The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-05-11
IN THR BUILDING DEPARrMENr

equally unsatisfactory results TO those noted last
! week present themselves There u an almost uni
ing out Id part, from the unsatisfactory relation
between masters and journeymen, bosses and
condition IN trades relations In this city but also
because OF the circumstance that the panic OF last
September, while reducing the amount Of available
capital for puilders loans. as well "a In checking
accumu lattons, has provoked extreme caution Ia
the matter Of all Investments, ana drawn more
vestments that may depend for profitable
realization upon the chance philosophy or
ant Of the iirst principles NOT alone
Of political but financial economy, under the con-
troll Q! leaders equally ignorant. but with CUB
Hades rather than serve in heaven. Every day
brings US nearer stagnatlon IN respect TO the
REIMBURSEMENT Of the pecunary relations between
LABOR AND CAPITAL.
a. tHs y cam
learned the lesson Of the panic which was canddly
SINCE been intelilgently applied BY operatives in
the manufacturing districts And that is, that In
as q no the
Ing TO the srinkage In respect to current values,
which has taken place elsewhere In what IS
sunered q gradual shrinkage in the absence
OF any. liked standard. being obedient
only to the law OF supply and demand, but IN the
mechanical trades among our artisan class there
Is, it is to he feared, severe experience yet to be
endured. The present high price Of labor in this
country as compared with England and the CONT
nent is largely due to that tremendous specua-
tive energy wnica has been go marked feature OF
our progress as 2 nation. OF our own peculiar CIV
But 1t TIT Ne s
WE HAVE JUST TAKEN THOUGHT
on this SUBJECT and are not likely to rush quite so
madly aneau for little while. The failure OF the
Northern Pacific Railroad has checked more
ticipaIed, and tae change from Tweed and Con.
molly, with Green In the central Park Commission
to Havemeyer and Green, the latter as Comptroller,
Is equal to the famous difference in respect to
tweedledum and tweed!edee The one firm pro-
Jected grand improvements upon a liberal outlay
that were never Accomplishment the 0ther accom-
plishes q liberal outlay without protecting or car
rying out any improvements. This IS one sufficient
reason ior past ana lingering stagnaton in real
potfer Brothers, Of this CITY, have recently pub
comprlslng the Twelfth, Twenty. third and twenty
fourth wards, the two last named being the newly
annexed district, formerly a portion q Westcnes-
risania and West Farms. These latter subdivisions
include In them many partially bullt up settle.
Morris, MeIrose, WOODSTOCK Hiqhbrldgevllle, Clare
mont Mount Eden, fremont. Paramount the
VILLAGES Of s9a West
&C., besides many acres Of farm land yet innocent
OF the city surveyors compass, theodotte or chain
tive area Of the new section, Including the
Twelfth ward north or lz5th street. as 1t relates TO
the city below IDu8 the city south OIL 10th street
to the Battery cont ins superficial area OF
400 15s $40 square feet, while north OF that bound
airy, with tue new wards, we have superficial
area OF 68f, 900 600 square feet, making total or
1100Sl 5l6 square feet, or 39ll square miles, the
portion of the city north OF l25th street bciag
nearly double the area OF that below. Here is cer-
crowded tenement houses and lever breeding wards
down town, in which men, women and children
are huddled together like pigs In q pen, to use q
homelv simiie what wonder Is II that the cry goes
up to our rulers TO give US some form OIL rapid
transit that will enable us TO utilize
THIS VAST uNBUILr TERRITORY BEYOND THE HAIR
LEN RIVER
for the physical nrst, but not less the moral and
intellectual regeneration OF orr people. Tne map
concerning which reference has been made here
although lacking In many things one would expect
in work OF It's size, such, ior instance, a. a
clearer exhibit OF Typographical conditions and
more satisfactory definition OF the boundaries or
different estates, will be found OF great
to those seeking investment IN tnis uptown dis
trict. Nor are these lew, the names on the map
Will testify nor laggard at the present time In the
recorded transfers OF real estate OF recent date
may be found the following transfers OF property
IN the new wards:--
RECENT TRANSFERS IN rwENrY.rHIRD AND TWEEN.
TY~FOURTH WARDS.
brOenw way. n W corner OF Franklin av. runs north M
NM we ssr 70 \ g point Of begin
30 henry H. Horton, March "a. ............ .Exch.
rot ip ". g. Oh broadway, in rear OF other lands
-, noftoh, on foadway, adjoining Janet g.
walker gore ~ ~ wide at one end, ~ II. wide at
oiner, mdcnutte length, Janet t., wife OF
George e. walker 10 Henry l.. Horton. March
"