St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-05-27
ST.PAUL REAL ESTATE
The Week Was Very Rainy
and the Business
Rather Light.
An Effort Being Made in
Favor of Elevated
Roads.
The Matter Will Be Presented
to the Chamber Of
Commerce,
Notwithstanding the Council
Notwithstanding the Council
Has Laid the Matter
at Rest.


of rapid transit between ST. Paul and
Minneapolis, and also from the center,
or business part of st. Paul to residence
locations all around the city. There is
present, absolute necessity for cheaper
homes than can now be had here, acd
the only way to secure those homes
seems to be to secure cheap and quick
transit to the suburbs, where lots are
cheaper than they are i'll or near the
center of town. 1t would be difficult to
find stretch of country more attractive
than that which lies spread out
between these two cities, and almost
any effort made to fill it up with people
will be regarded as beneficial to each
town. Several propositions have been
before the city council for the pur-
transit through this intervening
territory, and it is undoubtedly the wish
of the people of st. Paul that favorable
consideration should be given to such
of them as appear to be the most bene-
fetal to both towns. Care should be
taken, however, that in whatever is
done, and whatever franchises are
given, the interests of the city and all
It's citizens should be fully protected in
all respects. The people of st. Paul
want cheap, quick and safe transit. with
do not want anybody shut out from COM
petition. Nor do they want any fran
chise given that will hereafter prevent
any one from coming in and giving US
better kind of transportation.
THE ELEVATED RAILWAY.
The talk OF late has been of elevated
railroads. 1t is claimed that nothing
but success has followed wherever
these roads have been built. Philadel-
phia has recently had the matter under
consideration, and, it is claimed, has
found, On examination and inveStiga-
ton, as well as by experiment, that in
every way the elevated railway is the
most desirable, and that wherever it
has been adopted in that city it has in
variably increased the value of prop
erty and brought large tracts of land
Into market that were otherwise of no
use or value to any one. The matter of
the center of the city of Philadelphia
and extending them out into the coun-
try around the city has been recently
under consideration. This, it is said,
has had the effect of causing rapid adj
vance in land values along the various
lines of the Reading system. A Phila-
delphia paper, in speaking of this, says
''this advance has been greatest within
the county limits upon the land tribu-
tary to the Reading road. all of this
property being brought into
ter of the city. Real estate
that was beyond the horse-car limit,
and which was available only for agri-
cultural purposes, will now be devel-
oped for building purposes, and an adj
ditional stimulus will be given to all of
our industries. The territory to be af-
fected embraces very large area, the
Reading lines within the county limits
which will aid in this appreciation and
development measuring over thirty-one
miles," This same paper says further:
"In an interesting lecture on rapid
transit, delivered before the Franklin
institute in 1884 by Prof. l.. M. Haupt,
of the University of Pennsylvania, that
gentleman, who is well-known expert
upon such questions, drew these con-
clusionS from careful study of the
needs of Philadelphia and the best
methods of satisfying them: The fears
losses to the city or the individual
from
WITHDRAWAL OF PATRONAGE,
or depreciation of property, ARE shown by
experience in New York to be ground
less. If Philadelphia desires to retain
even the present low rate of increase in
population and high rate of salubrity,
she must promptly respond favorably
to the request of her citizens to be per
mitted to build elevated roads,"
The professor showed that the ele-
waited railroads of New York have
greatly enhanced the value of property
there; that Camden is growing in popu-
lation at the expense of Philadelphia,
and that the annual loss to Philadel-
phia in revenue by its workers and bust
ness men being driven beyond its
boundaries to find homes reaches
millions of dollars"
1t is notorious fact that for a
number of years people have been
driven out of the city of st. Paul because
they could not get houses in town and
because the property in town is too
high-priced for them. Years ago
many went across the river to
West st. Paul and made themselves
cheap homes, but now the property
in that locality has advanced to such
figures that it is no longer available.
means of getting out into the country
and back quickly. 1t is estimated that
the increase in land values caused by
the Reading extension will be not less
than S20,000,000. What would be the
effect of bringing all this country be-
tween these two cities into the market
by means of some kind of rapid transit?
1t is difficult to say. 1t is most lovely
country, and abounds in beautiful,
the region for lovely homes. If once
brought within reach it would be peo-
pied in short time. Improved prop
erty, which is now rated low, would
rapidly be greatly increased in value,
and the increase would be continuous
from year to year. Thousands and
thousands of acres would Immediately
he brought into market and find ready
sale, and the gain to the city by the
increased valuation would be enor-
nous.