Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1890-12-04
Not u Boom.

On II recent date we visited IIagerstown
and having some business to transact with
the HegclsowE Manufacturing Mining aud
Land Improvement Company, called at the
company's offices in the Hotel Hamilton
We had the good fortune to fall in with Mr.
II, II Straub, the company's aggressive and
thoroughly equipped Acting Secretary.
through whom The business ut hand was
cxpcditiously concluded, whercupon he offer.
cd to acqua,nt us, by actual sight, with the
Company's work and possessions. Prior to
that day we had looked upon the movement
| in IIagerstown as one Of the thousand and
one land specuations Of the balloon order.
that are now occupying the attention Of
every eastern man al al given to tlahbling IN
business of II purely speculative character
We say, prior to that day because we have
come to look upon llagers,own's movement
rs something vastly higher. better, safer and
more Legitimate than ninety per cent of the
"boom>' that are tlourishiny particularly in
the Shenandoah Valley, but elsewhere in this
section.
When one learns, as VIC had ample and
direct opportunity on that occasion, of the
great number of hives of busy human indus.
try that arc hnmming ON every street IN
liagcrstown when we go over the ground
and learn of the great railroad frontage on
the half-dozcn lines that converge ut that
poin, and when we recall that of these roads
the b. Il o., the Pennsylvania &C. ' ~ the
Reading are numbered among them and that
the great Southern route by way of the now
to be rchabiitatcl Shenandoah Valley rail
road finds it, northern terminus here; with
the w. NJ. becoming practically trunk line
through its connections with the b. e. y. at
Cherry Run and the Reading at Shppcns-
burg; when We recall the substantial growth
in population of probably 800 u year dur.
ing The past five years and yet find the dc.
mand is for more houses, and that the new
population is employed regularly, not in
Immense manufacturing concerns by the
thousand, but III diversified interests employ.
ing some scores, others hundreds OF men as
New En- land is able to boast no better ship
ping facilities and probably farther from the
raw material. yet dotted with cities ten times
larger than Hagcrstown; when we recall all
hesc fact, AMI IN .rs!lal. them in order to be
m'clllgently considered, we recognize simply
the advent Of Il new era in the industrial life;
OF the people IF our State and that Hagers-
town has been the one TO realize the great
value of her opportunity and having seized
upon it has promptly taken the lead No;
the great movement in Hagerstown is not IL
boom; it is solid sterling business advance,
based upon combination of exception
ally favorable circumstances and conducted
under no high pressure Or balloon" methods !
Of specializing.
The lots that have been sold by the NJ M. |
u L.. l. Company have not brought the fabu
lous prices that lots in purely speculative
movements bring and in every instance lots
rc.s"ld have brought handsome advance in
price. This company owns about 100 acres
OF land on the south, west and north of the
city and their lots are rated at prices that
"boom' companies would laugh at, yet these
same lots are sold aoith the expectation of their
being improved; "boom" town lotnsot at all.
No immense fortunes are being made in the
Hagerstown land movement, yet handsome
sums of money have been made by the pur-
chase and resale Of lots and 50 far as we have
been able to learn, and we have made careful
inquiry, no one has made an attempt to sell
t an advance and failed.
The company IS advertising a sale or.
Tuesday and Wednesday of next week, De.
ccmber 9th and 10th and we know of no
surcr promise OF profit than an investment
in lots al this sale. We are not IN the habit
OF advising our readers to indulge in wild cat
ventures of any kind in fact we consider it
our duty to invcigll against them as we learn
OF them, but we unTescryedly ass TT our CON
fidencc III Hagcrsiown and the test of our
confidence will lie in the fact of our purchase
of lots at the coming SALE WHICH We assured
~ expect to make.