The weekly tribune. [volume] (Great Falls, Mont.) 1891-1894, 1893-06-30

to be made almost Immediately, and it
is among the possibilities that a return
to the bi-metalic system of the constitu-
ton would be hasten ed by this conces-
sion.
"The tremendous depreciation of
stocks Of various kinds, amounting to
something like SG00,0O0,00o, is going to
detract seriously from the popularity of
this class OF Investments. This depreci-
alton really means the squeezing out Of
some Of the water in these stocks, and
the investors who must suffer for this
tapping are beginning to think of a safer
place for their money. They will turn
inevitably to real estate. and | believe
that the next few years will see such an
increase of real estate investments as has
rarely been known in this country.
There is no other kind of investments,
except government bonds, that are SO
safe. Real estate in a country like this
is the best and surest investment known.
1t rides the storm when all else fails, and
the wise people who appreciate this fact
are coming here with their money to in
vest in our lands. Lands are low here
now, and those who have capital to buy
and hold them will make more money in
a few years than they could earn in a
lifetime by investing even in the best
stocks. | regard the stock ~shrinkage as
OF vast Importance to the west, and to
no city more than Great Falls, which
possesses advantages that no other loca-
ton can hold Il candle to-"
***
Mr.. Gibson always speaks with convic-
ton on every subject he touches, and his
auditor with a large part of his contid-
ence. AS the founder of a city which
has grown in a few years from nothing
to a burg Of 1900 souls, no and all of
us have seen his most sanguine predic-
tons realized and more than realized
over and ovcr again. But besides these
words of comfort he brings good news
also. While at Minneapolis he saw Mr..
Dunwoody of the Washburn- Crosby
company, who said that as soon AS the
power is connected with the mill and
elevators here, operations will be begun
at once on a basis o. 300 barrels of flour
per day. In case enough wheat cannot
be had in Montana at present a supply
will be held in the company's elevators
in western Dakota to supply the defici,
ency, and as soon as the farmers of
northern Montana wake up to their in
terests and provide the wheat, the mill
will be run to its full capacity Of SOC
barrels per day. AS the day on which
the water power can be connected is not
far distant, We shall soor have the happy
consciousness that VIC have begun 10
produce our Dreadstuffs al home.
*4*
In concluding his conversation Mr..
Gibson had this to say about the en-
lightened und progressive policy of J. j,
Hill:
There ie no other railroad operator in
the country in a position to do what Mr..
Hill is doing at this time in the way of
cutting down freight and passenger
rates. Nor is it any new thing with
him. 1t has always been his policy. He
builds a road into Il new country and
then offers rates that will insure settle.
ment. He has done the same thing in
Minnesota ami Dakota. and it is his
fixed policy now for the settlement Of
the far northwest. He has had it ia
mind from the beginning of this great
enterprise, and his liberal spirit in the
matter is appreciated by ali the people
in the country through which his road
passes. These reductions IN freight and
passenger rates means d great deal Ia
Great Falls, and we shall soon see