, 1860-07-10

MEssus, Ep,zoRs-We hare nil prave1v die.
cussed tho c,,ssa ,f n. oro.+ ,.e...a.;.- =.
'1- " "1e elsa' Impression III
every branch OF industry. We hare had one
real estate meeting, where rery good aud acnsi.
hi, r;a,r, ,~u.o a.,xaa,.,, IN
teoseu. oo 'af' however,
nothing mas gon' turther than discussion, aud
We see day by day, men deserving Il better fate,
PROSTATE in business aud compelled to leave
-.
times.
Now will grant in adyance that we hare
avar,t,nd.d md orar.anacnt,tad ,,,ra ,o,,..,.
49,, .r ~ f,P.
1uan ao5 otne1 Guy u Inc same Size, anu that
We, in common with the whols country, have
been suffering from the etIects of tbi. and of at
1,,e .+,,-,, c,,
.''es 'niee successive oaa c'ops' oupef1naueed
By The naturally favorable position Of Chicago
as q commercial position. Railroads hare cenz
tralized here. disGursing during their construc
tloa IMMENSE s,lmso Of money, aud Eiying varicd
employ ment, directly and indirectly to q la1ge
Population As natural consequence
OF rapid growth under most favorable
circumstances a wonderful accession OF popula-
tloa ensued, and IN impetus was given to spec
ula1'on IN real estate which 1t would have been
nnhasnra! II !. hao nos been carried to excess.
Mauy minor causes tended to this result, which
II Necessary could M pc eau, enlarged upo1-but it is
not net necessary ~ We hate the population here
nhe II question rs Is hot whsther re hare 10000, or
3o,0ov,, Or &c, COG more people here than can be
rrohtabl{ emrloyed a. present But 1t IS for
every wen "isher OF Ch'cago to 10 h!s share IN
helping to plan ana carry out such Intelligent
ond iar'seeing actlon as w!il gire impulse and
oetFisy to all caasses OF citizens, that each may
add his share IN building, up the prosperity Of
the building up. an immense city on a solid
foundation it is far better to give employment
10 this present population than to have = large
proportion Of il remove in quest Of labor, and
to wat future accession.
l am proud TO say as d citizen Of Chicago,
that believe we hare as many if not larger
class of clear sighted, Intelligent energetic bus
iness men as any other population Of the same
size can boast Of IN any part Of the world But
am compelled to say also that do not believe
the means for actiri'y, and the prosecution Of
business eare in the hands of that class Of
men.
Who compose the wealthy and solid men Of
Chicago at the present timer Let me introduce
some Of them. Mr.. 4. came here in 1910 aud
bought few lots With his limited means, aud
while property was rapidly increasing in growth.
for the three or four succeeding years be was
millions in real estate, beside 1aree uneu-
ployed capitai in Bank Mr. u, came here about
The same lime and bourh. a block OF two. and
waited, and waited for the activity Of others to
nuke city, and by erecting the skeletons of
what were called stores or dwellings, be found
himself in few years in possession Of large
income which he has prudently invested in Ike
manner, aud his estate has By its enhancement.
increased to several hundred thousand do1lars'
Mr. i. like Mr. A. is aghast at The times. lie
like Mr. a. is waiting for something to turn nm"
To make his "old ri traps' Of houses OCCUPIED
By tenants willing to pay biz gh rents.
Well, here comes Mr. G, he bought eicbtv
aeres of land on The West Side at an s,r1r5a:!
lie was a carpenter: yery WORTHY. honest
man. who never expected to earn more than n
counIe Of dollars Il dar his life 1onp md h;s
brightest aut;cioations went no farther Than a
homestead and few thousand dollars at inter
EST IN MS OlQ age Af. ". fe1qfCf$ IN property