The new Northwest. [volume] (Portland, Or.) 1871-1887, 1881-03-31

NEW YORK, March - ISL
Americans do not sufficiently realize or appre-
cate the freedom granted the public by their ho-
tells The American landlord throws open his
sofiiceu to the crowd The ''oiiice" is simply
great hall in which any decently dressed and de-
Gently behaved person may enter. In New York
the grand center and depot for ,he meeting Of
public men for informal caucuses and discussions
and for seeing the travelling and local world of
notoriety is the Fifth Avenue Hotel. 1t IS the
public social center of the city Drop in for few
minutes, and let us see whom we may. Nonder
is Congressman Townsend, of Ohio; near him,
Congressman Rice. of Massachusetts; near by,
Colonel McCOmb, a railway magnate of Della
ware, a gentleman in appearance Of the modern
lied old school, who might pass for brother Of
Dr. John Hall The next man, almost giant ia
proportion, straight a ramrod with an enor-
NOUS breadth of shoulder and a flowing s9ddy
beard, is the ex-Confederate General, Stirling
Price.
On leaving the hotel, met Manager Gillig, of
the American Exchange in Europe who, by the
wav. like the rest of the world, going to
Washington, and asked him about the truth oi a
rumor that the Exchange designed to set afoat
palace steamers which slould carry neither cattle
nor emigrants. He thinks there is demand for
does not care to engae in such an enterprise, yet
Mr.. Gillig says thepublic must have what it
wants. Lucky pubic You may expect any
thing in your stat-room from silver foot-bath
to a point-lace nght-eap, and anything on the
bin of fare short ortolan eggs or slice Of cold
missionary. Jus now the Exchange has its hands
full of circular notes, accompanied by letters Of
Identification. The notes are backed by United
States bonds. and the holder will lind them as
.1od ~ the money whereslr sented. III .s
rfry th Introduction 81 % -, stem ~ inter-
sonal urreucs. uhieh is .raDd 20 grow - we
become core and mor. iHuma.e Hith our cousins
ON side, and especially rs the ladies .ak,
~ visiEu. alone For several years. the Excharg,
has playi the part ol special pro, .jence to babe.
.n THE ods who would ger lost, and it IS conti1-
n9Iv ill-ea-ing IN efficiency. General sph
B EaUAy was chosen it- President. from al ol-
numfl- f prominent persons suggest tll. oa ac-
count Z us business nerve, S wel as for int
leetlal 4ni ty and personal Integrity.
a i passed The Albsn7 Lsgi u Ha
rng that the rss = fire e=cs 'H
INNING be tsga at % cll.d
legislation ild a.e- that
ls sl.E. s. permeating III uiads
nakcre. Ile uatatoriums
whl.l,rcI. .stabl.sar fiere ,i i-7' '"',''l ''ei
-tI ,..4 49, rhough tley Hers crude aI-
,.oi...'..s. But while 3D. art ~ -wmuiue D.
acliug. it is to be- boz q ti the stree @,
Nv lors VIII ~, zen be- a- tley were q zen
mes curing the Winter icst .-ed, when it Fa-
no unusual tliee % see awa.f standing or laa
eurbstone and yoEine aeros. he waste 90 waters
evidently pr)o1uQirg q men al conundrum
whether to sink or swim
That all forms Of properly have felt the effects
Of our great prosperity is evidenced 10y the reports
of the advance in rents, U,e Increased activity in
the real estate market and the higher prices that
are obtained for parcels tiat are sold 1t Is not
only ID this city and vicinity that these phenom-
enal have appeared bat the same is true in a
p,eater or less degres in many parts Of the cCun
try In Chicago, FIR instance, there is an advance
in rents of from u to 80 per cent. Real estate wa
the last form o. property to suffer from the panic
1t has been e last to feel the effects of returning
prosperitv. What is called a "boom" may no
come in real estate Immediately, but it is highly
improbable that the prices OF all forms OF eNn
modities should Increase and the price OF rea
estate should remain stationary, and that none.
should seek investment without investors finall'
turning their ATTENTION to real estate. AUGUST.