Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-07-25
A BUILDING BOOM
Reported to be About Ready to
Break Out on Diamond Street.
RICH MEMS SONS SMASH THE RULE.
Salaries Equivalent to Capital, and Less
Troublesome to Manage.
BIG DEAL IN WILLIAMSBURG REALTY

1t was ascertalneQ yesterday from source
entitled to the fullest credit that number
of new and handsome business houses will
soon be commenced on the north side of
Diamond street, between Wood and Market
square-all on the new 50-foot line. Among
them may be mentioned one on the Wiley
lot, one on the Thoma lot, and one on the
lot owned by the Exchange National Bank.
All of these buildings will be frst-class
in every respect, and carefully adapted to the
requirements of modern business methods.
=
1t has passed into a proverb that the sons of
rich men are p-odigal in the use of money. It
comes easy and it goes easy This may be true
as general proposition, but it appears that the
rich young men of PittsDurg are an exception
to the rule. In a conversation between several
business men yesterday the fact was brought
out that quite a number of them who have re-
Gently come into possession of their fortunes
are investing largely in lands and houses, or
identifying themselves with established busi-
ness enterprises Some of the finest properties
In the city are owned by them, as are also many
of the best buildings that are in course of con-
struction.
These lucky and sensible youngsters are
credit, not only to their sturdy ancestors, but
to the city, and their commendable conduct
blunts the edge of Mr.. Carnegie's allegation
that it is misfortune to be the son of million
aire.
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