Wilmington daily commercial. [volume] (Wilmington, Del.) 1866-1877, 1872-05-17
TIKI NEW YORK PRESS.
REAL. ESTATE VALUES N new YORK CITY.

real. ESTATE VALUES IN NEW YORK CITY.
[From the ny. world.l
Lots fronting the Central Park along the Fifth
avenue are now being sold at an average price
Of 800, 900 for each corner lots and lots at the
lower end Of the Park would would bring much
higher prices. Sit or seven years ago these lots
were worth about @10,0 900 each and the profit
to the persons who have been holding the lots
for that period IL very satisfactory. II the
Fifth avenue be taken as the line Of highest
value for uptown property at the present time,
the fact is apparent these lots opposite the Gem
trial Park are worth as much as the same
quantity Of land at any point along the whole
length OF the avenue At the rate At which build
ing on the line OF the avenue has been carried on
for the past i've years, i've years longer will see
the whole OF this area occupied. When this
point is reached New York is not going to stop,
hor will wealthy men cease to build expensive
houses; on the contrary, the rate of building
palaces will be accelerated. Where will be the
next location Where are the lots now worth
$40 900 or less which in five years will be worth
$50 900 or more !?
THE COALITION DISASTROUS AND DEMoRALIzISo
In ITS TENDENCIES.
[From the N. Y. Timss
OF all the coalitions recorded in our politics.
| none have been so vicious, and few, perhaps
| more dangerous, than the one between the more
reckless school Of Democrats and offce-seeking
Republicans. We have never moderated its
dangers, should it succeed. 1t may e,of course
| that the people have had enough of the Kepub-
| lcan PaTty-although we can see no evidences
of such a change in opinion, and assuredly there
are no good reasons for it. II the people are
willing to have the Democrats restored to pow
| er, it will be far better to restore them by an
honest and straightforward vote than by a
shameful trick. 1t will be far better and safer
/ to elect "square" Democrat than Republican
who has sold himself beforehand to the Demo-
| Gratis. It will be far less demoralizing to our
politics. less hazardous TO the interests Of the
country.
/ THE DUTY OF THE SENATE WITH REFERENCE TO TUE
WASHINGTON TREATY.
[From the N. Y. Times.l
There ought to be no feeling OF pride or parti.
| sanship aroused in the Senate in discussing the
new Article proposed in the Treaty OF Wash.
| ington. If we have made mistake in putting
in the indirect claims this nation is surely strong
enough to say 80, and to abandon them. IT.
what is equally probable, our agents in the ne
gotationlhave been too eager in our service, anC
have asked for more than they can get it is nc
great blunder, and one which the nation vii
readily forgive.
But what the people would not easily forgive
Is that 80 grand principle as the referring in
ternational difficulties to Court of Arbitration
should thus be overthrow, in its first applica
ton, by follish pride or obstinacy. The bes
portion of this nation have at length grasped
firmly the principle OF arbitration, and are dis
posed to make fair trial of it, as a new methoC
OF fright reason" and new promoter of peace
and GOODWILL. 1t will be an intense disapoint
ment to them to see this effort come to naught
/ merely because we have asked to much, ant
now stand by our demands.