, 1866-03-29
THE RENT QUESTION.
AL for Sale and None to Let----A Word
TO Tcnants...-Buy OF
Build.


phase Of the houss question IN Chicago. For many
years paat i. has been extremely difcut tpprocare
houses IN anticipation Of moving day. and
in consequence rendt0ce property has al
why's commanded a premium. TIL. ha1 becn
cspcc1lly the case during the war.
A lreInentnous spur was given 10
.he ACTIVITY Of Chicago dur7rs th1i period. and the
numbc1a m ptepit who went ont IRON our CITY to
swcn The number Of the Uu,on's army wesn much
more ihan srplaced hy the numbers coming In from
Europe nom 4 he e. Eas'esn States; asd FINN NE
very scasce ever tfnce the commencement of the re-
bell,on. and BUILDING Operations, 1honsh some xhst
s3leDt:vs, have been En;ted .! TIE high price Of
The FroT1ng demand Tor houses.
Chtagot IL not filed In, a some Of the Eastern
sna .a se2od o tic eas
hor.ea We havc, people hRvu been packed Together
b. the very fotrc OF circumstances IN war seriously
drtriments1 to health. Otherwise th1eefonrths OF
The waSss Of woriongnan would b. demanded to
pSy his house rrnt. Under tht- condition Of thugs
house properly has been valuable. Landlords h1ve
i, and wills thsre pleuty Of real ests:e in he
hande O! aSanls % feDt house for sale COM
p.1at1ve1y iase Thing Ill .hEoaen The var.
few houses 10 rent and u1any 10 tell. The Ion.
lists OF Advertisements Of honses On sale seen evsrv
day IN The columns Of the TH1BCxK ars uneIamp1ed.
rIencc Of my former xear. People. anxious TO find
retitencc to which 10 move aier The ftkt OF May,
md velJ few houses to rent. and those at e1orbft
.nt teutr.; hat they sse eysryVhese met with
The ftury-~fou can buy q ho1ac cheap"
People ese tTtng to aca their house. almost ..
exsenttze,y a they were AFRAID that the city would
be decimated by the eholtf3 during the coming
particularly IN that lying nearest The city limits,
scarcely one On which the proprietor has ms1Eed
the Wo5he "To Rent The Ciiimatc inference ID
that properly outside ithe business centre Of the
city Is coming down tn yxlue especially the smaller
clafs Of ttzidenc, though IN the real estate ofces
1he nc.1snal quotations aIe about the came as lat
year. .....
real e1tate Il declining. II hut sushtlyt yet,
strange say, reptt are advancing daily Long aeo
zrnts hzd Ersched sro1bltant ngnres. Twef1e
lond he as1 feather that brcaks she cameIa back,
yet to-day sn increase Of ten 10 twenty per cent over
last years rates is almost universally demanded II
The appreciation IN the vaiue Of our papes money,
and the pfe*cnt and anticipated drlinees OF trade,
esn Be readily understood as haEsn. q powerful
effect IN leetenlpg the value Of real e.tate, aud
fear Of the conttnuHnce OF tha cause would doubt
!ess create an impression ttat conversion Of house
lots taio eretnbacks would be au stnincnsy proper
and sens1bie proceeding. But At the bxnc lime II
would scrn, that anorhcr consequence or,hIs would
be a d1uaiputtpn in the rses OF rentals
eote s 1aea of sst 1hee i no Ss eauss ior
the advance Of rrnla beyond Rnte-var prices
te simply prepoeteroas, acd equally 80 ls another
iertain thas aDdIofds ou.hf moi 10 csaw mois thsn
about echt peT csnt leG annnm Oh the real value Of
their property. In this, active Western
ssD,a; ons5 in'esse2 Il sa1 ec,is
bnsine<s will yield more than eight per
cent. Eight 70 ten u readily pad On good eccutity
the risks Incident 10 houte owning. In addition 10
this. 1t xnuE1 be remembered that We hxTe now
hessg ta1ea levied tor the payment Of city and
var, u vel as those or 1he General Government
and Stale. Tnefe lieme Will legitimate an addition
Of tive or three per CENT, which may reasonably be
aided The fosmer per centnSrs OF rs1t. That l.,
property which only fsW years ftnee yielded seEeu
OF elsh per cent might not unfairly now return ten
20, to ps oe Eau sat,.aea %1ii VIII aoy such ~ nrnrs,
They are demanding twenty-nve and thirty
per ceut. in many casc., and eFen then, If
smount, The landlord thinks he llas cheated him
self-in not asking moro. There are many build
inee NOW in Chiesgo WHICH con!d he sod, with The
Sand dollaT-. for which se,en ur clcl,s hundred
dollars rent is demanded Tot The coming ycss.
Ihe landlords arc enabled 10 demand ttese c1oE-
most q morbid one. which fcems to prevail for Sc
curing honrss Ut early ds5 for the ensuing sea-
fon. Htenante would only make mp their mind.
Of the most fzaspiuc landlords would aba.e thei
pretcut demands: II would 10 a good plan 10 let
The Landlords md tbei, hou.es alone for week Or
probation In the value Of property would have Its
it'll efet upon the value Of renta ii an early day.
and cause 1hcI speedy reduction.
We would aEhin c0ll The attention OF working
men and othc1r aiming in any way to compass this
end: 10 The importance OF purchasing their own
dwellings, or lots on which 10 erect buildIura Tor
| curing squahbles with landlords, by becoinlns
landlords thcm.elvse building material and labor
are declining In vn1ue, worth less pou Than they
were = fhor time fince, md WILL pezh.pt. 20 down
eoneiderabfs further There ts no doobt bni that
iel5s Cd G5 resstion ol se,,sity when ihe pies
] Of real ettate will again advance, and those uho
| buy at present 6guma will bare made q
scpreneDd that the businets ct Chicago iii ever g
sink so low n TO make It necessary tot man who
owns bis 1wn residence here TO remove to smother
wealth lying II our hacks, about around NJ, In the
| great bast Of the Northwest which finds In CHI
eaeo It's natural outlet. Ths 1ntnee o! Lake Supe-
erain Of fve o. siI States, all have 4 natural
Leaning toward Chicago, and with the establish
mcut 81 cotton mills and other manufactures In
our rndet. oany Of which are In forward state OF
| preparation. Tremendous stimulus would be
| given 10 our trade-one which will not only ind
employment fur The tens Of thousands Of workers
now N Chizco but will attract hsthcr in the nex,
| few year, hundreds OF thousande more. who Will
l rroplfe more horkes and whose advent here will
| materially enhance the value Of property II tho
city.
A DErnAyKD Toc1H.-A boz sixteen years ol
are, named Frank Guile, was arrested by Officer
Dan McCA1y esferday morning. chasEed with the
then Of various articles from the boarding house
No, l6s West Van Duren street The complaining
vitnet. Philip keehIer, atated IN the Polce Court
thn1 the psironet came 10 his house on Tuesday a.
lcrnoon and asIcd for bed, as he wished to hleep
Of the effects Of drunk, He had only twenty y.aFs
cents 10 pdy for II, but upon promise 10 pay The
balance neIt day, be Waf accommodated. lie went
! no TO bis hed-room, and In about an hour niItt-
wnrds returned to the lower npar1mcnts, stating,
to attend to down iowr. Ars. K9hlef, shor1 time
I afterwards, having occastoa TO visit her room,
| which ndjoins the one occupied by young Guile,
discovered that her bureau dI1weI1 had been r1n-
Ing niue dollars In greenbacls and two doflhrt 10
specie md large quantity Of oiheT articles, had
oesu aostacted whish Il vas &c eonclaasd ~ 1, Al
AcC*ty, When he arrested the boy, ioana a. the
missing properly ID biz poseestion+ together With
pair Of pa1.s. which had not been missed The
psskoner VIZ committed IN deiaun OF f5oo oal.
A BURGLAR ArTnEnEpEu.-On Sunday night
last the basement OF NJ Prrntist Co.'S commle-
zion stnre, No. $50 South Water stree, was entered
by burglar md piunde1ed Of hams and iafd. The
matter VIE reported 10 the authosies but no clue
was obtained TO The aepIcdaior until Tuesday morn
me, at an early hour, when William Leipmap, who
occupies room tn The third story OF the aame
building In which the burglary Mna committed, Oh
ess!ed young man u the sct OF removing Tub O!
did not disturb the fellow by asking Idle qucstops
but vailed midi be had passed dc~n The sta,.s aud
| then he examined the coact md tonnd there hams
apd atub Of lard still remaining. This tact he report
| I'd to AsfIstant Superintendent Nelson, who DE-
| tailed two ot1cers 10 witch the premises. Accord
tpgly, when night approached, The oticess took
Hour ates hour passed a1d Jei Be did no put IL IL
appearance. The otlcct1 became deowsy, and
about eleven O'Clock made up their n1ndl
let ,he thief alone. wien Bch, footssep ~ hear
asccndtng the pthiis, and presently The form Of
man was vitlble through The din1y lighted hall