The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-11-24
CUNNINGHAM ADVICE
What a Friend of Salt Lake Saws
of 1t.
THE TEMPLETON CHANGES HANDS
Speculation on the Fate of the Merchants Lii
cense in the Council To-Night-New
Companies.

Among the men of means and enterprise
who have cast their lot among US is Mr..
Sylvester Cunningham, of Gloucester,
Mass, one of the firm of Cunningham,
Thompson & Benson.
A long cherished idea of building hotel
IN one of the best cities of the west direct
ed his steps towards Salt Lake, and he
brought in his gripsack a plan for the
Knuts lord.
New corners can recall the appearance
which State street presented only short
time ago. Adobe houses, surrounded
by gardens and orchards, occupied
ground soon to be covered by massive
blocks. The times were ripe for a change
That portion of the future city was awake
to the situation. The land holders saw
their opportunity and grasped it. Salts
factory arrangements were made and the
work begun which few months ago ended
In giving Salt Lake the best hotel structure
in the west.
During the time this was in progress Mr..
Cunningham frequently visited the CITY,
He has just concluded his third visit of the
year and left for the east yesterday He is
gentleman of pleasant address, modest
and reserved, but possessing qualities
which draw and hold friends. In
feature he is not unlike the recently
elected governor of New York, though the
complexion is of the roseate hue and he is
not physically SO large. de is friend and
admirer of the young governor of Massachu-
sets, MIR. Russell, and regards him as
clever, brainy, and man who will prove
OF service to his state and nation. In
speaking of presidential timber, and while
not preferring Cleveland personally. he be-
heves his hold upon the business men of
the country is very strong. The Repuhli-
cans are bitter against him because he
punctured the delusion about the country
going to the devil if the Democratic party
were placed in power.
AS to the financial situation, he says that
MONEY Is NOT SCARCE
in the east and the banks are stronger than
Tor years. However, there is great care
exercised in making loans and the feeling
OF Qlstrust Will soon wear out. The money
which is falling due in those sections that
have enjoyed bountiful crops must seek re-
investment and this region will reap the
benefit at an early day.
The difficulties in the financial world
caused by the Barring Brothers great fail
ure have been readjusted and the old loans
scattered so as to divide the Liabilities and
relieve the strain.
There is better feeling springing up in
~
the sections mere closely, and upon this
good feeling and confidence depends the
autonomy of business Eastern capital is
seeking the west and south, and in turning
to the former, no better field than Utah
can be found. The Old time shadows
which may oncs have frightened the more
timid, have passed, and the thinking and
reading people of the country have about
concluded that all objectionable features
have been eradicated
The mining interests alone will bring
men and money here, for this is recog-
nlzed Industry, which If followed legiti-
mately cannot fail to produce great profits.
SPEAKING OF SALT LAKE,
said Mr.. Cunningham, it is not over built
at all, and though times have been a little
quiet, this city will be one OF the first 10
pick up There are some magnificent
blocks here, the Commercial the Dooiy,
the Mccormick, would do credit TO any city.
Il is right that pubic and private growth
should be made together. The streets
should be paved wherever the property
holders ask for ii, and the water and sew
erage facilities extended as the demand
grows. All that's done should be done we'll
Salt Lake must have the Deep Greek and
any other railroad projected to the Pacific
We must not let these enterprises go
around US. 1t is a mistake 10 have these
vast mining regions tributary and yet not
in reach for lack OF human effort
OF the city government much might be
suggested, perhaps, but the cid rule OF
putting only reliable men in Office should
always be adhered 10. The frequent alarms
about holds-up and difficulties n tn police
department are disagree, able incidents, but
there ls certainly experience ard ability
enough IL Salt Lake tC have good order
maintained
ONE THING THIS CITY SHOULD DO
in connection with the Worlds ia ir
Acquaintance begets confidence and con ~
deuce brings business. Some plan should
be devised whereby body of reputa bic
business men could be induced to come
here, examine and report upon this city as
suitable point for capital to be directed
Unlimited amounts of money were thrown
into Kansas City and Denver, and the
same can be done for Salt Lake, provided
the opinion Of the right men is placed be-
fore the financial world in manner that
will command attention. The next four or
five years Will be the golden opportunity
Chamber of Commerce
The directors Of the chamber of CON-
merce will meet at o'clock this evening.
in place of yesterday, as was called for bv
the secretary. All are requested 10 be on
hand tonight.
The Merchants License
The new license schedule will come up