St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-08-15
THEY WILL BE MISSED.
REAL ESTATE HOSTIERS WILL NOT
Be HERE NEXT WEEK.
THEY WILL COME NEXT YEAR
Under Pressure OF Bad Times the
National Real Estate Conven-o
ton Will Be Deferred-Presi.I
dent Cutter So Intimates in
Two kilograms The Locap
Exchange Answers. !

The national real estate convention;
that was to have opened in ST. Paul!
Aug. q will be deferred for year. Of
this there is now practically 10 doubt. i
+. j. Hodgson, vice president of the
real estate exchange, was seen last night
10y GLOBE reporter, to whom he stated
the reasons which the national associa-
ton officers give for deeming it best to
take the action which President Cutter
took yesterday. Mr.. Hodgson said that
coming such long distances as many OF
tue delegates would be obliged to meant;
the expenditure of more money than
most people lntheSe times of financial
embarrassment felt justified in spend
ing, and that on account Of the prevail
ing dizziness in the real estate world it
would be well to postpone it. There was
small chance. Judging from the present
appearance of things, for any improve
ment by fall, and that therefore
he was not III favor of hold
ing it later in the year, as
some of the members of the board
seemed to think might be advisable.
He further said that although the ex-
change here had spent considerable
money in preparation for the coming OF
so many strangers, that it had been
principally in the way of advertisements,
which would do the association much
good ultimately. Although the ex-
change, with the assistance of citizens,
had made all the necessary prepare
tons tor entertaining the city'S guests,
Mr.. Hodgson still considered that in the
long run they would gain rather than
lose. By next year he thought times
would be better generally. and the con-
vention would be made mere memo
rabie one.
The idea of poStponement. how
ever, had never occurred to any c. the
members OF the exchange here befo.e
Secretary Wall called a meeting of the
executive board upon receipt of the
following telegram:
Cutters kilograms.
BUFFALO, n. Y. Aug. Al. C.
Wall, Secretary Real Estate Exchange:
Strong pressure is being brought to
bear upon me to postpone the congress.
The board of control advise it, as well as
many prominent members. If st. Paul
wishes poStponement, and VIII enter
tain the congress with equal or added
heartineSS next year. | may consent to
delay. See your st. Paul people to-
day and wire at once, suggesting date
of change. l can use the Associated
Press wires to give wide circulation to
the change of date. if it is decided upon.
CIVILIAN b. CUTTER. President"
The following additional telegram
was read while the board was in
session:
~. G. Wall, Secretary Real Estate
Exchange, st. Paul, Mimi: AdviceS.
just received from many important
cities. which were to be represented by
large delegations, seem to demand post
pavement, pending more settled con-
dition OF the commercial world.
WILLIAM Z. CUTTER"
The following reply was teiegTaphed
after the deliberations of the local eX-
change:
''Wiliiam b. Cutter, President Ma
tional Real Estate Association, Buffalo,
n. Y: st. Paul is now ready to enter
tain the congress. but in Difference to
expressions contained in your dispatches,
we assent 10 poStponemens to such date
in June or August. 1894, as may be des-
ignated by board of control. Wire de-
cISiou Immediately. j. T.. WALL"
1t can readily be seen from the above
that the postponeInent does not rest
with the exchange here, and, while st.
Paul people will regret the postpone
ment, it does seem as though it was for
the good of the greater number. There
is little doubt as TO what the nature of
President Cutters reply will be. thou gin
it had not been received up to a late
hour last night.
Associated Press Report.
BUFFALO, n. Y. Aug. 14.-AdviceS
received from many of the most impor-
tant cities in the country which were
to have been represented by large dele
cations at the congress of the real es-
tate association at st. Paul. Mimi, OH
the 21st, have led to the postponement
of the congress pending more settled
condition of the commercial world.