Evening Star Newspaper, August 6, 1921, Page 11

BUSINESS SECTION Finance Classified Ads. - Real Estate. Investments ‘This is the seventh of a series of articles Mr. Babson to be published in The Star. eighth will appear in next Saturdsy Business Section. NDUSTRY, initiative, integrity, intensity and spiritual qualities. Therefore, in dis. cussing last week just how a man these we discussed and means of his spir- At the same time type of mental should set about acquiring qualities for himsell first the wa itual development. we considered the training necessary. In this article are further construc. tive suggestions for developing the forces that win. Physical Strength. J i If a man's spirit is right and right- important ite for securing tne six I's l% of 1y trained, the next most requi physical physical strength The value strength usually under- estimated. The relation between the physical and mental being is a_close one. This body of ours is the dwell- ing place of the soul and mind. Nor- mally a good. strong body furnisies the best abid, ace for a strong soul and min: . ment of industry American city conducive to the best physical devel- opment. There are too much hurry and rush. early and late hours in the Whole business. There is too little opportunity for proper rest and rec- reation except to the wealthy. I pre- sume the normal life of the average clerk is to rise at 7. bave coffee and doughnuts at a quarter of 8, spend a half hour on the trolley car and be in the office by 8:30. Then he has one-half hour to one hour for Junch, out of the office at 5. dinner at 6. picture show from 8:30 to 10:30. in bed at 11:30 p.m. The same round starts over again the next morning. When passing through the great cit- ies of our land one cannot help feel- ing depressed by the inimical influ- ences of the city life on those in the struggle of making good. The great city is one of the prices that nations pay for their industrial development. Speed Causes Suicldes. Some day American ingenuity will devise means for proper rest, exer- cise and recreation for the great mass of the city's inhabitants. Various in- stitutions are aiready supplying this need in a limited way. Statistics show that a great number of suicides are directly attributable to the fast life that we are living. We some- times laugh at the Englishman for his conservative way of living and for his antipathy to our American customs—but if we wotild slacken our pace somewhat it surely would re- round to the benefit of our physical well being. ‘utives- Larger: PhysicaHy. Statistics show that, executives are intelligence, inspira- tion, the six I's of prosperity, are, as we have already seen, largely ‘Making Good in Business DEVELOPING FORCES THAT WIN. BY ROGER W. BABSON. stature than their subordinates. For example, the college presidents as a class are taller and heavier than the college professors. Bank presidents are physically stronger than the !clerks. “Railway presidents are larg- er and physically stronger than the employss. The sirain of modern busi- ness demands as one of the preliminary requirements a strong physical being. There is no particular secret about securing physical strength. It does not necessarily require wealth, but it does require a” certain amount of rest and self-control. The best way to develop a strong physical being is: Eat whole- some - food; sleep in well ventllated rooms; perform a proper amount of work each day; secure a proper amount of rest and exercise. Give some time to recrea- tion; and, above all, live a normal, lean, upright life. Physical welfare is the second qualification for winning the race of making good. Idle 76 Per Cent of Time. cent of the time. In this 76 per cent of unemployed time a proper amount of recreation is quite essential. Tech- nically one should be recreated in the interim between the close of one day's Work and the beginning of the next. That is, the muscle fiber and the en- ergy used up should be reconstructed and replaced before the next day’s toil begins. _In business there must be compensa- tion for the mental fatigue. Business men with weighty problems to solve should have some enjoyable form of recreation. ticularly what that form may be so long as'it is healthy. honest and pure. It may be golf, walking, music, art, birds or flowers. Such forms of recrea tion are the safety valves and govern- ors for the business man—absolutely esential to maintain his proper equi- librium. My own particular hobby is my farm. I take my exercise and men- tal relaxation in God's way. The vast majority of recreational activities are non-productive. I prefer to make my own recreational activity productive and enjoyable at the same time. But every one to his tastes. 1 tried to play golf once myself. I wanted to play for relaxation. I want- ed to play to get my mind off of my business. But every time I sat down for a moment's rest one of the pl. ers would ask me if Union Pacific was a good buy or what I thought of Chile Copper and when the next period of prosperity would begin. I found that the golf links, while giving me phy- sical exercise, did not give me mental relaxation from business affairs. Yet proper recreation should be recog- nized for its value and importance in retaining physical strength. Experienc. Experience comes next. Spiritual, physical or mental development does not end with the educational institu- | tion. When a young man leaves the grades, high school or college he has Just begun to develop. It is for that ‘eason that we term graduations ‘commencements.”. The developmental process is just as essential after a The great mass of us are idle 76 per| It does not matter par-| W. college. Here's where so many of our young people fall down. A young man on a street car was heard to say to his friend, “I have got the best job I ever had. I don't have. to-do two hours’ work a day.” Meas. turing the value oga job by the mini- | mum amount of work required is not conducive to success. For the proper development of the young man it Is not the least amount of work that he can get along with and still hold his job that develops him, but the maxi- mum amount of work that he can do. | Generall speaking, a job is good in proportion to the amount of expe- rience required to master it. A boy can learn to run an elevator in two hours. From apbrentice to profes- sional in two hours; but he gets an elevator boy’s pay. A young man fcan learn to be a motorman on a street car in one or two weeks, and he will receive motorman’'s pay. A college graduate can enter a medical institution and in four years qualify as a doctor of medicine, and he wiil receive the average doctor's income. The same doctor can spend additional ()‘elrs in specialization and he will receive a specialist'’s income. The j&raduation of income in all of these cases varies directly with the time required to learn to do the work. What a Job Is Worth. This is generally true throughout all business. The job is worth approxi- mately the time required to learn it. | Some one has said: “The gods sell tanything to everybody at a fair price.” The job that the gods sell for two hours’ training is worth just what it cost. The job that the gods | sell for two weeks' training is worth what it .cost, and the job that sells for ten years' training is worth just what it cost. The only job that is worth while has tied to it the price tag of constant, unceasing study and j work. Experience is that which { makes your life more than a dash between two dates. - The elevator boy is open to the competition of almost any young man on the street because any young { man can learn his profession within ia few hours. The motorman is open to the competition of almost any man {on the street because the normal man can learn to be a motorman within a couple of weeks. This competition has a tendency to keep down the wages of elevator boys and motor- men. It also has a tendency to stim- julate trade unionism as a method of eliminating _competition to keep wages up. Wages are influenced by the conditions of demand and supply, as many other economic factors are. | Wages are also influenced by the effi- I ciency of the worker. High wages do I not make men more efficient, but effi- ciency makes high wages. Wages come out of what is produced, just the same as do all the factors in the distribution of wealth; so the more there is produced the more there is to be distributed. ‘These, however, are by-products of the point.’ The point is that with i spiritual, physical and mental devel- ASHINGTON, D. C, SATURDAY, "AUGUST 6, 1921 BUILDING ON I STREET SOLD. | - The Foening Slat. REALTORS’ ETHICS. Agents should recommend to owners and earnestly encourage ~exclusive agency contracts with ; agents’ making a specialty of property in the vicinity or of the character offered, because of i the obvious mutual advantages accruing therefrom. Owners thereby secure serv- ices of an expert or specialist, and the feeling of sole respon- sibility for getting results will stimulate the ingenuity and ac- tivity of the agent profitably to each. Exclusive agency avoids mis- understandings, cutting prices, and owners becoming obligated for commission when two or more brokers have worked at cross purposes on the same deal. (From the code of ethics, Na- | tional Association of Real Es- ! tate Boards.) [nothing else but physical development, and to them physical culture is all im- portant and nothing else is worth while. We have with us the intel- lectual gymnasts, book worms, im- practical and unsociable, who devote their entire time to working out theories. They are a class of people who spend their time in measuring how thick the ice should be before it is cut and by the time they get their measurements correct, the ice is melted. We have men who devote the greater proportion of their time to golf—men who talk of nothing but Bolf. By a systematic training course we can develop our spiritual, physical or mental being so that we can perform feats of strength. This fact is uni- versally known. Systematic concen- tration and properly guided exercises in mental development make for won- derful results. The attitude of the majority of people toward systematic training is not satisfactory. If we can get the great mass of people to understand that they have abilities and potentialities, we can make rapid strides in our race of making good. Religion consists not of creeds nor churches. Physical health is not made up of muscle or weight. Education is not designed to cram us full of data and tabulated information. These are all examples of improper co-ordination. In order to qualify in the race of making good we must not only develop our spiritual, physical, mental and industrial selves. but we Parker & Ankers have acquired the five-story buflding, morthwest, from Eugene C. Smith. The firm will use the structure as its future home. The nale was made through the office of Frank A. Gibbons. | the others. inated, hen a young man enters business. ording No employer is going to ask a young man what grade he made in trigo- nometry or Greek, but he is going to ask “What can you do?’ That is the test of the young man in business. We are all gauged by what we are able to accomplish. What Can You Do? Hence a constructive aid to making £ood in business is a proper industrial development or ability to work. The young man who always has the interest of his employer at heart seldom fails. The young man who is willing to come to work early and to stay late has very little trouble with his employer. The man who takes an interest in his work eventu ally has an interest in his company The man who continually dreads to do_his task is doing an injury not i but to himself The .clock watcher who sees how much longer he must work | before he can go home sometimes | vidual who has developed one of the he can work before he must go home business. more than you do. in busine | factor. jdo and the thing that you love to do, and then do it with all your might. Be loyal to your emplover if you are to promote loyal to your customers. Co-Ordinatio The constructive aids above for se- tegrity. th mental roints. | business are the proper spiritual. cal and mental experiences with {a fair amount of recreation. There | should be a governor for these activi | ties. Many people develop one of | these activities at the expense of an- | other. It is quite easy to detect the indi- man who h ness. permanent article. Mr. Part in Mal (Copsricht. at home. sany. 5 the marathon, has no difficulty in making good in|good in business in a big wa; The recreational the development of the physical being, an employe and you will succeed. If | the church activities for the develop- you are in business for yourself be|ment of the spiritual and moral in-! merated are essential for any Next week. 723 1 street | must co-ordinate these factors so that each one will function properly with When these faculties are properly developed and properly co- then we are ready to enter the race of making . Only when these faculties are properly de- If you do not do more than you get | veloped and properly co-ordinated are paid for you will never get paid for | we able to live a well baianced, nor- In making good | mal and useful life. s, work is an Important |eration business has recognized these Find the thing that you can | factors and has created departments In the last gen- them. departments for e educational divisions in industry for the development of one's wellbeing substantiate ! : These curing the six I's and making good in|zare proof that t my he factors above enu- young opes to make good in busi- Else they would not become a. part of industry. in a remarl and_unusual Kabson discusses *“The Woman's nz Prosperity Permanent.’) 1921, Fleming H. Revell Com- divisions of industry | 8 Pages INCREASED BUILDING ACTIVITY GIVES CITY Home building activity during the first seven months of this vear has resulted in added living accommoda- tions for at least 800 Washington familles. according to estimates based on figures in the office of the District building inspector. During the same period last year approximately 600 tamilies had been housed. From January to August 1 of this year a total of 746 single and multi- family dwellings were gotten under way. Last year the same period pro- duced but 539 dwellings. Of the 746 dwellings, seven were of the multi- family type providing living quar- ters for probably 100 families. Satistactory Results. With District records showing an increase of more than 800 in the number of building projects of all kinds for the firet seven months of 1921 over the same period last vear, local builders are beginning to view with satisfaction the outcome of the concerted effort this spring to relieve the housing shortage in Washington, it was learned today. . Figures show a total investment increase during this period of more than three quarters of a million dol- lars. Taking into consideration, however, the fact that building ma- terials dropped substantially in price as the spring building program was launched, making it much cheaper to build houses this year than last. it is estimated that a given invest- ment this year went anywhere from 5 to 30 per cent farther in producing buildings than the same amount in 1920, In spite of the marked increase in number of dwellings erected so far this year. the actual cost to the va- rious investors has been more than half a million dollars less than it cost jin seven months last year to build 200 less structures, figures in the office of the District building inspector in- dicate. The total estimated cost of home- building projects was $5.647.000 to date, while a year ago the records point to an investment of more than $6.285,000. Late Start Gotten. This year's home-building drive did not get fully started until April. due to poor weather conditions and un- favorable material _pri During the first three months of the year a total of 170 dwellings, including three apartments, totaling in cost $130,001 | were begun in April, however: sudden jump is noted in buildin figures, with a total of157 residen tial buildings, including one $200.000 apartment house, provided for. Since April home construction has been advancing with steady strides. May {saw 137 homes started. June saw iand three apartments, and July ciosed with 130 started. 3 A drastic difference in the amount 'of home building done during the a 800 MORE HOMES Living Accommodations Vastly Improved During Past Seven Months—Construction Program Is Far Ahead of Last Year. which brought such a boom this year, lle!n than a hundred houses went up. In May, 1920, the total dropped to _!4, in June to 28 and in July to an insig- nificant 31. ‘While home builders were busy this spring on the problem of furnish- ing adequate living accommodations for Washington’s citizenry. other in- vestors turned their attention to busi- ness and commercial structures. Seven office buildipgs were planned and realized, representing an aggregate cos tof $237,000 A year ago at this time but four office buildings had been started, costing less than $100.000. More store buildings were erected last year at this time than have been this year. Seventy-two stores, cost- ing nearly a billion dollars, were started at that time, while only 56, costing less than half a million, have been projected the first half of 1921. Much Remodeling Done. Next to home building, more money has been invested this year in re- modeling enterprises than in other line 0f construction ac The amount of money involved in these repair and reconstruction pro- jects totals approximately $2.600,000, whereas last year's comparative fi ures ere $1,600,000. The of these remodeling jobs con converting residences into buildings. principally on fares in the downtown se city, formerly exclusive re: ntial. The blocks just north of H street northwest and west of 14th st t, in- cluding those bordering on Connecti- cut avenue to Florida avenue. have undergone the most change in this process of transformation. Places of worship and of amuse- ment tied in the race for the greater number of these types of buildings, with two theaters, aggregating in cost $140.000, and two churches. aggregat- ing in cost more than $500,000. proj- ected. A convent, costing $30,000, and a clubho costing $350,000, also are wn off the buiiding records. st year at this time the records howed two churches, two banks, wo laundries and a factory, all of a less costly nature. excepting one church permit valued at $250.000. Garages averaged approximately 100 a month this year and less than that number last vear. The majorit of these homes for automobiles were of the metal or brick type. with a few concrete, tile and frame struc tures intermingled. Several handred thousand dollars were spent on ga- rage erection, both this year and las SHEETZ BUYS PROPERTY. Elie Sheetz, manufac- turer, who operates a branch store in Baltimore. on Liberty strect at the corner of Clay, purchased the prop- erty this week from the Gaither e tatg. The lot. which is irregular, measures 30.6 by 28.3 by 82.3 and is im- thorough- tion of the local candy l gets to siay The clock | faculties and neglected the others. watcher who sees how much longer | You meet individuals who think of e 22 Built Only 4 Left Inspect At Once it published In this newspaper by With' Associated Editors, Chi. physically stronger and larger of Iman enters business as it is in the opment, the real education begins BARGAIN — same period in 1920 is shown by Dis- trict record In Ap the month arrangement proved by a three-story dwelling and caro. store. hese Homes Will Since 1899 “No Place Like Home; No | Home Like Ours” Be Sure to See Our Home Buyers (R DoNot Fattotaspect [ [ SUNSHINE : 1720 Kenyon . HOMES 1346 Taylor Street N.W. . ::xtraordmary :.atl;: Ml CHI G,AN ! fl Feft Wid‘ ln Your Preference s o Pk - | Mount Pleasant 1o SuE e A First Floor Entrance hall mqmmawm@mmmx—:@.u-nu Exhibit open daily from g to 9. Take 11th or F or North Capitol street car marked “Brookland” to end of route, or car to Kenyon and walk west 74 square Second Floor B A R G A | N to 17th 2 z Living room § Dn. N for g.l:.togxg.l’);ls; ‘cfl‘l, Main 692.5.; after 5:30, North 53% w'nh open fire- % 4large bedrooms Open ight r le. Lots 75 Front. Prices, gm to $10,500. Tiled bath H. :;RUVE:h i_:nd ! )ll! hl rB s $ md!s N Cas o | D;':‘;:c: £oom l-:ze linen = 7 onthly. Cash. onthly. onthly. Cash. onthly. Kitche loset - i wior W SR AR S || paey Siceping porch mion Trust 3 i, and For rge breakfast Attic over entire _ Owner and Builder MIDDAUGH & SHANNON, INC. = o N house Main 768 ‘Tenth Floor, Woodward Building, 15th and H Sts. st These Homes have tapestry brick fronts, concrete front porches, cold storage space beneath front porch; lots 22 by '146 to 20-ft. alley. > Terms Can Be Arranged _ To inspect take 14th Street Car to Taylor Street and walk % square east to 1346 Taylor street, or call Col. 9095-] for auto. Open all day Sunday, 9 A.M. to 9 P.M. C.H.SMALL - Owner and Builder Representative’s Phone, Col. 3383 Cut this advertissment out for reference. Write for illustratéd booklet. Whenever comparisons are drawn there is always a best. ‘There are reasons and the reasons are numerous why Argonne Terrace Homes at Sixteenth and Columbia Road are “Best 0 Col. 9095-J. 1 N 000 IT'S EVERLASTING Bethesda Blue Granite Offering the greatest resistance to water of any granite on the market, and unmarred in appearance by exposure to the elements, this beautiful stone is in a class by itself. "The Best Costs No More In spite of the tremendous advantage in building with this imperishable product, it costs no more in most cases than the cemmonest stone—the kind quarried at random, which lacks Bethesda:beauty or resistance, and which turns an unsightly appearance under exposure. See Bethesda Stone Buildings The proof of the pudding is in the eating—the proof of the stone is everywhere before your eyes. Examine 'the buildings, walls, foundations, columns and porches of Bethesda Blue and those of the.commonér variety. We rest our case upon your verdict. At 33d Place Cleveland Park most distinctive neighborhood—on com- acomb St. The location is in \\’ashingto’n's manding terraces. The construction is of hollow tile, with tile roofs—and brick fireplaces— and every detail of exterior design and interior finish has the Kite character- istics of effectiveness and thoroughness. “Complete” is the comprehensive ‘word—nine rooms, including inclosed breakfast and sleeping porch-rooms (note the illustration) arid two beautiful baths. Each Home is provided with a DOUBLE GARAGE—located away from the house—as is desirable. 7 Profit by the experience of those who have bought at Ar; race and who have found Protected Location-Inspiring Surroundjngs Mecdern Equipment---Domestic Convenience Educational Facilities--Architectural Beauty Visit Argonne Terrace and-your house .problems will be solved. You can pay more and get less, but you cannot pay the same and get nearly as much. Exhibit House--1620 Argonne Place N.W. Open and lighted every day until 9:00 P.M. - Realtor 1409 New York Ave. N.W. Phone Main 98 3 gonne Ter- Fioors——trimmings—decoratiohs all bespeak care and integrity. Hot-water heat; instantaneous heater; and toilet for servants, - Commodious—with every house-keeping and home-making convenience provided. If you'll insj)ect them you’ll be charmed. Open every day and evening—with one of our office staff in attendance. Dor’t Fail To Get Our Figures Our figures on Bethesda Blue Granite for building operations yof all kinds will interest the contractor and the prospective builder. We are making a special effort to greatly increase the market for .Bethesda Blue Granite, and it will pay to secure our estimates, Bethesda Blue G ranite Co ., 4nc. Or Call Mr. Kidd at Main 426 . Tal;e Chevy Chase cars to Macomb street—it’s just a-step to 33rd place. Hari'y A. Kite . 1514 K Street -