Evening Star Newspaper, February 3, 1923, Page 15

REAL lFinance and Trade Conditions L Viewed By Roger W. Babso: ; 11 known student of b e BT s e lele. interpretiog ndustrial Every_Saturda: WELLESLEY HILLS, Mass., Febru- ary 3.—Roger W. Babson's statement 1ast week on “What's the Matter With France?” has aroused widespread com- ment and criticism. “It is all right for Babson to preach,” writes a high French official, “but 1t 1s another thing to collect the money that France must get, and get at once. Every week we are going further Into debt. Our financial con- ditlon forced us into Essen. It wasa case of sink or swim, We swam.” Mr. Babson again reitcrated his statement that the trouble with Eu- rope was primarily spiritual rather than financial. He still contends that the French tactics in the Ruhr districts are fundamentally Wrong and will complicate the problem vather than simplify it. Discussing | the actual payment of the reparations, Mr. Babson continues: “Several ways of collecting the $32,000,000,000 that Germany owes as reparations have been suggested, “The ¥French plan is being tried out at present. It promises little in the way of tangible returns. Regardless of how much the French are able to! ‘ollect at the point of the gun in the Ruhr district, the meihods' they are} amploying, if continued, are bound to incrcase hard feelings between France and Germany. They are sow- ing the seeds for another war. English Point of View. “The English view approaches the problem from another angle, but Mr Balfour's suggestion that we c¢anc one another's debts and thus reduce xreatly the German reparations is to my mind absolutely unfair. All na- tions involved. except the United States, are borrowers as well as lend- ers. The person who is borrowing much as he is lending can enter into the agreement that all should cancel his debts. He forgives a million dol lars and likewise has a_million dol- lars forgiven him. The United States, | however, is at the end of the line “Thy nations owe us $10.000.000,000 | and we owe them practically noth H The mutual cancellation of debt t a solution to the problem. T b leve that an effort toward reason. rather than force, however, is a step n the right direction. “*One of the most feasible solutions suggested so far is that proposed by V. Barron, owner of the Wall Strect | and Boston and Philadclphia s Bureau. He suggests that a re- ceiver be appointed for Germany and that the matter be hand! ave a i . rather than = | ts and politicians, s a similar step in the right direction. Germany Wust Have Gold. tter.” continue or of these re- f view. we “1f we look Mr. Babson. “fro ceivership points . | matter to collect it, but she has no such amount on hand. Germany has only abhout $260,000.000 in gold. This means | that s method must be devised by | which Germany can get the goid which to pay the reparations a) s that if she cannot pay 1 must pay in machinery. coal and other | But taking awav | help her . &inply makes it harder for her to carn anything. It is like attaching penter’s tool kit for a debt. It makes it impe ble for him to wol or carn | anything and he never can pay up. bv if the repa HOME LANDSCAPING GANS PIRULARTY Proper Placing of Shrubbery Pre- vents Building From Look- ing Bare. American home owners are giving mors and more attention to landscap- | ing their grounds. Nowadays the man who erects a home, and even the man who burs a house already built. con- | siders the character of the site and | the landscaping possibilities with the same care that ha investigates the nlumbing and the heating arranze- ment within the dwel There are a few may be obsarved | & to give a plea he crounds, even when is not pos- =ible to employ the services of a land- scape expert. A beautifully conceived house will 1nook bare and uninviting unless it is nroperly placed in shrubbery. Tha | Youse should look as if it is built right up out of a mass of green | mlants, and this effect is obtained by placing the shrubbery in the right po- | sitlon at the base of the house. Shrub- | hery should be planted at the base in masses, the taller plants being put | «lose to the house and the wiiole mass sloping away from the building. The shrubbery should consist, as a gen- eral rule, of evergreens and flowering nlant combined, plants of the same nature being placed . together. Tt cnough evergreens are used the base of the house will be hidden in wir ter and the use of flowering plants | 2ds to the attractiveness of the place | in summer. Planting in Clamps. Plants should not be dotted about a| lawn, but should be planted in clump: Tawn spaces should be wide and open. and the mass planting of flowers and shrubbery accentuates this effect. lawn can be ruined in apnearance scattering a miscellancous collection T its face. | persons meglect their hen a few dollars’ worth of plants and seed. together with few hours each weck In Spring and summer devoted to the work. wou transform the yard into a place of heauty. Hedges are more sightly | than fences and should be used wher- aver practicable. If a fence must be used & row or border of plants should be put alongside it. Good tasté permits of a freer use of flowers and plants in_the back vard | than in the front yard. Where the premises are small there usually is no need for any plants in the front vard except at the base of the house. Vines add to the attractiveness of a | place, and_are easy to grow in nearly all soils. Unlesa the house is of stone | or brick, vines should be trained on a Trellis rather than against the house | itself, as they rot woodwork. i $100,000 Available to Buy Good 2d Trusts of 1, 2 & 3 year maturity; monthly or annual pay- ments. Private funds. ‘Herman Schmidt 729 15th Street Main 2611 s which | pian- | ESTATE: | i o0 inveviment be paid, some plan must be worked out which will enable Germany to sell more goods in England, France and the United States than she is selling today. | This suggestion, of course, raises a howl from our manufacturers and the manufacturers in all these other coun- | tries. They say that by such a plan Germany would ultimately be the win- ner rather than the loser, because she would ultimately have the trade of the world. They say that this suggested receiver for Germany, if on to his job, : would develop great foreign trade and When the receivership was discharged the German nation would still have this tremendous commercial machine. Eng- | land has thought the thing through to this point and it is this that has made her so anxious to cut down German ! reparations. . . Payments in Small Amounts. “If such a commission should be ap- | pointed and should decide what Ger- | many. can pay and will pay, the shock to our commercial and financial organi- zation could be somewhat reduced by having payments begin in small amounts and gradually increase over a period of several years, then gradually decrease again. so that the commerce of theworld and the financial machinery ! involved in" international trade could | adjust itself to the changes. ““The problem is very complex.”” con- | tinues Mr. Babson, “but it does not ap- pear hopeless. Individually we can all insfst _that it be handled by a board of commis . Wl Christian busi- r ;Hcdges & Middleton, Announcing Sales Recently Effected, Make Optimistic Prediction. for readers of [ ‘problems.. H | Residence of brick a a froptage of 100 feet on the McNeill property. pproach it with the | idea of coming to the solution that will be best for the world as a whole. interest of future peace we | loudly ny proposals o or others who a marily in getting as muc n for themselves regardles Darkest Before Dawn. I am not pessimistic about the Euro- pean tangle. 1 feel that it will work out | ady demand for all some way. Secretary Hugles is making | Property in W gton expected good start. Mr. William G. Mec- | during the remaining winte Adoo also has some sound suggestions | cording to Hedges & Middleton { In connection with the matter. firm announced transactions in vealty | who were formerly rabid on one valued at $238.400, as follows or the other are gradually Showing an | Mre. M. €. Wingficld purchased # open-mindedness o any practica i gben mindedness toward any practical| oy getached brick heme at the . 2 corner of 33th and Garfleld streets! clude that the problem is larg The good of the northwest, opposite the Episcopal United States is ultimately bound up in O NbaE e 1t is of the cente the good of the world. This applies to ontains ten rooms, four nee as well as to Gern to Eng- d to the | pathe, hardwood floors throughout i and 4 garage to match the hous | United States most of all. From those who have most the most is expected. Fireproof Apartment Sold. A ncw fireproof apartment build atistics show that the world war '¢ ubon us because man's intelicc:yal powers had increased S0 much faster | i ap o during the last Afty vears than his 1930 Chapin spiritual powers, Our system of con- sold for Harry Br ol was out_of equilibrium. The - vieve J. Wilson condition still exists, and before consideration & financial problems of liurope and two-bath brick dwelling corrected the spiritual condition ‘comont | avenue | morthwe Chupin street buildi partme cach and of the st classes of nd as well as to Franc street northwest, W ove to Mrs. Gene who gave part | modern nine-room 'pe must be improved.” foreign exchange onal barometers st in_Europe. before dawn it Lowest in Price---Highest in Value $7,950 Small Cash 517 Longfellow Paymeflt Sample House Balance Like Rent The Homes contain six large rooms, tile bath, hard- wood floors, double back porches, colonial concrete front porch, laundry tubs and built-in garage—and are on a high elevation and paved street. An early inspection is important, as these are extra values and will sell without del To See These Homes Take 14th Street car marked “Takoma” and get off at Kennedy and 5th; walk one block north to homes; or Georgia Avenuc car, and get off 'at Kennedy and Georgia Avenue and walk three blocks east. MORRIS CAFRITZ CO 913 15th St. Phone M. 617 In Woodley Park FFERING an unusual op- portunity to the discrimi- nating home-seeker who de- mands the utmost in construc- tion, convenience and refine- ment, yet at a moderate price with convenient terms. These delightful homes are located in the most desirable section of Woodley Park—just over the bridge on Connecticut Avenue—a neighborhood that i< making great strides in high- class development and where present buyers will profit by steadily increasing values. Go out today and give these homes a critical inspection-— compare the price and value— then consider our “less than rent” terms. Surely you will agree that this is an unusual op- portunity to buy the home you want R Our model furnished home at 2822 Connecticut Ave- nue is open daily from 9:30 until 5:30. Come in—rest a while—and inspect it through- out. “Not a loss to a buyer since 1899” Middaugh & Shannon Incorporated Woodward Bldg., 15th & H Sts. Main 6935 THE EVENING STAR,” WASHINGTON, .D. .C, NEW. HOME FOR MR. AND MRS. A. H. McNEILL." tile heing ere iarfield ~treet pleted homes af Representative Madden of Ilinois SATURDAY, nd Mrx, A, H. McNelll, street and Cleveland avenue. The lot adjoining the Newly e 3 and other perso and two baths, in Bernard closed bry and a garage A three-stol Cathedral for . irke a Leonard Duvall a rd street northwest. has mnine rooms, wkfast and sleeping porches Edward S. 1463 Har colonial he 2710 | house northwest, was sold to J. Thomas ur wide s three baths pure colo has ten rooms with every modern improvement detach 313 V reet northwest gerton to Miss The house is of ho! nry-fi feet was sold for J rooms, o and » ck mar ow tile HEADQUARTERS All types of Asphalt Shingles and Prepared Roofings One Square or a Carload High Quality, Prompt Service Low Prices Main 7223. Allied Asphalt Products Corp. 813 Southern Building Regional Distributors for Keystone Roofing Mfg. Co. York, Pa. LANHAM & HILL APARTMENTS AND INVESTMENTS $200,000 $150,000 New. modern. fireproof] Large frontage. with apartment on 16th St iith, Rents, $26,200 $175,000 Downtown apartment taining 43 apartments, proof construction. Rents, $24,720 $145,000 Splendid fireproof downtown) ipartment, apartments of| 1 and 5 rooms and bath Rents, $18,400 $70,000 ave. and N 1ding, contains soutl $90,000 14th street near frontage, substantial brick building. Rent, $7,200 $35,000 new leased con fire- 2 - story to one| ally business bldg., tenant Rent, $3,000 year , 12th St. Near Eye Good frontage. where values are increasing rapidly Speculative i & HILL Realtors E. LODGE HILL Main 366 Near Conn reproof b artments. Rents, $10,000 LANHAM WM. H. LANHAM 1400 H St. One of Our Unusually Designed Homes Allison St--Just West of 16th St. In the Best Location in Washington Visit Our House, 1007 Allison St. N.W. Thg entrance at thé side of the house permits a center -hall plan with a very spacious living room with open fireplace on onc side and ‘a beautiful dining room and breakfast room on the other side. There are five bedrooms, including a large siceping room, baths, servants room, brick garage, oak floors, automatic water heater, linoleum on kitchen floor, etc. Convenient Terms Arranged Open for Your Inspection Every Day and Evening Until 9 P.M. L. E. Breuninger & Sons Phone Main 6140 706 Colorado Bldg. > RDAY, FEBRUARY % of prominence are within half a square of consiruc- e 3, -1923. JREAL-ESTATE. tion, with cement finish, eight rooms and bath. Premises 1342-1344 Union street southwest | was transferred to Mr. Edgerton as| part conslderation. i Home on Kenyon Street. A semi-detached, center-hall Lrick residence, 1546 Kenyon northwest, was purchased by John B. \ Marr from Charles Drayton. It modern and contains eight rooms, two baths and extra lavatory A two-story buildin, room and living quarters S street northwest, was L. Neuhauser. The offic arr Cochran represented the purchaser ‘ A three-story, nine-room dwelling. and has street northwest, purchased by J. A. Edgerton Miss Evelyn E. Nash. Mrs. Eleanor L. Nyman purchas three-story brick dwelling, 21 street northwest, from Sophie plan, | Middleton and Roger O'Donnell. street |Property is located in the first com- | mercial zone. the George M. Dixon sold his home, 441 is4th street northeast. to Leonardo lard Hotel tonight in Capons. This a six-room brick |Preme Knight Flaherty |awelling, with ctrie lights, fur-|Knights of Columbus has bee Giheet hilla arase voned for the present on {indisposition of the guest of ho | As a result of the cancellatior vesterday chalr, was |1521 Lamont | from | d | Knights 2 i | elle This | of Columbus banquet scheduled for the of an- v lor for | to vear |m town sent w out Darr worgen's b will be white. and two baths, | Grant Circle o e at ! g : s Varnum St. Don’t Fail to Inspect THESE New Petworth Homes They Are Exceptional Values 4th and Varnum Sts. Just off of Grant Circle Large six-room house at a small house price. with and without two-car bric ges. Don’t fail to inspect them today or Sunday. Open and lighted until 9 P Circle and Varnum street, or 9th street car marked “Soldiers’ Home"” to 4th street northwest. These homes are the talk of thic It would be advisable to see them at once, as they are nearly all sold. D. J. DUNIGAN 1321 New York Ave. Phone Main 1267 Take 16th street bus to Grant town. Initial Showing of These New Walker Homes in Chevy Chase Tt is with pride in achievement we present these characterful, complete homes to the discriminating public of the National Capital—in exclusive. lovely Chevy Chase. The prospective purchaser of a fine home in Chevy Chase is offered a range of three distinct types in this new operation. LOCATION-- These new homes are located on Jenifer St. and 41st St.. a scc tion desirable from cvery standpoint, and close to the highest point in the District of Columbia. The lots are large, all on grade and several of the houses have built-in garages. Northeast Corner 41st and Jenifer Sts. A Partial Deseription The corner house is built of famous Bethesda Blue Granite, the others are of different types of best frame construction. They contain seven rooms. one or two baths, tiled lavatory, hardwood floors throughout, large granite fireplaces, many built-in features, room-size living porches; extra size closets with lights—in fact, every fine appointment of the modern residential estah- lishment. Member Washington Real Estate Board 813 15th St. N.W. Main 2430 Plans DINNER IS POSTPONED. to | Hovor Flaherty Delayed by Illness. Announcement has been made tha Wi honor of & w axcordi l s