Evening Star Newspaper, November 21, 1931, Page 21

HOOVER BANK PLAN ON REALTY LAUDED Mortgage Discount Proposal Is Praised by President of Board Association. The Mortgage Bank of Discount pro- posed recently by President Hoover is “the greatest thing that has ever hap- pened in the real estate fleld, the greatest impetus home-owning has ever had,” in the opinion of Harry S. Kissell, president of the National As- sociation of Real Estate Boards Mr. Kissell and members of his national Executive Committee this week came to Washington to seek bipartisan support for the Hoover plan among members of Congress. Recently the board of directors of the national body. which last May at the national realtor convention was authorized to make a study of a pro- posed mortgage discount banking s tem, recommended to President Hoo creation of such a plan. Praising the Hoover plan, Mr. Kissell this week declared, in part “The mortgage bank proposed by Mr. Hoover will permit the easy exchange of residential mortgages between Ameri- can cities and States so that home financing money can be sent where it is needed. The capital funds of the bank will provide a permanent fund not now in existence for this field and T 1 THIRTY-EIGHTH INSTALLMENT. OING into The Nook, Cathleen found, was like going home. | Her fingers itched to rear- | | \_s# range the flowers in the tiny | vases. The girl who had | taken her Flu:! had no eye for color. Mrs. Hall wanted to hear all about her work with Drew & Co. ! “I'm so glad you like it there,” she | said, when Cathleen told her that the job promised well. “The secret of doing | a thing well is in liking to do it. That's | what I've always said about Kenneth. He's bound to write something big be- cause writing is the only thing he gets any joy out of doing. He's not home from the yachting party yet. But I| suppose you know that.” Have you heard if he's coming home tonight? | “No,” Cathleen said, and was at & | loss to go on. Mrs. Hall evidently still thought that she and Kenneth were engaged or at least had an undn-} standing. | “My boy is so careless.” It was a | mother’s tender little apology. ‘“H doesn’t mean to be. It's just his way. “Ken Hall asked me to marry him. Cathleen told Julix when Mrs. Hall had | left_them. . “Did you accept him?” | “He doesn’t even pay for himself. I wouldn't put the extra burden on his mother. you—love him?” ¢ “No. We've been good comrades. His writing interests me.” | “I'm glad you passed him up. He THE EVENING STAR WASHINGTON, De: € SATURDAY, NOVEMBER 21, 1931 it, is worth a whole lot more than any other money When they turned into her street, | Cathleen saw that Neil Neflsen's car | s standing before the arch. She would have slid past and Julia’s studio had she not caught sight of Danny through the passage' “My brother Danny is calling” aid to Julia. “The car belongs to & triend of his. Come on in, Julia. I want you to meet Danny.” “'Lo, old thing.” Danny caught Cathleen and ruffied her hair into a riot of chestnut curls. “How's tricks? “Grand, now that you're here. Gt it's good to see you, Danny “You, too. I brought Neil. Thought you might step out with us.” Neil Nellsen, Il at ease in the back- ground, overcame his embarrassment sufficiently to add: “We flattered ourselve: “Julla—Miss Craig— Carroll, and Mr. Neilson “Perhaps Miss Craig will join us? Danny suggested. Cathleen sald, “Wait a minute. I must Tun up and see if the Prince of Wales has cabled me” She wanted time to consider Danny's invitation. u might Dan brother, | “Taking thé steps to her room under | the eaves two at a time, Cathleen was thinking: “If I refuse to go with Danny he'll be annoyed. He'll go away resent- | T've got to get his confidence. I prove to him I'm a good pal. even If he's with me to- be—where he T'll have to stand for ful. mus if I am his sister. night he will houldn’t be. not the bonds of the bank, in quick time, be a failure unless he works a radicat nej) to get Danny.” will become a popular American invest- ment. “If Congress makes this new system possible, home-owning will be stimu- lated enormously and many people who would never have undertaken home- owning at all will be given the confi- dence to do so. Labor and all allied trades will benefit in the resumption of residential construction which will :;;l‘v” the completion of such a sys- BUILDING LEAGUE ASSETS INCREASE Total of Maryland Associations $181,401 Greater Than for Last Year, Records Reveal. Bpecial Dispatch to The Star. BALTIMORE, November 21.—Assets of the Maryland League of Building Associations increased $181,401 during ‘The league, which held a one-da convention here this week, has 137 ai filial associations, an increase of ago. ‘Total of the 137 associations are $80,534,249. During the year the surplus of the member associations has risen from $3,328,939 to $3,448,647, an increase of $119.708. Speakers and their subjects were: Webster Bell, president of the Park Bank, “Borrowing Funds From Banks;" Maurice E. Skinner, attorney, an Outlet for Surplus Capital. ter S. Pratt, Washington, “Co-opera- tion Between Banks and the Building and Loan;” Judge Charles E. Moylan, Appeal Tax Court, “Faith in the Fu- ture;” Robert Biggs and Frank Merriken, “More Light on the tion of Building and Loan Legisla- tion.” SUES CAB CO Sum Asked for Injuries Received in Collision. Allen A. Weathersby, 912 Maryland avenue northeast, filed suit in District Supreme Court yesterday asking $10,- 000 damages from the Independent Taxi Owners' Association, Charles G. Knuc- | kles, 106 E street, one of its drivers, and Norman Harris, trading as the Try Me Cab Co., 761 Fairmont street. ‘Weathersby said he was seriously in- jured September 2 when, while a pas- senger in Knuckles' car, it collided with a Try Me cab at Pirst and E streets. He“is represented by Attorney Vivian O. Hil FOR $10,000 change in hiTself.” “What makes you think so?” | “He's too selfish—and too conceited. Thinks he’s the center of the universe.’ | “He can write.\ ‘Yes. Pepper sauce. But he can’t give his readers meat to go with the | pepper sauce.” “He may find his way.” “Never—unless he changes his direc- tion. He’s headed for No Man’s Land.” | Kenneth came into The Nook before | Cathleen and Julla had finished with | their dinner. He looked fagged. But | he was full of airs, and his manner as| he greeted them was patronizing. | | “Business as usual?” He avoided | Cathleen’s eyes. | “Ag usual,” Julia answered. “Kit's a full-fledged publisher.” “We had two of them on the yacht. Corking fellows. Got to know them pretty well, nicknames and everything. | ?d':y let them look at some of my stuff | ater.” | “Darn_sporting of you I'd sey.”| Julia's lips were guileless, but her eyes | told_another story. | “Of course, Drew & Co. have the first chance. By the way, Kit, that's where | you're doing the daily dozen, isn't it2" |” “The very place,” Cathleen said. 'm twelfth assistant file clerk.” Kenneth looked at her with an odd expression. ‘Sounds a long way off,” he said. 1t is. But & good plodder can cut down the distance. “Like to take you girls on a spree to- | night, but I can't make it. Got a important date with Gil Graber.” | Julia feigned distress. “Too bad” | she sighed. “We were counting on ‘Some other time.” Darn it! Cath- leen’s studied indifference made a fel- low feel guilty as the deuce. She prob- ably.expected him to say someth! now that he’d made his ‘mark. Well, h wasn't going to be hurried. She'd had her chance. Wouldn't take him when he was still struggling. Now she could wal T've been looking into some bu: ness schools that give night courses, Julia said as she and Cathleen saunter- “You weren't going - particular then. It will be different with an objective. Besides, you'll have to pay for this knowledge out of your own pocket. I've discovered that one’s |own money, especially when one earns on Display Here 4100 Georgia Ave. AD-0I45 She came back down to the courtyard with the lament that the Prince of Wales was neglecting her shamefully. “I don't give that. though," she Jaughed, snapping her fingers, “so long as you give me a twirl, Dan You'll come?” He was visibly re- lieved. e “Anywhere you sav. Won't we, Julie?” The request was a plea. Julla sensed at once that it was more than an idle invitation. “Indeed we will." . “May Dan sit in the rumble with me?” Cathleen asked Neil. “I want to give him an earful. Family stuff.” “Aw, Kit,” Danny protested. “There's no average in a fellow sitting with his sister.” “You've got to bear it,” Cathleen sympathized, “this once.” “Give the little girl a great big hand." Neil said to Dan. He knew there would be the drive back from wherever they went and he would have a chance, in the meantime, to prove to Cathleen that he could be as sober-serious as any young man she knew. Including that big bag of wind, Ken Hall. (To be continued.) NORTHEAST CITIZENS sion of Park and Planning Commission. Fifty delegates representing the Northeast section appeared before the National Capital Park and Planning Commission yesterday to appeal for a new ?lnmund a city block in area, and for numerous small playgrounds adjacent to schools for children. The commission requested that the organization, known as the Northeast Playground Committee, appoint a sub- committee of three members to confer at a later date with commission repre- sentatives. Evan H. Tucker, president of the Northeast Citizens' Association, outlined the playground needs of the community. The commission was told there were 544 accidents to children in the finth precinct during the past year, including 83 serious injuries, one of them fatal. A truly great value is offered tion, slate roof. a large lot with ASK FOR PLAYGROUNDS | 50 Delegates Appear Before Ses- | & too strongly that you make a personal inspection. PLANTING BOOSTS PROPERTY VALUES |Increase of 35 Per Cent Re- ported in Landsscape Sur- vey by Hoover Group. Wise planting has increased the value | of residential property as much as 35 per cent, according to evidence col- lected by the Committee on Landscape Planning and Planting of the Presi- dent’s Conference on Home Building and Home Ownership. The cost of planting, the evidence shows, is sometimes as small as one- fifth of the increase in value. | _The collection of data on the eco- | nomic value of landscape planning and | planting has been incidental in the |analysis of the committee of problems | encountered by the homemaker of | modest means in planning and plant- ing his home grounds. It was done to | show that failure to plant the grounds |about a home is an ‘“extravagance” nd that good results can be obtained t a cost s0o low as to be within the means of any one who can afford & | home. | 'The primary purpose of the commit- tee is to show how the homemaker of | modest income can get the best re- sults from the landscaping of his prop- erty without an expenditure beyond | his means. To this end the commit- tee has formulated the general prin- ciples of landscape planning and plant- ing for small home grounds and also principles to be followed in such mat- ters as the selection and plan of the house site, excavating and grading, use of fertilizers, the making of walks, paths and drives, drainage and water supply. The committee also considered the layout and planting of open spaces in residential communities, and of high- ways of all types. Extensive recommendations for the landscaping of highways of all sorts from the six-lane automobile artery to the mountain trail will be made to the conference. Footpaths for pedestrians along all the cross-country highways will be among improvements to be urged. Mrs. Junius S. Morgan, Princeton, N. J., is chairman of the committee. | D. Connor, assistant director, Better Homes in America; Miss Rose Greeley, jandscape architect; Miss Marion Hall, Miss Harlean James, executive secre- tary, American Civic Association, and Furman L. Mulford, Department of Agriculture. NINE ROOMS ALL BRICK $7,250 2328 1st St. N.W. OPEN TO INSPECT HERE'S THE OUTSTANDING VALUE in all this convenient section. The house is in first- class condition, has nine good big rooms, tile bath, oil heat and is very handy to McKinley High, Langley Junior and graded schools. Walking distance to i Gov't Printing Office, Post Office and other government depart- ments. The price has been made 8 very low for a quick sale and we 8 suigest that you see this today. Tower Bld Met. 2663 Chevy Chase, D. C. New Colowial Brick $13.450 5498 NEBRASKA AVE. N.W. in this home and we cannot urge All brick construc- a two-car garage. An outstanding Washington members are Miss Julia || CITIES OF EUROPE LEAD IN BUILDING Architect Urges U. S. Erect Institutional Structures to Revive Industry. American cities have been outstripped in housing by those of Europe since the World War, according to Louis LeBeaume of St. Louis, chairman of the Committee on Public Works of the American Institute of Architects. “That our American cities need mak- ing over almost from stem to stern is undeniable,” Mr. LaBeaume declares. “The difficulty in the realization of these plans lies, however, in the very structure of our Government, and in the perfectly understandable inertia of our_citizenship. “In European cities huge municipal projects—recreational, residential and official—have been consummated since the war. Vast housing projects in Germany, Austria, Holland and Belgium excite admiration. Deplores U. S. Inactivity. “How do these less prosperous coun- tries do these things, and why? Many of them are municipally financed, though some undoubtedly by private syndicates, or co-operative groups of | workers. The social vision, whatever the economic soundness of these enter- prises may be, can only excite our admiration. “Our failure to do equally well must only contribute to our chagrin. What then can be done at the moment to make America a happier place for architects, no less than for all the ele- ments of the building industry, and for our citizenship at large? Urges More U. S. Building. “On every hand we hear the state- ment that the country is overbuilt. No more factories, no more office buildings, | no more Spartment houses are needed, or will be needed in the near future. “If this is so, it would seem that any revival of the bull industry, entaill from a program of building of a non- revenue producing n-mu." heading we naturally think of of institutional buildings — colleges, schools, hospitals, sanitariums, munici- pal, State and Federal structures. ““The present Federal building pro- gram is insighificant in volume, and the present state of the Federal Treasury might seem to discourage fur- ther large expenditures, but man: sound economists hold that great pub- lic building programs by the Federal, State and municipal governments, as well as increased institutional pro- grams, will more than repay for them- selves in the rellef of unemployment and the stimulation of business activity.” THIRD U. S. SAILOR KILLED BY RABIES Naval Board to Probe Doctors’ Failure to Check Disease After Dog Bit Member of Crew. ' By the Associated Press. MANILA, November 21.—Edmund Jo- seph Verbel, gunner's mate, third class, died at Canacao Hospital at the Cavite Navy base today, the third member of the crew of the United States destroyer John D. Edwards to succumb from rabies after being bitten by a pet dog. Capt. §. 8. Rodman, commander of the Navy Hospital, said 15 other victims of the dog were out of danger. The men, all members of the John D. Edwards crew, were bitten by the dog at Chefoo, China, recently. A naval board will conduct an inquiry in December to determine why none of the men was given treatment until ;e‘nahln( Manila, when the first victim ed. and two baths. 1519 K St. CHEVY CHASE, D. C. Inspect this group of new detached homes TODAY. Prices from $10,950 to $12,750 One a corner centerhall plan Colonial with six rooms AV suishedtonibwelsatsiceseliivarakions buslt-in garages, copper gutters, space-saving radiators, open freplates and built-in kitchen cabinets. Sample House, 5724 Nebraska Avenue Corner of Oliver St. Wm. H. Saunders Co., Inc. DI. 10 ] frigeration, garages, $8,950 Inspect These Homes in Marietta Park No. 5508 to 5522 Kansas Ave. N.W. Containing seven large rooms, two-tone tile baths with showers, Westinghous antenna, storage heaters, built-in “Convenient to Fort Slocum Park” Corner $11,250 FLOYD E. DAVIS COMPANY 733 12th St. N.W. NA. 0353 electric re- 5 Sold {MORTGAGE TOTALS CLIMB IN 20 CITIES Metropolitan Centers Report September Volume Gain, Bulletin States. ‘Twenty metropolitan centers through- out the country reported gains in Sep- l:;r;gr dolhrflr;o:d’ume o’.rell estate ages rec as com) figures for the previous antareldccflrdw‘u: ing to the monthly compilation of offi- cial reports by N E oh y ehon.Hunt&Co.o(' The total dollar volume from 34 urban_districts during ber was $151,875,345, as compared with $151,- 754456 for the previous month. Thirty of the districts, which also reported in 1930, showed a total dollar volume of $118,317,358 in September of this year, comparing with $152,161,525 in the same month last year. Eleven districts, however \were ahead of the same month last year, the survey pointed out. These were Brooklyn, Rochester, Richmond and White Plains, | N. Y.; Bridgeport, New Haven, Water- bury and New Britain, Conn.; Omaha, Nebr.; Kansas City, Kans., and Oak- land, Calif. Among the larger cities, Chicago, Cleveland, Buffalo, Los Angeles, M'i‘l,- waukee and Pittsburgh all showed gains over the previous month. Several other cities (with dollar volume of $1,000,000 or more) also showed increases. These included Birmingham, Kansas City, Kans; New Haven, Conn.; Omaha, Nebr., and Rochester, N. Y. Suburban development was indicated by further gains in Westchester County (White Plains), N. Y., where the Sep- tember total was above botr the pre- vious month and September, 1930. The Borough of Richmond, N. Y., showed similar gains. This attractive new Home Drive out Ave., then left Colorado Bldg. " 7-Room At the Price of a 6-Room House « r— Ideal Location Bet. 14th end 16th Sts. 1419 Spring Road N.W (ExhIbt Home) Southern e; , nice ter- race and attracti ive surr give this home an excellent : ting. It is substantially bed rooms, bath, breakfast porch and flu‘g-. ing porch. The spacious kitchen is equipped with every modern convenience. For sale on easy terms at an unusually low price. Robert W. Savage 717 Union Trust Bidg. Nat. 6799 Or Your Broker WHITTIER ST. NW. $8,450 6-Room Bungalow An attractive corner property with sleeping porch, open fire- place, metal weather strips, G ib-of-towh owher Is sacrficing ut-of-town owner this for a quick sale. Streets and alley paved. \ A Genuine Bargain Always Open for Your Inspection Phillips & Canby, Inc. | Exclusively Investment Bldg. with 6 large rooms, mod- ern throughout, located on a wide corner lot in Livingstone Heights is a wonderful purchase at the price we are able to quote. Don't fail to inspect on Sunday. Lee Highway to Glebe Road, turn right to Grant ROBERT E. HEATER DIstrict 4820 HOMES feature is the large rooms, well above the average in size. On the first floor there are entrance hall, large living room with open fire- place, dining room, breakfast room, kitchen with most modern equip- ment, including electric refrigeration. The second floor has three very large bed rooms and two tiled baths, there is a finished attic with easy stairway. OPEN DAILY AND SUNDAY TILL 9 P.M. H.G.Smithy Co. 3 Buy a Home With All Conveniences $7,650 Sample House, 1837 Bay St. S.E. B & C Sts. B.E. igh” School ST 1418 ¥ ‘i:;!! EVE ST. Salesman on Premises Daily . Until 8 P.M. DE LUXE KITCHEN Completely Equipped ‘BUILT-IN KITCHEN CABINETS STURDY FOLD-AWAY DINETTE Space for everything in buff and This view of the kitchen shows the reen bu inets. Double small sturdy fold-away dinette set which inb will comfortably seat 4 or 5 persons, and model gas range, both in har- monizing colors of buff and green. 55 sl Front a Bath—col Built-in 1 JUST COMPLETED! New Center-Hall Colonial Brick Home Chevy Chase, D. C. o leum flooring, electric clock. BUY AT YOUR OWN TERMS Steuart Brothers, Inc. Real Estate Construction 138 12th St. N.E. Waple & James, Sales Agents Wesley Heights The Garden Spot of Washington A Striking New Group of Homes 4th and FARRAGUT STS. N.W. Setting the pace in new home construction, CAFRITZ offers in this new group EXTRA VALUES, which inguish an UNUSUAL BUY. Iy variegated, tapestry brick fronts with Mansard ick e ion, wide cove: porches . . . 7 spacious, well-planned rooms, witl model kitchen in buff d green color scheme, built-in cabinets, sink with double away dinette set, Frigidaire with cold electric clock, linoleum flooring with colored tile and col nd pa rooms with large closets, extra floor plugs . . . Hardwood floors throughout, copper screens, metal w er stripping, double-floor construction + « - Red Jacket heating plant, built-in garage with “Over-the- Top” ecounter-balanced one-piece door. ZxuiBT 5002 4th Street N.W. RECREATION 3 BIG ROOM PORCHES An extra room 17x20 Covered con ft. completely finished front porch, wi Just fast di porches compl: per screened. Overthe-Top GARAGE DOOR Easy to get in_and get out, “Over-the-Top” counter - b ing door. V Charming Colonial Home 48,362 Square Feet of Ground Fronting 180 Feet on Fenwick Avenue Adjacent to East Falls Church, Va. Truly Fascinating HIS distinguished co- lonial home reflects the delightful tradition of hospitality of the South. It is but one block off Lee Highway, and convenient to both the Washington Golf and Country Club and the Army, Navy and Ma- rine Corps Country Club, Its spacious grounds with stately trees, well - kept lawns and beautiful shrub- pery provides a setting of Open for Inspection Priced Less Than $20,000 To Reach—Drive over Key Bridge, out Lee Highway toward Falls to Robert E. Lee School. Church aj ximately 4 miles ‘Turn %etfi on Fenwick Ave. (fourth street west of school) and drive one block to property. EXCLUSIVE AGENTS Mortgage Loan Correspondent, Metropolitan Life Insurance Co. unusual charm for this im- pressive home. The house is center hall plan with large living room, dining room, each with open fire- place; library, pantry and kitchen on the first floor. Kitchen is equipped with built-in tile sink, inlaid lino- leum floor and" electric range. Second floor con- tains five bed rooms and two tiled baths, 2-car ga- rage. Drive through ¥esley Heights where nature has been most generous with her HOME abundance of trees of every conceiv- Presenting the Newest Ideas and Features of Home Construction Situated on attractively landscaped corner lot, with splendid outlook along two pretty streets. Center hall, large living room with open fireplace, cement front and side porch, big, bright living room, de luxe kitchen done in green and cream, has Frigidaire and other modern equipment, furnished breakfast nook and outside pantry match the color scheme of the kitchen. Three large bed rooms, two colored tile baths with modernistic chromium fixtures, floored attic insulated with celotex, automatic gas heat, built-in garage with overhead doors. Other unusual. features. Priced lower than your own estimate on very easy terms. 5401 Nevada Ave. N.W. (Corner of Legation St.) Open every day until 9 p.m. Drive out Conn. Ave. o Legation St., turn right 2 blocks to Nevada Ave. EDW. M. WILLIS, Builder Tower Bldg. Nat’l 7479 able color and shade and among which you find distinctively designed homes, each created for its own individ- will ° ual setting. 3018 44th Place (Just South of Cathedral Ave.) « COLORED BATH Something different. Beautiful i ations. colored fixtures. Tub, shower, new-type medi- eine cabinet. Worthy of Your Inspection ¥».C X4 0. Miler BUILDERS—REALTORS 2 1119 17th St. N.W. Decatur 0610 SMALL CASH PAYMENT wax CAFRITZ * oovua,murnnunomm‘rmm"