St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-08-18
Total ...S167, 270.0O

oNo 70
Real estate dealers agree in predicl
and prosperous season.. E. s. Norton
says the conditions of to-day are INT
what similar to those experienced in
1888: There had been a couple of years
stagDation. during which local men
seemed to distrust everything connected
with st. Paul. and had even doubts as
to the city's future. Then came a brisk
inquiry from Eastern parties-the same
as is being witnessed to-day. 1t is,
therefore, with confidence that Mr.. Nor
ton looks to a season of good, solid pros
poets, such as we have not seen before.
The cable bonus and the electric lines
bonus are still with us. The probable
ity is of success attending the efforts of
parties interested in the extension of
the Selby avenue cable. There is now
but a small defciency-bpt. one or two
thousand dollars-and W. R. Bushnell
amount will have been raised by the
end of this month. The projectors of the,
electric motor lines are not likely to so
quickly raise the $3.50, 600 required by!
MIR. Lowry. Their efforts are being
somewhat retarded by the action of the.
council and Mr.. LowIy'S determination.
not to accept the franchise offered. In
this condition of affairs, and with other
offers to build the lines without any
bonus. many of the property ownersI
are very diffident about parting, with
their money. -
The delay occasioned by the city coun-
ell in settling this franchise question,
thus retarding the growth of improved
transit facilities, is having an adverse
effect upon the real estate market.
When, six weeks ago, the Cochran-Ire-
land syndicate first mOoted their scheme
for electric lines to open up Reserve
township. sudden activity Vas displayed
among the property interests of the dis
trict, and there was a particularly act
i've inquiry from Eastern capitalists.
The delay occasioned in securing the
franchise has not only operated against
raising the bonus, but has materially
affected the marketability of the prop
erty. The inquiry has fallen off to a
remarkable degree. 1t is singular that
in such a matter of so grave Importance
the city aldermen will not quickly sift
the details. and come to a quick, def
mite and determined conclusion. The
sooner it is done the better it Will be for
the best interests of their constituents
and the welfare of the city itself.
Considerable discussion, and, in con-
sequence. unnecessary delay. is being
experienced the p!O POSED Broad
way bridge. Shall the bridge be high
or low?-that is the question upon which
upon which the city council are not.
The Sixth warders argue for a low
bridge; but there is a doubt as to
whether the national authorities would
consent to the building of such a bridge
owing to the impeachment it would he to
the river traffic. In the present con-
ficting state of affairs, with the cham
Der of commerce inclined to sit down
upon the whole business. it is exceed
ingly questionable whether anything
definite is reached oil the question for
some time to come.
The Taxpayers Union of EaStville
Heights includes in its membership list
many progressive and determined clti-
Zens. This is demonstrated by the &C
ton taken at a meeting the past week.
The usual growl having made about
street transportation facilities, it was
decided that they should no longer
grovel under the domination Of
Thomas Lowry. but at once come to
the conclusion that a line of buses be
started forthwith. The busses will run
from the corner of Seventh and jack
son to Brainerd avenue. The union
also directed its committee on parks to
take the proper steps for the purchase
at $4,000, of a block at the corne OF
Westminster and York streets. to be
used as a park. There's pluck and de-
termination! If the union waited upon
the park commissioners, they might
have to chang round" until they had
grown grey.
So much is now 3 days heard of the
Sixth and the Second wards that it is
refreshing to hear mention made Of the
First ward. The residents OF this
ward are a long-sufferlng people, for
they claim they are absolutely without
rapid transit and police and fire protec-
ton. There is a population of 1900
people in this ward, and though they
have kicked. asserted and clamored for
these accessories to a we'll regulated
community, up to the present no atten-
ton has been paid to their demands.