Indianapolis Times, Indianapolis, Marion County, 21 September 1951 — Page 7

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For City, County

FRIDAY, SEPT. 21, 1051 ” ;

I for the low-cost:home builder.

timistic. | “It isn't necessary,” Mr. Graves charged. “I can't see that it will {lem is credit. Continued From Page One | “Until we get proper credit, as |we. did during the last war, we spur construction of small multi- can't build the needed homes,” he ®2T dwelling unit projects. lsaid. . 2 THREE-—More rental units for, - He spoke of the 4200 homes Indianapolis. local private builders erected in| However, it also may mean: less than two years for war work-| ONE-—A blanket rent controliers in the area. program over all dwelling units| “This critical area has been including decontrolled houses, tried at 8an Diego and Louisville, apartments and hotels. and it flopped completely. I don’t TWO — Government financed think ‘it is the answer,” he compublic housing. ; mented. . THREE—Relaxed controls over| “We are by no means a critical | all residential building and home housing area,” charged Henry A. financing. > ' Werking, American Home OwnCol. Milton Hale, deputy Com-|érs Association president. mander of the Army Finance| “More than 800 homes were dis-| Center, Ft. Harrison, said a group played in the Parade of Homes| from the Housing and Home Fi-| just last week and thousands of! nance Agency visited Indianapo- homes are listed for sale in The lis last week to survey housing mimes every day. How can this! and ask needs. ' |be critical?” he asked. | Reaction Varies “I thought the housing situaReaction here varied as to how| tion here has been easing up conthe shoe fits. * siderably, because the home build-! Realtor William Keller,’ chair-|ers in Marion County have done man of the Indianapolis Reallan excellent job,” said Mayor Estate Board's Property Man- Bayt. “However, I most certainly agement Division, predicted it/hope this building program will would produce construction of provide more rental units for Inrental housing at a rate not dianapolis,” he added. known since the war. _——— “We hope to fit these additional units into previously developed| neighborhoods where all city nhl-| ities and facilities are *available,”| Mr, Keller said. ! “It definitely is. a break for Indianapolis, for the public. and] for the Home builders,” he said. . Shortly after it was anonunced He has no idea how or Ft. Harrison would be the site| when.

of the $23 million Army Finance rete mts Center, a survey showed a need Foqr 10 Dead in Wreck!

for more than 1100 dwelling units, not including those for the 30000 NORTHAMPTON, England, workers expected to migrate from Sept. 21 (UP)—A Liverpool-to-|} 8t. Louis with the Center. ‘London express train jumped the Earlier attempts to have the tracks eight miles west of here area classified as “critical” were today, and a government railroad

opposed by the Chamber of Com-| Official said at least seven per-|

merce and other civic agencies SONS Were killed and about 45] believing it would mean an end injured. It was feared that three

to all further war contract for More persons were trapped in

Inidanapolis industry. the wreckage, possibly dead. This is not the case. The re-| 4&8 cently approved Defense Housing # Act eliminated this, | John Bauer, one of Marion! + County’s top home builders, es-| timates this area will need a) minimum of 10,000 housing units in the next year. :

| |

No, It Can't

Can fall be far behind? |! Three topcoats, total value $260, have disappeared from the home of Edward Bauch, 617 E. 37th St, he reported to police today.

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relaxed downpayments, cation of Indianapolis as “eritical” and a general lasting of mortgage money by this fall. All these are proving true.

a to Builders’ “It's a direct challenge to the builders of Marion County. One| they’d better meet if they don’t! want public housing here,” Mr.| Bauer sald seriously. !

a

i : 2 ’ { y {relaxation of all building controls, ! 3 Mie Stron er Rent , _|more rgntal housing at controlled RUSSIA and Iran rent levels, and a good opportun- To Open Trade Talks aan o | J ; Another leading. home builder, TEHRAN, Iran, Sept. 21 (UP) Contr ols Ahead 1A H. Mm. a not so op-|—Official sources said today Iran, [4 OF fe- a " | : {is determined to sign a barter, : =i] ideal with. Russia to offset eco-| : {nomic pressure applied by oe ix lest Here help matters any. The real prob="imy, giyiet.Trantan trade talks]

are scheduled to open in Tehran! tomorrow,

pires in November,

OPEN MONDAY THROUGH SATURDAY 9:30 10 5

Joseph Argus, Indianapolis Real Estate Board president, half-|

way ex the announgement.| He ee mean a Sel!

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A HE INDIANAPOLIS TIMES

‘McCarthyism’

Officials. predicted

featured In the BOYS’ CORNER—DOWNSTAIRS

Continued From Page One lier this week the new agree-|it could be the turning point in for the public. iment would-be “much larger” the campaign... One Democrai, nothing to de with making. the {than the barter pact which ex- close to Mayor Bayt, sald: “Bring- arrangements.” |ing McCarthy in to speak for Mr.|

»

PAGE T

Bayt.”

grant).

| welfare > | © Judge Clark’s Comment °

Asked for a comment on Sen,

“Mr, McCarthy has something lof interest and some information| ningham However, 1 had

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ment on the MeCarthy issue in ’ the campaign. However, he "aia ANNOUNCE his political foes were using wow, ON Us S. tactics” against him. He defined this as being religious ‘criticism, widening 11.514 miles of U. 8. 52 . |lies and a whispering campaign. between Indianapolis and LebaThe Mayor said he had one non is $754,715, the State High-

Oct N McCarthy's speaking engagement statement to make at this time. way Commission announced to- . here, Judge Clark said: It follows: . 2

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“I understand that Jim Cun-| The bid was. by Wm. Vogel Democratic sheriff) is working for the election of Mr. Clark. That pleases| me because I don't want men of from just north of 16th St. to the {Hendricks County line. "

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