Wichita eagle., 1888-03-04
THE BOOM THAT is TO BE.
A Prominent Boston Capitalist on Wich-
tia and Other Pointers.

The president of one of Wichita's
strongest banking institutions received
yesterday morning letter from Boston,
written by one of New England's great
est and shrewdest capitalists, in which
he discusses the financial outlook and
also delivers his opinion of the growth
and development Of certain prominent
western cities. This gentleman says
that the unanimity of the conviction,
among eastern capitalists, that Wichita's
location and development are such as
will make her one OF the greatest cities
of the west, OF itself constitutes sucn a
factor in her continued prosperity that
nothing short of an Unreasonable calam-
ity can prevent boom in her growth
and values as must beggar any one of
her experiences OF the past; that the ter
ritory already tributary to Wichita, to
say nothing Of Oklahoma, which
lies Immediately south and right
at her door, is a territory whose
trade, interests and productions, when
they shall have but been partially de-
veloped, will support center Of bank
ing, manufacturing and mercantile
interests at Wichita to which those at
even Kansas City will be secondary.
Another capitalist from the same city,
no
Burton car works, says that this I'M
mense corporation Will in the near
future employ vast volumes of capital
and multitudes Of operators; that the
number of cars called for or which
could be Immediately contracted,
would employ six millions of dollars
and that q million more Of dollars would
be put into the INTEREST On Monday the
9th of March, by three of New Eng
lands most enterprising tinanciers. The
last writer says that Boston stands
ready to back the Burton car to any
amount.
A prominent western packer writing
the president of the Wichita board Of
trade touching the new livestock field of
the southwest, and the fact that all the
new railway lines and their connections
seem to have been almost wholly built
with reference to Wichita as market
for the Pan Handle, southern Kansas
and Oklahoma, says: Il figure it that
two thousand hogs per day, and at least
that many grade cattle-butcher stock,
can be put into the Wichita market in
better condition and at less cost than
into any present established or contem-
plated packing point in the west, barring
railway determinations. If this proves
correct, and I can see no way of escap-
ing the conclusion, then the Dold's will,
as soon as your market gets fairly going,
not only have the advantage of us all as
to superior conditioned animals. but in
prices. This will not only result in a
wider field for shipment as covered by
my figures but force other packers to
Wichita, which market, in very short
time, possibly within two or three years,
will be cutting the Kansas City market
squarely in two, and be materially effect
ing our st. Joe livestock markets and
packing interests.
These opinions and suggestions, as our
readers will see, are almost in the nature
of an endorsement and a reflex of the as
sertions lately put into these columns to
the effect that such a reaction was taking
place in the minds Of outsiders touching
Wichita and her manufacturing, pack
ing and commercial interests. that if our
people did not have care other peoples
would be entertaining grander hopes
and more sound faith in and for Wichita
than her own people.
In short if Wichita ever had brighter
prospect or period in her history than at
any other, that time is now. While the
greater boom of which the Boston cap
italists speaks will not consist of wild
speculation or in discounting the future,
it will be boom which including gen
eral and wonderful prosperity will rem
der Wichita property worth its quoted
price in gold, just in the sense that one
gold dollar is worth as much as another
gold dollar.