The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-11-27
GROVER MAY BRING A BOOM.
THAT rs THE HOPE OF THE WASH
INGTON REAL ESTATE DEALERS.


Tor q Revival OF &c on His Return.
WASHINGTON. Nov. 26-Business mon. real
estate dealers. and citizens generally OF Wash
inaton city and its suburbs are busily asking
themselves at this time whether tho return to
power Of Grover Cleveland and Democratic
Administration will cause revival OF tho
boom In real estate which made the property
owners AMI spuculators go happy n few years
ngo. Not that tho CAPITAL city needs n regu-
lation boom 10 convince the world TINT II Is
now largo and beautiful city. md destined
in the near future TO DO much largerand much
more beautiful. for every dweller at tho cap
ital is confident that he who runs may read
the signs of tie time which they think point
inevitably to Washington Us tho coming great
city OF homes. politics. literature. science. and
art. Ant and music have no strong foothold as
yct. hut they. too. are expected to take root
eventually and erect hero their temples of
beauty and SONG.
Ever since loss Shcpcrd md his friends
turned over the rotten ravomcnts and empty
treasury to the honest inlcl citizens of this
ten miles square and scattered themselves to
the four quarters Of tho globe. tho capital
city of tho Cnitoi States has been steadily
growing in size and symmetry. until day it
IS n model town. lust starting on tho road to
real greatness. For several years preceding
tho advent Of the Cleveland Administration
there had been n stcaay increase in the prco
OF property. governed altogether by tho grow
ing demand Cor residence and business sites.
and it wNs becoming daily more apparent
that. owing TO tho climate and various other
causes. Washington was. slowly. but surely.
becoming IL most popular city with residents
OF ali PARTS Of the United States. tho bulk
Of whom read about 1t constantly and
visit 1t o'tca and In great numbers. But
it was while Mr.. cleveland WAS pres-
dent that the great boom came which mado
Washington what 1t is to-day. During tho
four years Of Ircs dent Tinrrison's term there
has been no backward step: tho popularity
and 81 owth have continued. and the real estate
men have realized on their Investments. Tho
plan OF city extension and improvement laid
out when the Iii: boom first came has not
been abandoned or sidc-trncked by my
means. but tccausea city hns stood up under
one biz. boom thero is no good reason. her
people THINK why sho could not survive an
other and II il this desired boom number two
that is now being looked for.
In 1850. when President Harrison was inau-
Eurntod. the city had settled down into the en-
joyneht OF tho good things that had come to 1t
asa result OF what was generally knownas
the Democratic boom, which started in soon
nftcr Mr.. Cleveland became President. His
purchase Of Il country house turned tho eyes OF
SPECTATORS and property owners to the beau
tiful suburban region which he and Secretary
whitney had selected rs their temporary sum-
meI homes. and in al almost incredibly short
space Of timo several syndicatcs of capitalists
had hecn formed and the bruad acres In the
neighborhOod OF Oak View and Graaslands
ns t s"ma a sny d ns and ss
tSs sH s aa s' na h sSs, ssn ss
diate region Ct these, two estates than there
were IN 1H%'. Town lot prices. and stiff ones
dent are The capitaiists VII" own the lots that
Washington will grow until this country prop
srty will no longer bs suburban that they are
out STINT on street railways and other costly
and extensive improvsments. The success Of
that local and foreign capitalists at once
bounced upon Washington a. a good field Tor
.1sry ats in nd hs and eis
and city prices almost out Of sight.
electric and cable railroad building. cleo
trio lighting. sanitary sewerage. &c. was
1! now the vH!"scs ~ around cum u and about out
p oi., tsoiated are now almost within the
sudden evelorment Of Mashinston or from M the
fiat. srraEgy mudhole Of 1863 into the city Of
grew moro suddenly and more honestly rich
when the second transformation occurred,
ss anS Gnss q Whn t
pioneers in testilylME to their BELIEF, in the iu-
sure GrcS,Gss. Of Washington. and each was
left Washington he sold Oak View at a net
profit Of more than 100000; and Mr.: Whitney
When Eeniani IN Harrison came to the White
House some real estate spectators. more en-
tepsns ,hS1 to repeat
met with through their dealings with the
property Of President Cleveland and his Sec;
was selected that has since Lecome the head
quarters Of branch Chautauqua society. and
as sy d REM fsf tb0f me
Washington were able to rcaI at their break
fasts one morning that almost every inmate
Presidept himself had purchased corner lot
ct Glen Echo, the cons Iteration in most eases
the ladies OF the household and Miss Sanger
the Typewriter. had not been forgotten. and
the published ACCOUNTS OF the trans action. COM
piled from the Official records OF the adjoining
county. stated with cruel exactness the fun
details OF the latest real estate, decker. The
the proErietorshp OF the Presidential house
hold Killed tho whole project OF the building
up % .mlS brysI ibs snburean retreat
son cottage, kill ed Cape May Point. drove its
owner into bankrurtcy. and left little remain
gilt cottage and the mosquitoes. Since Har-
rlson has been President. however. Washing
soI SOno ON proudly, prices nave
not fallen. and capital has continued to pour
In seemingly from everywhere. The Fifty
first Congress lent a. helping hand when it
provided for the establishment OF an elaborate
publ ic mar along the borders OF historic Rock
Crock, and there is every indication that. un-
less something entirely unforeseen happens to
prevent. the enterprising capitalists and
Spectators who have invested their money
with such FREQ hand will mover have cause
to regret their courage.
A change of Administration Is variously re-
garded rs beneiiting the real estate market.
as giving 1t u setback and as having no effect
whatever upon 1t. he majority Of opinions.
however. of those who are supposed TO have
In formation on the subject is that new Adj
Illustration adds new life to the real estate
business and adds materially to the psrma-
neDt growth of the city. 1t is claimed by those
q this opinion TINT ut least nine lentl:s Of al
the discharged Government OF ficials remain In
ashington to make 1t their perma ent home.
And their places being taken by others. there
is corresponding increase in the population.
There Is a. Nopula ar sayl ng. In which the loyal
resident OF Washington takes great pride. that
when onco person has lived in Washington
nothing but poverty or death will make him
change the place Of residence. There is some
thing In the climate-sal ubrious in spring.
broiing hot In summer. charming in autumn.
m! generally pleasant in wiuter-that gets u
hold upon residents aud strangers hard to te
shaken on. Ii III y most delightful city for tho
poor, with Its wido streets. extensive parks,