The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-07-09
ALL B[L|EVE IN HELENA.
Prominent Visitors Who Predict a
Great Future for the Capt.
tai City.
The Owner Of the Celebrated DAILY
Mine In Utah Visits Old
Scenes.
A Prediction hat We Will Have Three
Additional Railroads Within Eigh-
teen Months.

Quite an o!d-timer was in Helena yester-
day. in the person OF j. I. DAILY, of Salt
Lake. Twentv-six years ago MIR. DAILY did
not have rs much money as he has to-day.
and he lived in a little log cabin near
~Unionville, which is still standing. Yester-
day he visited his former field of opera
tions, accompanied by a photographer. and
found the cabin he once lived in, had it
photographed, and will take the picture
home to show his boys and girls. After
leaving Montana Mr.. DAILY went to Utah,
bought a mine. called it the DAILY, and it is
to-day one of the richest producers in the
northwest. This is his first visit to Helena
in many years, stopping over on his way
home from Alaska. Tho great change
from the little cabins of 1865 to magnif-
cent business blocks of 1891 made a deep
impression upon him, and he predicted that
the next ten years would see a more rapid
advance in Helena than have the
past twenty. Mr.. DAILY has great faith
in the mineral resources of the state,
and he says that as Helena is the financial
and mining center of all this region, with
proper appreciation of their advantages by
the residents and property owners. and the
cultivation of a liberal spirit she will be-
come the great city between st. Paul and
Portland within the next ten or fifteen
years, and her influence will be felt far be-
yond the state lines.
DIR. Fowler, Of the Denver & Rio Grande,
accompanied Mr.. DAILY, the gentlemen go
ing home in the afternoon by way of the
Union Pacific.
ST ~,ol;.A - .,sI - -1-klo-a1~ -~ko-lor |
Helena will have three additional
within eighteen months. 1 am
assured that the Helena extension will be
the first one undertaken by the Burlington
and the entire line will be put under con
Of financial ease will operate to bring in
the Union Pacific and the Great
Falls & Canada, unless control of
the latter should previously be secured by
the Great Northern. The three roads will
require for right of way, sidings, round
.nanded for use by associated business,
such as lumber yards, at least 1000 acres in
and adjacent to the city, which will not
OILY be taken permanently out of the mar
ket, but the purchase money for which will
be released for Investment locally. Tho
completion of the three roads named will
give Helena an impulse which will carry
the population at one bound to 10000. with
an effect on real estate values easy to fore
see. Extreme abundance of money always
follows a stringency. and the first channels
it seeks to flow in are railroad Investments.
Main street property" he continued,
'and that thanking 1t on both sides within
blocks distance, will always command q
nigh price because of the limited quantity.
Its high value will compel tho erection Of
tall buildings in order to secure tho best
.eturns, and the large number of office
jenements, with consequent concentration
If business, will work around in a circle of
circumstances to maintain the high prices.
The fortunate owners may rest secure not
'nly with the certainty Of good rentals but
teadily enhancing values. In one way it
s a benefit to a city to concentrate business
N a few streets. Their thronged appear
nee at all hours gives en- impression of
.ctlvity which strangers are quick topotice.'' ;