The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-04-16


Mr.:
MY DEAR SIR:-I am not writing frequent
letters to you and the numerous other property
owners and business men of Salt Lake city for
The purpose OF annoying, but I am in terrible
earnest in my efforts to bring the interested
parties, whom l address, to full realization OF
the imminent peril of the present real estate
market and general business Of the city.
Not for the purpose of proclaiming publicly
or when it might reach ears for which it is not
intended, want to impress upon you all the
gravity OF Salt Lakes present and threatened
condition.
There is no need of arguing the fact that
unless something is done immediately done
thoroughly, and done on a large scale so that it
may be effective, Salt Lake will forever lose the
opportunity of all opportunities in her history.
This is not a matter to be dispelled from your
MIND, but is for you to think over between now
and Monday.
1t would be business folly for the chamber of
commerce, with its present membership, to I'M
dertake these things which it has in immediate
contemplation, and unless the membership is
increased to five or six hundred in the present
month those things cannot be done, which. if
done NOW, will surely right the present STU
alton. trust you will fill out and return by
next mail the application blank for membership
which mailed you few days ago, without
waiting TOR personal appeal from the mem
bership committee. Yours truly,
FRANK K. GILLESPIE, Secretary.
Now, what Imminent peril'' is the real
estate market and general business IN that
Mr.. GILLESPIE should be in such terrible
earnest to bring interested parties to a
realization of the situation! The general
business of this city is in a healthy, salts
factory condition. The bankers, the mer-
chants, the contractors and builders and
the working people are all content with
things. They are all making money or in
a fair way of doing SO, the outlook being
as bright and promising as could be de-
sired.
As to the real estate market, it is in a
healthier condition than has existed for
the past year. There may be less specula-
ton than prevailed a few weeks ago, and
there is not so much buying and selling,
but prices are firm and purchases are made
with better Judgment than formerly. The
chamber secretary may think it will be
better for the city if people will go reck-
less and wild, gambling in dirt as they do
in speculative stocks and with cards, and
it Is possible that it is that sort of thing
which he is sin terrible earnest to bring''
about If ''to right the present situation'
means to change the present safe march
Of progress for reckless and unsubstantial
booming, then Mr.. GILLESPIE and the
chamber, if he speaks for the latter, will
best serve the city by letting things move
along as they are going.
Frankly, the circular letter quoted herein
is a most unwise PRONUNCIATION, and ought
never to have been sent out 1t is sug-
gestion to our own people that things are
going wrong. and that prompt and heroic
efforts are necessary to right them; and it
is notice to the world that Salt Lake is
in a desperate way and can only be relieved
by some expensive and self sacrificing ac-
ton on the part of her citizens. If Mr.
GILLEsPIEis going to write in this vein the
chamber of commerce will do well to ap-
point revision committee to look over his
manuscripts.