Evening Star Newspaper, July 30, 1921, Page 11

x Real Estate : ~Investmen ts Making Good in Business A MAN'S SPIRIT RULES. BY ROGER W. BABSON, This is the sixth of a series of articles | “Is” that bring prosperity—Industry, by Mr. Babson to be published in The Star. | Integrity, Intelligence. Initiative, In- Ehl. seventh will be printed in next Satur- tensity and Inspiration ays: Businoay Sectloo. Are these physical qualities? Are hall we develop these six | they qualities that increase in pro- we ena velop them? diffcult part of our problem 1t stat one thing, it is ment of Towso “The bigs not machinery. me: but rather $n men is not but soul. Wa, tions can be adjusted, but attitudes. motives and relationships can only |, o€ eSS 0f B be converted.” Health, education and | ment. Such a de money may get young beopie diplo-jmore important than 3 mental. industrial only religion causes them mas, but only religion causes them ! GeRes IHCORTEY truly to benefit from that Industry.iness man and sta Integrity, Intelligence, Initiative. In- far more essential iensity and Inspiration which bring|success or making (grue success. than any other The R difficulti rightly tle good. The power of exam make a D it a good soil in which t shine. So as feel that thes need a good of t and much sunshine. What is the to me that the health and good habit stances where habits or unkind habits ha such the young people to form good cessful, but G dnabits and the more in their portance of regular meals, with the window care of the teeth. and of saying only kind things to what is hold a piece of paper. 1 fold the pie time it may fol 1 have folded fold in the s often I flatten ith life. eases, or make a good ¢ is easier for us to do the right thing Every next time. wrong crease, do_the right t Life cessful in bus good habits. have good hab et them a goos are unsucc habits, while t ful usually ¢ their good hal I ask Home houses in sand 7 BEST BUY IN THE Open and Lighted Daily and Sunday Until 9 P.M. D.J.DUNIGAN 1321 New York Ave. of prosperity? How sl st thing in Being a parent myself, I know the king and scolding do lit- nt grow mple What Is a Habit? me way, no matter how We are continually making habi is largely a m In order for young people to be su n in many instan portion to a man's No. they are not. Are they mental acquire them by s all able our children to de This is the most degree have any] “RRGY the truth of that state ties. t me n name difference bet The driving es men ement is in It is not o mind. business us or marke biggest thing - muscle. mat n The body. mind ges. prices and condi- ight Training. already been mad aining our young folks United States. gre ple, and yet we cannot imply by setting It needs a good o grow and much sun- I have grown older | e six “Is” of success 0il in which to grow prominent busines: ers. It showed t piritual _develop necessary as a fou Is — Integrity and tegrity is the t boiled _down | spiration only a desire to serve. needed soil? It seems needed soil is good There are in- on with unclean been suc instances are few. a pe is that that feature ¥ Christian Service Brin; Years and‘years business activities ight make good. are very much Hence the im- sleeping open, taking good chanc and of others. habit? In m; nd When of paper the first 1d at any point. After it once, it will always own consumption. heard of the gospe tally developed it out. It is the same lacked integrity. Every time we|there was a time rease or good habit it religion. Not until time we make a it is harder for us to hing next time. ter of habit. zation develop. Years ago tribes theough the fields fertile country. physically strong standard of menta! iness they must form In order for them to its we older ones must d example. Those who | they hose who are success- | tion developed on s for the he si s in town with a row. ground all around Over 40 Sold by Sample Room Bungalows DETACHED 1200 to 1204 Hamilton St. 8 Rooms and Bath LARGE ATTIC Plenty of Ground Phone owed that thirty lacked _integrity. ful usually have poor|of that lack of integrity no civiliza- xh;.\nkllh? coming of the white man with his Be Sure to See Our SUNSHINE BUNGALOWS N I MICHIGAN PARK 12th and Michigan Ave. hibit. 4211 12th. Open daily from 9 to 9. Take 11th or F or North Capitol street car marked “Brook- land” to end of route, or call Main 6935 for appointment. 6 and 8 Room Houses MIDDAUGH & SHANNON, INC. Tenth Floor, Woodward Building, 15th and H Sts. Since 1899—“No Place Like Home; No Home Like Ours.” 7 BUILT, 4 SOLD height or weight? qualities? Do you tudying books and by going to school? Only to a small are essentially spiritual quali- It is a man's spirit that makes the en failure and power from w on to strife reality a_spiritual £ the body and not uc- Spiritunl Development. The busis of permanent success is spiritual de evelopment i the physical, or recreational. is purely as bus an. Th for indi good in bu: S above enumera tisti You will remember that referenc s e to an investiga tion of the leading industries of the That investigation per cent. of our s men of America are the sons of ministers and farm- hat success comes to those who have been reared in a family where religion and hard work made up the program. ment is especially ndation to the two Inspiration. In- en commandments into one word. while In- faith which comes to those who are imbued with Integrity is the keynote of the Old Testament and is| hich . zation. ago there were no in which a man ‘Why? Simply be- use men produced only for their They had never 1 of service. There were plunder, rapine, hunger, and a lack of regard for the rights of others. Men were physically strong and men- in accordance with the standards of their time; but they I have said that also when civiliza- tion and business were the products of * there developed in the minds of the people a regard for the rights of others could business or civili- of Indians roamed and forests of this The Indians were and they 1 development On but ount this continent until Only as the m| du: for less than CITY M. 1267 ithin | and | differentiates : from the other ,e,igm“li:nxs will be treated more fully in the had a| BUSINESS SECTION WASHINGTON, D. C, SATURDAY, JULY 30, inculcated integrity trial enterprise, appeared the in the mind of man awn of a new era. The Indian did not to con- struct a log canoe bec he knew it would be stolen from him. He did not catch more game than he and his | family could consume in a day be- cause it would be carried away by others. But as soon as integrity was taught by the missionaries. dians began to construct their | which were the beginning merchant marine. The Indi began to preserve their game, and that was the forerunner of the pack- ing house industry. Business enter-| i ible only when moral in- Business enterprise and civilization itself are the products of spiritual teachings. i Religion, Not Creeds. The best way to develop moral and | spiritual integrity is through the re- [ligious process. By réligion I do not | mean theology. - have not in mind {your creed or my creed, or your de- {nomination or my denomination, but jrather that form of religion which {develops in man a desire to deal just- 1y, to love -mercy and keep himself unspotted from the world. Without the development of the qualities incul- lcated by religious-teachings it is im- I possible to make good, even though ou have physical strength. industry and intellect. There are many men in business iwho lack moral and spiritual de- velopment. Temporarily some of them | make good; but before a long period | no man will ultimately succeed who | lacks religion. No doubt there are religious people who age not in the churches. No doubt there are people in the churches who are not religious. but to my mind the best way to de- velop your spiritual well being is to affiliate vourself with a church and {take a direct part in its work. But The new HamiHon Hotel, on the wite of the old Ha: being razed, will be an elgven-story structure, containin, Completion ix expected by March, 1922 is the foundation builder of our fu- ture ex!stence. Money Value of Education. Not only does our individual suc- cess depend upon religious education. but even the national prosperity of our country depends upon it In Spain, Russia, Turkey and Mexico where there is a lack of Christian education, there is the same story of Closely allied w poverty, revolution and misery re- losely allied with definite religious | g, gjexs of race. climate or abundance j training is education in general. 1t is)of natural resourd On the other ! through mental development that one | hand, wherever there is adequate learns to think for himself. Learning |Provision for such education there oW .strial efficiency and na- plished through someé educational proc- |ag Denmark, nd. Switzerland, ess. 5 E Tnite s Many reforms should be made in|EREIAN and the U ted K show- | one of them were in the hook. America's educational system. Too|;no"that productivity per man varies | This represents only ofe individual many frills and fads have found|gifocily with the schooling. The poor | out of 150.000. Of the 33.000.000 gratn- Dlaces in our schools and colleges. | farmers of Asia, Russia and India re- mar students, 808 are lis ed in the| Too much time is required to accom-| o ®rm 3 10" 14 cents book, o~ f out of every 150.000. Of | plish results. Too many impractical!oniv 5 per cent of them are he 2,000.000 high school giaduates, theories are being taught. There are!in Russia 40 per cent of the people read | 1.245 are listed in the book. or eighty- | too many teachers with book knowl-|and write.- In the United States 92.3 | Seven out of 150.000. and of the 1.000.- edge and too few with practical|per cent of the people read and write. | 000 college graduates knowledge. Despite all these things|From the shoulders down neither men |lated. or 800 out of 150,000 the. educational process. even in its|nor nations are worth more than the | words, the child with no schooling | I present state, is one of the most con- | product of their labors. | has one chance out of 150,000 of mak- structive aids to making good. The| There is a class of individuals who |ing good in a big way. The child| educational period of a man's life|still insist that manual labor is the|with an elementary education has is the most important period of his)only kind of productive labor. - | four times the chance. Tae chill} life. It is the formative period. It)tistics show that the contributions of |with a high school education has is the period in which habits, charac- | intellest are far more productive than | elghty-seven times the chance while | ter, associates, friendships, moral and | manual labor. 1 say this with the|the child with a college education has Ireligious attributes are made, formed ! highest regard for n a i e chance. land acquired. The educat period | most honorable kind of 1 standpoint i eyes to the contributions of the would W 1l inventions industry not be developed as it is today. them under primitive methods of pro- duction. If prices have been highl! during the past few rs. think what | last chapter. The Right Training. “ousehold stage. | Who Succeeds? Some years ago a study was made nes listed in the book of s Who in Americ: This book { contains 30,000 nam of those who have made good in certain walks of life. Of the 5.000.000 uneducated peo- ple in the United only thirty- in the You'll Be Surprised— Picture your idea of an ideal Home—and you'll find the designer has met that—and gone further with many features you haven't seen before, nor even thought of—in this latest group on Macomb Street-—Cleveland Park (at 33rd Place) They have a commanding location on a high terrace. Their 9 rooms are admirably arranged; their 2 baths are modernly equipped: the glassed-in breakfast room and the sleeping-room-porch above, with fourteen French windows—as shown in the picture—give the openness of a porch and the protection of a room. There is a double garage provided with each home—located in the rear, taking the noise and odors away from the home Beautiful fireplace—beautiful floors—beautiful decorations. Practical kitchens with gas range and dresser. More closets and of larger size than you've seen in any home before. Floored attic; cemented cellar; latest hot-water heating system; instantaneous hot-water heater; toilet for servant. And the price—unprecedented since before the war— 16,500 19,500 22,500 Come out tomorrow—or any day and evening—to inspect them. Representative in attendance. Take Chevy Chase car to Macomb Street west. Phone on Hotel, northeast corner of 14t! 0 rooms and 310 batl the same time we must rot close our | be in-{less than 1 per cent of American men Had it not been for the me:!are college graduates, this 1 per cent of college graduates has furnish per cent of our presidents. 36 per cent could not clothe our people or feed of our members of Congress. 47 per cent of the 54 per cent of the vice pr they would be if production were still | 50 per cent of the secretaries of the | generals, and 69 per cent of the jus- tices ¢ vantage in the race of making good | general student toward physical and mental training. degree today dent on the athletic field and he wiil | obey the physical coach to the let ter because he knows it is absolutely necessary to observe the rules in or- S are tabu- | der to make the team. The athleticipa mus In other | coach often regulates the |sleep and designates the dictum is accepted without a murmur on the part of the student. same student in | ves=or 'The Foening Slar. 1921 It offic prope and K streets, now J. H. de Sibour is the architect. able the interesting to know that while d 55 speakers of the House. per c ihe secretarde Der cent of ihe secretari e treasury, 67 per cent of the atiorney | |i¢" the Supreme Court. ‘Tl ire cold statistical facts that must accept as a handicap or an ad- Inconxixtency of Students. lik fn my college days I was consider- bly surprised at the at:itude of the Probably the same to a greater or less Put the averaze stu- ors attitude preval hours _of diet. Hisipotl Put the classroom and ! in- the his attitude toward the mental structor changes considerably. thes (o once questions the advisability of the | pany. 1 do not care to know what | bership allied tty a ver: ge hall perience an F Classified Ads. inance 8 Pages NEW HAMILTON HOTEL TO BE ERECTED AT 14TH AND K STREETS|REAL ESTATE BOARD TO OPEN CAMPAIGN FOR NEW MEMBERS w. members will weeks' campaign to bring the total to the number required for the future activity of the board When this is accomplished, soliciting of members will cease, Extended to Salesmen. Under the reorganization plan mem- n the local real estate board is now extended to salesmen in the es of active members, members of businesse: owner: membership erty ommittee, as it to broaden board's wor With increased kno races at all the lowest ama:eur ai the marath considered as that race in whi:h hon The achieving measure. In a of making ces professional are usually same in If one reliminaries. who (Next week's art 1f | the Forces That Win,” makes further ihe instructor assigrs a chapter from ' constructive suggestions.) {the history of Rome. the student at Firs the plan Herbert, ravid el that and the larger the Romans did. What I want is to know what the i common e d tra £ The Ma . The he highest. good ts fullest the race of LXDECTS 0 POsSess prepare and quali There are man of the I's: have some n order to have them velopment is necessary. angement wit widened scope of will Robert L. Barry, Jarrell, H. Latane ard and W. 1 suffic be obtained profe These ne will receive special attention from the is considered desir- me responsibilities, local board will rank with the other leading civic organizations. Secretary declared ie statement Whereas ning in educational that what " today is the result of purt years of { experience. thon. The race of making good is not un- an athleti event. stages beginning wi.h nd ending withlip arathon race of any preliminaries. le. Fleming H Organization. Launching of a comprehensive drive | general and realty interests especially to increase the membership of the|are expected to derive benefits from Washington Real Estate Board in ac- cordance with the activity provided for under the recent reorganization August 1, it was announced today by John A. Petty, executive secretary of the board. A systematic campaign wlready has been mapped out and a spec bership committee has been appointed, as follows: Joseph A Keever, I Phelps, Thomas Lewis, 5 Morton J. Luchs, William Robert C. How is expected | the change. In connection with the | just been effected | issrien 8 for bers. quotations: foundation of all wealth, and human happiness. | 1 mem- | Me- enn Washington foliows: “It is a for the advancement and of real estate interests. “It endeavors to protect Real H. . H.' C. Bangs, Phillips! in a twolpon-ethical practi brokers. broker. t is stated. not engaged in “It will and investors real estate. ‘It power and influence shed by in “It the on the property owner can protection. “It assures the public sible and trustworthy brokers.” ons and | P classes scope of the and the bership A succeeding section interests in|ship. Active members i nited to licensed a yea tive board confers the title tifying the member ticing the profession on the highest plane.” Associate membe plained esmicr members. certain a nesses and profe cwners whose tate justify membership, members are cntitled g today.” is heard in those of e is happening There are mav be Salesraan and that “amliation participaiton in en the viewpoint. enlarge kind there|ance and increase produ Just the|Ir addition. opportunity making good. | salesmen und cmployes the six I's ome familiar with in the|standard of ethi per- | National Association of Ri but | Boards and practiced by elf-de- | Loard emploves non with the suc mars all, informed t in_the T10fessions are “Developing | ciate membership llied with real es Revell Com. r architects, s and .financ an interesting booklet, outlining the aims and purposes of the board. has distribution among realtors and prospective mem- The cover bears the following “Real Estate is the basic prospe Protect it supporting your local board.” Reasons for Joining. The contents comprise a series of reasons why persons should join the ate Board as co-operative organizatio) | bers ana the public in gener: of irresponsible “It aims to eliminate the unlicensed “It is a public-spirited orga profit-making. protect and assist in all matters affecting Clasxes of Memberahip. I boints out requirements and range of member- ip. it is stated, brokers, have maintained an office for at least membership realtor.” iden- as a brok. of re *hip, it in the pamphlet, is and_employes of active iated ions and b Jdings of T to participate the activities of the board. but are not permitted to vote or hold office. board its activities broad- ive ability adopted Members of allied businesses and Wider Scopé of Activity Provided Under Reorganization—Takes Stand as Civie owners complish aims that cannot be accom- ividual effort. organization look to for of respon- agents and the who the prac- estate of realtors the is arailable to a select list of persons ate, xuch as build- contractors, material and supply < engineers, al interest: nent business homes. Main 4846 L Harry A. Kite K Street Owner and Builder. Purchase for occupancy high standard of its occupants. fair rental value—the purchaser than as a tenant. the owners. rent increases, when _ownership money? The proof? vestigation will do it. it tedny. That is why wo al sterling security. ke ! The period of Southern Building THE TENANT means permanent location in_a building that is nationally known, and which will be noted for the The price asked is so low that—based on a tenant-purchaser pays less in actual cash in a seven-year period, with first payment included, as a After a period of 139 months, the purchaser pays only his share of the building opera- tion—in which he has a voice, as one of Isn't it worth while to stop renting, to stop moving. to be done with rent receipts and and to become an owner is acquired A five-minute r C for Southern Building, 15th and H Sts. N.W. Sale of Southern Building Moving Rapidly to Completion From every angle of investigation, the Co-operative Plan as applied to the Southern Building is so sound that many firms, corporations and individuals already have purchased perma- Every user of offices space owes it to himself to especially invite such investigation from individuals, firms and corporations of standing, assuring each a complete and exhaustive review of the proposition from every angle. —Read these and then investigate—But Don’t Delay— less in- Nearly 3 years ago we made a comtract for the purchase of the Southern Bu ry low figure then, mot to mention & the Southern Building on the zo-ope o-operal nvestigate—to know the whole story. Purchase on defered payment p! Attractive, is it not? e vant difference | tive plan for $1,000,000 lexs than the cost to reproduce be realized from an investment, backed by such e lan : e Careful investors have examined into the minutest details of the proposition and have invested their money for the purpose of leasing to concerns of the required standard. Many others have indicated that they soon will conclude their purchases, thus making certain the sale of the building under the Walker Co-operative Plan. THE INVESTOR The investor is tendered without exception, the soundest yet most attractive proposi- tion offered in a decade. n of any given amount of floor space. which can be readily leased at prevailing rentals, will yield the investor a net cash return as high as 17% on cash invested while pay- ing off his deferred note. Thereafter the net return in many cases will be over 40% if the same rental values maintain. We believe in this center of . Washington's financial district they will be maintained. Yet it is as sound and safe as could be desired by the most ex- acting. bullding costs today. We are nel Purchaser pays a sum equal to two years’ rental at the initial payment, and thereafter for a 139 months pays a sum equal to two-thirds of the rental value each month. After that time he merely pays his proportionate share of the cost of operating the build- ing, estimated at between 20% and 25%per cent of rental value. We Invite Fullest investigation of Every Detail or Plan "~ ALLANE. WALKER & CO., Inc. Main 426 We