Evening Star Newspaper, August 20, 1921, Page 9

i : =——=""" T~ ' BUSINESS SECTION | ‘ : Real Estate S8 @ 7 s s Finance > pes e Investments’ ’ I]e : nenlng %iafo by Classified Ads. {|. - . Part Two. i A ; . WASHINGTON, D. C, SATURDAY, AUGUST 20, 1921 REALTORS' ETHICS ’f "OWN-YOUR-OWN-HOME™ PLAN e R S e | URGED AS HOUSING SOLUTION sting numerous signs, 2:":" ‘:g permitted. S\Ic'h pl’.l:i tices cheapen property H e C : { 1 E A f the A e IR L ousing Committee o Real Estate Asso tions over price and commis- sions.One sign only is recom- ciation Recommends Building of One 10 Pages Making ‘Go-od in Business WE BUSINESS MEN NEED VISION 1 d. BY ROG ‘W. BABSON. jmended T reat estate F : ' poard- cannot honorably ’I’ 1 S e = sl and Two Family Structures. series of srticles | period there devel 2 1 i i, of a fellow broker and make ere developed in industry ir A v . % £ ‘ f the knowledge for Sy, | Doriod thers developed again industry ir | Because the average business man, like i ; use of the purpose of closing the deal 3 those blind men, judges th : housi hort: f d two family houses by To fonth will appesr In next Saturlays |Fravagance. eficiney b a0y o s | & . judges the world, not ; . P, P e Relief from the housing shortage)of one and two family houses by = & y the great cont) o ‘ himself or diverting the el e = Business Section.) clency, intégrity in place of dlshonesty, | but rather by :fi{“’,’g {::'l'%r‘:'ol lite, ] el o another property. must come through the -erection of g:;llr!'hpr;:mélzzlmumnu, Chairman Why, - when the country is funda-land righteousness in place of unright- | banker handles money all day and. b i i . Brokers owe it to themselves | |one or two family. dwellings, built!™% fven Re nd: mentally sound. need we have these SOUSicss ‘Thete factoru of indusiry. in- ) udges the worid by the monesrate: The 1 ; . ; and the general public to Maln_ | |13 the occupants, or by one of them, i ePOrs Given Recommendation g ore ; ] ; o = fockiess boouia and depiessing peicy el [change all day and e Sudgen he wend - % ; S5 chargen of the board. according to a decision of the hous- |, ¢ TUCC, O (A NNCIR CROC T now so much in evidence? TeTi) o aepen sion, caused and lald the by the rate of exchange. The merchant 1 z It s the duty of members to | |ing committee of the National Asso-|mendations: In charting the trend of business in | {ohfdation for the period of prosperity ?:‘;\:el:lmc.ommo&llll;l all day and he ; s h | submit all go:\;ro\;err:é:: to ar- | |ciation of Real Estate Boards. That a fair wage be returned for 11s.we show S world by commodity prices. . . bitration o e ined by | well-earned labor, consistent with the o chart as e arwat t» Bexve. dayaare all blind Those of us who y committee rather than to bring Thoiposition| slways s miaine o, | maintenance of medern dwellings, as periods of prosperity on a This has been true in every cycle and fl that lose sight of the elephant. We sult at law against fellow mel'n}—l the national association. as empha-|gemanded by our present civilization solid black areas above the line ofis true today. Wage earners, emnhyenlzlepfin'g"’me without knowledge of the o bers, and (hl is :::e:':lgfn °{ob:2- sized in fostering gwn-your-own of _;.:u.mg codes.f e normal activity sind periods of de-|and merchants during periods of pros- i 2 sides to the contentlon o 200 home movements, is the logical po: at plotting of subdivisions, with- But each of tkese solid black areas|This bbrings on depression. ' We remain | rea) oomrooant (0, 88 the fact that the (From the code of ethics, Na- | 7R LAY ©opaiiman of the housing |be discouraged. 18 divided about the middle by & lit- |in this depression until we get back | (hing thay L& Purposes of life, the real tional Association of Real Es- | |f®apoits. Tiins it Bcndment o) the fedensl tle white line that is very significant |again into the path of righteousness, |is (1o Lpoy ke business good or bad, tate Boards.) Soning tn Taastic mtnse reserve act, to permit the Federal * This line shows when the character of and once more remember what the word |51 ‘er ‘cont aye (ke ook o SinCthET nce just completed by D. J. Dunixan at 3808 “During the past year, the housing | Eescrye Buard to direct the use of - the people changes. service means, thinking more of our vi coye on the star tain; ¥ Durin ) € | savings and time deposits of nationa During a period of prosperity the!duties, or responsibilliics, and less of R e O crhether 51 per cent have s home contains eight rooms and| ———————————————————=—-=l i ation has taken saw-tooth lines,” |bLanks for long-time loans, thus giv- e e the character Loor Tl O e their eve off the star of scifishness de-| attle. The finish ix mahogany and white, with onk floors. The lot hax & Chairman Smith pointed out in a ré-|ing such deposits greater securily of the people has changed from bet- | Business men do not always appre- | ‘“Jnines business conditions. wide frontake with a double gurage in ke rear. W. S. PHILLIPS’ OFFICE cent report to the national body. “It|ang supplying a rource of long-term ter to worse: while during a dep“:_ lshm ";e real causes of prosperity and !’lemb: nr;}:;x;eeg;:gmoxou shol;)d ;o- e ——————————— R was lcute‘ lnlsht Jam‘mry. (Ii‘ ‘\lw7s :g: money for home bullding, be proposed. sion the white line shows when the |depression. In fact, they are too apt to 2 4 s are funda-| . . as acute in the spring an s That a home loan bank bill to pro- haracter of the people has cranged |judge business conditions by What has | cotally all right. Secondly, current | merchants and jobbers. Let us Te-|Rochester one noon. In the evening REPORTS 8 TRANSFERS |neariy as acute today as it was last |vide for district home loan bank Ehiags and Thermoneters: B ring B o A rhoean | that during a periog of prosperity wq | mecial history. you will find that It | ester and & man came up o me, . e tiss 105 omotis stase i |Lion, londs Cmecimeti Uy fhe) s A great mistake has been made in |Blind Men of Indostan. {&l;le: our obligations to God and man, | Was only a few centurles ago when | shook my hand and said: “Mr. Bab- | Buildings in Various Sections of | ‘“The exodus of men and women | banis b‘:”v"a!:‘{’g" ES By SN ey e focusing_our minds 8o much UPOR | wpper (ol O EOIEE en business continues dull untjl we |there-was no such thing as a “mer- ) son. you don't know me, but T know from every part of the country 20| That an amendment, limited to five ,m,‘ub "We h?‘(e IM,“ “‘Illxhtdla 100Kk | 1o Tearning moch foclinete :::!n 'fl.?sfi“ :g zflersam of righteous- ::(nnm:u:r:“";h?n?"::"; ?’btb:r you will be Interested in a story. City Change Hands Through war camps and to Europe left an|years, to the revenue act of 1918, to upon bank clearings, railroad earn-|who went to see the elephant - » the harder we are hit the ir Cancellation Withdrawn. oversupply of housing and at the same | ;rovide for the exemption from ex- t i 5 “The restrictions place fi = e not at all. : Might satisty his mind. st it seems strange that intelligent POUETE the ‘shocs direct from the|this withdrawal of a cancellation of| Elght transfers of property were re- |y jigi e “quring the war. or the re- [RCOlS 20 o e S Sn'Shoe, e sdarams, e, 19 g Ihermometer n | o pprecies o ccnent, g, 2eed pilabmenin o o TBRL | M0 TSI NP | proup ot men | 50048 fram bix Philadelonia sure, [Poried his week by the ot ot Wik 3y 0f $hent® s T Womeh 10| clit® eSn, "k MR AN T i PN s A oa o nppen g to Herefore, my appeal is that i | traveling with packe on their backs. | and then he adde: “We were rather | liam S. ps. el o i ce, | dWelling house construction, be pro- e a1 T e e e ] Taiaukislbroad ol surdy elde. our troublis and that we detommieeloTESt | Who convinced the consumer that If | moved by that, Mr. Babson and on| Jesse B. Lansdale purchased from e cost_of mainfenance. | poged. h the size of the building? Is it deter- | ‘Why, bless me! but the elephant .:,'n‘x'“';:lxn";a,;hs:nggnammmghw!mm Iro would Eét;:;mhthlehgez‘:lne.r:;":w% the strength of it we got together |John S. Hellmuth the nine-room brick |and “new marriages. cxhausted the| lno:n: Al :-lldl‘.‘. ? er; (haf 3 ; v 38 uces at local home financing compa- paediby =ho cwnathe nullins 3 I8 very like & wail” each dp something to keep ourselves and | 28onts, he could get the £00ds cheaper | our managers and we withdrew a |house at 2108 1st street northwest. 1‘:‘.‘2‘1%1“1'3'5" 'Sr‘nfé’fi'éigis in clties RS E T an omm:,,,d gm ,.‘.';,\. York or Chicago? 1s it determined by | “The decond feeling of the tusk. others‘in the path of righteousness. than if he went to the gulld and ) great cancellation which we had| H.L.Lean sold to August F.Schim-1a08% e to a former rural popula- = : 2 - Cried: ‘Ho! what have we here. As the business of the country | .| bought direct. So these men, with > {community: that people should be the decorations? No. The heat of the | 8o very round, and amooth, and sharp? the sum total of the natiore 5PV [ Jacks on thelr backs, gradually got | forwarded a few days before to the |Mack the two-story detached frame tion. s e e e room is determined by ome factor,| To me 'tia very clear 50 the etivitles of our hasiners? ol | 2 foothold. First they had a little | mills of New England. And that is|house located at 4912 Georgia avenue. No Severe Shortage. e e e i oathy namely. the character of the engineer | This wouder of an elephant - |and the siness men, | L 200 " hon " stall in the public|not all. T was talking with a rep. - 3 “ $ 5 ing in the ti 2 oL i a : T orer e | e vy e prosperity of the nation as a | *REOD. {This is'a modern home in Saul's Ad-| “But with a tightening in the times [ with home ownership. and known to A nae irionts Froin "'fiu‘,‘n’“fi:"g;' e ¥ I"aflle- are simply the sum total of the | 2IUREC ‘"d“fl““"’,’ Shey h“[”[ggreut»:fi:eln‘:r:wlehzf .‘f’r‘é‘"’g‘"r‘."'“f“'.’{‘ he ’.a,l,d dition, containing seven rooms during the past year there has been!have a broad and liberal policy in ““The third approached the animal ndustry, honesty and pury buildings. Most of the greatest mer- n of the with- | dition. X 3 ] e o ana el movementi e et and Hiberal Mol Golies on Pose of each | chants in America started out purely | drawal of our cancellation. those] William R. Shied purchased from ¢ nd a assisting the people financia; In the same way it is charaéter that | The wuiinie 1ok wiibin his hands SioHusas indlvidusle s agents of the consumer, with packs | mills had started up again’ IH Hanson a home in Park View, lo- j DACK t0 the country, because of jack |ward that end; that savings banks, determines business. These hills and| Thus boldly up he spal What Can We Do? on their backs. Haven't some of us| 8o those mills began again to pay ;cated at 432 Newton place. e :hg"z IO CTtoR! softhar 'henvhhfe ”ans‘ fire d(nauranée ompaGiek Yalleys are not developed without|‘l see.” quoth he, ‘the elephant _ Now. what can we do t Who are merchants forgotten during | wages and that money went 'out | William A. Patton prchasea from|the shortage in cities. so WAt thert should be urged to adopt a liberal gause. There is a reason for them. | & ven like & inake! keep business good> © make and | the past few vears that we are simply | throughout New England. Soon that | Benjamin C. Stine the two-story de- |0, "\ dgment at the present time D o o e et ut these things that we have been |.. irst, those of us the Agents of the consumer? Instead i money enabled peoble to again buy |tached frame house at 406 Tulip ave- | UL, vevi >ssibly i “The fourth reached out his eager hand » those of us who are wage work- v i ‘This fall, however, may possibly ings of good design, planning and taught as the reason—bank clearin = A. k- | of° simply serving the consumer,!and once more the wheels of indus. |nue, Takoma Park, Md. ; < ign, and what not—are not the reason for | In very piain.’ quoth he of all prosperity. Labor Ia the basi g | fumer? And as the people bought, they did | Francis X. Higdon premig-s 2611|509 00 BOONIE 108 (0% 0N eleasea | that national banks, through their business, byt simply reactions and in- | * "Tis clear enough the elephant alt-wealth, but that very fact oucoi8 Of | Some jobbers have been gouging us.|not limit their purchases to goods|Evarts street morthwest. This is a| o 15 fhel demand.| Wi entimuted o O i dicators of business. Is very like & tree!” = "y fact puts a re- | too. He has forgotten what function | made in New England. . No: et d e ponwes. I {to supply the nd. { stitutions have diverted funds which ica sponsibility of great importance h 1 it N the vervild na consisting | that it will take five years more 10| would otherwim be available, Character Controls. ““The fifth, who chanced to touch the e $ T who h‘ . t0 keep thelr eyes on the ;3::5: g;mhl;oe:}:gnc.end };le‘;ce":o'?::;gl‘n:n.;o(géctr‘::twv:fl;l';gncllefls‘:gfi fillr;gvleol: 5“&!’}‘:%“?,‘.’:“"' and has 2| relieve the housing shortage, With|least in part. for mortgages, | " r of service, ¢ ! T tety M 3 y @ Susiness 8 good or bad. according to | o Sakd: "Eien the lindest man Scifion aima " 1 nOt get digtracted by | make good in business and to make | in' Philadelphia recelved its share of | Edward A. Norris sold to Mrs. Julia | the flow of money usual before the sHoNI NPt S D SIbe Al oY {ho character of the people; the charac- | 815" (e fact who can, i Then, those of us who ar | business good, we must be honest a8 | the new patronage and again enjoyed | F. Keith the two-story brick house, | “2™ O DN b oo, e oV haers. the character of the | rais marvel of an efephant have a duty to perform alse.. 1t 10 oLers | Wage workers as employers, a8 mer- | good business. 711 14th street southeast. Must Fix Rent Level. e e s e e et aaY ot O e, mer- | 1s very like & faal’ us to be honest as well as the wanc | Shanty .fi‘m’&bhfi."bur A ealinee ote ASu turEithe wh]bel of prosperity. | Mrs. Hazel A. Snyder sold to Richard{ “Until the rent level is fixed at a[puence in the relief of the housing A . 0 workers. Ts it hone: n = 8 one suffers. all suffer: as one|L. Giss the two-story detached frame!r . the erection of low-priced 3 - e ikt L tun tane oo of el [ s me secmer. Radiberun plants down, prefending 1o 19, ose our | with another, We must start right | brospers. all prosper. To make pros. {house at 714 Lawrence street north- :’:L"s‘e:‘“fi'l; e e Asks Uniform Ordinamces. dellu”'.l\ke the cycle beginning in the n;;"v‘hlllnx"a‘:'m;‘mm‘ tanl :fir{hf“&;{";m‘“t‘;“ in at once to hirel|buying and selling. Those who are g:,’l‘,‘ylhl;";';i"g:"‘“fi:w ‘;rfm:‘: ';‘:l:é o ;ft:;-}::x? :::-‘hdee'lgcrr?é“?ig)fl:‘" S e "1;1;:,1“ aia .1’:: l:’lg!rt;s(‘pm l:l::n;;;z vear s o e n,_his scope. T the men we : consider not on v 5 € r 28 fun b rces e e M e L1 eBUBl- | T see." Guoth he. “the elephint from the front door?” No. The men wn | Dun's, ratinge and_ Bradstrest's rat | als s. Alice B. Laning purchased from | taxes, insurance. Tepairs, mans 25 a legitimate effort 1o stabilize co Tad great prosperity in 1910 then a th | 1° Ve like & ‘Tope! work are inteliigent; they nce | e, byt alge God's ratings. | We have gone far enough in our | William S. Phillips premises 57 Todd | ment. services, depreciation and of ATl irass honsing - middie of 1910 that prosperity wontity - e able when they have confidence ,:““’:’:’. ecently 1 was speaking in Phila- | an: is of prosperity to see that it|place northeast. This is one of t%e]lescence, little relief may be expected | That an amendment to the revenue o heag 2910 (thal Brosperity wont (o | “And o these mea of Indostan employers. If 0. {5 it not up to the em. | delphia to a group of business men | COMes and goes in accorq with the houses recently in the erection of one and two-fam- act of 1918, limiting the taxation of extravagance, ineffiefency, Indlfleunc: Esch in his own wm'm" plovers to be honest with their 'e:n. along these lines. The next morning | favorable or unfavorable action of | Phillips in High View tily dwellings. built for investment. | profits from the =ale of capital assets ubrighteousness, and those factors de- | EXceeding stiff and stron, workers, to tell them the truth, ‘m‘f.‘; 1 received a message from the head | men and women as individuals. Neither is a man likely to build, even by providing for their taxation as of veloping in 1910-11 and 12 laid the foun- | Though esell was partly in th then ask them to help In bringing about | Of & large wholesale house there sa. Hence the succeeding articles in with the strong desite in his heart for | the payers of accrual, rather than as dation that caused the period of depres-| A0d all of them were wron the readjustment? |ing that he thought I was right and, | this series will not have to do with see them. the principles that each|a home. while the rent level is lower|of the vear of their sale. be proposed. sion that followed. All these men were honest, but all Agents of the Co; | on the strength of the talk, had with- | “economics or of us shuuld follow, and the things | than the costs of maintaining his own| That an amendment (o the revnue Then a6 e pot 5t tho! pesiod 67 de el ihese) meri| wate' honeat, ‘but oA nsumer. {drawn a large cancellation of goods that each of us should do. investment in a home would be, orlact of 1918 limiting the surtax upon pression, le n came to thelr |age -business man, when 1t comes to|wage wni?er:man'ghi';?nf:" besides | which he had sent to a Rochester, | cepts. Making prosperity permanent| (Copsright. 1021 Fleming H. Revell Com.|with restrict e legislation. saved income to an amount mot in senses and in the latter part of that |fundamentals, is as blipd as a bat. Why? | have a’responsibilit: yers. who | . 8 a problem to be solved by indi-|pany. First published in this newspaper by It therafore, apparent that re. per cent of such income Y. There are the | time 1 spoke to the busin 1 intena to set forth T arrangement with Assoctated Editors, Ch lief must come through the erec - Woodley Park - (Overlooking the City) Houses for Sale at ill- - Interest Every Buyer Priced at the right figures and in highly desirable locations, these houses will find ready buyers. Kalorama Rd.—$15500 | Near 18th and Lamont— This is a 12-room and 2-bath residence, | sls,soo with hog-water heat, gas, two sleepin; - . 2 porches. Lot 26x130 to alley. Pricepreg— Eight rooms, two outside baths, elec- tric light; hot-water heat and every i duced because owner must sell. | : : r modern convenience. This house is lo- Chevy Chue, D. C. slo’om cated on good lot, with paved .alley at % IN : MICHIGAN PARK o 12th and Michigan Ave. ~. .~ Over fifty sold before completion. % "Homes in town with ground all around for less than houses in a row. Bu.ng.alows. Houses. Lots, 75 Feet Front. Prices, $7,500, $8,450, $9,250, $10,200 10 Per Cent Cash, Then Less Than Rent "_I'ake 11th or F or North Capitol street cars marked “Brook- land” to end of route, or call Main 6935, after 5:30 North 5251. MIDDAUGH & SHANNON, INC. W, 7 . W MY % % Tenth Floor, Woodward o side and rear. It is well built and in fine [ Since 1890—No Place Like gflfjfiv‘-‘ ;32:11‘1 «l)’-ns“. b, X‘C".V q:fil?m; }ZIOUSC Df.7 rm_)mssnd 2 condition, being almost new. It has a i aths, with finished room 1n attic.+ Vapor built-i age and other features not \ BE==_0——=HI=———=———=JBI———]J0 |\| heat, clectric lights, metal weather strip- | ysually faund in houses at this price. § [S) ping. In good section west of Conncti- - :\§ : cut avenue. Very reasonable terms. Near 16th and Col. Rd.— § ver 70w Warder St.—$7,750 $9,000 \ . | R Nice 6-room-and-bath tapestry brick Eig!u: rcmmds and bza\tl:l’ hpt-water heat, N of the Nev ilt 1 i house, with hot-water heat, electric electricity and gas. ey in rear. \ I e v.Houses built in Washington are Hatiteln seceanediin Hront S borch osiid equlpped with— 2R glassed-in upper rear porch. Here is a - Brookland Bungalow— 3 : . real bargain. ) 7.750 Window Shade r maow acaes Cleveland Park—$12,000 Just being completed on Perry street, near 12th, Brookland.* Five rooms and bath—on one floor—with large attic, which can be converted into two large rooms. Built-in breakfast alcove, with Pullman sct; fireplace, electricity, poaches and other d‘fcaturles. Yot isslalrge £ . and has commanding elevation. Sales- Ontario Rd‘ Near Euclid— man on property all day Sunday to show $8,350 ’ this highly desirable dwelling. Six-room-and-bath brick house. Fur- nace ‘heat, electricity. House in good Mt. Pleasant St.—$9,250 This home on Newark street has nine rooms and bath, sleeping porch and is close to Connecticut avenue. All modern improvements. At this figure it is wortHy of your immediate investigation. "5se The Shade Shop , Every window shade installed in the houses built by the following builders are guaranteed by us for ten years. We earnestly request the purchasers to call upon us and we will without any cost keep your window shades in repair.’ i Spring rollers and the making and hanging of window shades is 75% of the life of the shades. We use nothing New homes just completed by one of Washington’s most competent builders, for discriminating. people. : x 27th and Garfield Sts., North of Conn. Ave. Bridge ~ and one block west of Conn. Ave. To] e | 0| e 10| | B e O e [0 | = | 0] I el = N e == = 8 W. Stokes Sammons, Prop. ss0 SR " ‘Allan E. Walker & Co,, Inc. o Main 4874 B 8131 h ; S0 e dition. Sight-room-and-bath brick h lo- but the best materials and workmanship in the construc- | Son . _II:g}}t Foonlanc o Rie XS nonSe, 10, = @ tion of window shades for the following: \ L A3 cated ‘on good lot, extending to alley. Eight rooms—two baths_a.nd garage. . e : 14th Near Allison—$16,000 Hot-water heat, electric light and other Hardwood floors—house finished in mahogany and white—pith beautiful elec- L. E. Breuninger & Soms F. C. Goodnow | This new house has eight rooms and wanted features. 2 . i R. W. Corridan W lclenn Aw i tric and plumbing fixtures. J. A. Commors S i bath, lavatory, hot-water heat and elec- s i 1 nd taitsi 1 _ e bl I (Y [ tric light; instantaneous heater. It is PetWOfl_hLBungalow_ i Broad lawn and stone retaining wall. ] 3 W. T. Blfman .t DX Rmst e ML built of hol‘:ow n‘l‘e, évith (sila;e roof, ?on_ ; 3 i Sleeping porch, breakfast pofch and service porch. < I E Fe H. G. Smith; crete porches; hardwoo oors; foum & : . et i G"i"x-‘" ox s : bedrooms and éleeping porch; garage for Seven rooms and bath, hardwood floors, He Concrete covered porch, ‘_”hl‘:h afiprds home comforts in the, S i W. G Trvin §3 Shannon & Loeks i\ three cars. Large living room, across the hot-water heat, gas, electric light, open Concrete cellar under entire house, laundry trays, servants’ toilet, and cold | T A. Jameson 2. W Shadte i entire front of house, is an attractive fea- fireplace, servants’ room in. basement. | storage. 2 . . E::: ;’;' ?u:.::: s EE'"“ :".:'i ;nc::'m i \ ture. Very reasonable terms, 2 . Here is an attractive Pl’Opc.lsl ion Open Daily and' S, mday Until 9 P.M. .:"':'::u«.n.z :__ f-."'-:. L. ‘l'-l.l-::fl:q N|'. Itis a part of the service rendered by this great real estate organiza- 3 " A nmon [owenst: . . . B & Chas.'W. Walker Frank L. Hewitt RN - tion to place men at your service who know Washingten, who will show. : e i “you these or other properties, or find for you just the house you are look- ‘ “ The Shade Shop 1 N ing for. This service costs no more. i 7 A | 5th St. N.W. . . Main 426 N /