, 1881-01-02
4 Powerful Clique Will Attempt to Pre-
vent the Removal.
Sales Of the week-shr in Acre
Property.
COMPOUND Interest Left Behind by Obi
cago Real Estate.

-.-.3 -. - .r,rh,tic f3acisior The same
.,,.r-,.,r h,s haa,, craatad as fottoved the
p,.,,ov.r ~ rr1r noAnD r1.oM WATER
STREET
to its present location. and The change OF
hase by Field, Letter s. Co. and Farwell d
Co. after the fire to their present wholesale
xuarters. In these cases the greatest OPP
position was manifested. 1t was believed
that great damage would be done to real
estate interests by the change. But the
event has proved that the vacuum was at
once filled, and that every one has ga1ne0 Dy
the expansion Of the business district 1t is
too much to expect that persons who think
their interests are seriously aftected 1of tne
present will take phllosophlo view OF tne
matter. The proposed removal
WILL BE CONTESTED.
There is positive authority for tho state
ment that the property owners IN lne vlc4nlly
Of the Chamber Of Commerce VIII use every
means, legal and otherwise, TO prevent 1ne
vacation Of La Sale street and the emig1a-
grafton OF the Board 70 It's ne" ho"e. ho!s
counsel have been consulted anu Wnate'es
legal distractions are possible Will pc thro"h
in the path Of the new departure. NO aetlon
will be taken by the Chamber OF commerce.
as that body are content With tneE lease 10
the Board Of Trade, which WILL not 4ea'e
without
AN EQUITABLE SETTLEMENT.
one of the questions to be raised by the con-
+astsnts &c whether the Common Council
ha,a tha ripht IN vacate 4 street for private
,,nrr,oses when It has. once been opened to
tha nuhi;e Another will relate to the rights
of the narties who paid assessments for
o,a,;no Ia S,1le street north of jackson.
srhara ero other issues that will be developed
~ +;,oe Raal-estate owners in the vicinity
~ +ha ~ 1rasant Chamber are canyassing new
r1a1s hv ,ph;ch thu Board might be tempted
h. remain where they are. One Of. these is
tho nurchasa of
1,1Tr .orr.zo17K, Rr7u.nrya.
a.s+ ~ +he Chamber of Commerce, taking
dot1,,, fotf, bui1dings and erecting new
st,not,,ra I'm on Washington by $50 on La
Gala sfraat with a twentv-foot alley to the
sss+ of y in nlace-of the twenty-foot alley
uh;ch nnw rms between the two buildings.
This n1an and souae Others proposed have
kaken M .7e6nit shape.
Careful canyassinc of the real-estate dealers
of +ha citvshows a yery one-sided drift Of
amazon. Reai-estate men are almost all in
favor If tf,e new move. The present
CENTRE NEEDS EXPANSION.
~axe h,,einess touses are coming into the
ritv IN s,ch numbers, the needs Of those here
..ss ;nasaae;nrr -. % ran;dlv that the business
ns e'ar+sr @ 10 a1readv crowded. Every foot Of
.rnnnd su aro,Ind tt,e river. the lake. and Van
aure,, nil, have tn he used for central busi-
Ice nnrnoses, There is certain, to
shnrtapa of accommodation. this
,n-,,r The nressnre far room viii be much
xraa+er 1vhan t1e tyyo Years have passed that
mnst a,anse before the Board of Trade
.an ,aave their ouarters. The compile
t;o, of the Conntv and City Build
hors will bring into the Courthouse
sn,,,,e eneat number of tenants for
officae The real estate. stock brokerage,
t,,s,,rance md similar branches are enlarg-
,rr +he;r borders every year. and are now
-asur
cp.,rprD FOE ROOM.
,1rhars .ra ether i1enartments of business. like
tho humber and coal interests, that must have
,oro AND hastar rnom than now Chicago
hae = stocE Roard that il rapidIy developing
into an imnortant institution. Looking back
q few years. it is impossible to LOOK forward
. few years Realestate men say and believe
that there will not be any permanent depres-
sion left in either Washington or La Sale
A.. +1,, pnn ~ ,f Tx,1n