Morning journal and courier., 1891-09-02

the secretary of the chamber of commerce, | Mir. George W. Coe, who has compiled | many interesting facts and embodied | them in pamphlet form. Iron is to be had | very cheap he's, as the mines are close at
 hand, while timber-including hard woods gan almost be had for the cutting. Coal is from fifteen to twenty-five cents
 per ton less than at Chicago, and freight | rates by water are lower than at any other point in the northwest.
 All eastern parties who have @ market for their wares in the north vest could not find a better point than this city. As a
 wholesale point Superior is in a position to supply all the surrounding country, even including the cities of St. Paul and Minneapolis.
 At present money is needed here to as- sist in moving the great wheat crop, and capital thus invested here will yield 8 large return. The wheat crop of this year is the largest in the history of the country, and the greater part of it must be handled by the elevators here. Superior has been named the "City of Destiny" It would seem to me more appropriate to call it the 'fCity of Necessity" On account of it's unrivalled geographical position it was absolutely essential that city be built here; and surely the last five years have accomplished wonders. I know with "udI ulstEuSG OuE CohscEfatiNo Dusthcsb men and capitalists in the east are wont to regard these "western towns" To these men say take week off and come and see Superior, and you will not leave with out making profitable investments. You will see at 8 glance that no "boom" is needed here; but that this city will in time rival even Chicago.
 The finances of the city are in good shape. A large number of sewer bonds have just been placed in Chicago, and there are also for sale some thres hundred thousand dollars of "street improvement bonds" I have carefully examined these bonds and they seem to me to be first class security; they are lien on all the improved property and have seven years to run. They pay six per cent and can be bought at par. They are worth an inves- tigstion by some of the banks and insu- rance companies of Connecticut.
 Additional banking capital is needed here, and an excellent opportunity is thus presented. The banks are all making from eight to ten per cent, and are really not able to handle the increasing business In conversation with the bankers here I have been conclusively shown where a trust company started here with a capital of from three to five hundred thousand dollars could yearly pay a ten per cent. dividend besides laying aside a surplus. I may add that I am now corresponding with New York parties relative to the es- tablishment of such 8 company.
 The fact is eastern people know com paratively nothing of Superior and its possibilities. They have, of course, heard of the place, as they have of Lake Superi- or; but they regard it as a far off point and difficult to get at. It can be reached from New York in almost the same time as St. Paul
 You leave New York at five o'clock p. m. by the North Shore limited-and are in Chicago the next afternoon at half past four o'clock. From Chicago there are sev- eral ways of reaching Superior; but the best is by Chicago, St. Paul, Minneapolis and Cmahs-controlled by the Chicago and Northwestern railway and leaving from their depot on the north side.
 Their limited train leaves at six D. m., giving you an hour and half in Chicago This train is model of elegance and com fort, is composed of vestibuled sleepers and dining car, and makes the run through to Superior in fifteen hours, reaching here at nine a. m., only forty hours from New York. A later train by the "Omaha" leaves Chicago about mid night and reaches here early in the after noon of the next day.
 I believe that as soon as Superior be- comes better known in the east it will be much patroniZed a place of resort in the summer. Its climate is delightfully."- cool and the temperature is very uniform uutil late in November. The nights are always comsortable for sleeping and the cool breezes from the lake entirely do away with extreme heat. Within easy distance by boat or railway the sportsman can find excellent fishing and hunting, and o 1aolyal harI,or affo portunities for sailing, rowing, &c. At the east end of the town is an excellent hotel, the Euclid" under first-class man. agement. The hotels in this city are all good, but perhaps for exceptional excel fence the Broadway Hotel" deserves spec isl mention.
 This fine large hotel is situated at the west end of the town on Broadway, which is one of the best streets in the city. It contains about two hundred and fifty rooms and is magnifcently furnished, con taining every modern convenience. Its table is unsurpassed by any hotel in the west, and it adopts the city fashion of a late dinner. Its manager, Mir. J. M. Ward, is gentleman of experience, and was for twelve years proprietor of the Grand Central Hotel in St. Louis, Mo, and no pains are spared by him to minister to the comfort of his guests. A ladies' billiard room, tennis court and pavilion are among the attractions, and every effort is made to render the hotel homelike. 1t reminds me of the "Brevoort" or the 'Gerlach" in New York city, and is simi- lar to the "Windsor' at Saratoga or the
 "Springs House" at Clifton. Its rates are from two to three dollars per day, with special terms to regular guests. Two new railroads are now being built, with termi- nals at Superior-the Duluth and Winne- peg and the Superior, Red Wing and Southern. A belt line road is also being constructed to run from Superior to Du- luth, crossing the St. Louis river and in tersecting all the adjacent towns. With
 these new roads connecting Superior with the great wheat growing country, and | bringing hither all the products of the mines, the importance of the city as a great railroad center can readily be seen, especially when you take into considera- l ton the other railroads (mentioned in my | last letter. which already have their shops | and freight houses here.
 I thoroughly believe in the future of Su- | perior and feel convinced that any eastern man who will come here and look the ground over will find abundant opportu- mites for profitable and safe investments,
 and venture to predict that within five years there will be population of over
 seventy-five thousand people here. had l intended to give you an account of an out | ling into the wilds on the south shore oi | the lake, but as my letter is already long | will defer that till later. T. |
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