The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-25
CHICAGO DBFEMDED
CHIcAG9 DEvHNDxD-HHs CONDITION AND rHos-
IKrrEK From s. 8. HAYES, ESQ
BOsyoN, Angus a. 1858.

: .
Bosror. Auxsa n. lSsS.
The Following 'tsn" copied into ,As Iysalas ma
the e q
Chicago saysI oud that every real essase NAN 4
asss ee;ss j; III SR ~. upon = ~ :sAs dread
amount reported upon bond and morgsxe which was
fSs roorSsSr Z % sSs.rS and ssiouous that would
hsys been unworthy q notice had not been aimed At the
raj cEcui.top In diisrest parts Of The country.
through
erson has assumed The sssk
laborng men who seldom take more than ons q cost q
every $50 Probably the mortgages o. rsso,d including
within Ten rs S
mailing as volume: q pages s.oh s1.%.s whISs Il
ssss. saa this
sss %sds
aSs IN nSx ~ Ss
is something hundred and nine millions Of dollars
dollars every dollar Of his property and that debt S
Without Further prsin.r,ss will say briefly
lived in Illinois twenty years. and IN chicago about eghA
.nS u here and he
might ssS liz value and DO % ns s
there than hundred million dollars or eleven to
SasSOr MSsS an afraid none 100 Tood
prosounSnS ne y. 10 - ~ sp and
Many opery h,laers Chicago have large incomes and
Ssr %S" i've BY tSss labor or ss have aueaca@bsrsd
real estse which they improve from year to year. ~ they
nsssd 70 s I hss ere
R s.
e wealthy and popuios city that there are NO Horsssss
hose q sssercs sisrEe proportion by inh.S
!su; .gs, non residents who a. e hing have
properly .erOe p, for its full value.
drona and suggestions which be Of interest
TO your readers .,. 40, ~ tho ,ou,-e ro, a., have nm,
~ sss raas iscs cSis.se q % ees would
''T ps s s
sausrs fooi - obsr nrsb6oIhoss wssre there g
Ike ss s % Z pen en- s wsn
ton street IN the western Division or near hs Lake shore
square While he bes, soa w.tsr
Lake o Randolph streets held At from - to - per
higher proe than that last named.
qusa but ~s e Number o. msssSds via
those OF s, yer or he year before The price, oo.s,ed
psss three re- ss
SD a IL - old
Which e S ss' n: re s; IN .Sss an s,ys
sosih Water sea T. the spring TO d.. Foster for
81 10 .. sS. sssei 10 s' cSd
the greatest sacrifices OF property have heard Of snd
%s 0 .Jps not
Among The ssss Of redsSos pro2sy w %srSp the
corner Michigan svenue and Hubbard court $1,000 5y
ss f per Sn. o 81 sy w% To- ss
corner Of Monroe Win frame cottage
I'd so.ii5 ,or . iron. iSG !! HS
per fort In al these the prices would have been
A. 70 reuts man, xood ss,res re unoccuped TSsy ara
filing slowly moderate rents say from SOTO $500
equal TO aDy IN soston while be bad
se With Sa.s S 1ra per ' sns ssoE Ss
mand owing the rapid Increase Of population great
many Of good olsss are beng built and are occupied Is
u Or the city substantial nDr9Ie%so,s
which contains already The largest populanon and the Union
here = ,Ss SueoD q The srows Of Sas po4oa
he city vi no esfter Dc rapid than before
bops and pryss bend: md %osssss. Which ess per
SropeaD cspai.c have been inornsd that no Instance
bias bect known 70 our loan brokers Of pay
where they ssye been money loaned
ers 70 he eoe aushT D,cssy Hon sst ssiauss sss j.
Masoo Parker So formerly o. Ais place All Of whom are
pas mad o.ss q sss KIND os rsas: Al the East are sSs
H.. chcaso hss fell the bard tines cannot be denied YET
sfsert After careful inquiry and peronA ss.mi
ss states where properly has dspreci..ed le
whsr. there 80 much employ 70. labor where bust
prosperity is 10 nssrips may say place
DO ~ well in any kind Of business ss there
The character Of The place ~ sgSs'.nu. % sgc
rstment q ylsi,s within bounds 70 sAy that ,ss y.lus
q S o. s s s % sSd I've
ga and -SO s he sSss no. %
.4s o%
end Of The season not less 6sa twenty eight bushels
Tie &c csSsss vscs aa s.snty ds years have mss mi
sonna as dss &C Ssr sro. ser
nssssor,ns own. shiel oass Der ,,.s ssi
Ssa. re manly Ses good ssorspScs position .na se
isras, he .n'SrT Add
lie, M look ., them clnsely. .
Beng The @ nina, por, ss abe :s Ss
shrs OF ravsabe waters extending east 10 the
sSs . iS 10 he sui q ss.es and having already an
immense msriue IN sail vssse,s steamers and canal boats
Ks shed NAY be her sees whether be Ess,
South In Canada, the United ss me West Indies OF Eu'
T. From ter pscusr location al TIE mos. southern end Of
eeep water fsr huntrees ~ mice north 81 her no asur
b N sny o.ssr sr.s'n ace . ns gaze % ss a9tsTs -
sine.s Be-, eea Sorhsru Illinois sscsssa sua fow.
se .sa he xn ss 90 he ser fSa rca 70
sas M .I ss 81 q r ss so Ssp su
o. the Dos7hwssery sysem q railroads n which Including
out IKE .S and rueuos ar oo ne ss 81. 81 =
come In cotnequence the natural ana beat market Of ae
region which supplies boss rosds with 5usnessa
hcsthfn fertile. q varied AMI ineKharssols resources
uiny Inhabited, We, Containing pouulal0n o. milioo
and hall. and GOV being rspiily setiet
TIE ssyar, q, -e. q grcauce.s who sees be- nsks
with such esousvs Attention, hsi they each fur- Al Al
The buyers fer TIE protuCs OF toe others
oresag boone m,rkei The domestic exchanges Of which
would guppor great ctr.
Tb~ and Territories tioh s1rrouut her sndfrcn
The people Of vhc se draws sr chief supPor closely
on nifty o. interest senumeos and ussrtprs
Hsvinz sbundsni supply Of coal recsn.y opened
ri ssri and cher points within shor distance hy csss
and areAcy extensively mined which IL sod hsr
dcts at three dollars cs her mAnuiscures beors cou
siderable have received impulse auf win sire
eu,p'o, sni 10 . isrre roruls;ios.
Her people 0e nierest euerrrisag and irtu,irions
embracing every departme-s ls &c sumber Of capable
and uoroufhy trained business rasn ale squh 70 al ts
n uds thai ts made upon their eeerses.
These czpses Of growth snt progress existing ohtns
ton Chicago IL reasonable expect hat shs viii aways
she he emporium And metropolis
q the northwest sepowcrfoi wealthy and thriving ccr
shereore conter safe and prudent 70 irvec money ~
form business connecsions there opinion witch. am
happy both held and ased By Of the
and csuaous cspiiaSs OF New FnRlandmen Of
prudence and experience who their interest
Nksau~