Show 1 Discusses R Reasons of High Building Costs Cost Building costs cost are rc higher apparently apparent than thc they are re actually said Morton C. C Tuttle general manager of or tho the Abertha Aber- Aber thaw tha Construction company and a former former for for- mer member of ot tho the war industries board in the ha the Boston Bureau In talking of or industrial construction Considering that dollar has hasa Considering a dolar today toay a purchasing po cr of about 12 42 per cent of or Its It 1914 power and using the 19 1011 1914 t I I cost of oC Industrial construction as a a basis basis basis 1 1 7 75 per square foot that foot that same construction should to today a- a acost cost U I pcr foot toot As a matter of fact tact I it costs toda today around per POI square foot toot according to our figures I So So that the time apparent apparently high constructiOn construction con con- costs toda today are being being paid with dollars of ot shrunken value alue and tho the future rise In purchasing power of oC the tho dollar dolar will m offset the tho shrinkage In re replacement replacement ro- ro placement placement value o 0 of the construction There is Lt l' l small smal prospect o of anything but a rise riso in construction costs continued continUed con con- Mr r. r Tuttle Building material in some cases Is almost unobtainable Although it has hog risen rison in price it will rise much more for the labor cost of oC making these materials will wi Increase just a as ours oura will wi Tho h efficiency of labor lalor Is bound to decrease The Thc skilled trades have o ha been diluted durin during the tho war aI arid and will wil be diluted more widely b by the tho Induction of or part partly trained men amen this because of the time shortage In these trades and the time need of getting men who can make some attempt at tho work ork And as ef efficiency ef- ef c- c drops costs must Increase Wages s of or o our r labor have havo not much more moe than thap compensated tho thc increased living cost cOl which the they themselves helped to to boost boost At the same samo time labor has imas reduced its Is hours hour sO bo that Inman in inmany inmany man many cases the weeks week's wa wao o of or toca today shown ho 3 a net nel actual decline of oC purchasing lug ing InS power from 1914 These men are arc not likely to Increase their hours of or work worl but iut ut the times they arc are more mort more than likely to enforce demands for wr wae f |