St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-07-16
STALWART ST. PAIL

never since the census gave st. Paul
population Of $4,000 in 1865 has the
city stood still or gone backward.
There have been years or periods
when there were greater activity and
prosperity than during other years; but
IN the annual roundup no year has
failed to show an advancement.
The firstyear a street car service was
supplied it was deemed impracticable to
keep the rails sufficiently clear from
Ice and snow to run the cars III the
winter, and the tracks were absolutely
abandoned for weeks, line of large
sleighs being run in lieu of the cars.
In view of the magnificent street car
service now supplied and never sus-
pended, it seems almost incredible that
such thing as we have cited could
have occurred.
The difference between "then and
now can readily be appreciated by all
who read the simple statement of the
fact, and no enlarging comment is nee
essary to con vince the most casual OBJ
server of the constant progress in this
direction.
1t is within bounds to say that there
has been i'll that period similar advance
ment IN every line and branch OF bust
ness in the city. To the general public
this may not be as apparent as in the
object lesson cited of the street car
service, but those engaged in various
lines of trade and manufacturing
can individually testify to this fact,
which investigation readily demon
Strates.
The year 1898. in spite of the general
financial condition of the country, is
proving no exception to the uniform
progressive record of st. Paul. A cur
sorry review of only few of the great
establishments of the city. given else
where, bears out this statement beyond
all peradyenture. 1t is a record OF
which the residents of st. Paul can we'll
be proud, individually and collectively.
To say that st. Paul has not felt, and
is not feeling, the effects of the general
depression would be absurd and I'M
truthful.
To say that the first six months of the
year have shown progress and advance
ment in spite of this is to state simple
fact, and with the remaining six
months Frightening day by day, the
record of the year is sure to conclude in
accord with that of the past.
Inactivity in real estate, except for
absolute Improvement, may check
speculation, but it is far from being an
unhealthy situation. Speculative eras
are always ephemeral and, in the long
run, disastrous. 1t is the solid, steady
and not at all times rapid progress-but
always progress-which tells the story
of prosperous community.
That is the record and history of st.
Paul for generation past, and it is the
record which is being made for this city,
day by day in the year 1898.
With three transcontinentaI railroad
lines centering in ST. Paul, placing the
territory from the head of navigation on
the Mississippi to the Pacific ocean and
beyond within our grasp; with de
velopment in that vast region already
great, but sure to be so immense that
the widest imagination can not con-
ceive its future, the destiny of this city
has long since been assured, and its
continued development is as certain as
night follows the day.
Chicago, with the millions being
poured into her lap from the temporary
and artificial stimulus of the worlds
fair, does not today occupy relatively
as prosperous condition as st. Paul.
Everything there is Overdone, including
the mortgages Oil real estate, while the
conservatism of business men in St.
Paul and the vast and undisputed ter.
ritory tributary to our doors place US in
a far superior condition.
The proof of this is results, and
when the record Of the year is written
the results will be upon the credit side
of the st. Paul ledger.
Instead Of an era for disbursement,
it is an era for hope and congratulation.
Hope for the future and congratula-
ton that the business of this city is
based upon the rock of solvency, energy
and ability to continue the onward and
upward career of the past quarter of q
century.