The Washington critic., 1885-10-07


When the change of administration
was accomplished and a Democratic
President duly installed, says the
Washington correspondent of the Kan
sas City Times, prophecies of a real
panic as consequent result was heard
on all sides. For brief period it was
an unsolved problem whether these
auguries would prove true, and with
but few exceptions our most intelligent
real estate dealers were non-plussed. 1t
was not believed that high priced
property eligibly situated would dcte.
riorate in value, but the possible exodus
of large number of Government en-
ployes might throw into the market II
large amount of small real estate to be
sold at sacrifice. Then from the adj
journment of Congress in March would
follow long and dull summer, and the
attendant uncertainties were many.
AS the clouds of doubt and distrust
passed away and things could be
seen clearer, confidence was restored,
and the representations that
the values of Washington real estate
would shrink have not only happily
failed of realization, but on the con.
trary property has enhanced in price
all over the city, from Georgetown to
Anacostia and from the river front to
the heights. Real estate men say that
property Is now on Il firmer basis than
ever known before, and there is nothing
wild or speculative in the nature of real
estate operations. All is ON the healthy
plane, and in addition, suburban prop
erty finds ready sale, as well us farm
lands within short distance from the
city. Although over five thousand
houses have been erected within the
past year, rents have advanced, and ut
this early period of the fall season
dwellings are in extraordinary demand.
This has naturally encouraged board
ing-housc. proprietresses to advance
their prices, and the amounts asked for
eligible suites of rooms near the lead.
ing hotels are much higher than ever
before. Visitors and members of Con
gress must reconcile themselves to pay
at least 20 per cent. more for such &C
cOmmodatiOns than heretofore. Every
thing augmented in price except dry
goods, and these are cheaper than ever
known in the history of Washington,
which has commonly been the highest
market south of Mason and Dixon 5
line, except, perhaps, New Orleans
The credit system which obtained
heretofore has gradually been
driven to the wall, and cash deal
ings bring things down immensely
in price Upon the same general
subject the ST. Paul Gl0Je correspond
ent adds; The number of people who
are making money in quiet way in
Washington just now is something re.
markable. There are women in the
business rs well rs men, and some of
them are doing very well. One active
Spectator is the wife of a physician,
who amuses herself by building houses
in eligible localities and selling them
at profit. She has built fifteen or
twenty houses in the last year or two,
and realized handsomely on each one
of them, She makes II thousand or
more on every building she erccts,'
wv
Says Carp" of the Cleveland
Leadcr; "a TALL blue eyed man, whose
lean features, long, ragged chin whis-
kcrs, and lank figure reminded one for
all the world of the pictures of Yankee
Doodle, was standing in Wizards llo'
tel this morning, 1t was Senator Cock
rell of Missouri, the Uncle Sam of the
Senate, and the man who is destined to
be one of the Presidents chief defend
ers during the coming session. Sena
tor Cockrcll is man of considerabl,
ability, and he has large amount of
that common sense which is said to b.
the genius of humanity. lie was t
lnMNor nI the limn the Nnr hrnln ont