? Yes, city water Is in the addition and rung to practicaily every house in the addition, Opportunity Knocks Some time ago we procured an option on a number of lots in this addition, The time of that option igs nearing expiration. It re- quires a certain amount of cash yet to complete the transaction. We must have that cash in before Saturday night, hence the offer- ing. The few lots remaining will then be off the market until it is checkered with paved streets and entirely surrounded with $20,- 000 and $80,000 homes. If you want eome of the pie, get in while there is a little left to get. UOnIPPY 21*PUcily for all time to come. park and pleasure purposes. been made and this Addition for all time to come will have a beautiful outlook on what will eventually be Casper’s largest and best improved During the past month the City Council accepted South Addition with surrounding territory into the city limits. h 3s ample city water service and extension of city improvements in the near This gives an assurance of Section 16, which lies directly across the street west of this Addition, and pleasure purposes by the residents of Casper It was acquired from the state specifically for Extensive improvements have already Casper View Addition This South Addition will forever face on arke and playgrounds. You know, we need net even suggest that environments of this sort beopeak rapid increase in valuce and ultimately the most extreme values in residence property. As is the case of every city of any importance the swellest and most exclusive homes are bui!t, not right down by the side of a twenty-story skyscraper that mars the value of a beautiful home and makes it look dwarfy, but up on top of the hill overlooking the city with the sky on one side and the mountains in the distance on the other for a background. Check up on the South addition and you will find that it answers this Cescription exactly lying a few blocks south of what is now Casper's swellest residence section. The people of Casper are building better and finer homes every day. Where are they going to want to build their mansions in the very near future? Look at the map, it speaks for itse!f. The location and the lay of the land make the South Addition the one logical spot upon which to build that magnificent home overlooking one of the richest little cities in the west. Ground Floor Opportunity Is a thing much talked of but very seldom avalable to the rank and file of investors. You know it is customary for dea’ers in real estate to jump prices away up when some condition arises that makes big increases certain, Such is not the case with Western Realty. We want you to make money on every lot we sell. Not that we are philanthropists but we recognize that it is good business on our part to make a good profit for our buyers. We are confident that these lots will be selling from $590 to $800 each before the summer is over. We know of bids of $400 cash on certain lots atres that have been refused. That is a reasonable indication of prevailing values, More Building Proposed Considerable building was done last year in the South addition and a grand rush for lots In this location is worse than ever this spring. There is nothing else avai'able, lo- cated as these lots are at any where near the price, Pavement McKinley street is now proposed to be payed from Secon¢, street to Fifteenth street. Do you realize what that means? McKinley street is the east line of the South addi- tion. Fifteenth street is the north line of the South addition. Henep pavement almost up to your door this summer. A New School Building Is now provided to take care of this locality. Again refer to the map of you please and note the southeast cor- ner of the square marked city reseryo:r. It is In the south- east corner of this square that the new school building now stants, You = ay this square cornera the atdition we are offering, It seems particular}; ed for your convenience in this location, doesn’t it? ator These Lots Priced $250, $300, $400 and up - Terms to Suit You. * INCORPORATED mo Office---Basement Consolidated Royalty Building | Phone 1078 CALL US FOR APPOINTMENT AND WE WILL TAKE YOU OUT Forever. . § : pais Prompt—Permanent—Rellet | estern e id CARTER'S LITTLE LIVER. PILLS . never fail. Purely vege- Bye tie exe oa tableact surely_but = . ; gen ; y ie . IVE FR oe Ss 4 + and Lot Sales Co. | CAPITAL, $100,000 “Lot Sales You Can Aford to Follow”