The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1873-04-26


CHiCAO's DEBT TO OUTsIDERs.-The
Chicsg" Jotrs"! says: There is one feature
If the great rebuilding operations OF the
year that has ever failed to attract the At.
teniion 1T strangers com,nk N Chicago, and
me with reference 10 which our own people
absorbed - they are 10 their hcrcu'ean
mb'rs and erterpris. =. have q"eried much
.,x,ut, nan,ely-Thc amount OF money and
us source, b.,rrowed Of non.residents and
used IN recOns,ruclinR the city. And there
are few. indeed, even among our better in-
what Indebtedness Chicago has contracted
since tue great fire. OLe of our most CON-
-ervn.'ve brokers being recently inquired OF
on the subject gave his estimste at twenty
millions Of dollars. FW,n the most reliable
source it has been sscer,ained. however,
,hs, over fifty millions of dollars have been
loaned on Chicago property since the time
Indicated, the priacipal PORTION of which
has been placed on ''inside" lots and used
in improvlng the same. Considerable money
Inns been loaned on suburban land, but the
Aggregate used in this direction will not ex'
iced four millions. Where did this money
co,nc frOmy IS y question more readily sn.
swcrrd than would be generally supposed.
~ The bulk Of it has passed through the
hands Of only about dozen firms, with tue
exception of about four millions If gold
loaned by the United Staies m"r,gsgs cum
pany, ~ho obtain their funds IN England
and Germany. From 'hese it has been
learned that the money has been drawn
mainly from New York, Hartford aud Bos-
On. the two las. named cities furnishing by
TAR the greater proportion. One of the
moueyed institutions Of Hartford. he's, ~ 10
stated BY reliable authority. about ten mil.
lions of Chicsg" mortgages. oil Of which is
drawing sn average interest of nine PR cent.
1t 10 believed Chicago owes non.residents
about seventy millions of dollars all told.
which 10 secured upon her realty.
4 asssiS,s Suicide
The Pi0che Record has seen . private
letter, fro,n which it gets the following fats
IN regard tn suicide which occurred u
Union Pass, Arizous few days sso:
Clarence Todd Gu. bis throat last night
from ear to esr, ana then stabbed himself
in the heart. About eleven O'Clock the tame
night he got on, of bed, woke ~ bis part
ner, and told him he he'd drcs,hed that he
would die before morning. His partner
told him it Was night mare, aud to return
tn bed. In about On hour after returning
to bed be Jumped up perfectly wild, and
threw himself into the fire. His partner
being awake, jumped up and pulled him
out; then another man named Davidson,
tried D clinch Todd, hen the latter Knocked
hin down and bruised him cOnsiderahly be
fore bis partner cuuld get hun of; Todd
then drew sheath knife and started aftel
his partner. all who were 10 the house rum
ming outside; his partner clinchsd aud held
him for some minutes, and no one cunning
" his assistance, he pushed him one sid'
and spsaug ous Of the do,r, closing 1t sf'e'
him. Looking through the window BIZ
,,artner ssw him strike himself with thu
knife In the neck, scvering the jugulas vein
after which. and with the last Of bis physi
eai strength, he plunged the blade into hi
heart. aud fell, instantly expiring. TOdt
was deljriOus from excessive drinking"