Evening Star Newspaper, May 10, 1924, Page 13

REAL ESTATE. MANUFACTURING BOOM URGED AS SAFEGUARD Babseon Says Rehabilitation of Europe Means Greater Trade Competition for U. S.—Reten- tion of Foreign Markets Demanded. BY ROGER W. BABSON. BABSON PARK., Mass, May 10.— There iy a distinctly better feeling in Europe today—better than has existed for four years. The Daw committee did a splendid piece of work and is entitled to the world's gratitude. The nations have not yet formally accepted the report, and ¥rance and Germany may hold out for minor concessions, but with all the other nationas beiind it, the pro pects are for acceptarice without important changes. The trend of France's securities indicat very clearly that she wiil co-operate Eatails Loan From United States. The adoption of the T means that the United Sta called upon to loan abroad, and indorse to tent- Germany's obligatio itself is not a bull poin to be remembered plan will set again and enable her us to a much greate present. We should ‘not. therefore, spend all our time helping to get Europe rehabilitated, our own manufacturers ge workers to suffer from this very necessary commercial and economic readjustment Imports to the United States will greatly increase and if we are not wes report will be prepared for them our own mills and | factories will be shut down corre- [ spondingly. Must Boost Production. To offset this we can increase our mass production to make up for one loss_in specialty manufacturing. Let me make this point clear. Manufacturing can be divided into two ‘main groups, viz, (1) those ar- ticles where labor is the principal factor, such as wearing apparel, hougehold furnishings, noveltie 3 is the principal factor, such as tural steel products, automobile: agricultura) implements, etc. When Europe gets settled again, we must expect to lose much of our ‘labor goods' markets. South America will again get her specialties from Gei many, France and England and we in the Unitéd States will likew im- port very heavily of such specialties ‘We, however, should retain our mar- kets for standard high capital cost products. The United States and Can- ada should retain control of the man- ufacture of such goods. We should not only supply our own needs, but thogse of Europe, South America and China as well. We should be willing 1o lose some of our specialty busi- ness; but mass production we should push harder than ever and not vieid | on it one inch to any other nation Possibilities in China. t to any extent can ‘Japan, a ecoming manufacturing nation, be considered as a permanent customer. Japan comes to us only when she is obliged to. China, on th as a sourcesof raw materials and a tremendous market for manufactured goods, has great potential possibili- ties and a loss of good will would, from a purely economic point of be more serious. Incidentall is but another illustration o my statement of some weeks ago, that there is grave danger of ser ous conflicting interests developing between the Pacific coast states and the eastern states. This ‘spread of interests’ applies also to the Canadian provinces. The eastern senators and representatives voting for this bill |cutor, se seem to be thoroughly cognizant of sums | leave | other hand, | | lation has been defensive, rather than onstructive. We raise the tariff on wheat to Keep out the foreign prod- uct and do nothing to sell more goods abroad. We increase immigration re- tions to keep out labor, and do nothing to increase the efciency of our workers here at home. We make | it casier for our farmers to get deep- ler into debt and do nothing to show them the way out. Today American and Canadian business is running on momentum. Every ome wants, to |ride in autos and no ong wants to | work. Some aggressive teps must be taken at once ore iness will xradually but surely declike. Already the Babsonchart reflecti general busine: activity has dropped from G per cent above normal in_February to S per cent below normal at pres- {e The most far-reaching benefit, just now, would result fnomy a strong constructive campaign to secure and hold the world's mass productive business, both domestic and foreign.” CATHEDRAL LIBRARY EXCAVATIONS BEGUN | Will Be One of Principal Buildings | Near Cathedral at Mount | St. Alban. Excavation was begun this week for the foundations of the great theo- logical library of the National Cathe- dral at Mount St. Alban. Only the Mary Jesup Blair memorial section will be built at this time. This wing of the libra is the gift of Mrs. Vio- let Blair Jannin, 12 Lafayette square. On the ground floor will be housed the 25:000 volumes now owned by the cathedral. The main floor will consist of a reading room of generous di- mensions, which will eventually over- look the cathedral garden. The library is being erected east of the cathedral. When finished it will contain 300,000 volumes and will be cne of the centers of the educational | program of the national cathedral. In the Blair memorial room will hang the portrait of George Wash- ington recently presented to the cathedral by John Jay Chapman, and which now hangs in the Corcoran Art sallery. It is expected that the contract for the mext big building operation on the cathedral proper will be signed rext week by Bishop Freeman. This will_include @ transept and two bays of the nave and will cost approxi- mately $450,000. The portions of the cathedral which will be included in | this contract will be the crypts be- neath the choir, as well as the crypts beneath the crossing and transepts, extending as far as the second bay of the nave west of the crossing. The height of th construction will be from the level of the recently co pieted foundations up to the main floor levels of the choir, crossing, transep! d nave Land Fraud Probe Delayed. At the request of Senator Heflin, Democ: Alabama, committee prose- fions of the iSenate com- mittee investigating Texa: land fraud charges have been postponed IXTEENTH TREET PARK = In the Chosen Line of Containing One M High-Class Development illion Square Feet . Fronting on 16th and 14th Streets and Over- looking Rock Creek Park From High Elevation THl\' beautiful property is now being graded, both streets and building sites, accordin g to a definite plan to enhance its natural beauty and when completed will present a series of gently sloping lawns and graceful terraces. | B keeping with its physical development, proper building re* strictions have been imposed to assure a high standard of construction from an architectural standpoint. YOU can purchase yotr home site here on reasonable terms and at a price which is ce near future. Drive out 16th Street to rtain to advance rapidly in the Alaska Avenue, then four blocks north on 14th Street to office on property. Edson W. Briggs, Owner 1108 16th Street N.W. A *Main 5974 = o= OUR TWO-STORY HOMES AND BUNGALOWS Picture Does*Not Do Justice. This Picture Will Give You Some Idea of Cur Attractive Homes These houses are distinctive in_design both interior and exterior and have 6 and 7 rooms and tiled living room with open fireplace an the most attractive features of these homes. material and workmanship will sal bath with built-in tub. The large d handsome brick mantel is one of Beautiful oak floors. The it the most fastidious. The houses are heated by hot water and have unusually attractive lighting fix- tures and wall decoration. These houses were built by day labor and will stand the closest inspection. The Prices Range From $8,500 to $11,500 ' Will Sell on ALL INTEREST Easy Terms AT 6 PER CENT O Sunday take 14th St. cars marked “Takoma Park” and get off at end of line. Walk 1 block south on Laurel Ave. from FIRE ENGINE HOUSE and turn to left, half b(‘?:;kék:r . X H. L. THORNTON, Owner and Builder Office: 6904 4th Street, Takoma Park, D. C. (Oppowite Takoma Theater). —Office Phone, Adams 3234 be of gain a of very are broken such way as by octagona procure and heavy to handle, whereas the shorter lengths So an architec and porches in such a way th: erate-sized logs can be used Logs should be time, or very ear! should not CHERRVYDALE rerd i) aapEne0 | v{‘ o 2382 iy AR v 3 A Picturesque Log Cabin for the Summer Camp at Water’s Edge or on Log cabins will always be the ideal | building for some types of summer homes to a great many peo- ple. Of this picturesque form of building is out of the question, but when at all possible to build one good policy, for a house built of logs is fairly enduring, and lends | sign and color. A log house differently from any other structure because large room without unless the walls by windows course, long W A long to lose Though the that come Population 3000 Sewerage, Gas, Electricity, Sidewalks and Improved Streets, Street Lights, Natural Shade in summer itself to harmonious de- has is not easy must place w ¢ spring before the sap rises, and allowed to dry in the sun and heavy rains of logs wit picturesque, it does not last so well as one made of peeled logs, logs have been peeled and thoroughly seasoned they should be creosote and oi the logs a house made together to form the wall should be adzed so that the joint will be tighter. Chinking should cement instead be done until are thoroughly seasoned they would pull apart chinkjng fall out. It is more economical log cabin of oné story story is needed it is gene of shingles or they are made with the logs standing upright and this is an easy LYON VILLAG | only forty-three feet decp by Mountain Path A Design That Can Be Developed as Well in Stu Clapboards, Shingles or Stone. / houses, but they do not look so well as when logs are laid horizontally. For the sake of those planning to build a summer home in turesque location already have designed this log cabin with its great living room nd porch, ideal for_summer good tim These rooks were meant for enter- taining, for that is part of the sum mer pleasure. Most summer hous are placed so that t owner enjoy good Views. Th house has been designed so that the living room has windows looking in three directions, and the porch also is ex- posed to three directions, so that it gives views in every possible direc- tion. Though this house is primarily for summer living, it is practi for winter quarters and would n the most ,delightful hunting or fishing lodge—or home for one of our sol- diers who intends taking up govern- ment Aand And, if one choose, the design can be carried out in any of the other building materials—either hollow tile and stucco, clapboards or shingles would be charming for the exterior; or, if the cabin is to be built in a locality where stone is plentiful, nothing could be more appropriate | for the exterior of such a design as this than stone We have imagined this cabin built | where the cost of land did not con- fine us to the narrow city lot and, therefore, have made it broad and low. to be surrounded by lawns and gardens. However, if one owned a lot 50 by 75 feet and really wished this design, it could easily be put on such a lot by turning .the porch toward the street, for the cabin is fect wide. If built to be set as it stands, with the wide side toward the Liberal Discount for Cash = mixty | 1 A practical and ecomomical saggestion, perchance, for an evsoldier who is taking up government lands for a hunting or fishing lodge, or.for a sum- mer clubhouse. front, a_lot should be chosen with at -foot frontage. s a_compact kitchen, with a vay into the living room, and rs in this passageway the | may be Kept. Tn order to condense thg plumbing, the bathroom is placed near the kitchen. There is a large fireplace in the living room, with a cozy seat on each side. A narrow hall leads back to the three bedrooms, one of which has the ad- vantage of the fireplace. This plan gives complete privacy for the bed- rooms, vet they are separated from the main part of the house by only FOUR-STORY APARTMENT IS SOLD FOR $85,000 The four-story apartment building | containing sixteen apartments, at nd known as the Holland, Vernon street northwest, was sold this week through the office of Raebach & Blum, according to an announcement of that firm. It was sold for J. Stein to Abrabam Gold- berg, a local investor, and the sale orice was given at $85,000. Ty thousand persons can stand at one time under the roof of aul’'s Cathedral, London. a sjngle door. The plan is ideal for thi# type. of house. In case only two bedrooms are de- sired,” the rear of the house could be much simplified by omitting ‘the hall and placing doors on each side of the living room fireplace, one opening into eack of the two bedmooms; of course, the second fireplace would have to be omitted, as the partition between the two bedrooms would come just there. Stove pipe openings into the chimney would permit the use in each bedroom of a little camp stove, which adds greatly to morning and evening comfort in the moun- ains, even in summer. The logs should be set up on a stone foundation. This will prevent them from rotting. If stone is not convenlent, cement or brick will do as well. In'any case, the logs should not rest directly on the ground. The floor of the Forch could be of cement, wood, flag stones or brick as the owner desires. Since the prices of materials and labor vary considerably in differ- ent localities, we do not attempt to give a definite estimate as to the cost of building according to this plan, but suggest that you suit your pocketbook as to the kind of materials to be used, and then copsult a local builder for detailed information as to build- ing costs. For further information as to procuring the building plans of this House Design No. 1 send a stamped and self-addressed en- velope to the Real Estate Editor, The Star. 3 (Copyright. George Matthew Adams.) SALE OF THREE HOMES BY DUNIGAN REPORTED The office of D. J. Dunigan reports the following sale: In Fourteenth Street Highlands, 5402 13th street was sold to Mrs. | Clementine Duff. In Petworth Mrs. Christine Bauer purchased 206 Webster street. Two houses in Columbia Park were sold, 5308 7th street to Frank J-| Clark and 723 Ingraham street to George H. M. Dahl. ~ Houses—$10,000 Lots as Low as $1,400 REAL_ESTATE. “ 13 HOME IN SUBURBS IS IN GREAT DEMAND Miller Real Estate Firm Also Re- ports Sales Amounting to $200,600. W. . & A. N. Miller report a very active spring market, with every in- dication of the activity increasing. and a strong demand for subugban homes. The following sales, aggregating $200,600, recent!y were closed: Charles P. Barrett purchased a six- room detached English ‘type home located at 4413 Klingle street, Wes- ley Heights. Hazel D. Wilson purchased 3825 ‘Windom street, a six-room and bath detached home in Armsleigh Park, from Harry Kite. Mark Kabik purchased 1428 35th street morthwest from Charles T. Graves. Harry Bates purchased 4351 Klingle street northwest, Wesley Heights, a six-room detached home. Charles W. Cox purchased from Robert L. Russell premises 1121 Fair- mont street northwest, a seven-room brick home. Robert L. Russell purchased 4411 Klingle street, Wesley Heights, a seven-room, detached home. John B. Densmore purchased 2513 Woodley road and Reuben C. Hay- wood, 2815 Woodley road. These homes contain seven rooms each. N. L. Sansbury represented Mr. Dens- more and Boss & Phelps Mr. Ha: wood in these sales. Charles P. L. Moran purchased 3500 Newark street, Miss Edna J. Thomas 3310 35th street and Dr. L. W. John- son 3308 35th street, three detached homes. William K. Hartung's office represented Dr. Johmson in the pur- chase of his home. Morris Sandler purchased 740 Que- bec street from A. E. Parker. This is a six-room modern home. J. O. C. Roberts purchased 3313 44th street, Wesley Heights, a de- tached six-room home. Dr. Edward J. Boe purchased 3315 44th street, Wesley Heights, a de- tached, six-room, Spanish type home. Colors Presented School. Bach of the fifteen sections of the Langley Junior High School were presented with national colors by the North Washington and the North Capitol and Eckington Citizens’ as- sociations at exercises Thursday aft- ernoon at the school. School officials, members of the two civic organiza. tions and the parent-teacher associa- tion of the school attended. Music was furnished by the McKinley High School Cadet Band. PRSI > FIRM’S SALES TOTAL $402,250 IN WEEK Hedges & Middleton Deals Indi: cate Active Real Estate Mar- ket in Capital. An active market is indicated by the report made today by the office of Hedges & Middleton, Inc., of the Tecent transfer of business, residen® tial and investment properties aggre~ Bating $402,250. The apartment building. Las nier place northwest was sold for George B. Bryan to a local investor. This building is comparatively new; of modern fireproof construction, and contains twenty-seven apartments of three, four and five rooms each. One of the new homes just com- pleted by Taylor & Hedges, 3818 Mor- rison street, Chevy Chase, was purs chased by V. L. and M. G. Donk. This house i5 completely detached and contains six rooms. No. 3820 Morri- son street, also built by Taylor & Hedges, was sold to James D. Rock. _A three-story, nine-room dwelling, 1710 17th street, was sold for Klias P. Rattal to Marcus Malakatis and George Sohos. This property is lo; cated in a fast developing business section, and it is expected that the new owners will remox it for busis ness purposes. Business Building Sold. A three-story business building, having a large storeroom on the firs¢ floor with two apartments above, o< cated at 1908 14th street northwest; was purchased by a local investor from Patrick F. Neligan. This prop- erty has a wide frontage on 14th street and the lot runs to T streef; with a forty-five-foot frontage. A building lot on Crittenden street west of 16th was sold for Mary Gresham Machen to George C. Vass. The Fillmore apartments, 1129 New Hampshire avenue northwest, was acquired by Myrtle J. Howard front Dennis McCarthy, who in turn ac- quired the three-story business build< ing, 2416 14th street northwest. Tha Fillmore is of brick construction and contains sixteen apartments of fouz and five rooms each M. Frank Ruppert sold to Georga Kogok the two-story, seven-roomi residence, 2100 New York avenug northwest, which will be held by the new owner as an investment. A two-story frame dwelling, 1134 24th street northwest, was purchased by a local investor from Lillie H: Seebold. A building fot on Fessenden place, West Chevy Chase, was sold for Ro. Meyer to M. E. Lehman. Massachusetts Park The Triangle of Increasing Values —between Connecticut Ave., Massachusetts Ave. and Woodley Road ‘(Cathedral Ave.) streets. 238 acres. Zoned or restricted against apartments, stores and Six miles of improved community houses. Over 175 homes from $15,000 to $200,000 built and under construction. Actual improvements and home values exceed $7,000,000. Wooded villa sites, lots, central and side hall homes, with lots from 50 to 115 feet front. Office, 32d and Cathedral Ave. Park (Woodley Road). Inquiries in person, telephone or letter receive intelligent answer without annoyance. No engagements made for Sundays. Middaugh & Shannon, Inc. Simce 18989—No Place Like Home: No Home Like Ours. Riggs-Semmes Bldg., Dupont Circle, Potomac 2200 Member Washington Real Estate Board. Elevation 250 Feet Above W ashington LYON & FITCH, Inc. _ Office—Wilson Blvd. and Oak St. Clarendon, Va. Open All Day Sunday, Phone Clarendon 650 Salesmen Will Call With Auto for Inspection of Property Upon Request e S =N el e e e i = = lc——lolc——lal———Jal——| [rm] WHITE HOUSE - fe———lnl——lolc—=|al—=]ol—=ldol—=lo]l——hl—=]ol——0 o] —=lale—cla| —x| .