Report of the United States Housing Corporation. December 3, 1918

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In SO far as practicable, the negotiator was expected to preserve and, if necessary, to create legitimate competition between owners of property and to discourage the conviction on their part that their property had definitely been selected by the corporation.
ACQUISITION BT PURCHASE.
In the beginning the use of options by the negotiator was encour- aged, but the practice was later abandoned because of the time re- quired to close options into contracts. The greater part of the prop- erty acqui
...red by negotiation has, therefore, been taken under con- tracts made subject to the approval and ratification of the corpora- tion.
ACQUISITION BT REQUISITION.
The element of speed in the taking over of real property is obvi- ously a controlling factor in any war program, and where it became apparent to a negotiator that certain properties could not be acquired without material delay he was authorized to arrange for their imme- diate requisition. It has been necessary to resort to this procedure, however, in relatively few cases.


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