Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-02-20

than Fl. s. Fairchild, the extensive real es-
tate dealer His business is large and
growing, and he has not only very accu-
rate knowledge of all that pertains to real
estate, its present and prospective value,
but his experience in business and his OBJ
servation in St. Paul has given him very
large amount of confidence in the future
of this city. He has met the various ups
and downs of life with patience and forti-
tude Amid all the changes and in
spite of all the ''hard times"
he has held steadily on
with confidence through all changes. No
unfavorable seasons, no depressions of
business, no financial disasters however Sc
rious, have ever shaken his sublime con-
fidence in the commercial and financial
greatness of st. Paul He has seen the
price of real estate go up, and he has seen
it also go down, down out of sight, ap-
parently never more to appear. Yet his
confidence remained. It never forsook
him or weakened in the least. All of the
older citizens will remember with what
energy he worked all through the dull, te-
dious years that followed the financial
crashes, with what cheerful, hopeful, ever
living confidence he struggled against the
universities that followed the financial
downfall of our business interests. This
disposition was one of the most remark
able displays of sturdy confidence, and
mistaken certainty of belief ever seen
among men. He worked and toiled on
when other men weakened and gave out.
The more adverse the times became the
more energy and determination he exhib-
tied. When at last business became more
prosperous and the promise of the future
through the country opened up by the
Northern Pacific and the st. Paul
& Manitoba roads, indicated that
ST. Paul was about to
take stride forward such as she had never
before taken, Mr.. Fairchild was the first
man in the city to detect the fact. He i'm
mediately took such steps as he deemed
suitable to meet the requirements of the
times He
STRUCK FOR THE Blu sINEss CENTER,
and though the rent appeared to be enor-
nous, and the result to many doubtful
Mr.. Fairchild stepped bodily to the front
and rented the first floor of the Davidson
block, on the northeast corner of Jackson
and Fourth streets. The room was large.
Everybody but Fairchild said it was too
large. He knew better and the result
has demonstrated that he had bet
h17ci
men who shook their heads at his expen-
sive and apparently extravaganza outlay
and unjustifable expenditure. Mr.. Fair
child held to his opinions. He opened up
that real estate Office two years ago last
month and from the day he opened the
doors of the office and began listing
property to the present time his business
has been increasing until it has become so
large that he could not begin to handle it
single handed. He accordingly associated
others with him, and all through the most
of the two last years he has done an i'm
mense business. He has now concluded to
take in his son who has just at
tanned his manhood. He accordingly
arranged pleasant little formality for
bringing him into the firm. In pursuance
of this plan he issued to the real estate
dealers of the city and to a few ''old
friends the following invitation:
ST. PAUL, Mimi, Feb. 14.-Dear Sir: The
pleasure of your company is requested at my of
flee, corner of Fourth and jackson streets, at
p. M. Monday, February 10, to meet with the
fraternity of real estate agents, and few old
friends, it being the day my son attains his ma
jority, and takes an interest in my business.
Very respectfully, II. S. FAIRcHILD.
THE GATHERING.
In response to this invitation about fifty
gentlemen assembled at his Office last
evening, where they spent an hour or SO in
pleasant social conversation, after which
Mr.. Fairchild invited all to accompany
him across the street to the
Merchants Exchange restaurant to
participate in banquet that
he had ordered. The gentlemen accepted
the invitation and proceeded to the res
taurant, where they found in the spacious
apartments of this elegant establishment
spread for fifty people. The tables were
soon filled with the guests, who spent two
or three hours together in very pleasant
manner. The bill of fare was printed on
Illuminated cards, and commenced with
the following: Complimentary banquet
given by H. S. Fairchild, to the real estate
agents of st. Paul, on the twenty-f first
birthday of his son." At the head of the
table sat Mr.. Fairchild, and at the other
end his son, who is to-day an active part
ner in the BUSINESS of his father. After
the gentlemen present had done ample
justice to the banquet they very
naturally INDUCED in
LITTLE SPEECH MAKING.
The first speaker was Mr.. 81. S. Fair
child, who took very rosy view of mat
tiers, and spoke with his usual hopeful con-
fidence of the future in the following
style:
He said that it gave him much pleasure
to meet with so many of those belonging
to the honorable brotherhood of real estate
agents, and especially several ex-repre-
sentatives of the fraternity-one, his
friend Truman M. Smith, dating as far
back as 1853, and two, S. P. Folsom and
Benjamin W. Brunson, as far back as 1849,
when Third street lots sold at 800 each.
He had thought it fit on this occasion, the
twenty first birthday of his son, which
would probably not again occur for long
time, and his entrance upon business as a