The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1893-10-10

the whole Midway encourage remains
! 10 be seen. ! am a deniZen myself oil
| the Borgho, and | note the elect oil
| Peters pence on IL II is as the rain on
| its parched grass. / ask myself as to
| what will become, for instance, oil tho
big hotel l''Gfe proof ia Wheeling and
"staiI here aud its thousand and and
| one rooms when Is PeLer's pence Is
shut of. 1t has not generally been hall
full the whole snmmrT lon0. Somebody
is going to lose barrel Of money in this
venture. And, like tine Speciatorium,
that cost 100000 and sold the other
day for $500 it lie only type OF many
such ventures in the 5orgho district.
LOCAL TRANSPORTATION.
The Peters pence that has dropped
into the coffeu OF the local transporta-
ton companies since May lst, and par
ticularly since July LIST will be sadly
missed. There is the Galley l." Tor
instance right f0FHiast my hostelry,
that in September carried $4,000 peo-
Pile per day as against an average 10000
or less before the lair opened, and yet
Chat is still carrying at the former
rate the stock OF which doomed close TO
par this time one year ago, in anticipa-
ton OF this immense increase Of
| business. and yet, despite oil
| its realization, IS now slowly
sinking, sinking and sinking in the
| market below 80. IL looks as II the
management despair OF all future com
pensaLion for the loss OF this Peters
pence.
Then, too, there is the crosstown cleo
tries (tentacles OF the city railway sys-
tenn, that move back and forth like
sneteors over Sixty-frst and SiXty-third
streets, and that are loaded, like so
many Argonauts, with such weight oil
golden fleece that it seems as ii they
would break under the load. They. too,
will Just as surely miss their great big
portion OF the Peters pence OF the FAIR
With all their receipts, and despite the
recent large and assorted dividend OF
the system OF which they are part,
their stock has fallen l55 points since
this time last year; that is, from 44O to
27j.
All this reminds me OF the deeply
philosophic questions thai used to be
discussed at the couptry school houses
alter spelling bees, when | was boy,
viz, Resolved, that there is more
pleasure in pursuit than in possession"
At the discussion in the Borgho district
here this winter the question will proba-
bly, be answered 50 as TO read more
pleasure and profit"
Chicago as whole has not had much
monied profit, counting everything, out
OF this great enterprise She has had
a good deal more OF worry than oil
money SO far. There was first the long
and costly strife to get it located here
next, the struggle aud sacrifice TO raise
fifteen millions oil dollars; next, again,
the fixing OF u location and the build
ing and running of the fair in all its
varied. indeed its mnltitudinous phases,
and lastly, the money sunk and the
business curtailed and even killed, by
the unnatural boom in real estate, in
eXtravagant rents, in the enhanced cost
of living, and in so many unproductlye
ventures Of all kinds.
BENEFITS TO CHICAGO.
Indirectly, however, great conse.
quences, most important to Chicago,
will slowly follow this fair. No place
on this continent is now better known
throughout the world. Despite the
jealousy OF the eastern seaboard, par
tlcularly New York, the fair is a great
success. The pluck OF this town not less
than its resources, present and prospec-
tive, has made it in the estimation Of
the people OF the United States, who
live this side OF the Alleghenies, the
American city par excellence. Lastly,
Chicago has gained, ii possible, new
confidence in herself. She more than
ever regards herself as equal to any en-
terprise incident to her destiny as the
London OF America; and sill more i'm
portant, more than ever hereafter, man
ufacturers, commercial men, investors,
and trades people OF every kind, in Eu.
rope and America, will believe in this
destiny and will center here. This is
wherein consequences OF vast pith
and moment are to inure to Chicago
in the next few years because OF this
fair. 4. W. c.