Evening Star Newspaper, January 2, 1935, Page 3

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URGE MORE POLICE Steps to Reduce Traffic Toll Are Also Taken by Inhabitants. The Association of Oldest In- habitants yesterday took steps to help reduce the traffic toll in the District and to increase the numsber of police here. Holding its regular January 1 ses- sion at Old Union Engine House, the association adopted two resolutions: To approve the campaign of the American Automobile Association de- signed to reduce fatalities on the streets and to join a group of citizen groups asking for increased police protection. % These actions followed an address by Ernest N. Smith, executive vice president of the A. A. A, and an ap- peal by letter from the Columbia Heights Business Men's Association, which has joined several other groups in a campaign for more police. Proctor Named Delegate. Theodore W. Noyes, president of the Association of Oldest Inhabitants, who presided, appointed John Clagett Proctor, one of the delegates to the Federation of Citizens’ Associations, to represent the organization on a com- mittee seeking more police. Interest of the Oldest Inhabitants in the traffic death question was stressed by Mr. Noyes in introducing | Mr. Smith, “Everybody is concerned with the | dangers that threaten on our streets,” said Mr. Noyes. He explained there was probably no other group which had a more direct personal interest than the Oldest Inhabitants Associa- tion, and he welcomed the suggestions of the speaker as “remedies” for the situation. Mr. Proctor, reviewing 1934, em- phasized the danger from automobiles but harked back to early days in ‘Washington, when he said many per- sons were Kkilled by being kicked by horses and mules and being run over or run into by wagons and carriages. Urges Larger Lump Sum. Mr. Proctor referred to the act of President Roosevelt in asking the | Treasury on December 12 to make a tax review of several cities with a view to answering the question as to whether this city pays too much or too little taxes. That question instead should be phrased, “Does the United States pay too much or too little taxes toward the | support of the District of Columbia?” he said. “We know the answer to that ques- tion,” declared the speaker, “the United States does not pay enough.” Mr. Proctor also read an original poem on the year 1934. The associa decided to invite a speaker from the Washington Talking Book Committee to address the associ- ation at the March meeting. The Feb- ruary session will be on Washington's birthday anniversary, a patriotic cele- bration. J. F. Duhamel Recovering. It was reported that James F. Du- hamel, a vice president of the associa- tion, who was injured when struck by an automobile October 31, left the hospital December 27 and now is rap- idly recovering. Irvin S. Taylor was elected a new member. J. Eliot Wright, secretary-treasurer and chairman of the Entertainment Committee, reported on the annual banquet of the association, which had presented a powerful argument through several speakers for financial equity for Washington. Mr. Wright also an- nounced that cigars for the associa- tion’s meeting were contributed by Miss Alice D. Goddard and F. J. God- dard of Georgetown following & cus- tom of long standing in memory of their father, the late James Goddard, who was one of the early members and an officer of the association. S R BIGELOW TO SPEAK Columbia Professor to Address Social Hygiene Society. Prof. Maurice A. Bigelow, director of the School of Practical Arts, Co- lumbia University, will be the guest speaker at a luncheon meeting of the District Social Hygiene Society at noon Friday in the Admiral Hotel, Seventeenth street and Rhode Island avenue. The Committee on Arrangements is headed by Mrs. W. W. Wheeler and includes Mrs. R. Thomas West and Herbert S. Wood as_assistants. SPECIAL NOTICES. THE ANNUAL MEETING OF THE STOCK- holders of the Lincoin National Bank for the election of directors and such other busi- ness as may properly come before the meet- ing will be held at the main banking house 9 35, between 12 m. THE ANNUAL MEETING OF THE STOCK- holders of the Chas. Schneider Baking Co.. Inc., for the election of directors and other business, will be held at the office of the A .. .on Wednesday. 9, 1935, 7 p.m. ‘Transfer books ed 10 days prior to the meeting. J. A, EISENBEISS, President. B. F. ROVER. Secretary. _ THE ANNUAL MEETING OF THE STOCK: holders of the American Building Associ- ation will be held at the office of the association. Pennsylvania _avenue, southeast, on Thursday, January 3. 19 between the hours of 2 and 7 o'clock p. for the election of officers and directors for the ensuing year and for the transaction g!x suchh buslne’ss as may properly come efore the meeting. CHARLES H. KINDLE. Secretary. TWANT TO HAUL_FULL OR PART _LOAD to or from New York. Richmond. Boston, Pittsburgh and all way points: special rates. NATIONAL DELIVERY ASSN.. INt 0. 1817 Natl. 1460. Local moving also. Y. ave OFFICE OF THF, FIREMEN'S INSURANCE Company of Washington and Georgetown. venth street northwest. Washington. ‘The stockholders of the Firemen's Washington _and at the ofice on INDAY. January 7. 1935. for the purpose of electing thirteen directors for the en- suing year. Polls open from 11 am. to 12 noon. ERT W. HOWARD. Secretary. DAILY TRIPS MOVING LOADS AND art loads to and from Balto.. Phila._ and .New York. Frequent trips to other East- “Dependable Service Since 896" DAVIDSON TRANSFER & TORAGE CO.. Decatur 2500. CHAIRS FOR_RENT, SUITABLE FOR BRIDGE, PARTIES. _banquets. weddings and meetings. 10c up per day each: new <l 's. Also _invalid rolling chairs yent of sale. UNITED STATES STORAS Co., 418 10th st. n.w._MEtropolitan 1834 THE ANNUAL ING_OF THE STOCK- holders of A. S. Pratt & Sons. Inc., will be held at the offices of the company. 815 15" nw, Washington, D.C. at 11 o ‘am.. on Tuesday. January 8, 1935. o) G.'C. TRUE. Secreiary. - ANNUAL MEETING OF THE SHARE- gg}u‘ers of the Home Building Association for the election of officers and directors and such other business as may properly come before the meeting will be held Tiesday. January 8. 1935, at 7:30 p.m.. at the office of the association. 2 i Pen W. Books ‘Tow nsylvania Avenue N.W. open for subscription to shares of the fl}fl‘lh Series, Payments $1 per month per are. SUATTAMES M. WOODWARD. Secretary. I WILL NOT BE RESPONSIBLE FOR AN debts_other than my own. THOMAS, CHASE. 1338 V st. n.w. Apt. 21. 2% Y TRIPS TO AND FROM BALTI- ; also trips within 24 hours’ notice to oint in _United @tates. ¥ BFER & STORAGE CO.. North 3343. REPAIRS AND Jan. 9, will be clos for ¥ L. o ELECTRICAL 3itie Biectric Shop on Wheels, Inc., have shops all over town to serve you. See your Telephone Di- rectory for hranch nzarest you or call Wis- consin 4821. No job_too small or too iarge. —by practical roofers at_moderate cost. We'll gladly efinmm, Cnlltus up! KOONS E99FANE *Nortn dala. - - | tion of taxes are practically the same. THEODORE This is the sizth of a series of articles which present with a few omissions and;§ub- stantial additions, the address of Theodore W. Noyes on “Fiscal Equity for Washington” at the recent Oldest Inhabitants’ din- ner. Yesterday’s article discussed the elimination from all city tax comparisons of interest and debt payments and other equi=- table considerations. Why State Taxes Should Be Eliminated When City Tax Burdens Are Compared. 4. When comparing tax rates it is to be borne in mind that the total taxes in cities other than Washing- ton include State, county, school, dis- trict and city taxes. 1t is here contended for Washing- ton that all State taxes should be excluded equitably from the com- parisons of city tax burdens; that (1) taxes to be equitably compared should be paid by contributors sub- stantially in the same area, to be distributed to beneficiaries in the | same area and for the benefit of that area alone; that in the light of this principle the municipal tax and State tax are as wide apart as the poles, being separate and distinet in per- sonnel of contributors, in purpose of creation, in scope and area of dis- tribution; that (2) Washington does not “receive the same benefits” that accompany State citizenship and should not, therefore, bear the bur- dens which compensate for these benefits. Large cities dominate or include the counties containing them, and in the case of these large cities it is fair to consider county taxes as well as city taxes. Indeed, in substance they are a part of the city taxes. The taxpayers, the beneficiaries end the | area for the collection and distribu- ‘The cities having over 200,000 pop- ulation constitute so large a part of the containing county that the nom- inal county contributions end pay- ments are mainly city receipts and payments, and county taxes may in | such cases be included in the com- | parison without violating seriously the principle that in comparing the Washingtonian’s tax burden with that of the taxpayer of another city it is | fair only to compare local taxes con- | stituting a fund to which only munici- pal taxpayers contribute and which is spent exclusively in the city and | for municipal purposes. As Wide Apart as the Poles. But the municipal tax (sometimes | including the county tax) and the State tax are as wide apart as the poles, considered in the light of this principle. They are separate and dis- tinct in personnel of contributors, in purposes of creation, in scope and | area of distribution. | If the comparison, for instance, is | between Washington and Baltimore, | there should equitably be compared what Washingtonians pay for ex-| penditure in Washington and what | Baltimoreans pay for expenditure in Baltimore. What Washingtonians pay | for expenditure in Washington can- not equitably be compared with what Baltimoreans pay for expenditures in? Baltimore plus what they pay as| Marylanders for the maintenance of | a sovereign State and for expenditure in that State. One might as well inject into the comparison of city burdens a con- sideration of what the Baltimorean pays in national taxes as an Ameri- can, for expenditure on account of the United States, including Balti- more. In other words, the taxes that the Baltimorean pays as a Marylander or as an American have nothing to do with the city calculations and com- parisons. In the different cases there are not the same persons contribut- ing, not the same area within which expenditures are made and not the | same beneficiaries of these expendi- tures. Baltimore taxes are paid by Balti- | moreans only and are spent in Bal- timore only. The Marylanders who | are in Baltimore contribute State taxes in common with thousands out- | side of Baltimore to be spent, not in | Baltimore, but in all Maryland. | Washington has not the benefit of | outside contributions to a State tax in the enjoyment of which it partici- It has no State relations or | | privileges or benefits. It has been confended that the| ‘Washingtonian receives the same ben- efits through his city government alone that are enjoyed by the resi- dents of other cities through their city, county and State governments and that the Washingtonian's city tax should equal the combined city, county and State taxes of residents of other cities. No State Tax Since No State Benefits. ‘What are the benefits enjoyed by the citizen of a State which consti- tute the real consideration for the State taxes which he pays? If he lives in e large city of the State, is it the driblet of State expenditures which the counties permit to get| through to the city? No. The State tax which he pays is essential to his status as citizen of a State and to his enjoyment as such -citizen of pozliucill nn:l judicial rights of in- estimable value and of large finan- cial benefits. e ‘What comparable benefits are en- joyed by Washington? State taxes are paid that one may .enjoy with thousands outside of one’s home city the privileges and benefits of citizens of a State, including rep- resentation in Congress and the Elec- toral College and in e State Legis- lature, a recognized status in the “See Etz and See Better” ‘We prescribed and made 723 more pairs of glasses last year than we did the year before—the reason is—those we made the year before are giving satisfaction. ETZ Optomettists 1217 G St. N.W. THE EVENING STAR, WASHINGTON, D. C., WEDNESDAY, JANUARY 2, 1935. Adequate Contribution by DLOEST CHTZENS City Taxpayers to Capital’s Maintenance and Upbuilding As District Receives no State Benefits, State Taxes Should Be Eliminated in City Tax Comparisons. W. NOYES, United States Supreme Court and the financial benefits which come from enjoyment of the land grants, boun- ties, and so forth, which the Nation bas lavished upon the States. The payment of taxes as the citi- zen of a State gives the taxpayer his proportionate share in these financial benefits. The Washingtonian enjoys no part in these grants, bounties and benefits as citizen of a State, Why should he pay or have charged against him as part of his equitable tax burden the taxes which are inci- dental to the status of State citizens and which are one condition of the enjoyment of these financial benefits? The Washingtonian has none of these political or judicial rights or privileges, Why should his fair tax burden be held to include what the State citizen pays in connection with the actual enjoyment of these in- ;l‘l::\ahle rights, privileges and bene- Bears_State Burdens but No State Benefits. The proposition carries out the old idea that Washington is to be viewed as a State when burdens are imposed and not viewed as a State but for- gotten as if nonexistent when benefits or privileges or rights are to be con- ferred. The District has been pro- | nounced a State under a treaty with France—a construction conferring privileges on aliens, but not a State under the Constitution, whose peo- ple can sue, either as State citizens or as aliens, in the Federal courts. The District is a State when direct taxes are to be collected, but not a State when Representatives are ap- portioned, though the Constitution couples the two things. The District is not a State to make and carry out through a State Legislature laws for its own benefit, but it is now re- proached as a State because it escapes the tax burden incident to the exercise of this privilege of a State. The District is not to be a State to enjoy any of the political, judicial and financial benefits, privi- leges and rights of a State, but is to | be a State to the extent that the equitable tax burden of its people, in comparison with the tax burden of other Americans, must be figured to include consideration of State taxes. The District is remembered as among the States when national in- ternal revenue taxes are collected, but has been forgotten as completely as if non-existent when the Nation has distributed grants, subsidies, bounties, etc., to the value of hundreds of mil- lions of dollars to the States, though the District has contributed in na- tional taxes from which these dona- tions are paid more money than is contributed by any one of half of the States of the Union and more than 10 of the States combined. No Podsnappery. Uncle Sam as Mr. Podsnap waves the District out of remembrance and | out of existence when it is disagree- able for him to remember! Let Uncle Sam remember that the District pays into the fund from which public buildings are erected, salaries of Con- gressmen paid—and the billions of New Deal expenditures must be met— more money than any one of 24 of the States, more than 10 of the States combined and more per capita than 40 of the States. When Washington as part of a State enjoys the expenditure within it of its due share of the State fund to whic in the shape of a State tax. Of course, the main consideration for the payment of State taxes is the enjoyment of the political power and prestige involved in participation in the National Government on equal terms with other Americans. To be transformed to statehood from the status of political aliens to that ‘of full-fledged Americans, with all the powers, rights and privileges apper- taining to that status, confers a bene- fit upon the individual of a value not to be calculated in dollars and cents; and deprivation of this benefit in- volves a loss which is also incalculable. Every one, therefore, will recognize the justice of Wi n's protest against being taxed to correspond to what other cities pay to maintain a State government, since the District under the Constitution and the laws enacted by Congress is not permitted the right, privilege and benefit of en- joying and maintaining a State gov- ernment. But very few persons in the whole United States appreciate the scope of the material benefits in bounties and subsidies which attach to statehood of which Washingtonians have been wholly deprived. Our Citi- zens' Joint Committee brief in 1915 recited the millions which in the past had been distributed by the Nation among the States, omitting the Dis- trict of Columbia, But these subsidies by the Nation to the States are not confined to the past, but continue in greatly enlarged proportion in the present. The variety and vast amount of these bounties or subsidies to the States have been considered in No. 4 OLD MARINE BAND CUSTOM CONTINUED Capt. Branson and Members Serenade Gen. Russell at His Home. | | | A custom that had its origin in Civil War days was carried out again yesterday when the Marine Band, under Capt. Taylor Branson, serenaded Maj. Gen. John H. Russell, Marine commandant, at his home at the Marine Barracks, Eighth and I streets southeast. The general recalled that the cus- tom was started during the Civil War when Band Leader Scala was the chief and has continued on down | through the days when Schneider, | Sousa, Fanciulli and Santelmann | served in turn as leaders of the Marine | Band. It is being carried on by Capt. Branson each New Year day. “This custom has become a beauti- ful tradition and I heartily approve of it and hope it will continue in- definitely,” Gen. Russell told the as- sembled bandsmen. “The work of the | band during the past year has been all that any commandant could ex- pect. You have maintained glorigusly | your record as the Marine Corps | Band.” — Bishop to Confirm Class. Right Rev. James E. Freeman, Bishop | of Washington, will visit St. George's Chapel, Second and U streets, Friday at 7:30 p.m. for the purpose of con- firmation. Rev. A. A. Birch is the ! vicar. Z z e = MEN'S WEAR] Japan to Be Discreet, But Watchful of U. S. War Games. BY CONSTANTINE BROWN. ‘The Japanese press has received in- structions from the government to handle discreetly the American naval maneuvers in the Pacific. But the Japanese authorities are irked and worrled about those fleet exercises, not because the' navy has chosen the Eastern Pacific for its war game, but because of its reaction of the Japanese public opinion. The Tokio government cannot afford to protest to Washington, the American Government said nothing three years ago when, at the height of the Shanghai crisis, the Japanese navy left its bases and proceeded to an “unknown destination,” which was discovered 48 hours later to be the Western Pacific. Nor has Washington ever said anything about the war games of the Japanese navy well outside the zone of the mandated islands. But the Japanese army and navy officials have been beating the bass drum a long time about Japan's su- premacy of the Pacific. It will appear now queer to the population if nothing is said when the American fleet ven- tures to leave its territorial waters and enter what Tokio has taught them to think is the Japanese play- ground. The Japanese government will have to find some kind of ex- planation if they want to keep the belief of the people in Japan's exclu- sive right in the Pacific. * * * ¥ The decision of the Navy Depart- ment to send the fleet far out in the Pacific for its yearly war games re- calls to many observers Theodore Roosevelt’s action in 1907, when he sent the whole American Navy on a tour around the world. The rela- tions between Japan and America were more strained at that time than they are today. Roosevelt's determined gesture was considered then as having averted a serious clash between the two coun- tries. Those who were in the Far East then remember that the officers and the men of the diminutive American Far Eastern division knew that they | were expected to fight for the honor of the flag, but without hope of suc- cess, at almost any hour. Admiral Nicholson was then in command of the squadrom com- posed of a decrepit cruiser and a few destroyers and gunboats. The Japanese fleet, overwhelmingly su- perior, was waiting for the Amer- ican men-of-war, some 15 miles outside Shanghai. The commander of the British division, who just arrived from Hongkong, gave this information to Nicholson at the club in Shanghai and watched for the admiral’s reaction. Nicholson did not bat an eyelid; he merely shrugged his shoulders and ordered another round of cocktails. But some years later, to told his friends that his heart was bleeding for the ‘many young fellows in his squad- ron who, he thought, were going to an inevitadle death. The clash between the two navies never occurred and this is due partly to Roosevelt's strong policy and partly to the fact that the British foreign office put the heat on the Japanese and told Tokio that the British-Japa- nese alliance was off, if Japan made move against America. The policy of the British govern- Dobbs Hats If Youw've Resolved to Economize in’35 . . . OUR SEMI-ANNUAL CLEARANCE Affords an Excellent Opportunity to Begin Now Our Regular Stock SUITS & OVERCOATS Formerly $35 Formerly $50 Py 0 Other Reducti SUITS Were M5&%42. ... $75&%65.........5650 ions On NOwW - oo ATH Were Other Reductions On OVERCOATSN . PUSOINORE - %60 & %55. .........47%0 ow Including Jos. May «English Coats and Fruhauf Hand-Tailored Clothes. Sidney West, Inc. 14th & G Sts. Eugene C. Gott, President = HEAD OF LAUNDRY Tokio was * ¥ % ¥ ‘The si‘uation is naturally entirely different in 1935. Japan has become a world power and is trying to play & lone hand. No foreign power can in- fluence its government any longer. Japan has today the same mentality Germany had in the years 1911-14. Its people are led to believe there is a conspiracy of the white races to keep Japan down and Tokio consid- ers any nation which does not agree with its policles as a potential ag- gressor. Emperor Wilhelm told Col. House in June, 1914, that because Ger- many, @ poor nation, was by way of becoming rich, every European nation was trying to prevent it at the point of bayonmets. The Eu- ropean powers, he said, had formed a conspiracy against the Reich’s security in order to prevent it from having a place in the sun. Almost identical statements have been made on diflerent occasions by Japanese leaders and in Japanese newspapers. And it goes without saying that 95 per cent of the Japanese people believe this. The Pan-Asiatic doctrine, expressed frequently by Japanese leaders and known in this country as the Japanese Monrce Doctrine, has taken such deep roots in the minds of the Japanese people that they are ready to fight for it in the same way the Germans fought in 1914 for the Pan-Germanic idea. ‘The warlike spirit of the Japanese is being kept alive not only by sensa- tional pamphlets prepared in the of- fices of the war and navy depart- ments, but also by books and lectures of a higher caliber which appeal to the Japanese intellectuals. And in this lies the most serious danger to the American-Jananese relations. * % k% ‘The return to the throne of Austria of the young and handsome Otto of Hapsburg is & question of a few months only. Otto and his mother are lured by the glamour of a throne and a regular salary; the Austrians are lured by the well-remembered splendor of the old monarchy, and hope that the day when gorgeous uni- forms are seen again on the streets of Vienna and the old flag with the double-headed eagle flies again from the flagstaff of the Hoffburg, things may change for the better. In fact, they are receiving each other. Austria is broke, and the court of Otto will certainly lack splendor. As it is, the poor pre- tender is being kept by public charity. Society ladies in Austric are going from door to door with a tin bozr gathering contributions from 25 cents up for the upkeep of the exiled imperial family. Of course, when Otto returns to the throne he will own castles and fine tapestries and paintings. But these produce no actual income in these are not willing to buy art collections at fancy prices. A nation, practically reduced to poverty, tries to stage a comeback through a dynasty reduced to beggary. Finds 150 Jobs a Week. By means of a special drive, Mel- | bourne, Australia, is finding jobs at the rate of 150 a week for its unem- ployed boys. THE BIGGEST IN 1935 days of depression when Americans | BUSINESS DIES William F. Bergmann Ex- pires at Residence After Long lliness. [ William P. Bergmann, for many years a prominent Washington busi- ness man, died yesterday at his resi- dence, 1343 Ingraham street, after a long iliness. Mr. Bergmann was owner of the laundry and dry cleaning business bearing his name, and of the Berg- mann Laundry & Dry Cleaning plant in Rosslyn, Va. He was the son of Willilam C. Bergmann and the late Mrs. Helena Bergmann. Surviving Mr. Bergmann are hi§ widow, the former Lenora Payne, and two sons, Harry P. and William P, jr. Also surviving are his father and five sisters_and four brothers. They are | Mrs. Emma Cook, Miss Louise W. Bergmann, Mrs. Helen Obenderfer, Mrs. Ethel Foss, Mrs. William Prigg, | Franz Bergmann, Ferdinand Berg- mann, George Bergmann and Everett | A. Bergmann. Born in Washington August 10, 1890, | Mr. Bergmann had resided in the Brightwood section all his life and was known almost to everybody in the | | the past seven years. Complete funeral arrangements have not yet been made. —_— KING CAROL AFFRONTS MINISTER OF SOVIET Official Regrets Follow Incident at Opening of New Ru- manian Palace. By the Associated Press. BURCHAREST, Rumania, January 2.—King Carol celebrated the New Year yesterday by opening his new palace, and diplomats came to wish him well— all except the Soviet Minister, whose absence was conspicuous. ‘The Soviet diplomat received an in- vitation, but for 3 pm. The other diplomats had arived at noon. The ‘Kxng departed for Sinaia at 1 p.m. | Tipped by friends, the Soviet envoy | sent his chauffeur to inquire about the matter before taking the chance of finding no one at the palace. Officials regrets were quickly voiced, but diplomatic circles were agog | ‘POWER AND POLITICS’ Address to Be Given Tomorrow by Judson King. Judson King, hydroelectric power expert and managing director of the Popular Government League, will speak on “Power and Politics” at the dinner meeting at 6:30 p.m. tomor- row of the Layman's League of All Souls’ Unitarian Church in the parish hall, Fifteenth and Harvard streets. Mr. King made a recent trip into Canada to study power developments there and his address will deal largely .| with his survey. There will be a short discussion following the address, ALUMNI TO HEAR COACH Clemson College Meetings to Be Held at Kennedy-Warren. Jess Neely, foot ball coach at Clem- son College, will be the speaker at a dinner meeting of the Clemson Alumni Association of Washington today at 6:30 p.m., at the Kennedy- Warren, 3133 Connecticut avenue. Among the guests of honor will be Senator Smith and Representatives Taylor, Fulmer and Richards, all of South Carolina. President Warren R. Clardy will preside. The annual election of officers will be held. W. F. SHEA AD. 1258 neighborhood. He had been ill for N RUSH PRINTING BYRON S. ADAMS Turn your old srinkets, jewelery and watches into MONEY at A.Kahn Jne. Arthur J. Sundlun, Pres. awaiting the outcome of the incident. Senators and Congressm lems early. Pennsylvania hard coal delivered. | 811 E St. N.W. YEAR IN FIVE— A BIGGER YEAR To All Newly-Elected ingtonians for generations. and have a load promptly, carefully, courteously 42 YEARS at 935 F STREET @ en, settle your fuel prob- Order Marlow’s super-cleaned Fa- mous Reading Anthracite—the naturally superior that has warmed Wash- Call NA. 0311 today Marlow Coal Co. ‘NAtional 0311 76 Years of Good Coal Service = e e e SERSERD Our Sales of Real Estate Investment Properties in 1934 Equalled t he Total of the Three Preceding Years THE WASHINGTON real estate investment market is strengthening every week— IN 1934 OUR CASH VOLUME of sales was more than double that of any single year in the last five years. . Till 10 P. M. this month only— to permit investors, and owners of in- is for the conven- jence of those who can not come im during the day. : SIXTY PER CENT of this increased cash volume was made in the last 6 months of 1934—forty-five per cent of the total cash volum 3 months of the past year. e was made in the last THIS RAPID INCREASE indicates the trend toward accelerated real estate investment activity for 1925. property, while good income still available in good sectio THEREFORE—NOW IS THE TIME to buy investment producing property is ns of Washington. THE PREFERRED PROPERTIES, from which de- pendable incomes may be earned, are listed first with us because of our 29 years as authorities on local investment property. We would like to help you enjoy a happy New Year by including you among our prosperous clients in 1935. Sales Experts in Investment Properties for 20 Years 1505 H Street N.W. NAtional 23 45

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