Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-11-18
An Er1dence nfEnternrisn.

The success which has attended the
efforts Of the Chamber Of Commerce
in securing money TO purchase the two
lots of the southwest corner Of Main and
Ninth streets as q site for its building
justifies the fnith OF the public that 1t
will accomplish whatever it undertakes.
When it first outlived its project there
weremany who said it would be fruitless
undertaking, and that it would never be
able to raise the funds. 1t has raised
them, and quite easily,
The property it has acquired is OF great
value, and never will be worth less than
now. Already We see that stimulus
has been given 10 Main-street values,
and recent sales near Seventh street to
men who contemplate the erection OF
fine buildings so to show that this great
thoroughfare is destined to enjoy some
of the prosperity that hes OF recent
years been the almost exclusive portion
of Broad street.
As long as the Free bridge exists (and
we suppose that will be forever, for it
will neverbe taken down except to make
room for o stone-arch bridge Ninth and
Main streets will DO the intersection Of
two of our greatest thoroughfares, and
at the southwest corner the Chamber of
Commerce building will loom up in ma
jes.io grandeur. This Is settled. The
money for two lots is secured. The sale
of mortgage bonds will provide tho build
ing fund. But as the architects plans
begin to be outlined it is seen that il will
be q great pity not TO have for tho site
three instead OF two lots. The ground
on which stand the State Office and the
hardware store adjoining have been &C
quired. Now it has been resolved to
buy the jewelry-store lot also. For this
and other preliminary expenses of build
ing 5000 will be needed. That our
people will furnish it We cannot doubt,
especially as it is not asked as gift, but
as an investment.
II will not be money thrown away it
will not be sunk it will be invested
in productive property, and in q building
which Will be not merely fine adver-
tisement for the city, but which will
supply an absolute demand. The Cham
Der will have It's home there, and about
it will be gathered scores of business
Offices.
II will be good investment. The
DIsPAToH receives this assurance from
businessmen whose Judgment may be
safely relied upon.
Buildings such as this pay well every
whore, and no city needs one more than
Richmond. At present it is impossible
10 obtain on Main street between Eighth
and Twelfth sufticien. room for Offices.
Ground-floors are all taken up. Few
well-arranged second floors are 10 be
had. Third and fourth floors are moi
sought after where there are no eleva-
tors The Chamber building will have
two elevators and all Of its seven stories
will DO desirable.
Now, this building is q forthcoming
fact Neither the City Hall nor the Ma
sonic Temple is much more so. The
only question is, Shall il be cramped
upon two lots or expanded upon three
The Chamber says "upon three, and il
relies upon the public spirit OF the com
munity to sustain ii in this position.
The $4,000 already raised came from
agreat number Of subscribers. Our mer
OF wealth and our men Of moderate
means alike invested in il, but hundreds
amply able TO help have neglected
10 do SO, and Others who have invested
can easily afford TO increase their sub.
scriptions
Now, il Is determined that We must
have the three lots.
Raise the extra s20 600.
IL 10 an investment. no. gin