, 1865-03-31
BUILDING In CHICAGO.
Its 1uatssSitE E--Lltt!e NOW Dolag--faases-Tae
Coming Fall IL Ncnts.

3he progress Of Chicago has hitherto been tre
meaooasly rapid. Each year has Witnessed tn,
tsecto1 ot new buildings all oyeS The city ecl1os
ing IN pumber ard cost the prey1ou. year
f1onpt on the fret approach Of spring, whole ar
mica of work1ncn hare sa!l1ed forth laying foun
oanons md rearing structures rapidly, then mas,
1ng On to others, occupying the whole Of The yea,
except the dead lock Of w1ntcs in mixing prorls
Ion 3cl the ever growing population OF Chic1po
TIE click Of the trowel, the sound OF the h.une,
and Faw have rcverbesated thl ough cur streets ou
eysE hand. and new buildings hare sprung Up ns
II " magic; In the short space OF thirty years we
have provided habitanons Tor nearly two hnodfetj
thoneand souls.
All It crce the process Of house making seems
t t6.onEht , to sndde1 stand shl The ice has gone
uom Inc river, a1d the W1i:e s3ila OF our iuee-
ehant vessels are 1olluWine eult but the bn.ldlne
trade. are dormant, they show not the usual signs
Rac 1s hs On
euch an extensive rid as to depiete them In few
Eerks, The material lies there untouched, and
'sbspcs useful and heauttIul. are idle the work.
men 80 abont the streets, Macawber-ltke. waiting
foE something 70 turn mp.
TINS spring IN Chicago wall be far less than that OF
| last year. probably not more than one-th.rd OF
n Ghsap
city ra1'ways, for the accommodation Of the poor
tE ciastes' bnt comparstlvel5 few Of those prsek
Which IN other years have formed 60 lsrse a
portion Of the building trade here. With tie ex-
s espmon or lev which were coutrneteo for last
Will hc practica'ly stopped, and on not feR even
9ithosc agreed for. work will be stopped. And
noW than eVef that stores and Offices are selling
at premium, Tint people IRE almost ruunlnG mad
eer places II wheo 70 live and do business, OF.
ie+ns n many sascs al@os taealons adrsu:ss On
4 caufef |
The reasons arc in brief these: Capitalists who
end IN hrf1 ind f{,nr 1
now on such terms as they thlnk they ought to aa
sble to secure In view Of the fa11 in gold. Prices
Of things. Labor Is a. hieh now, and matsria,
1early 20, At when gold was At go. Master build
ers ere paying Ne much today for workmen Of all
wa1ta the three hundred. Capisal,sts n1tnrA'iy
seel p that ~ M1th gold l5o they cannot afford 70
pricc Of naic1ial-arick., lumber, nails sla.: aal
pain'e-but not more tnan one-half or oae-
lhiEd in proportion to the decline oi the prem
ers, ca1pente1s, srctlayer:, staneseut1sr. n sesm.
ttets, nasnters> roofers, &c--demand and receive |
rs much q: hefote-H1tn tnem there :sno dedac-
TIL material and LABOR shall cume down to some |
thing itke the gold standard. The teelias T. so
IN s hs1 s
The demapd for labor-fkil'cd or IN ,killed-be At
any time thas gear Eo good al has been anticipated,
even e Sa M1lh I'd dcslins IN waEes Those woEKme1
themselves disappointed; they cannot do better |
than enter the htmy and assiat to close out this
This is apparent from the4act that The III! In gold
hss derapget the p aspects oi a great many par
tics who Lad supposed themselves to be set high |
ing The winter hud reaton to be,icye themselves |!
ahle to etana an expenditure OF scores OF thou |
sands Of dollars, have suddenly foana themselves
eina have shrirellcd up 'tlike bottle dried in |
he sooas apd other pr9psFty ooosht
Il $r1