The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-06-14
THE BUSINESS WORLD
COMMERCIAL.


DALLAS, June l3.-Rivalrv and competi'
where cities con'end for the prize. At
tempts at monopoly Of all the business Of q
particular section are Is futile in result as
they are unwise in conception. New York
does not command the entire neighborhood
ia the way Of barter and exchange as all
know that Jersey City. Newark and other
surrounding cities are large and fiourishing
burghs. But nevertheless New York Is as
much the centre Of our commercial world
@ the sun Ia of the solar system. Planetary
sStellites may caper In their orbits and
Hume with reflected light, but the fixed
and immovable point Of commercial and
financial Importance Is the great metropol-
jtan city Of the Knickobockers. And so 1t
Ia, and will ever be, in every territorial
expanse where common interest points to
focused centre for the trade Of that section.
The advantage Dallas possesses in secur-
~ this position is too obvious for elabora-
4on. Geographically she is peerless in her
location and for various reasons the bust
ness talent Of those seeking permanent in
vcstment OF business capital has drifted in
to her walls. Whatever is not Dallas with
in fifty miles belongs to her as
envlrons and no more ad-
vance can be made against her than Phila-
make against New York. Those two cities
are only two hours apart and vet each
grows in Its peculiar way whilst each draws
ia greatness not from neishborhood or
state res Jurces but the nation at large.
Dallas has this year started on the home
stretch for metropolitan distinction. Her
merchants have manifested the intelligent
enterprise Of the ancient PhUlicians and
tho renowned commercial princes OF SYRIA
Cuse.
The Exchange. Opera House, paved
streets. federal building, with blocks of
shlendid buildings and elegant private res
licences all attest the confidence of her peo-
pie in the immediate future. The goddess
vi success has been courted and her coming
prepared for In the beouteous decorations
Of a live municipality. How vain then are
the mutterings Of the disconnected and en-
viQus who would strip her OF the ladrels so
fairly won and delight in spoiliation of the
gl0ries they can never acquire. The pulse
OF the city can be felt in Its real estate. Let
any doubter send on his trained galen and
diagnose her case by the throbbing pulsa-
lions. Dallas is to-day worth double in
gold what she was one year ago, and If this
be not evidence strong 40 holy writ Of her
rigorous adolescence,i 1t will be impossible to
discover better.
TO railroads. no other city can boast
oil better system and no pretentious
town seeks aid from any other than that
now subrervient to Dallas interests. The
die Is cast and will not be recast and the
people at large find no reason for CONNER.
cial revolution that could only result In the
disturbance Of business equilibrium.
ON CHANGE.
No business was transacted ON the Tx.
oAange to-day, the members all desiring to
pay this last tribute VI respect to the
Oemory Of one Of their most hOnored fra.
ter, Captain ]. l.. Leonard, whose demise
was announced in this mornings HER.
AID. A large number Of the friends OF the
deceased assemb led at the Exchange room
nils morning at O'Clock, in response
10 call Of President Oppenheimer. to give
expression to their feelings on the occasion
Appropriate resolutions were adopted. Re-
marks were made by several present indica
tive Of the sorrow Of our whole people, and
the lOss Dallas and the state have sustained
In the death Of one OF the most enterprising
and universally beloved citizens. The pro
Oeedings will be found in another column
OF this mornings paper. The Exchange
room was draped in mourning, and closed
At IL m