St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-29
7 STRONG. STABLE, STRAIGHT,
| SOUND, SAFE, SOLID. SURE
ST PAUL.

81
ST. PAUL.
1t has always been the pride and boast
of ST. Paul that In all its commercial
and financial relations it was founded
upon rock. 1t has owned itself more
thoroughly and absolutely than any
Western city Oh this or The other side OF
the Rocky mountains. 1t was the first
Western city after Chicago and San
Francisco that embarked largely III
wholesale or jobbing trade. 1t enjoys
a commanding commercial position,
being the center of vast system of rail-
ways, permeating the whole continent
west of it, to the Pacific ocean-which
system has grown gradually, constantly
supplying new fields of trade to our
merchants. who never allowed an OPP
portunity to escape them in taking adj
vantage of each successive step in the
march of development.
Mercantile skill and business sbrewd-
ness are valuable in their way, but
without mercantile honor and business
integrity all the combined sharpness in
the world will never eventuate in per-
manent success. Temporary advantage
may follow tricky dealings, but the end
of such transactions is invariably loss OF
confidence, withdrawal of business and
final disaster.
From the earliest days of st. Paul,
when its commerce consisted mainly of
fur trade with the Indians and our
neighbors on the northern frontier, our
merchants have always enjoyed the
reputation of fair and honorable deal
ers; their wo.d has been found as good
as their bond, and while they have al
ways enjoyed the utmost confidence of
their customers, they have maintained
an esprit de corps among themselves,
that has tended strongly to maintain
their business standing. What has been
characteristic Of our merchants, bank
ers and business men has also been
distinctive feature of the municipality
itself. Never has ii tolerated for a
moment the possibility of a question
arising upon one of its obligations. We
remember many years ago an instance
when one of its citizens disputed the
legality of an issue of Its bonds, and
paying the interest pending the litiga-
ton; but the city authorities assured
the holders that the money would be
paid, decision or no decision, and went
on raising it, and holding it ready to be
paid overtime moment they were at lib
erty to do so. From that day the credit
of the city has been "gilt-edged."
No fofi Of
the standing of our city from the fact
that just at the present time we are
reaping our reward: While there is
cyclone of financial distress on all sides
OF US, while banks, individuals and
trust companies are tottering and fall
ing all around and about US. st. Paul
sits TRANQUILITY and serenely on her we'll
earned throne of commercial honor,
placidly transacting her usual business,
and in all respects undlsmayed by the
prevailing crisis. All her banks will pay
their regular July dividends as if no
Stringency existed, and her citizens will
congratulate themselves upon the full
fllment of the prophecy of the old prov.
erb: Honesty is the best policy"
We are not so selfish as to wish to en-
joy all these benefits alone; we desire to
share them with our neighborS. A city
so strong commercially and financially
as we are can afford, with the present
disturbed condition of markets and
manufactures, to offer greater bargains
and better terms in all articles forming
the necessities and luxuries of life than
any other city in the West: and we want
the people to the west of US who are
visit to the worlds
fair in Chicago to know these facts.
We want them to stop over on their way
down and buy their winter furs, their
clothing. and the thousand and one
other things they must purchase, from
our merchants. We promise them the
difference IN price in their favor by
buying here that there is in the differ
ence in prevailing rents in St. Paul and
when everything in the latter |
city is at the highest notch of expeetant |
profits. We can promise any party or
who expects to lay in his
winter goods on his trip to the fair,
that he can more than save his whole
expenses by purchasing here. Come |
and see US.